KSA electric submersible pumps market report Size, Share, Growth Drivers, Trends, Opportunities & Forecast 2025–2030

Saudi Arabia Electric Submersible Pumps Market Overview

• The Saudi Arabia Electric Submersible Pumps market is valued at USD 720 million, based on a five-year historical analysis. This growth is primarily driven by the increasing demand for efficient water management solutions in sectors such as oil and gas, agriculture, and municipal water supply. Substantial investments in water infrastructure, including desalination and wastewater treatment, and the need for sustainable water extraction methods further contribute to the market's expansion. The adoption of energy-efficient and corrosion-resistant pumps is accelerating, particularly in response to Saudi Vision 2030 initiatives for water sustainability and economic diversification.
• Key cities such asRiyadh, Jeddah, and Dammamdominate the market due to their strategic roles in the oil and gas sector and ongoing urbanization. Riyadh, as the capital, hosts a high concentration of industrial activities. Jeddah functions as a major port city facilitating trade and commerce, while Dammam’s proximity to oil fields makes it central to the energy sector, driving robust demand for electric submersible pumps.
• TheSaudi Energy Efficiency Center (SEEC) Regulation for Rationalization of Energy Consumption in Water Pumping, 2023issued by the Saudi Standards, Metrology and Quality Organization (SASO), mandates the use of energy-efficient electric submersible pumps in new industrial and municipal projects. This regulation requires compliance with minimum energy performance standards (MEPS) and regular efficiency audits for all newly installed pumps above specified capacity thresholds, supporting the country’s Vision 2030 objectives for environmental sustainability and energy conservation.

Saudi Arabia Electric Submersible Pumps Market Segmentation

By Product Type:

The product type segmentation reveals thatBorewell Pumpsdominate the market due to their extensive use in agricultural irrigation and municipal water supply. Their efficiency in deep well water extraction and adaptability to varying soil conditions make them a preferred choice, especially in regions with high groundwater reliance.Vertical Multistage Submersible Pumpshold a significant share, particularly in industrial and oil & gas applications, owing to their ability to handle high-pressure requirements and corrosive fluids. The growing focus on energy efficiency and sustainability is spurring technological advancements in these product categories, further strengthening their market positions.

By End-User Industry:

The end-user industry segmentation indicates thatOil and Gas Extractionis the leading consumer of electric submersible pumps, driven by the need for efficient artificial lift systems in mature oilfields and enhanced oil recovery operations.Desalination and Water Treatmentis a rapidly growing segment, reflecting Saudi Arabia’s global leadership in desalination capacity and its commitment to water security.Agriculture and Irrigationalso represent a significant market share, as advanced pumping solutions are increasingly adopted to optimize water usage and productivity in a water-scarce environment.

Saudi Arabia Electric Submersible Pumps Market Competitive Landscape

The Saudi Arabia Electric Submersible Pumps Market is characterized by a dynamic mix of regional and international players. Leading participants such as Schlumberger Limited, Halliburton Company, Baker Hughes Company, Grundfos Holding A/S, Xylem Inc., KSB SE & Co. KGaA, Pentair plc, Ebara Corporation, Franklin Electric Co., Inc., Wilo SE, Sulzer Ltd., Weir Group PLC, National Oilwell Varco, Inc., Flowserve Corporation, and Tsurumi Manufacturing Co., Ltd. contribute to innovation, geographic expansion, and service delivery in this space.

Saudi Arabia Electric Submersible Pumps Market Industry Analysis

Growth Drivers

• Increasing Demand for Water Management Solutions:The Saudi Arabian government has allocated approximately SAR 20 billion for water management initiatives in future, reflecting a growing emphasis on sustainable water resources. This investment is driven by the need to address water scarcity, with the country facing a deficit of 1.1 billion cubic meters annually. Consequently, the demand for electric submersible pumps, essential for efficient water extraction and management, is expected to rise significantly.
• Expansion of Oil and Gas Exploration Activities:Saudi Arabia plans to increase its oil production capacity to 12 million barrels per day in future, necessitating advanced pumping solutions for extraction. The oil and gas sector, which contributes approximately 80% to the national revenue, is investing heavily in electric submersible pumps to enhance operational efficiency. This expansion is projected to create a robust demand for high-performance pumps in the region.
• Rising Investments in Infrastructure Development:The Saudi Vision 2030 initiative aims to diversify the economy, with infrastructure investments projected to reach SAR 1 trillion in future. This includes significant funding for water supply and irrigation projects, which are critical for urban and agricultural development. As infrastructure projects proliferate, the need for reliable electric submersible pumps will increase, driving market growth in the coming years.

Market Challenges

• High Initial Investment Costs:The upfront costs associated with electric submersible pumps can be substantial, often exceeding SAR 450,000 for advanced models. This financial barrier can deter potential buyers, particularly in the agricultural sector, where profit margins are tight. As a result, many farmers and small businesses may opt for less efficient, lower-cost alternatives, hindering market growth.
• Limited Awareness of Advanced Pump Technologies:Despite the benefits of modern electric submersible pumps, many potential users remain unaware of their advantages. A survey conducted in future indicated that over 60% of agricultural stakeholders lacked knowledge about energy-efficient pumping solutions. This gap in awareness can slow adoption rates, limiting the market's potential for growth and innovation in the region.

Saudi Arabia Electric Submersible Pumps Market Future Outlook

The future of the electric submersible pumps market in Saudi Arabia appears promising, driven by ongoing investments in water management and energy efficiency. As the government continues to prioritize sustainable practices, the integration of IoT technologies for real-time monitoring will likely enhance operational efficiency. Additionally, the shift towards renewable energy sources will create new avenues for pump applications, particularly in solar-powered irrigation systems, further expanding market potential.

Market Opportunities

• Growth in Renewable Energy Projects:With the government targeting 58.7 GW of renewable energy capacity in future, there is a significant opportunity for electric submersible pumps in solar and wind energy applications. These projects will require efficient water management systems, creating a demand for innovative pumping solutions that align with sustainability goals.
• Increasing Agricultural Activities:The agricultural sector is projected to grow by 4% in future, driven by government initiatives to enhance food security. This growth will necessitate advanced irrigation systems, leading to increased demand for electric submersible pumps. Investments in modern farming techniques will further boost the market as farmers seek efficient water management solutions.