Saudi Arabia Positive Displacement Pumps Market Size & Outlook
Saudi Arabia positive displacement pumps market, 2018-2030 (US$M)
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Saudi Arabia positive displacement pumps market highlights
- The Saudi Arabia positive displacement pumps market generated a revenue of USD 588.1 million in 2023 and is expected to reach USD 872.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, rotary was the largest revenue generating type in 2023.
- Reciprocating is the most lucrative type segment registering the fastest growth during the forecast period.
Positive displacement pumps market data book summary
| Market revenue in 2023 | USD 588.1 million |
| Market revenue in 2030 | USD 872.7 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Rotary |
| Fastest growing segment | Reciprocating |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rotary, Reciprocating |
| Key market players worldwide | Ingersoll Rand Inc, SPX FLOW, Alfa Laval AB, IDEX Corp, Grundfos, Schlumberger Ltd, Weir Group PLC, KSB SE & Co KGaA, Sulzer AG, Flowserve Corp, Dover Corp, NOV Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 3.1% of the global positive displacement pumps market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia positive displacement pumps market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 872.7 million by 2030.
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Positive Displacement Pumps Market Scope
Positive Displacement Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia positive displacement pumps market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to positive displacement pumps market will help companies and investors design strategic landscapes.
Rotary was the largest segment with a revenue share of 56.64% in 2023. Horizon Databook has segmented the Saudi Arabia positive displacement pumps market based on rotary, reciprocating covering the revenue growth of each sub-segment from 2018 to 2030.
The PD pumps market in Saudi Arabia is mainly driven by the product’s usage in the oil & gas industry. The sector accounts for over 50% of the total gross domestic product and about 85% of the country’s export earnings.
The increasing usage of PD pumps in the oil & gas sector especially in coiled tubing operations is likely to benefit the market in the country over the forecast period. In addition, the rising demand for crude oil and its derivatives and the growing need for transportation & refining of these products are also anticipated to propel the PD pump market.
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Our clientele includes a mix of positive displacement pumps market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia positive displacement pumps market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia positive displacement pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia positive displacement pumps market size, by type, 2018-2030 (US$M)
Saudi Arabia Positive Displacement Pumps Market Outlook Share, 2023 & 2030 (US$M)
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