Archimedean Screw Pumps Market is expected to reach $274.2 million by 2030

 

Meticulous Research®, a leading global market research company, has released a comprehensive report titled, “Archimedean Screw Pumps Market by Type (Enclosed Screw Pumps, Open Screw Pumps), Application (Sewage Treatment, Irrigation, Industrial Applications, Stormwater Management, Drainage, and Power Generation), and Geography - Global Forecast to 2030.”

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According to this latest publication, the Archimedean screw pumps market is projected to reach $274.2 million by 2030, growing at a CAGR of 2.7% from 2023 to 2030. The market growth is driven by the increasing adoption of Archimedean screw pumps in industrial applications and sewage treatment. However, the high installation, maintenance, and operating costs are expected to restrain market growth. Conversely, the rising demand for Archimedean screw pumps in stormwater management and power generation presents significant growth opportunities. The high-cost burden for small-scale businesses remains a challenge. Technological advancements and the growing demand for renewable energy are key trends shaping the market.

Market Segmentation and Insights

The report segments the Archimedean screw pumps market by type and application, offering detailed insights at regional and country levels.

By Type:

Open Screw Pumps: Expected to account for the larger market share in 2023, driven by their high pumping capacities, efficiency, and minimal maintenance requirements. This segment is also projected to register the highest CAGR, thanks to benefits like variable pumping capacity and non-clogging operation.

Enclosed Screw Pumps

By Application:

Sewage Treatment: Anticipated to hold the largest market share in 2023 due to the pumps' simple design and efficiency in lifting large sewage quantities. This segment is also expected to grow at the highest CAGR, supported by the pumps' ability to handle high solid content and varying flow rates with low energy consumption.

Browse in depth: https://www.meticulousresearch.com/product/archimedean-screw-pumps-market-5610?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=11-06-2024

Irrigation, Industrial Applications, Power Generation, Stormwater Management, Drainage, other Applications

Geographical Analysis

Asia-Pacific: Expected to dominate the market in 2023, with significant contributions from China, Japan, India, and South Korea. The region's market share is attributed to strict water and wastewater discharge regulations, demand for sustainable water management, and increasing installations of Archimedean screw pumps. Asia-Pacific is also projected to have the highest CAGR due to industrial wastewater treatment needs, agricultural irrigation, and government emphasis on sustainable water practices and industrialization.

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Key Players

Leading companies in the Archimedean screw pumps market include Spaans Babcock BV (Netherlands), WAMGROUP S.p.A. (Italy), 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.).

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