Centrifugal water pumps account for more than 50% share of the overall pumps market and are widely used in number of small and large scale industrial applications, such as power, waste water treatment and chemicals. The use of centrifugal water pumps for domestic and agriculture purposes makes them even more attractive. In addition, need for new water sources is expected to lead to a rise in the sales of centrifugal water pumps that carry enhanced capacity and efficiency needed for agriculture and domestic applications. Increasing cost of energy and growing environmental awareness among end-users are likely to drive the demand for cost-effective and energy-efficient centrifugal water pumps over the forecast period. In this report, the below 30 Hp centrifugal water pump market in Egypt is segmented on the basis of pump type, end-user application and capacity. Pumps within a capacity range of 0.5 to 30 HP are considered in this study. By pump type, the market is segmented into monobloc pumps, mini-pumps and submersible pumps. Meanwhile, by end-user application, the market is segmented into industrial, agriculture and domestic applications. The below 30 Hp centrifugal water pump market is projected to expand at a CAGR of 5.3% in terms of revenue, in order to reach US$ 37.1 million by the end of 2020. In terms of volume, the below 30 Hp centrifugal water pump market in Egypt is expected to rise from 55,537 units to 72,530 units by the end of 2020.
Market Value and Forecast
The below 30 Hp centrifugal water pumps market in Egypt is anticipated to expand at a steady CAGR of around 5.1% during the forecast period. Growth of the market is mainly driven by the increasing investment in housing construction, infrastructure development, expansion of water supply network and increase in the agriculture initiative activities. The below 30 Hp centrifugal water pump market in Egypt is anticipated to create an absolute dollar opportunity of around US$ 8 million between 2014 and 2020.
Segmentation, by Product Type
Below 30 Hp Centrifugal Water Pump Market: Egypt Industry Analysis and Opportunity Assessment 2015 - 2020Buy Now
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