• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    Axial Flow Pump Market

    ID: MRFR/IA - E/21434-HCR
    100 Pages
    Sakshi Gupta
    September 2025

    Axial Flow Pump Market Research Report By Capacity (Low (up to 20,000 GPM), Medium (20,000 to 100,000 GPM), High (over 100,000 GPM)), By Discharge Pressure (Low (up to 100 psi), Medium (100 to 500 psi), High (over 500 psi)), By Application (Water and Wastewater Treatment, Power Generation, Oil and Gas Production, HVAC Systems, Industrial Process Applications), By Materials of Construction (Cast Iron, Stainless Steel, Bronze, Ductile Iron, Composite Materials), By Efficiency (Standard Efficiency, High Efficiency, Ultra-High Efficiency) and By...

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Axial Flow Pump Market Research Report—Forecast till 2034 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    Axial Flow Pump Market Summary

    The Global Axial Flow Pump Market is projected to grow from 13.7 USD Billion in 2024 to 22.8 USD Billion by 2035.

    Key Market Trends & Highlights

    Axial Flow Pump Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate (CAGR) of 4.72 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 22.8 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 13.7 USD Billion, reflecting a solid foundation for future expansion.
    • Growing adoption of axial flow pumps due to increasing demand for efficient water management systems is a major market driver.

    Market Size & Forecast

    2024 Market Size 13.7 (USD Billion)
    2035 Market Size 22.8 (USD Billion)
    CAGR (2025-2035) 4.72%

    Major Players

    KSB SE; Co. KGaA, Sulzer Ltd., WILO SE, Seepex, Sterling SIHI, ABS Pumps, ITT INC., CRI Group, Ebara Corporation, Floway Pump, Weir Group PLC, Desmi, Lenntech B.V., Grundfos Holding A/S, Sulzer Pumps Ltd., CNP Pumps

    Axial Flow Pump Market Trends

    Key market drivers include the increasing demand for energy-efficient pumping solutions, the growing adoption of axial flow pumps in water treatment and wastewater applications, and the rising demand for these pumps in the power generation industry. Opportunities to be explored or captured encompass the development of new materials and designs to enhance pump efficiency, the expansion into emerging markets, and the integration of advanced technologies such as IoT and AI for remote monitoring and predictive maintenance.

    Recent trends in the axial flow pump market revolve around the adoption of variable speed drives (VSDs) to optimize pump performance and reduce energy consumption, the use of computational fluid dynamics (CFD) to improve pump design and efficiency, and the focus on sustainable and environmentally friendly pumping solutions. These trends are expected to continue shaping the market in the coming years, driving innovation and growth.

    The ongoing advancements in axial flow pump technology appear to enhance efficiency and reliability, potentially driving increased adoption across various industrial applications.

    U.S. Department of Energy

    Axial Flow Pump Market Drivers

    Market Growth Projections

    The Global Axial Flow Pump Market Industry is projected to experience robust growth in the coming years. With a market size expected to reach 13.7 USD Billion in 2024 and further expand to 22.8 USD Billion by 2035, the industry is on a promising trajectory. The compound annual growth rate of 4.72% from 2025 to 2035 indicates a strong demand for axial flow pumps across various sectors. This growth is driven by factors such as increased industrial applications, technological advancements, and a focus on sustainability. The market's expansion reflects the critical role of axial flow pumps in modern infrastructure and industrial processes.

    Growth in Industrial Applications

    The Global Axial Flow Pump Market Industry is witnessing substantial growth in industrial applications, particularly in sectors such as power generation, chemical processing, and wastewater treatment. Axial flow pumps are favored for their ability to handle large volumes of fluids with minimal energy consumption. Industries are increasingly adopting these pumps to enhance operational efficiency and reduce costs. For example, power plants utilize axial flow pumps for cooling water circulation, which is critical for maintaining optimal operational conditions. This industrial demand is expected to contribute significantly to the market's expansion, with projections indicating a market size of 22.8 USD Billion by 2035.

