North America Axial and Mixed Flow Pumps Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.5 Billion by 2030, growing at a CAGR of 7.8% from 2024 to 2030.
The North America Axial and Mixed Flow Pumps market plays a crucial role in several key industries such as water treatment, oil and gas, agriculture, and power generation. These pumps are widely used for transporting fluids, offering high efficiency and reliable performance in diverse applications. From municipal water systems to industrial chemical processing, the demand for these pumps is growing due to their ability to handle both low and high-flow rates with minimal energy consumption.
Industries across North America are increasingly turning to axial and mixed flow pumps for their specific benefits. For example, in the water treatment sector, these pumps are used for large-scale irrigation systems, wastewater treatment plants, and even stormwater management. Their capacity to move significant amounts of water efficiently makes them an invaluable asset. In oil and gas, the pumps are employed in crude oil extraction and refineries, where they are needed to maintain constant flow rates and handle corrosive or abrasive fluids.
The need for energy-efficient solutions is also pushing the adoption of axial and mixed flow pumps. Companies are looking to lower operational costs while minimizing their environmental impact. These pumps are designed to operate with fewer moving parts, reducing wear and tear, which results in extended service life and fewer maintenance requirements. Their robustness in harsh operating conditions further boosts their demand, especially in industries that rely on continuous operations, like power generation.
Moreover, technological advancements in pump design, including automation and smart monitoring systems, are adding value to these products. As manufacturers strive to offer more versatile, adaptable solutions, the pumps are becoming integral components in industrial processes. Their ability to handle a variety of fluids, from water to chemicals, gives them a significant edge in the market.
The growing focus on environmental sustainability, coupled with the push for energy savings, will likely drive further innovation and demand for North America Axial and Mixed Flow Pumps Market.
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Xylem
Inc.
Franklin Electric
Sulzer Ltd.
Kubota Corporation
Pentair plc
Torishima Pump Manufacturing Co Ltd
Ebara Corporation
Weir Group PLC
Hayward Tyler
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Axial and Mixed Flow Pumps Market
Oil and Gas
Chemicals
Food and Beverage
Water and Wastewater
Power Generation
Based on Types the Market is categorized into Below types that held the largest Axial and Mixed Flow Pumps market share In 2023.
Axial Flow Pumps
Mixed Flow Pumps
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Axial and Mixed Flow Pumps Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Axial and Mixed Flow Pumps Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Axial and Mixed Flow Pumps Market, By Type
6. North America Axial and Mixed Flow Pumps Market, By Application
7. North America Axial and Mixed Flow Pumps Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Axial and Mixed Flow Pumps Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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