Quick Overview of the Middle East & North Africa (MENA) Centrifugal Water Pumps Market Analysis
The objective of the Middle East & North Africa (MENA) Centrifugal Water Pumps Market Research Report is to provide a detailed and useful data, and a geographical perspective for predictions of future. The recommendations included in the report are supposed to be insightful and actionable, offering a thorough understanding of the industry. Moreover, it includes a comprehensive table of contents, relevant data, and an analysis of numerous important aspects that have impacted the market.
According to the latest report analysis by MarkNtel Advisors, 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. This detailed study provides a detailed overview of the current market state, including market trends, opportunities, along with the recent developments. In-depth analysis of market share, size, forecast, and competitive landscape is also covered in this report that presents a clear picture of the industry with relevant statistical data.
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Latest Trend Contributing in the Middle East & North Africa (MENA) Centrifugal Water Pumps Industry:
Middle East & North Africa (MENA) 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.
Middle East & North Africa (MENA) Centrifugal Water Pumps Industry Recent Development:
- 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.
- 2023: Kirloskar Brothers Limited (KBL) has launched a new avatar of the “Lifter” series, that are particularly made for shallow pumps, having a strong performance with high suction lift and energy efficiency.
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A Detailed Outlook of Middle East & North Africa (MENA) Centrifugal Water Pumps Market Segmentation
The Market Segmentation analysis provides and accurate data of the industry to help the analysts make smart strategic investment decisions. Also, the prediction of the market is included for national, and level in the research. The study analyses latest trends of the industry from 2024-30 for each of the category. Different segments were used to classify the market for this study are listed below:
-By Type
- Overhung Pumps- Market Size & Forecast 2019-2030, USD Million
- Split Case Pumps- Market Size & Forecast 2019-2030, USD Million
- Vertical Pumps- Market Size & Forecast 2019-2030, USD Million
- Submersible Pumps- 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
- Agriculture and Irrigation- Market Size & Forecast 2019-2030, USD Million
Geographical Analysis:
-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)
From all of these, Saudi Arabia is expected to remain a prevailing market for Centrifugal Water Pumps during the forecast period. Saudi Arabia’s centrifugal water pumps industry is driven by huge investments in the establishment of new businesses and industrial hubs, with the aim of economic diversification and rapid economic growth. For the efficient functioning of businesses and development projects, proper water supply is essential, for which investments are increasing in water and wastewater projects. Along with it, the country has a large number of oil & gas reserves, where various multistage pumping applications fuel the demand for centrifugal pumps.
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Lead the Middle East & North Africa (MENA) Centrifugal Water Pumps Market with a Deep Evaluation of the Competition
This report also includes accurate facts, figures, and market data into income assessments, and projections in the industry by using a wide range of statistical tools and knowledge about the market by the experts. Each notable market participant has a SWOT evaluation, a profile and a complementary Porter’s Five Forces analysis.
Moreover, to take the benefits of new opportunities, dominating players have been constantly realigning their systems, and methods of operation. We also evaluate major businesses that are influences on a geographical scale along with the small and medium-sized businesses that plays crucial role and have substantial opportunity for expansion in order to accurately reflect the levels of market competition.
The details on the following key players is presented in this section as:
- 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.
- Others
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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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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