    Technological Advancements in Pump Design

    Technological advancements in pump design are significantly influencing the Global Axial Flow Pump Market Industry. Innovations such as improved impeller designs and advanced materials are enhancing the performance and durability of axial flow pumps. These developments allow for better efficiency and reduced maintenance costs, making them more appealing to end-users. Furthermore, the integration of smart technologies, such as IoT capabilities, is enabling real-time monitoring and predictive maintenance, which can lead to operational savings. As these technologies become more prevalent, they are likely to drive market growth and adoption rates across various sectors.

    Rising Demand for Water Management Solutions

    The Global Axial Flow Pump Market Industry is experiencing heightened demand for efficient water management solutions. This trend is driven by increasing urbanization and the need for sustainable water supply systems. For instance, cities are investing in infrastructure to manage water resources effectively, which includes the deployment of axial flow pumps. These pumps are particularly suited for applications requiring high flow rates and low head, making them ideal for irrigation and drainage systems. As a result, the market is projected to reach 13.7 USD Billion in 2024, reflecting a robust growth trajectory as municipalities prioritize water management.

    Increased Investment in Infrastructure Development

    The Global Axial Flow Pump Market Industry is benefiting from increased investment in infrastructure development globally. Governments are allocating substantial budgets for upgrading and expanding water supply and wastewater management systems. This investment is crucial for accommodating growing populations and urban expansion. Axial flow pumps play a vital role in these systems due to their efficiency in transporting large volumes of water. As infrastructure projects are initiated, the demand for axial flow pumps is anticipated to rise, contributing to a compound annual growth rate of 4.72% from 2025 to 2035, reflecting the market's positive outlook.

    Environmental Regulations and Sustainability Initiatives

    The Global Axial Flow Pump Market Industry is increasingly shaped by stringent environmental regulations and sustainability initiatives. Governments worldwide are implementing policies aimed at reducing energy consumption and minimizing environmental impact. Axial flow pumps, known for their energy efficiency and lower carbon footprint, are becoming a preferred choice in various applications. For instance, wastewater treatment facilities are adopting these pumps to comply with regulations while optimizing energy use. This shift towards sustainable practices is expected to bolster the market, as industries seek to align with regulatory requirements and enhance their environmental stewardship.

    Market Segment Insights

    Axial Flow Pump Market Capacity Insights

    The three segments of the Axial Flow Pump Market are defined based on the capacity of the relevant pumps. Accordingly, the market is segmented into low, medium, and high-capacity pumps. In 2023, the medium-capacity-based segment had the largest share in the Axial Flow Pump Market, representing nearly 50% of the market revenue. This is because medium-capacity pumps are used in high-demand industries, such as water and waste treatment, power, and oil and gas. In terms of capacity range, medium pumps are classified as pumps processing between 20,000 and 100,000 GPM.

    The high-capacity-based segment is expected to have the highest rate of growth during the forecast period. The rise is tied to the development of large infrastructure projects, including major irrigation schemes and flood prevention systems. Overall, the high-capacity market for axial flow pumps is projected to be more than $4.5 billion in 2023 and over $7 billion in 2032. 

    The growth rate of the low-capacity segment will be slower. Revenues generated by the capacity-based segment at the start of the forecast period are estimated at $2-$3 billion, due to which the low and medium-capacity pumps are expected to generate roughly equal amounts of revenue. Low pumps are used in smaller applications, such as residential and agricultural ones. At the start of the forecast period, low-capacity pumps will contribute about 25% to the Axial Flow Pump Market data.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Axial Flow Pump Market Discharge Pressure Insights

    For many reasons, the modern world cannot be imagined without axial flow pumps. The Axial Flow Pump Market is expanding, and such prospects should contribute to new investments. Three types of discharge pressure can be distinguished: low up to 100 psi, medium from 100 to 500 psi, and high over 500 psi. The low discharge pressure segment occupied the leading position by revenue share in 2023, comprising more than 45% of the Axial Flow Pump Market. 

