Saudi Arabia industrial pumps market recorded sluggish demand in 2016 on account of decrease in government spending on the back of falling crude oil prices. The Kingdom of Saudi Arabia lowered its budget on transportation and infrastructure projects in 2016 by over 60% as compared to 2015, which in turn majorly impacted the market for industrial pumps in Saudi Arabia.
According to this research, Saudi Arabia Industrial Pumps market is projected to grow at a CAGR of 2.4% during 2017-23. Following the decline in 2015 & 2016, similar trend is expected in 2017 as well. However, the market is anticipated to recover post 2017 due to expected recovery of oil prices, rebound of construction industry, exponential growth across industrial sector and establishment of petrochemical industries.
Amongst all applications, oil & gas and chemical primarily Petrochemical and Fertilizers (PCF) were key adopters of industrial pumps in Saudi Arabia. Significant growth lies ahead for chemical, power and water and wastewater treatment applications.
The key players in Saudi Arabia industrial pumps market include: Flowserve-Al Rushaid Company Ltd., ITT Saudi Co., Sulzer Saudi Pump Company LLC, KSB Pumps Arabia Ltd., EBARA PUMPS SAUDI ARABIA LLC, Grundfos Saudi Arabia Company Ltd. and SPX Flow Saudi Arabia LLC.
The report thoroughly covers the Saudi Arabia industrial pumps market by types, applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Markets Covered
The report provides detailed analysis of the following market segments:
By Type
Centrifugal Pump
Positive Displacement Pump
By Centrifugal Type
Single-Stage Pump
Multi-Stage Pump
Axial & Mixed-Flow Pump
Submersible Pump
Sealless & Circular Pump
By Positive Displacement Type
Reciprocating
Rotary
By Applications
Chemical
Construction
Oil & Gas
Water & Wastewater Treatment
Power
Others
Key Topics Covered:
1 Executive Summary
2 Introduction 2.1 Key Highlights of the Report 2.2 Report Description 2.3 Market Scope & Segmentation 2.4 Research Methodology 2.5 Assumptions
3 Global Industrial Pumps Market Overview 3.1 Global Industrial Pumps Market Revenues (2014-2023F) 3.2 Global Industrial Pumps Market Revenue Share, By Region
4 Saudi Arabia Industrial Pumps Market Overview 4.1 Saudi Arabia Industrial Pumps Market Revenues (2014-2023F) 4.2 Saudi Arabia Industrial Pumps Market Volume (2014-2023F) 4.3 Saudi Arabia Industrial Pumps Market, Industry Life Cycle 4.4 Saudi Arabia Industrial Pumps Market, Opportunity Matrix 4.5 Saudi Arabia Industrial Pumps Market, Porters Five Forces 4.6 Saudi Arabia Industrial Pumps Market Revenue Share, By Type 4.7 Saudi Arabia Industrial Pumps Market Revenue Share, By Application 4.8 Saudi Arabia Industrial Pumps Market Revenue Share, By Region
6 Saudi Arabia Industrial Pumps Market Trends 6.1 Growing Demand for Energy Efficient Pumps
7 Saudi Arabia Industrial Pumps Market Overview, By Type 7.1 Saudi Arabia Centrifugal Industrial Pumps Market Revenues and Volume (2014-2023F) 7.1.1 Saudi Arabia Centrifugal Industrial Pump Market Revenues, By Type (2014-2023F) 7.2 Saudi Arabia Centrifugal Industrial Pumps Market Price Trend
8 Saudi Arabia Positive Displacement Industrial Pumps Market Overview 8.1 Saudi Arabia Positive Displacement Industrial Pumps Market Revenues and Volume (2014-2023F) 8.1.1 Saudi Arabia Positive Displacement Pump Market Revenues, By Type (2014-2023F) 8.2 Saudi Arabia Positive displacement Industrial Pumps Market Price Trend
9 Saudi Arabia Industrial Pumps Market Overview, By Application 9.1 Saudi Arabia Oil & Gas Industrial Pumps Market Revenues (2014-2023F) 9.2 Saudi Arabia Water & Wastewater Treatment Industrial Pumps Market Revenues (2014-2023F) 9.3 Saudi Arabia Power Industrial Pumps Market Revenues (2014-2023F) 9.4 Saudi Arabia Chemical Industrial Pumps Market Revenues (2014-2023F) 9.5 Saudi Arabia Construction Industrial Pumps Market Revenues (2014-2023F) 9.6 Saudi Arabia Others Industrial Pumps Market Revenues (2014-2023F)
10 Saudi Arabia Industrial Pumps Market Overview, By Region 10.1 Saudi Arabia Industrial Pumps Market Revenues, By Central Region (2014-2023F) 10.2 Saudi Arabia Industrial Pumps Market Revenues, By Western Region (2014-2023F) 10.3 Saudi Arabia Industrial Pumps Market Revenues, By Eastern Region (2014-2023F) 10.4 Saudi Arabia Industrial Pumps Market Revenues, By Southern Region (2014-2023F)
11 Saudi Arabia Government Spending Outlook
12 Saudi Arabia Industrial Pumps Market Overview, Competitive Landscape 12.1 Saudi Arabia Industrial Pumps Market Revenue Share, By Company 12.2 Market Competitive Benchmarking, By Operating Parameters
13 Company Profiles 13.1 Sulzer Saudi Pump Company LLC 13.2 KSB Pumps Arabia Ltd. 13.3 Flowserve-Al Rushaid Company Ltd. 13.4 ITT Saudi Co. 13.5 Grundfos Saudi Arabia Company Ltd. 13.6 EBARA PUMPS SAUDI ARABIA LLC 13.7 SPX Flow Saudi Arabia LLC
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Related Topics: Pumps
Source: GlobeNewswire
(December 5, 2017 - 5:29 AM EST)
