Egypt Domestic Water Pump Market Research Report: Forecast (2023-2028)

Market Definition

A water pump is a device used for increasing water pressure to transfer it from one place to another. They are used extensively for agricultural, municipal, industrial, & residential purposes, as well as for transferring wastewater in sewage treatment plants. Most of these pumps are operated by electricity, but other energy sources like gasoline or diesel-powered pumps are also gaining traction.

Market Insights & Analysis: Egypt Domestic Water Pump Market (2023-28)

The Egypt Domestic Water Pump Market is expected to grow at a considerable CAGR during the forecast period, i.e., 2023-28. In 2020, the industry got affected by the Covid-19 pandemic, which caused a halt in construction activities, supply chain disruptions, and a temporary shutdown of businesses. In addition, Egypt observed several economic disturbances in 2022 with increased inflation & external foreign debt.

However, the market has been reviving since then, and future growth would be driven mainly by ongoing development projects related to water & wastewater treatment plants, coupled with various efforts toward attracting foreign investments for the government's development goals, as well as increasing investments in infrastructure expansions, like the construction of new administrative capital.

Furthermore, growing environmental degradation, rising energy costs, and increasing investments in infrastructure & housing building developments are also proliferating the demand for water pumps. Additionally, the rapidly surging population level, i.e., leading to burgeoning water requirements for residential applications, is projected to remain a significant factor in stimulating the Domestic Water Pump Market size in Egypt over the forecast period.

Market Dynamics

Growth Driver: Increasing Investments in Water Treatment Projects to Address Water Scarcity

The extreme climate of Egypt is the prime reason behind the high water scarcity levels in the country. Consequently, the rising water crisis has instigated the need for recycling wastewater for further use, like irrigation facilities for agricultural lands. The government is actively working on finding additional water resources and investing in the development of water & wastewater treatment plants in order to mitigate the water scarcity scenario, i.e., the prime aspect projected to drive the Egypt Domestic Water Pump Market during 2023-28.

Possible Restraint: Volatility in Prices, Budget Issues, and Political Instability

Price volatility & political instability are the main aspects projected to restrain the growth of the Egypt Domestic Water Pump Market during 2023-28. These are the major issues for regional & international firms to enter Egypt and compete in this industry, given the low costs of water pumps in the country. In addition, budget restraints for mega projects and import limitations would further hamper the market expansion in the coming years.

Market Segmentation

Based on Type:

• Submersible Pumps
• Pressure Booster Pumps
• Self-prime Regenerative Pumps
• Others (End Suction, etc.)

Of them all, submersible water pumps hold a prominent share of the Egypt Domestic Water Pump Market. It owes to their versatile use in the agriculture and water & wastewater treatment sectors, the ever-growing dependency on groundwater in the country, and the active government focus on finding additional water resources to cater to the burgeoning population. Even with the lack of liquidity & weak economic outlook, Egypt is witnessing high demand for submersible pumps as recovery is likely in water utility applications. The surging water pollution levels and increasing funding for infrastructural developments are augmenting the demand for energy-efficient water pumps to treat industrial wastewater.

Moreover, the rapid rise in the adoption of bore wells to extract underground water is also generating lucrative prospects for the demand for submersible pumps as they are durable, involve easy maintenance, and are highly beneficial in preventing pump cavitation.

Based on Stage:

• Single
• Multi

Here, multi-stage pumps hold a prominent market share, owing primarily to their mounting demand in power plant applications, as well as industrial applications that involve high pressures. In addition, the most common applications of multi-stage pumps involve a chemical transfer in petrochemical plants, irrigation, and water supply & circulation. Besides, these pumps are available in numerous sizes based on budget, volume, and purposes. However, their ability to handle lightly contaminated liquids, heating plants, water supply piping, autoclaves, boiler feed, hydrocarbons, & firefighting operations all by themselves make them stand out among their counterparts. Hence, these aspects are boosting their demand in Egypt and, in turn, benefitting the overall market growth.

Based on Application:

• Groundwater Intake
• Wastewater Outlet
• Water Pressure Boosting
• Rain Water Harvesting
• Hot Water Recirculation
• Heating

Among all, groundwater intake is a crucial application of domestic water pumps. It ascribes to the high--level of water scarcity in Egypt, owing to which groundwater is the primary source of drinking water & other residential purposes in the country. Besides, the gradually reducing groundwater levels have also resulted in an ever-increased demand for domestic water pumps for agricultural, drinking, & other household purposes.

Consequently, the surging adoption of bore wells to extract underground water is fueling the demand for domestic water pumps. Moreover, the Egyptian government is actively focusing on water & wastewater treatment projects since using treated wastewater can help relieve stress on unsustainable water resources. Hence, water scarcity shall remain the most prominent reason behind the accelerated demand for domestic water pumps for groundwater intake in the coming years.

Recent Developments in the Egypt Domestic Water Pump Market

• In June 2022, the Ministry of Irrigation and Water Resources announced the installation of solar-powered pumps at 85 water wells at New Valley's Kharga, Dakhla, & Farafra, with an aim to rationalize the use of underground water & promote clean energy.
• In 2020, Tapflo launched CTX, an all-new, premium series of high-performance Centrifugal Pumps exhibiting robust design and superior operational reliability & application flexibility. This new series of pumps can be utilized in various applications & process conditions and ensures greater flexibility, along with quick & easy upgrade options.

Gain a Competitive Edge with Our Egypt Domestic Water Pump Market Report

1. Egypt Domestic Water Pump Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
2. This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
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