As per this study the Global Propeller Pump Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%.
Propeller pump or axial flow pumps is the type of centrifugal pump that push the fluid through an impeller. The pressure is created by continuous flow of fluids in a particular direction parallel to the impeller shaft. It offers high flow rate and low head but some propeller pumps can be adjusted according to the conditions. Propeller pumps are primarily used for pumping or lifting water, handling sewage, and circulation of huge quantity of fluids.
Increasing demand in power plants, sewage digesters, dewatering pits and other sewage handling applications is driving the market growth. Growing adoption in agriculture for irrigation, fisheries and drainage application is also fueling the growth of this market. However, volatile price of oil & gas may challenge the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of propeller pump.
The broad propeller pump market has been sub-grouped into product type and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product Type
- Vertical Propeller Pumps
- Horizontal Propeller Pumps
- Chemical Industry
- Petroleum Industry
- Power Plants
- Construction & Mining
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for propeller pump in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Propeller Pump Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the propeller pump market include Ebara, Flowserve, FPI Pumps, Grundfos, HOMA Pumpenfabrik, ITT Goulds Pumps, KSB, Lykkegaard A/S, Pentair, Sulzer, Tsurumi Pump, Weir Group and Xylem among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.