Axial Flow Pump Market Outlook 2025 – In-Depth Data for Business Expansion to 2034
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What is the current market size of the axial flow pump industry, and what growth rate is it expected to achieve?
The axial flow pump market size has grown steadily in recent years. It will grow from$33.68 billion in 2024 to $35.14 billion in 2025 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to industrialization and infrastructure development, agricultural expansion, global water scarcity concerns, energy efficiency focus, government initiatives, and regulations
The axial flow pump market size is expected to see strong growth in the next few years. It will grow to “$43.06 billion in 2029 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to renewable energy integration, rising focus on sustainable agriculture, water infrastructure investments, smart cities development, and climate change adaptation. Major trends in the forecast period include digitalization and IoT integration, technological advancements, competitive landscape, environmental considerations, and material innovations.
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What are the major drivers contributing to the growth of the axial flow pump market?
The rising demand for freshwater is significantly contributing to the growth of the axial flow pump market going forward. Axial flow pumps are used in moving or pumping large volumes of liquid in less time from freshwater sources such as rivers, lakes, and wells to treatment plants, irrigation, flood control, and drainage applications at high pressure or the lifting of fluid over a large vertical distance in lesser time by minimizing the turbulence. For instance, in 2023, according to a report published by the Guardian a UK-based daily newspaper company, the demand for freshwater is anticipated to surpass supply by 40% by the end of 2030. Therefore, the rising demand for freshwater will drive the axial flow pump market.
What are the major market segments driving the growth of the axial flow pump industry?
The axial flow pump market covered in this report is segmented –
1) By Product Type: Horizontal, Vertical
2) By Application: Water Treatment, Irrigation, Evaporators, Other Applications
3) By End-User: Chemical, Municipal, Pulp And Paper, Agriculture, Food And Beverage, Other End-Users
Subsegments:
1) By Horizontal Axial Flow Pumps: Single Stage, Multi-Stage
2) By Vertical Axial Flow Pumps: In-Line Vertical Pumps, Submersible Vertical Pumps
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What are the most notable trends influencing investment in the axial flow pump sector?
Technological innovation is the key trend gaining popularity in the axial flow pump market. Major companies operating in the axial flow pump market are focusing on developing new axial flow pump offerings with more corrosion resistance and durability. For instance, in November 2023, Baker Hughes Company, a US-based axial flow pump and energy technology company, launched the PythonPipe portfolio, the most recent advancement in reinforced thermoplastic pipe (RTP) technology, allowing for speedier installation, a shorter time to first production, and fewer lifecycle emissions. The PythonPipe portfolio includes American Petroleum Institute 15s-certified, flexible, and non-metallic RTP with many sizes, materials, and liner choices, offering up to a 60% decrease in installation time and at a fifth the cost of comparable steel installation. PythonPipe offers both efficient and sustainable processes by achieving up to a 75% decrease in carbon emissions during its lifespan, up to an 80% reduction in maintenance expenses, and up to a 60% reduction in manpower required.
Who are the key market players contributing to the growth of the axial flow pump industry?
Major companies operating in the axial flow pump market include Ebara Corporation, Flowserve Corporation, Grundfos Holding A/S, Hitachi Industrial Products Ltd., ITT Goulds Pumps, Pentair PLC, Sulzer Ltd., The Weir Group PLC, Xylem Inc., Franklin Electric Co. Inc., Kubota Group, Torishima Pump Manufacturing Co Ltd., Hayward Tyler, Peerless Pump Company, KSB SE & Co. KGaA, Sintech Precision Products Ltd., Moving Water Industries, Holland Pump Company, Patterson Pump Company, Emile Egger & Cie SA, Flowmore Limited, Huayang Intelligent Pumps, Ruthman Companies, Hebei Zidong Pump Industry Co.Ltd, Thomas & Associates, Brehnor Pumps (Pty) Ltd., PumpWrxs & Controls, JeffPro Fluid Solutions — Pumps and Packaged Pump Systems, Handol Pumps Limited, Shanghai Pacific Pump Manufacture (Group) Co.Ltd., Bellflo Engineering Corporation Pte. Ltd., Jiangsu Suhua Pump Co. Ltd., Liancheng Group
Which regions are leading the growth of the axial flow pump market globally?
Asia-Pacific was the largest region in the axial flow pump market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global axial flow pump market report during the forecast period. The regions covered in the axial flow pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
How Can Companies Use The Axial Flow Pump Market Report to Drive Business Results?
This report provides actionable insights tailored for business use — not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
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