Submersible deep water pumps

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Submersible deep water pumps

Opportunity Brief
  • A pump is a mechanical device used to move fluids from one location to another by increasing the pressure of the fluid and
    providing the energy needed to move it through pipes to the desired destination This energy must be sufficient to overcome the
    forces of friction and gravity Pumps are energy converters, converting the kinetic energy of the fluid into pressure energy Types of submersible pumps are (well pumps oil filled pumps stainless steel (anti rust) submersible pumps submersible utility pumps booster pumps high temperature submersible pumps submersible irrigation pumps mill pumps deep well pumps dry hole pumps sewage pumps dewatering pumps multistage submersible pumps).
Investment Opportunity Drivers Global Perspectives
  • The submersible pumps market size is estimated at USD 19 billion in 2024 and is expected to reach USD 27.92 billion by 2029 at a CAGR of 8.2% during the forecast period from 2024 to 2029.
  • The growth in demand for submersible pumps is linked to the increase in wastewater treatment projects, oil, gas and mining projects, as well as the growth in the construction industry and the expansion of industrial infrastructure, which the Egyptian government is currently paying great attention to.
  • The volume of submersible pump imports amounted to between $56 and $74 million annually during the period from 2019 to 2023.
  • The global demand for submersible pumps has grown at a rate of 2%.
  • There are a number of local pump manufacturers such as (Al Wayler Farid Ahmed Dawood Group Egyptian German Pump Company “Rohr Pumpen Fahim Ragab Sons Arab Organization for Industrialization),
  • This type of pump is not manufactured in Egypt, and cooperation is currently underway with local companies to localize the manufacture of submersible pumps for the first time in Egypt.
  • The local market size reached approximately $74 million in 2023 and had peaked in 2022 reaching approximately $91 million.
  • Annual pump demand ranges between 5,000 and 6,000 pumps per year, making this industry of great importance and one that the Egyptian government is working to support.
  • The increasing demand for pumps locally is considered as an incentive to localize this industry The state is currently working on implementing a number of infrastructure projects, and drinking water and sewage pumping stations are being built in a number of new cities, including New Cairo, the New Administrative Capital, Badr City and the Capital Gardens In addition, treated wastewater is being used to irrigate green spaces.
  • There is an industrial base for manufacturing pumps in Egypt, although it needs cooperation with industrial and technological partners in order to manufacture specialized types of pump.
  • There is an industrial base of foundries that are the first step in manufacturing the outer body of pumps, valves, etc and can be relied upon.
  • Suze Canal Economic zone (SC Zone)
  • 10 th of Ramadan industrial Zone
  • Industrial Zone in New 6 th of October City
  • Fayoum Industrial Zone
Imports of the Arab Republic of Egypt
(in millions of dollars)
Customs items for opportunity