Middle East & Africa Pumps Market Size & Outlook
Related Markets
MEA pumps market highlights
- The MEA pumps market generated a revenue of USD 5,593.4 million in 2024.
- The market is expected to grow at a CAGR of 4.9% from 2025 to 2033.
- In terms of segment, centrifugal was the largest revenue generating type in 2024.
- Positive Displacement is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2033.
MEA data book summary
| Market revenue in 2024 | USD 5,593.4 million |
| Market revenue in 2033 | USD 8,590.7 million |
| Growth rate | 4.9% (CAGR from 2025 to 2033) |
| Largest segment | Centrifugal |
| Fastest growing segment | Positive Displacement |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Centrifugal, Positive Displacement |
| Key market players worldwide | SLB, Ingersoll Rand Inc, The Weir Group, Vaughan Chopper Pumps, KSB SE & Co KGaA, Pentair PLC, Grundfos, Xylem Inc, Flowserve Corp, ITT Inc, Ebara Corp, Iwaki America, Sulzer AG, SPX FLOW |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.4% of the global pumps market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 43,188.3 million by 2033.
Centrifugal was the largest segment with a revenue share of 69.88% in 2024. Horizon Databook has segmented the Middle East & Africa pumps market based on centrifugal, positive displacement covering the revenue growth of each sub-segment from 2021 to 2033.
The region is characterized by the presence of a large number of water and wastewater treatment plants, owing to the absence of significant freshwater sources. Growing per-capita consumption of water in the region along with the rise in population due to increased immigration into the region is projected to drive water and wastewater treatment, thereby boosting the demand for pumps over the forecast period.
The Middle East is one of the secure and reliable suppliers of oil. Member countries of OPEC (Organization of the Petroleum Exporting Countries)are expected to invest in building activities for new capacity expansions and necessary infrastructure.
Oil is expected to meet a significant proportion of the global energy demand in the coming years. This trend is likely to lead to a significant rise in investment, not only in new barrels for increasing production but also to mitigate the decline in production rates of existing oil fields.
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Pumps Market Scope
Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Iwaki America | View profile | 501-1000 | Holliston, Massachusetts, United States, North America | https://iwakiamerica.com/ |
| Vaughan Chopper Pumps | View profile | 101-250 | Montesano, Washington, United States, North America | http://www.chopperpumps.com |
| The Weir Group | View profile | 10001+ | Glasgow, Glasgow City, United Kingdom, Europe | https://www.global.weir/ |
| SLB | View profile | 11-50 | Brno, Jihomoravsky kraj, Czech Republic, Europe | https://www.slb.cz |
| SPX FLOW | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | https://www.spxflow.com/ |
| Grundfos | View profile | 10001+ | Bjerringbro, Midtjylland, Denmark, Europe | http://www.grundfos.com/ |
| Ingersoll Rand Inc | View profile | 18000 | 525 Harbour Place Drive, Suite 600, Davidson, NC, United States, 28036 | https://www.irco.com |
| KSB SE & Co KGaA | View profile | 16038 | Johann-Klein-Strasse 9, Frankenthal, RP, Germany, 67227 | https://www.ksb.com |
| Ebara Corp | View profile | 19629 | 11-1, Haneda Asahi-cho, Ohta-ku, Tokyo, Japan, 144-8510 | http://www.ebara.co.jp |
| ITT Inc | View profile | 10600 | 100 Washington Boulevard, 6th Floor, Stamford, CT, United States, 06902 | https://www.itt.com |
| Pentair PLC | View profile | 10500 | 70 London Road, Regal House, Twickenham, London, United Kingdom, TW13QS | https://www.pentair.com |
| Flowserve Corp | View profile | 16000 | 5215 North O’Connor Boulevard, Suite 700, Irving, TX, United States, 75039 | https://www.flowserve.com |
| Sulzer AG | View profile | 13300 | Neuwiesenstrasse 15, Winterthur, Switzerland, 8401 | https://www.sulzer.com |
| Xylem Inc | View profile | 23000 | 300 Water Street SE, Washington, DC, United States, 20003 | https://www.xylem.com |
MEA pumps market size, by country, 2021-2033 (US$M)
Middle East & Africa Pumps Market Outlook Share, 2024 & 2033 (US$M)
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