Radial Flow Pump Market is segmented By Product Type (Single-Stage Radial Flow Pumps, Multi-Stage Radial Flow Pumps), By End Use (Agriculture, Constru....
Market Size in USD
CAGR3.63%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 3.63% |
Market Concentration | High |
Major Players | KSB SE & Co. KGaA, NEC Air Compressors, EGGER, HIFUNI PUMPS PVT. LTD., Ganga Pumps |
The radial flow pump market is estimated to be valued at USD 26.01 Bn in 2024 and is expected to reach USD 33.38 Bn by 2031, growing at a compound annual growth rate (CAGR) of 3.63% from 2024 to 2031. Rising energy demand along with growing investments in process industries is expected to drive the radial flow pump market during the forecast period.