Overview of the Middle East & North Africa (MENA) Centrifugal Water Pumps Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors, titled “Middle East & North Africa (MENA) Centrifugal Water Pumps Market By Type (Overhung Pumps, (Vertical Line, Horizontal End Suction), Split Case Pumps, (Single/Two Stage, Multi Stage), Vertical Pumps, (Turbine, (Solid Handling, Non-Solid Handling), Axial, Mixed Flow, (Submersible Pumps, (Solid Handling, Non-Solid Handling)), By Operation Type (Electrical, Hydraulic, Air- Driven), By End User (Residential, Commercial, Industrial, (Oil & Gas, Power Generation, Water & Waste Water Treatment, Mining & Metal, Others (Automotive, Textile, etc.)), Agriculture and Irrigation)), and Others, 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. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Middle East & North Africa (MENA) Centrifugal Water Pumps Market Growth and Scope:
Base Year: 2023
Forecast Period: 2024-30
Historical Data: 2019-22
CAGR (2024-2030): 5.8%
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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.
A Comprehensive Analysis of Leading Companies of Middle East & North Africa (MENA) Centrifugal Water Pumps Market by MarkNtel Advisors:
- 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 Middle East & North Africa (MENA) Centrifugal Water Pumps Market Segmentation:
-By End User
- Residential
- Commercial
- Industrial
- Agriculture and Irrigation
In recent years, the largest share of the Middle East & North Africa (MENA) Centrifugal Water Pumps Market in the End User category was taken up by industrial end users, and it is estimated that this trend will go on during the forecast period.
-By Type
- Overhung Pumps
- Split Case Pumps
- Vertical Pumps
- Submersible Pumps
Among all the mentioned types of centrifugal water pumps in the region the largest part of the Middle East & North Africa (MENA) Centrifugal Water Pumps Market was taken up by overhung pumps, and it is estimated that this trend will go on during the forecast period as well.
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/mena-centrifugal-water-pumps-market.html
-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
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.
Key Reports 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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Key Advantages of the Report by MarkNtel Advisors:
- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
- Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
- Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.
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