    Further, the medium discharge pressure segment is expected to increase at the highest CAGR during the forecast period, driven by the rapid growth of the industrial sector. Finally, the high discharge pressure segment is expected to grow at a moderate pace due to the specific Application of this equipment in a limited number of industries. In any case, the market of all segments is projected to increase owing to the increasing Application of axial flow pumps in the end-use industries, such as water and wastewater treatment, oil and gas, and power generation.

    Axial Flow Pump Market Application Insights

    The Axial Flow Pump Market segmentation by Application is expected to be dominated by the Water and Wastewater Treatment segment in 2023, accounting for a market share of around 29.4%. This dominance is attributed to the increasing demand for efficient and reliable water and wastewater treatment solutions to meet the growing population and urbanization. The Power Generation segment is estimated to hold a significant market share, driven by the rising need for electricity generation from renewable energy sources such as hydropower and wind power.

    The Oil and Gas Production segment is anticipated to witness steady growth due to the increasing exploration and production activities in both onshore and offshore fields. The HVAC Systems segment is projected to experience considerable demand, owing to the growing construction industry and the increasing adoption of energy-efficient HVAC systems. The Industrial Process Applications segment is expected to exhibit promising growth prospects, fueled by the expanding manufacturing and processing industries across various sectors.

    Axial Flow Pump Market Materials of Construction Insights

    The Materials of Construction segment plays a pivotal role in determining the performance, durability, and cost-effectiveness of axial flow pumps. Among the commonly used materials, cast iron stands out as the most widely adopted option. Its affordability, ease of casting, and inherent strength make it suitable for various industrial applications. Stainless steel, known for its corrosion resistance and ability to withstand extreme temperatures, finds its niche in applications involving corrosive fluids or harsh environments. Bronze, with its excellent wear resistance and seawater compatibility, is preferred for marine applications. 

    Ductile iron, a nodular form of cast iron, offers enhanced strength and flexibility, making it ideal for high-pressure and heavy-duty applications. Composite materials, such as fiberglass-reinforced polymers, are gaining traction due to their lightweight, corrosion resistance, and ability to reduce noise and vibration. The Axial Flow Pump Market revenue is expected to grow significantly over the forecast period, driven by the increasing demand for these materials in various end-use industries

    Axial Flow Pump Market Efficiency Insights

    The Axial Flow Pump Market is segmented by efficiency into Standard Efficiency, High Efficiency, and Ultra-High Efficiency. The High-Efficiency segment is expected to witness significant growth over the forecast period due to increasing demand for energy-efficient pumps. The ultra-high-efficiency segment is projected to have the highest growth rate, driven by stringent government regulations and incentives for adopting energy-efficient technologies. The Axial Flow Pump Market revenue for the High-Efficiency segment is estimated to reach USD 6.5 billion by 2024, while the Ultra-High-Efficiency segment is expected to reach USD 2.8 billion by the same year.

    Get more detailed insights about Axial Flow Pump Market Research Report—Forecast till 2034

    Regional Insights

    The regional segmentation of the Axial Flow Pump Market offers valuable insights into the market's geographical distribution and growth dynamics. North America is projected to account for a significant share of the market in 2024, driven by the increasing demand for axial flow pumps in the industrial, energy, and water treatment sectors. Europe is another key region, with a mature market for axial flow pumps supported by advancements in manufacturing and infrastructure development. 

    The Asia-Pacific (APAC) region is expected to witness robust growth, primarily due to rising industrialization and urbanization in countries such as China and India. South America and the Middle East and Africa (MEA) regions are anticipated to contribute to the global market growth, driven by infrastructure development and increasing demand from various end-use industries.

