Redding, California - July 11, 2024
Archimedean Screw Pumps Market to be Worth $0.28 Billion by 2031
Archimedean Screw Pumps Market Size, Share, Forecast, & Trends Analysis by Type (Enclosed Screw Pumps, Open Screw Pumps), Application (Sewage Treatment, Irrigation, Industrial Applications, Stormwater Management, Drainage, Power Generation), and Geography - Global Forecast to 2031
Meticulous Research®—leading global market research company, published a research report titled, ‘Archimedean Screw Pumps Market by Type (Enclosed Screw Pumps, Open Screw Pumps), Application (Sewage Treatment, Irrigation, Industrial Applications, Stormwater Management, Drainage, Power Generation), and Geography - Global Forecast to 2031.’
According to this latest publication from Meticulous Research®, the archimedean screw pumps market is projected to reach $0.28 billion by 2031, at a CAGR of 2.7% from 2024 to 2031. The growth of the Archimedean screw pumps market is driven by the growing adoption of Archimedean screw pumps in industrial applications and the increasing utilization of Archimedean screw pumps in sewage treatment. However, the high installation, maintenance, and operating costs of Archimedean screw pumps restrain the growth of this market.
Furthermore, the growing demand for Archimedean screw pumps in stormwater management and power generation is expected to generate growth opportunities for the players operating in this market. However, the high cost burden of Archimedean screw pumps for small-scale businesses is a major challenge for market growth.
Additionally, the growing demand for renewable energy and technological advancements in Archimedean screw pumps are the latest trends in the Archimedean screw pumps market.
The Archimedean screw pumps market is segmented by type (open screw pumps [concrete troughs and steel trough liners] and enclosed screw pumps), application (sewage treatment, irrigation, power generation, stormwater management, drainage, industrial applications, and other applications), and geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.
Based on type, the Archimedean screw pumps market is segmented into enclosed screw pumps and open screw pumps. In 2024, the open screw pumps segment is expected to account for the larger share of over 62.0% of the Archimedean screw pumps market. The large market share of this segment is attributed to the increasing adoption of open screw pumps for their higher pumping capacities, high efficiency, and minimal maintenance requirements.
Moreover, the open screw pumps segment is projected to register the higher CAGR during the forecast period due to the benefits offered by open screw pumps, such as variable pumping capacity without the need for unique controls, non-clogging architecture, and no pre-screening requirements.
Based on application, the Archimedean screw pumps market is segmented into sewage treatment, irrigation, industrial applications, power generation, stormwater management, drainage, and other applications. In 2024, the sewage treatment segment is expected to account for the largest share of over 24.0% of the Archimedean screw pumps market. The large market share of this segment is attributed to the increasing demand for Archimedean screw pumps due to their simple design, low maintenance, and efficient operation, and the increasing use of Archimedean screw pumps to lift large quantities of sewage.
Also, the sewage treatment segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the benefits of Archimedean screw pumps in sewage treatment, such as handling a wide range of flow rates, suitability for transporting varying volumes of wastewater, handling liquids with high solid content, such as raw sewage, without clogging easily, and consuming a relatively lower amount of energy compared to other types of pumps.
Based on geography, the Archimedean screw pumps market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of over 47.0% of the Archimedean screw pumps market. Asia-Pacific’s significant market share is attributed to the increasingly stringent water & wastewater discharge regulations, growing demand for sustainable water management practices, and rising need for pumping solutions for hydropower generation in the region, and the increasing installations of Archimedean screw pumps in China, Japan, India, and South Korea.
Moreover, APAC is also projected to register the highest CAGR of over 3.5% during the forecast period. The growth of this regional market is driven by the rising adoption of Archimedean screw pumps in industrial wastewater treatment plants, the increasing use of Archimedean screw pumps for agricultural irrigation, growing government focus on the development of custom Archimedean screw pumps and sustainable water management practices and increasing industrialization across the region.
Key Players
The key players operating in the Archimedean screw pumps market are Spaans Babcock BV (Netherlands), WAMGROUP S.p.A. (Italy), Rehart GmbH (Germany), VANDEZANDE BV (Netherlands), Jash Engineering Limited (India), Landustrie Sneek BV (Netherlands), KUHN GmbH Technische Anlagen (Germany), Lakeside Equipment Corporation (U.S.), Adasfa Sdn. Bhd. (Malaysia), Lektratek Water Technology (South Africa), PRO-Equipment, Inc. (U.S.), and Parkson Corporation (U.S.).
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5610
Key Questions Answered in the Report:
- Which are the high-growth market segments in terms of type and application?
- What is the historical market size for Archimedean screw pumps across the globe?
- What are the market forecasts and estimates for 2024–2031?
- What are the major drivers, restraints, opportunities, challenges, and trends in the Archimedean screw pumps market?
- Who are the major players in the Archimedean screw pumps market, and what are their market shares?
- What is the competitive landscape like?
- What are the recent developments in the Archimedean screw pumps market?
- What are the growth strategies adopted by major market players?
- What are the geographic trends, and which are the high-growth countries?
- Who are the local emerging players in the Archimedean screw pumps market, and how do they compete with the other players?
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
