Market Overview

In 2024, the size of the Saudi Arabian water pumps industry is forecasted to stood at USD 1,269.8 million, which is projected to attain USD 1,719.7 million by the end of the decade, growing at a CAGR of 5.2% during the projection period.

This growth of the market can be credited to the freshwater scarcity in the region, which is why wastewater should be efficiently managed and saline water treated for other uses. Thus, the increasing need for water for human, agricultural, industrial, and other aims propel the demand for these basic machines in the nation.

The kingdom has had a highly productive oil & gas industry for years, it requires water pumps for the flow control of the pipeline, cooling loops, heat treaters, cooling systems, pumping stations along with water supply and drainage systems. These pumps are especially vital in ensuring that flow of water through pipelines for the purposes of purification of oil is correct. Water pumps are extensively used where they apply in activities such as crude oil desalting and filtration within the oil and gas business.

Saudi Arabia is nearly an arid state and that is why it has always suffered from a critical scarcity for water besides being very dry. Besides, it has a constant supply of sea water as it is located in the ocean shelf region. However, the average salt level in ‘ocean water’ is 3. 5%, which means it cannot be used for food, feeds, agriculture, or industrial purposes for humans.

Key Insights

·         Dynamic is the larger category, with the centrifugal category leading the industry, griping a share of 70% in 2024.

·         Popular for compatibility and adaptability, managing water flow at different pressures efficiently.

·         Extensively utilized in water treatment, supply, and drainage procedures in the nation.

·         Positive displacement category will have the higher CAGR of 5.4% over the projection period.

·         Effective in complex conditions where centrifugal pumps lose effectiveness.

·         Capable of controlling flow rates and transferring low volumes of fluid against high pressure.

·         In 2024, water supply category grips the larger share, of 65%.

·         Propelled by financial growth, residential infrastructure growth, and growing tourist arrivals. Raises demand for potable water.

·         Water drainage bifurcation will have the higher CAGR of 5.5% during 2024–2030.

·         Effective wastewater management required in megacities.

·         Essential for maintaining hygiene and cleanliness in Saudi Arabia's major economic hubs and tourist destinations.

·         0–1.5 hp category dominates the market with a share of 45% in 2024, and is also the fastest-growing category, with a CAGR of 5.6% during 2024–2030.

·         Driven by rampant urbanization, rural migration to cities, and expatriate influx.

·         Increasing residential construction and rising disposable income leading to higher purchases of these machines for residential purposes.

·         Water treatment category dominates the market, with a share of 35%, in 2024.

·         Saudi Arabia extensively treats wastewater to make it reusable due to limited freshwater resources and a dry climate.

·         Extensive infrastructure for the desalination of marine water.

·         Oil and gas category will have the highest CAGR of 5.8% during 2024–2030.

·         Water pumps used in oil and gas treatment facilities, refineries, and pipeline transportation.

·         Applications include removing water that comes up with crude oil and desalting crude oil, as well as in distillation and filtration processes in refineries.

·         Al-Riyadh province holds the largest market share, of 40%, in 2024, and is also the fastest-growing province.

·         Attributed to massive construction activities in and around Riyadh.

Source: P&S Intelligence