Exploring Middle East & North Africa Water Pumps Market Opportunity, Latest Trends, Demand, and Development By 2027- MarkNtel Advisors
According to Markntel Advisors Report, Middle East & North Africa Water Pumps Market is expected to grow at a significant growth rate, and the analysis period is 2022-2027, considering the base year as 2022. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
A water pump is a device that moves water by mechanical action, typically converted
from electrical energy into hydraulic energy.
Alternatively, a Water pump is a hydraulic machine used to raise,
compressor transfer fluids. One of the most vital applications of the water
pump is in the circulation of fluids. Water pumps find applications in almost
all industries including residential and agriculture sectors. Centrifugal water
pumps and positive displacement water pumps are the two major types of water
pumps.
Middle East & North Africa
Water Pumps Market Research Report & Summary:
The Middle East & North Africa (MENA) Water Pumps Market is projected to grow at a CAGR of around 3.81% during the forecast
period, i.e., 2022-27, says MarkNtel
Advisors
Time Period
Captured in the Report:
·
Historical
Years: 2017-20
·
Base
Years: 2021
·
Forecast
Years: 2022-27
Who are the Key Players Operating in the Middle
East & North Africa Water Pumps Market?
The top
companies of the Middle East & North Africa Water Pumps Market ruling
the industry are:
Flowserve Corporation,
Sulzer Limited, IDEX, Dover, Ebara, SPX Flow, Kirloskar Brothers Limited (KBL),
Grundfos, Xylem Inc, KSB Group, Wilo ITT Inc., Torishima Pump MFG. Co. LTD.
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The Middle East & North Africa Water Pumps
Market explores the industry by emphasizing the growth parameters and
categorizes including geographical segmentation, to offer a comprehensive
understanding of the market dynamic. The
further bifurcations are as follows:
-By Type
-Centrifugal Pumps
-Overhung Pumps
-Vertical Inline
-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
-Positive Displacement
-Diaphragm Pumps
-Piston Pumps
-Gear Pumps
-Lobe Pumps
-Progressive Cavity Pumps
-Screw Pumps
-Vane Pumps
-Peristaltic Pumps
-By End User
-Oil & Gas
-Power Generation
-Residential
-Agriculture & Irrigation
-Commercial Building
-HVAC
-Fire
-Chemicals
-Water & Wastewater
-Food & Beverage
-Others
-By Country
-UAE
-Saudi Arabia
-Turkey
-Qatar
-Oman
-Egypt
-Israel
-Iraq
-Algeria
-Morocco
-Rest of Middle East & North Africa
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Market Dynamics
Key Drivers: Rising
Installation of Waste Water Treatment Plants in the MENA Region
The
warming temperature of the MENA region has caused the water crisis scenario in
various countries such as Saudi Arabia, Oman, Kuwait, etc., and they have also
reported temperatures above 50 degrees Celsius in recent years. Consequently,
the rising water crisis circumstances have created the need for recycling waste
water for further usage like irrigation facilities for agricultural lands.
Significantly, the implementation of waste water treatment plants has been done
in the MENA region over the last few years in order to combat the water
scarcity situation. Thus, owing to the factors aforementioned, the market of
water pumps in the MENA region witnessed significant growth in the historical
years.
In
addition, the rising construction projects of waste water treatment plants in
the MENA region have fuelled the demand for water pumps like centrifugal pumps
in recent years. Moreover, the burgeoning investments for the establishment of
waste water treatment plants have also amplified the sale of water pumps in
recent years. For example,
·
In 2019, Salalah Sanitary
Drainage Services Company has secured the contract for construction and
operation as well as delivery of the sewerage network in the Sahlanoot area in
Salalah, Oman for approx. USD117.3 Million
·
In 2019, the Algerian
government announced to invest near about USD0.03 Billion for the construction
of a waste water treatment plant in the town of Béchar, Alegria. The project is
expected to be completed by 2023.
·
In 2020, the government of Oman
announced to invest about USD7 Billion for waste water treatment majorly
focused on the implementation of waste water treatment plants.
Therefore,
the massive investments for the installation of waste water treatment plants
would positively impact the growth of the MENA water pumps market in the
forthcoming years.
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