Latin America Axial Flow Pump Market Size & Outlook
Latin America axial flow pump market, 2018-2030 (US$M)
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Latin America axial flow pump market highlights
- The Latin America axial flow pump market generated a revenue of USD 283.3 million in 2022.
- The market is expected to grow at a CAGR of 3.3% from 2023 to 2030.
- In terms of segment, agriculture was the largest revenue generating end use in 2022.
- Chemical is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 283.3 million |
| Market revenue in 2030 | USD 366.5 million |
| Growth rate | 3.3% (CAGR from 2022 to 2030) |
| Largest segment | Agriculture |
| Fastest growing segment | Chemical |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Agriculture, Construction & Building Services, Water & Wastewater, Power Generation, Oil & Gas, Chemical |
| Key market players worldwide | Ebara Corp, Flowserve Corp, Hitachi Ltd, ITT Inc, Pentair PLC, Sulzer AG, Weir Group PLC, Xylem Inc, Grundfos |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.1% of the global axial flow pump market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,542.0 million by 2030.
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Axial Flow Pump Market Scope
Axial Flow Pump Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America axial flow pump market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to axial flow pump market will help companies and investors design strategic landscapes.
Agriculture was the largest segment with a revenue share of 24.78% in 2022. Horizon Databook has segmented the Latin America axial flow pump market based on agriculture, construction & building services, water & wastewater, power generation, oil & gas, chemical covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil and Argentina are some of the major economies in the region. Currently, oil and gas, mining and power generation are leading the demand in CSA, and these are areas that are increasing as the region is rich in natural resources and needs energy to be sustainable, these factors are expected to drive axial flow pump market in the region over the forecast period.
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Our clientele includes a mix of axial flow pump market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America axial flow pump market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America axial flow pump market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America axial flow pump market
Latin America Axial Flow Pump Market Outlook Share, 2022 & 2030 (US$M)
Latin America axial flow pump market
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