    Axial Flow Pump Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    Major players in the Axial Flow Pump Market industry are focusing on expanding their global presence and increasing their market share. Leading Axial Flow Pump Market players are adopting various strategies such as mergers and acquisitions, joint ventures, and partnerships to strengthen their position in the market. Axial Flow Pump Market development is also driven by the increasing demand for energy-efficient and environmentally friendly pumps. 

    The Axial Flow Pump Market Competitive Landscape is expected to remain highly competitive in the coming years, with major players vying for market leadership. KSB SE; Co. KGaA, a leading player in the Axial Flow Pump Market, offers a wide range of axial flow pumps for various applications. The company has a strong global presence and is known for its high-quality products and innovative solutions. KSB SE; Co. KGaA is committed to providing customized solutions to meet the specific needs of its customers. 

    The company's focus on research and development has resulted in the development of cutting-edge technologies that enhance the performance and efficiency of its pumps. Sulzer Ltd., another major player in the Axial Flow Pump Market, specializes in the production of high-performance pumps for various industries. The company is known for its expertise in fluid handling and has a strong focus on sustainability. Sulzer Ltd. offers a comprehensive range of axial flow pumps that are designed to meet the specific requirements of different applications. The company's commitment to quality and innovation has made it a preferred choice for customers worldwide.

    Sulzer Ltd. continues to invest in research and development to enhance the performance and reliability of its pumps.

    Key Companies in the Axial Flow Pump Market market include

    Industry Developments

    In March 2024- ITT INC. announced an investment of USD 11.0 million to enhance pump testing facilities in Germany, India and Saudi Arabia. This money will be used to improve the company power capacity related to Torus pumping, motor and control systems testing. 

    May 2022- Xylem, a water technology company, was awarded as the “Net Zero Carbon Champion” during the 2022 Global Water Awards, highlighting the effort of the Company in accelerating the decarbonization of the water industry. 

    June 2021- Sulzer and Blue Planet have set up a strategic alliance to reduce CO2 emissions and innovate the cement sector in a sustainable manner. Sulzer allowed further development and refinement of Blue Planet's patented carbon mineralization technology for carbon capture utilization and storage (CCUS) applications. The novel approach will leverage the carbon-cutting technologies from Sulzer to lower greenhouse gas emissions from numerous industries.

    In March 2023– In a joint venture, Pentair Fairbanks Nijhuis, along with FishFlow Innovations, designed an axial pump that is proficient and ecological. The new axial pump has an astonishing 97 percent fish friendliness, with the eel being a 100 percent guarantee, a leap towards safeguarding aquatic systems.

    In February 2023 – Flowserve declared that it wanted to acquire Velan, and it would be an all-cash transaction valued at close to $245 million or (329 million Canadian dollars). This acquisition is aimed at increasing the portfolio and market coverage of Flowserve in the business of valves.

    The Axial Flow Pump Market is poised to reach a valuation of USD 21.75 Billion by 2034, expanding at a CAGR of 4.72% from 2025 to 2034. The growing demand for energy-efficient pumps in various industries, including water and wastewater treatment, power generation, and oil and gas, is driving market growth. Technological advancements, such as the development of high-efficiency impellers and improved materials, are further contributing to the market's expansion.

    Recent news developments include strategic partnerships and collaborations among key players to enhance product offerings and expand market reach. For instance, in 2023, Sulzer, a leading provider of pumps, announced a partnership with Grundfos to develop and market a new range of submersible axial flow pumps for the water and wastewater industry. Such partnerships are expected to accelerate innovation and drive market growth in the coming years.

    Future Outlook

    Axial Flow Pump Market Future Outlook

    The Axial Flow Pump Market is projected to grow at a 4.72% CAGR from 2024 to 2035, driven by increasing demand in water management and industrial applications.

    New opportunities lie in:

    • Invest in smart pump technologies to enhance efficiency and reduce operational costs.
    • Expand product lines to include eco-friendly materials and energy-efficient designs.
    • Leverage digital marketing strategies to penetrate emerging markets and increase brand visibility.

