Market Overview: Middle East & North Africa Centrifugal Water Pumps Market FY2024-2030
This reports provides an essential and dependable overview of the Middle East & North Africa Centrifugal Water Pumps Market, serving as a guide for stakeholders navigating the industry's future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
Middle East & North Africa Centrifugal Water Pumps Market Report Coverage Details:
- Base Year: 2023
- Historical Data: 2019-22
- Forecast Period: 2024-2030
- CAGR: 5.8% (2024-2030)
The Middle East & North Africa (MENA) Centrifugal Water Pumps Market size was valued at around USD 8.9 billion in 2023 & is estimated to reach around 12.5 billion by 2030. The market is expected to grow at a CAGR of around 5.8% during the forecast period, i.e., 2024-30.
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Middle East & North Africa Centrifugal Water Pumps Market Trend:
Growing Use of Solar Water Pumps – Various benefits of solar water pumps in line with the sustainable development goals and using energy efficient resources are in trend within the water pumps market. Some of the benefits associated with the installation of solar water pumps are no requirement for supervision & maintenance and thus eliminate the maintenance cost, reduce the consumption of diesel, good for the protection of pumps, increased life span, the possibility of higher water quantities, easy installation, and the ability to discharge water independently in isolated areas. All these benefits are well aligned with the use of renewable energy resources, strengthening water & food security, hence promoting the installation of solar pumps and growing the demand for various types of centrifugal water pumps.
Governments are promoting the installation of solar pumps, and taking advantage of low associated costs, and the presence of high solar radiation in the region. For instance,
- Egypt implemented a program of desert agriculture that involved the irrigation of 630,000 hectares with the help of solar technology.
Middle East & North Africa Centrifugal Water Pumps Market Segmentation Analysis – FY2024-2030
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Middle East & North Africa Centrifugal Water Pumps Market (2024-2030). We prioritize uncovering the pivotal factors that presently drive and will shape the industry's growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The Middle East & North Africa Centrifugal Water Pumps Market segmentation is enlisted below:
By Type
- Overhung Pumps- Market Size & Forecast 2019-2030, USD Million
- Vertical Line- Market Size & Forecast 2019-2030, USD Million
- Horizontal End Suction- Market Size & Forecast 2019-2030, USD Million
- Split Case Pumps- Market Size & Forecast 2019-2030, USD Million
- Single/Two Stage- Market Size & Forecast 2019-2030, USD Million
- Multi Stage- Market Size & Forecast 2019-2030, USD Million
- Vertical Pumps- Market Size & Forecast 2019-2030, USD Million
- Turbine- Market Size & Forecast 2019-2030, USD Million
- Solid Handling- Market Size & Forecast 2019-2030, USD Million
- Non-Solid Handling- Market Size & Forecast 2019-2030, USD Million
- Axial- Market Size & Forecast 2019-2030, USD Million
- Mixed Flow- Market Size & Forecast 2019-2030, USD Million
- Turbine- Market Size & Forecast 2019-2030, USD Million
- Submersible Pumps- Market Size & Forecast 2019-2030, USD Million
- Solid Handling- Market Size & Forecast 2019-2030, USD Million
- Non-Solid Handling- Market Size & Forecast 2019-2030, USD Million
By Operation Type
- Electrical- Market Size & Forecast 2019-2030, USD Million
- Hydraulic- Market Size & Forecast 2019-2030, USD Million
- Air- Driven- Market Size & Forecast 2019-2030, USD Million
By End User
- Residential- Market Size & Forecast 2019-2030, USD Million
- Commercial- Market Size & Forecast 2019-2030, USD Million
- Industrial- Market Size & Forecast 2019-2030, USD Million
- Oil & Gas- Market Size & Forecast 2019-2030, USD Million
- Power Generation- Market Size & Forecast 2019-2030, USD Million
- Water & Waste Water Treatment- Market Size & Forecast 2019-2030, USD Million
- Mining & Metal- Market Size & Forecast 2019-2030, USD Million
- Others (Automotive, Textile, etc.)- Market Size & Forecast 2019-2030, USD Million
- Agriculture and Irrigation- Market Size & Forecast 2019-2030, USD Million
By Country
- The UAE
- Saudi Arabia
- Turkey
- Qatar
- Oman
- Egypt
- Bahrain
- Kuwait
- Israel
- Iraq
- Algeria
- Morocco
- Rest of the Middle East and North Africa (MENA)
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Middle East & North Africa Centrifugal Water Pumps Market Competitive Landscape
PSG Dover, Ebara Corporation, Flowserve Corporation, Grundfos Gulf Distribution FZE, ITT Inc., Kirloskar Brothers Limited (KBL), KSB SE & Co. KGaA, SPX FLOW, Inc., Sulzer Management Ltd., Torishima Pump MFG. Co. LTD., Baker Hughes Company, WILO SE, Parker Hannifin Corp., Weir Group PLC, Xylem Inc., and others.
Middle East & North Africa Centrifugal Water Pumps Industry News:
- 2023: Baker Hughes Company has launched a new reinforced thermoplastic pipe technology which will reduce the time to first production, lower the lifecycle emissions, and enable quick installation.
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Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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