The market report is a historical overview and in-depth study on the current and future market. The report also offers a basic overview of the market size, share, leading players, top regions with major countries data, and a detailed segmentation description. It investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
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The major players in the Saudi Arabia Industrial Pumps Market include:
- Flowserve-Al Rushaid Company Ltd
- ITT Saudi Co.
- The Flowserve Corporation
- Sulzer Saudi Pump Company LLC
- KSB Pumps Arabia Ltd
- Ebara Pumps Saudi Arabia LLC
- SPX Flow Saudi Arabia LLC.
Key Drivers of the Saudi Arabia Industrial Pumps Market:
The rising adoption of industrial pumps in various industries and the growing demand for waste treatment and wastewater are some of the major drivers boosting the growth of the Saudi Arabia industrial pumps market. Saudi Arabian government is aiming to treat the wastewater to meet the increasing demand for water. In terms of wastewater treatment, the country was facing different challenges, including low coverage for existing wastewater collection and capital investment needed for infrastructure development. According to the Saudi Arabia industrial pumps market report, nature is efficient enough in reducing large amounts of pollution and waste from water. However, treating gallons of wastewater is a challenging task that needs technical innovations. Accumulated wastewater has several effects on the environment and human health. It affects underwater animals and plants, which is leading to various water-related diseases to people who reside near shores.
In Saudi Water Forum 2019, under the theme “Sustainable Water for Sustainable Development,” four workshops were conducted which focused on different topics, including smart technologies in water distribution management. Additionally, the Kingdom of Saudi Arabia considers wastewater as a vital major water source and focuses on achieving 100% use of treated wastewater by 2025. Thereby, the growing focus of the Saudi Arabian government toward wastewater treatment is accelerating the growth for Saudi Arabia industrial pumps market size in the region.
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Segmentation of the Saudi Arabia Industrial Pumps Market:
The market report contains the market volume and revenue of the forecast period. Moreover, it helps the reader to understand accurate data on volume sales according to the consumption for the same years.
On the basis of product, this report displays the production, revenue, price, market share, and overall growth rate of each product, primarily split into:
- Centrifugal Pumps
- Axial Flow Pump
- Radial Flow Pump
- Mixed Flow Pump
- Positive Displacement Pumps
- Reciprocating Pumps
- Rotary Pumps
- Others
- Others
On the basis of application, this report displays the production, revenue, price, market share, and overall growth rate of each application, primarily split into:
- Oil & Gas
- Chemicals
- Construction
- Power
- Water & Wastewater Treatment
- Others
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