Saudi Arabia pumps market highlights The Saudi Arabia pumps market generated a revenue of USD 1,775.7 million in 2023 and is expected to reach USD 2,504.4 million by 2030. The Saudi Arabia market is expected to grow at a CAGR of 5% from 2024 to 2030. In Middle East & Africa, Saudi Arabia pumps market is projected to lead the regional market in terms of revenue in 2030. Horizon Databook has segmented the Saudi Arabia pumps market based on centrifugal, positive displacement covering the revenue growth of each sub-segment from 2018 to 2030. The Kingdom of Saudi Arabia is predominantly an oil-based economy with a majority of economic activities controlled by the government of the country.

Source: The North Africa Journal October 19, 2024 12:48 UTC