Middle East & North Africa (MENA) Water Pumps Market Share, Size and Competitive Landscape Report 2030
Future of Middle East & North Africa (MENA) Water Pumps Market: Key Dynamics, Size & Share Analysis
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. The surging investment in the energy and power sector would attribute to the increasing demand for water pumps in the region. Moreover, the water pump market in the Middle East & Africa has seen several highs and lows during the past couple of years. The volatility in crude prices had a significant impact on the sales of water pumps in the region. The crude prices crashed from an all-time high in Q1 2014 to a historical low in 2021, and again skyrocketed in early 2022 owing to the Russian-Ukraine military conflict.
Top Challenges Impacting the Middle East & North Africa (MENA) Water Pumps Market Growth
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.
Understanding the Core Segments in the Middle East & North Africa (MENA) Water Pumps Market
Middle East & North Africa (MENA) Water Pumps Market Size, Share & Industry Trends Analysis- By Type (Centrifugal Pumps (Overhung Pumps, Split Case Pumps, Vertical Pumps, Submersible Pumps), Positive Displacement Pumps (Diaphragm Pumps, Piston Pumps, Gear Pumps, Lobe Pumps, Progressive Cavity Pumps, Screw Pumps, Vane Pumps, Peristaltic Pumps) By End-Users (Oil & Gas, Power Generation, Residential, Agriculture & Irrigation, Commercial Building, HVAC, Fire, Chemicals, Water & Waste Water, Food & Beverages, Others).
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Geographical Analysis of the Middle East & North Africa (MENA) Water Pumps Market
- UAE
- Saudi Arabia
- Turkey
- Qatar
- Oman
- Egypt
- Israel
- Iraq
- Algeria
- Morocco
- Rest of Middle East & North Africa
Saudi Arabia water pumps registered a subdued growth during 2017-21 owing to a slowdown in construction activities.
Who Dominates the Middle East & North Africa (MENA) Water Pumps Market Insights on Key Industry Players?
Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d
- 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. and others.
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