    By 2035, the Axial Flow Pump Market is expected to exhibit robust growth, reflecting evolving industry needs and technological advancements.

    Market Segmentation

    Axial Flow Pump Market Capacity Outlook

    • Low (up to 100 psi)
    • Medium (100 to 500 psi)
    • High (over 500 psi)

    Axial Flow Pump Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia-Pacific
    • Middle East and Africa

    Axial Flow Pump Market Efficiency Outlook

    • North America
    • Europe
    • South America
    • Asia-Pacific
    • Middle East and Africa

    Axial Flow Pump Market Application Outlook

    • Cast Iron
    • Stainless Steel
    • Bronze
    • Ductile Iron
    • Composite Materials

    Axial Flow Pump Market Discharge Pressure Outlook

    • Water and Wastewater Treatment
    • Power Generation
    • Oil and Gas Production
    • HVAC Systems
    • Industrial Process Applications

    Axial Flow Pump Market Materials of Construction Outlook

    • Standard Efficiency
    • High Efficiency
    • Ultra-High Efficiency

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024   13.71 (USD Billion)
    Market Size 2025   14.36 (USD Billion)
    Market Size 2034    21.75 (USD Billion)
    Compound Annual Growth Rate (CAGR)      4.72% (2025 - 2034)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2034
    Historical Data 2019 - 2023
    Market Forecast Units USD Billion
    Key Companies Profiled WILO SE ,Seepex ,Sterling SIHI ,ABS Pumps ,KSB SE Co. KGaA ,ITT INC. ,CRI Group ,Ebara Corporation ,Sulzer ,Floway Pump ,Weir Group PLC ,Desmi ,Lenntech B.V. ,Grundfos Holding A/S ,Sulzer Pumps Ltd. ,CNP Pumps
    Segments Covered Capacity, Discharge Pressure, Application, Materials of Construction, Efficiency, Regional
    Key Market Opportunities Growing demand for water pumps Increasing industrialization and urbanization Technological advancements Environmental concerns Government regulations
    Key Market Dynamics 1 Increasing energy efficiency2 Demand for high-flow applications3 Ongoing infrastructure growth4 Advancements in material technology5 Growing water scarcity
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the market size of the Global Axial Flow Pump Market?

    The global axial flow pump market is expected to reach USD 21.75 billion by 2034, at a CAGR of 4.72% from 2025 to 2034.

    Which region is the largest market for axial flow pumps?

    Asia-Pacific is the largest market for axial flow pumps, accounting for over 40% of the global market share in 2023.

    What are the key applications of axial flow pumps?

    Axial flow pumps are used in a wide range of applications, including water supply, wastewater treatment, power generation, and industrial processes.

    Who are the key competitors in the Global Axial Flow Pump Market?

    Key competitors in the global axial flow pump market include Flowserve, Sulzer, Grundfos, KSB, and Ebara.

    What are the factors driving the growth of the Axial Flow Pump Market?

    The growth of the axial flow pump market is driven by increasing demand from water and wastewater treatment plants, power plants, and industrial facilities.

    What are the challenges facing the Axial Flow Pump Market?

    Challenges facing the axial flow pump market include rising raw material costs, increasing competition, and stringent environmental regulations.

    What are the opportunities for growth in the Axial Flow Pump Market?

    Opportunities for growth in the axial flow pump market include the development of new technologies, expansion into emerging markets, and increasing demand for renewable energy sources.

    What are the key trends in the Axial Flow Pump Market?

    Key trends in the axial flow pump market include the adoption of smart pumps, the use of advanced materials, and the integration of IoT technologies.

    What is the impact of COVID-19 on the Axial Flow Pump Market?

    The COVID-19 pandemic had a negative impact on the axial flow pump market in 2020, but the market is expected to recover and grow in the coming years.

    What are the prospects for the Axial Flow Pump Market?

    The future prospects for the axial flow pump market are positive, with growth expected to be driven by increasing demand from emerging markets and the adoption of new technologies.

    Report Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials