Centrifugal Axial Flow Pump Market Demand & Forecast 2031

Centrifugal Axial Flow Pump Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Stage (Single Stage and Multistage), Operation Type (Electric, Hydraulic, and Air Driven), Type (Vertically Suspended and Between Bearing), End User [Industrial (Water & Wastewater Treatment, Oil & Gas, Power Generation, Chemical, Food & Beverages, and Others), Residential, Commercial, and Agriculture], and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South America)

Publication Month : Dec 2025

  • Report Code : TIPRE00041489
  • Category : Manufacturing and Construction
  • Status : Published
  • No. of Pages : 200
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The centrifugal axial flow pump market size is projected to reach US$ 3.02 billion in 2024 and is expected to reach US$ 4.20 billion by 2031. The centrifugal axial flow pump market is estimated to register a CAGR of 5.05% during 2025–2031.

Centrifugal Axial Flow Pump Market Analysis

The market growth is driven by increasing demand for efficient fluid handling across industries such as water treatment, agriculture, and oil & gas. Rapid industrialization and infrastructure upgrades are boosting the need for reliable pump solutions that offer high flow rates and energy efficiency. Additionally, advancements in smart monitoring and automation reduce downtime and operational costs. Environmental regulations also push the adoption of energy-efficient axial flow pumps.

Centrifugal Axial Flow Pump Market Overview

The integration of Industry 4.0 and IIoT technologies enables real-time performance monitoring and predictive maintenance. Smart sensors and automation facilitate efficient flow control, reduced downtime, and enhanced operational reliability. These innovations support seamless data flow between pumps and control systems, optimizing fluid management in industrial, agricultural, and water treatment applications.

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Centrifugal Axial Flow Pump Market: Strategic Insights

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Centrifugal Axial Flow Pump Market Drivers and Opportunities

Market Drivers:

  • Adoption of Industrial Automation: Integration of smart sensors and automation enhances pump monitoring and control, leading to improved efficiency and reduced downtime in diverse industrial processes.
  • Demand for Energy Efficiency: Innovations in pump design and materials reduce energy consumption, meeting stringent environmental regulations and lowering operational costs.
  • Development of Infrastructure: Expansion of water supply, wastewater treatment, and agricultural projects boosts centrifugal axial flow pump installations.

Market Opportunities:

  • Climate?‍?‌‍?‍‌?‍?‌‍?‍‌ Resilience and Flood Management: The large-scale investments in flood control, stormwater management, and coastal protection projects have been driving the demand for centrifugal axial flow pumps that are capable of moving very large volumes of water at low heads for levees, pumping stations, and drainage schemes. ?
  • Desalination and Large Water Transfer Projects: The extension of seawater desalination facilities along with the establishment of long-distance raw water transfer pipelines in regions suffering from water scarcity is leading to the demand for high-capacity axial and mixed-flow centrifugal pumps that are used in intake, brine discharge, and circulating systems. ?
  • Power and Industrial Cooling Systems: The increase in thermal and nuclear generation, as well as energy-intensive process industries, has led to the need for efficient cooling-water and circulation systems in which centrifugal axial flow pumps are the best choice for dealing with high flows at moderate heads while at the same time minimizing energy consumption. ?‍?‌‍?‍‌?‍?‌‍?‍‌
Centrifugal Axial Flow Pump Market Report Segmentation Analysis

The centrifugal axial flow pump market is divided into different segments to give a clearer view of how it works, its growth potential, and the latest trends. Below is the standard segmentation approach used in industry reports:

By Type:

  • Single Stage: Single-stage centrifugal axial flow pumps are simple and effective for situations that need medium flow and pressure. Their small size and low-cost servicing make these products the best choice for water supply, irrigation, and heating and cooling systems.
  • Multistage: Multistage pumps achieve higher pressure by arranging multiple impellers in series, which makes them suitable for specialized applications such as high-pressure industrial processes, boiler feedwater systems, and water treatment plants where increased head and precise flow control are essential.

By Application:

  • Electric: Electric pumps are widely preferred for their energy efficiency and durability. They are commonly used in industrial, agricultural, and municipal water sectors, serving as the primary solution for accurate volume control and seamless integration with automation systems.
  • Hydraulic: Hydraulic pumps are best suited for applications requiring high power and variable speed. They are commonly used in sectors like mining and heavy machinery, where efficient energy conversion from hydraulic systems to fluid flow ensures optimal performance.
  • Air Driven: Air-driven pumps use compressed air as their power source, making them an excellent choice for hazardous or explosive environments where electric motors pose safety risks. They provide a safe and versatile pumping solution in such conditions.

By Type:

  • Vertically Suspended
  • Between Bearing

By End User:

  • Industrial (Water & Wastewater Treatment, Oil & Gas, Power Generation, Chemical, Food & Beverages, Others)
  • Residential
  • Commercial
  • Agriculture

By Geography:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Market Report Scope

Centrifugal Axial Flow Pump Market Share Analysis by Geography

Asia Pacific is the largest regional market for centrifugal axial flow pumps and also the fastest-growing. Growth in this region is primarily driven by industrialization, increasing population, and substantial investments in infrastructure by China, India, and Southeast Asia. There is a strong demand for large capacity axial pumps to carry out intake, transfer, and flood control operations because of the extensive investments being made in municipal water supply, sewage networks, and wastewater treatment plants. Besides that, the growing irrigation canals and water-conservancy projects for rice, sugarcane, and other water-intensive crops are significantly increasing the adoption, predominantly in China and ?‍?‌‍?‍‌?‍?‌‍?‍‌India.

Below is a summary of market share and trends by region:

1. North America

  • Market Share: The?‍?‌‍?‍‌?‍?‌‍?‍‌ US contributes significantly to the market share.
  • Key Drivers:
    • Improvements in municipal water, wastewater, and flood-control systems.
    • Well-developed process industries and reliable water and wastewater infrastructure.
    • A robust oil & gas, chemical, and power sectors that need high-flow, energy?efficient pumps.
  • Trends: Gradual move to IIoT?enabled pumps, predictive maintenance, and stricter efficiency standards to comply with more stringent environmental ?‍?‌‍?‍‌?‍?‌‍?‍‌regulations.

2. Europe

  • Market Share: Germany contributes significantly to the market share owing to the rise in demand for centrifugal pumps owing to heavy industrialization and spending on flood, desalination projects.
  • Key Drivers:
    • Regulatory compliance is the main driver for energy-efficient, low-emission pumping solutions in the water, chemical, and power sectors.
    • Heavy industrialization and stringent environmental and efficiency regulations in countries such as Germany, France, Italy, and the UK.
    • Spending on flood management, desalination, and heating networks.
  • Trends: The replacement of the aged plants with advanced, variable-speed axial and centrifugal pumps, along with a strong focus on optimizing the lifecycle costs?‍?‌‍?‍‌.

3. Asia Pacific

  • Market Share: China, India, Japan, and Southeast Asia are the main investors, driving heavy industrialization and focusing on urban water infrastructure.
  • Key Drivers:
    • Large-scale expansion of municipal water supply, irrigation, and wastewater treatment projects.
    • Development of power generation, chemicals, and mining sectors that require large?capacity axial flow units.
  • Trends: Expansion of local manufacturing, government infrastructure programs, and the growing use of smart control systems for large pumping stations.

4. Middle East & Africa

  • Market Share: The region has a developing market, strongly supported by the GCC countries and major African economies that are investing in water management and energy projects.?
  • Key Drivers:
    • Extensive desalination, district cooling, and flood-control projects.
    • Oil & gas and petrochemical projects that require high?volume circulation and cooling pumps.
  • Trends: Developments in corrosion?resistant, high-reliability pumps for harsh environments and PPP-backed water and wastewater infrastructure. ?‍?‌‍?‍‌?‍?‌

5. South America

  • Market Share: A moderately sized but growing market primarily dominated by Brazil, Argentina, and Chile, which have robust agriculture, mining, and hydroelectric sectors.
  • Key Drivers:
    • Investments in irrigation networks, hydropower plants, and urban water projects.
    • Industries consuming process materials such as pulp and paper, chemicals, and mining require efficient slurry and water handling.
  • Trends: Replacement of outdated pumping stations with modern ones, greater emphasis on energy savings, and gradual implementation of automated monitoring and control ?‍?‌‍?‍‌?‍?‌‍?‍‌systems.
Centrifugal Axial Flow Pump Market Players Density: Understanding Its Impact on Business Dynamics

Medium Market Density and Competition

Competition is strong due to the presence of established players such as Ebara Corp, Kirloskar Brothers Limited (KBL), Parker-Hannifin Corp, Grundfos Holding A/S, and Xylem Inc. Regional and niche players are also adding to the competitive landscape across different regions.

This high level of competition urges companies to stand out by offering:

  • Advanced axial flow pump features.
  • Value-added connectivity and integration services.
  • Flexible and cost-effective pricing models.
  • Comprehensive customer support and solution customization.

Opportunities and Strategic Moves

  • ‌‍?Pump manufacturers are deepening relationships with automation suppliers, EPC contractors, and industrial OEMs to maintain compatibility with digital control systems and SCADA platforms, thus facilitating their use in water, power, and process ?‍?‌‍?‍‌?‍?‌‍?‍‌industries. ?
  • Leading vendors are introducing modular, skid-mounted, and configurable pump packages, combining pumps, drives, controls, and condition?monitoring modules, which can be rapidly scaled or customized to different heads, flow rates, and site layouts, reducing engineering time and installation costs.

Disclaimer: The companies listed above are not ranked in any particular order.

Companies analyzed during the course of research:
  1. Xylem Inc.
  2. Sulzer Ltd
  3. The Weir Group PLC
  4. Gorman-Rupp Company (Gorman-Rupp Pumps)
  5. Grundfos Holding A/S
  6. C.R.I. Pumps Private Limited
  7. Parker Hannifin Corporation
  8. Denwell Fluid Controls
  9. Kirloskar Brothers Limited (KBL)
  10. Ebara Corporation
Centrifugal Axial Flow Pump Market News and Recent Developments
  • Grundfos Holding A/S Announces Expansion of Facilities in Texas: In August 2025, Grundfos, a global leader in advanced water technology and pump solutions, announced an expansion of its facilities in Brookshire, Texas. Marking the culmination of years of planning, this new, state-of-the-art production facility represents a significant expansion of the current facility.
  • Kirloskar Brothers Limited Launched Vertical Inline Long Coupled “KW-LC” Pumps: In October 2025, Kirloskar Brothers Limited (KBL) recently launched its latest product, the Vertical Inline Long Coupled “KW-LC” Pumps, expanding its ever-growing portfolio in the heating, ventilation, and air-conditioning (HVAC) segment. The KW-LC pump is a space-saving, vertical, long-coupled design that simplifies piping and has a compact structure. Moreover, the KW-LC pump is a vertical inline pump with axial flow characteristics
Centrifugal Axial Flow Pump Market Report Coverage and Deliverables

The "Centrifugal Axial Flow Pump Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

  • Centrifugal axial flow pump market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
  • Centrifugal axial flow pump market trends, as well as market dynamics such as drivers, restraints, and key opportunities.
  • Detailed PEST and SWOT analysis.
  • Centrifugal axial flow pump market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the centrifugal axial flow pump market.
  • Detailed company profiles.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What is the current size of the global centrifugal axial flow pump market?

As of 2024, the global centrifugal axial flow pump market is valued at approximately USD 3.02 billion. It is projected to reach USD 4.20 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.05% during the forecast period from 2025 to 2031.

What are the key factors driving growth in the centrifugal axial flow pump market?

The market is primarily driven by:
1. Rising Investments in Water and Wastewater Infrastructure
2. Growing Adoption in Irrigation, Flood Control, and Drainage Projects
3. Increasing Demand for Energy‑Efficient, High‑Flow Pumping Solutions

Which type segment is gaining traction in the centrifugal axial flow pump market?

The vertically suspended segment is gaining significant traction in the centrifugal axial flow pump market due to growing demand from various industries.

Which are the various end users in the centrifugal axial flow pump market?

Key end users utilizing centrifugal axial flow pump include:
1. Water and Wastewater Treatment
2. Oil and Gas
3. Power Generation
4. Chemical
5. Food and Beverages
6. Others
7. Commercial
8. Residential
9. Agriculture

Which regions are leading in the adoption of the centrifugal axial flow pump?

As of 2025:
1. North America: North America shows strong uptake, supported by large-scale upgrades of municipal water and wastewater systems, flood-control projects, and process industries that prioritize high‑efficiency, large‑volume pumping solutions.
2. Europe: Europe is another key adopter, where stringent environmental rules, aging infrastructure replacement, and a focus on energy‑efficient water and wastewater management sustain steady demand for advanced centrifugal axial flow pumps.
3. Asia Pacific: Asia Pacific is the leading region for centrifugal axial flow pump adoption, driven by rapid urbanization, irrigation expansion, and massive investments in water, wastewater, and power infrastructure, particularly in China and India.

What are the challenges faced by the centrifugal axial flow pump market?

Challenges include:
High Capital and Operating Costs for Large-Scale Installations:
The notable upfront investment, energy consumption, and the requirement for a maintenance that is quite specialized for a high‑capacity centrifugal axial flow pump will probably limit the expansion of the market, particularly in the case of municipalities with a tight budget and small industrial operators

Which leading companies are in the centrifugal axial flow pump market?

Major players include Xylem Inc., Sulzer Ltd., The Weir Group PLC, Gorman-Rupp Company (Gorman-Rupp Pumps), Grundfos Holding A/S, C.R.I. Pumps Private Limited, Parker Hannifin Corporation, Denwell Fluid Controls, Kirloskar Brothers Limited (KBL), and Ebara Corporation

The List of Companies - Centrifugal Axial Flow Pump Market

  1. Xylem Inc.
  2. Ebara Corp
  3. Grundfos Holding AS
  4. Parker Hannifin Corp
  5. Fives SAS
  6. Sulzer Ltd
  7. Atlas Copco AB
  8. The Weir Group PLC
  9. Gorman-Rupp Pumps
  10. Kirloskar Brothers Limited (KBL)
  11. KSB Limited

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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