Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Type (Submersible Pumps, Non-submersible Pumps), By Pump Type (Centrifugal Pump, Positive Displacement Pump, Cryogenic Pump), By Application (Upstream, Midstream, Downstream) And Competitive Landscape
Product Code: ETC391316 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name |
Africa Oil & Gas Pumps Market |
Forecast Period |
2025-2031 |
Forecast Size |
USD 2.4 billion by 2031 |
CAGR |
5% |
Growing Sector |
Refining and Pipeline Development Sector |
Africa Oil & Gas Pumps Market report thoroughly covers the market By Countries, By Type, By Pump Type, By Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Africa Oil & Gas Pumps Market was valued at USD 1.7 billion and is expected to reach USD 2.4 billion, growing at a CAGR of around 5% from 2025 to 2031. This growth is driven by increasing energy demand across the continent, as well as expanding oil and gas exploration and production activities. Investments in oil and gas infrastructure, including refining and transportation, are also contributing to the demand for advanced pumping systems. Technological advancements, such as the development of more efficient, automated, and environmentally sustainable pumps, are further propelling market growth. Additionally, supportive government policies and initiatives to boost energy sector development in Africa are expected to impact the market during the forecast period positively.
The market growth is driven by increasing energy demand, expanding exploration, and enhanced oil and gas production activities across Africa. Significant investments in refining, transportation, and infrastructure development further fuel the demand for reliable, efficient pumping systems. Technological advancements, including energy-efficient and automated pumps, are transforming the sector. Additionally, government initiatives focused on boosting energy production and optimizing oil and gas infrastructure are contributing to market expansion, ensuring the continuous development of the industry throughout the forecast period.
According to 6Wresearch, the Africa Oil & Gas Pumps Market Size is expected to reach a significant CAGR of 5% during the forecast period 2025-2031. The market's expansion is driven by the increasing demand for energy across the continent and the growing oil and gas exploration activities. As oil and gas production rises, there is a heightened need for advanced pumping systems in extraction, transportation, and refining processes. Investments in infrastructure development, including pipelines and refineries, are further boosting the demand for reliable and efficient pumps. Additionally, technological advancements in energy-efficient, automated, and sustainable pumping solutions are contributing to the market's growth. Government policies aimed at strengthening the energy sector in Africa also play a pivotal role in driving this growth.
The Oil & Gas Pumps Market in Africa is witnessing significant growth, driven by technological advancements and the increasing adoption of energy-efficient pumping solutions. A focus on sustainable and eco-friendly options is shaping the industry, with manufacturers offering pumps that minimize environmental impact while enhancing performance. Additionally, the rise in upstream and downstream activities due to renewed exploration efforts is amplifying demand for robust and reliable pumping systems. With the growing prominence of the oil & gas sector in the region, particularly in Nigeria and Angola, investments in infrastructure development and innovative pumping technologies continue to influence market dynamics. This evolving landscape highlights a strong potential for growth and innovation across Africa's oil and gas pumps industry.
Investment opportunities are also expanding in Africa’s renewable energy sector, offering a complementary pathway for diversification alongside traditional oil and gas ventures. The continent's vast solar, wind, and hydroelectric potential presents a chance for investors to spearhead projects that align with global sustainability goals. Financing solar-powered pumping systems, for instance, can directly contribute to energy-efficient operations in agriculture and water management. Governments and international partners are increasingly incentivizing renewable energy adoption through subsidies, tax exemptions, and strategic public-private partnerships. This progressive shift toward clean energy provides stakeholders with the chance to collaborate to create more resilient and sustainable energy sectors across Africa. Factoring in these renewable investments can bolster long-term returns while supporting economic and environmental development.
Leading players in the Africa oil and gas pump market include globally recognized manufacturers such as Grundfos, Flowserve Corporation, Sulzer Ltd., and Xylem Inc. These companies are investing significantly in research and development to introduce advanced, energy-efficient pumping solutions tailored to the region's unique operational challenges. By leveraging innovative technologies, such as smart pump systems and enhanced corrosion-resistant materials, they aim to improve performance and reduce maintenance costs. Strategic collaborations with local distributors and service providers further support their market expansion. Additionally, these key players actively participate in capacity-building initiatives to enhance the skills of local technicians, fostering sustainable development in Africa's oil and gas industry while solidifying their competitive advantage in the broader market.
Government regulations play a pivotal role in ensuring the effective performance of the oil and gas pumps market in Africa. These regulations focus on promoting environmental sustainability, ensuring adherence to safety standards, and supporting the adoption of advanced technologies. Policies encouraging the use of energy-efficient and low-emission pumps align with global efforts to reduce environmental impact. Additionally, regulatory frameworks often emphasize local content requirements, which stimulate regional economic growth by involving local businesses in supply chain activities. Effective implementation and enforcement of these regulations not only safeguard operational efficiency but also foster long-term resilience and sustainability within the industry.
Future insights of the Africa oil and gas pumps market indicate substantial growth driven by technological advancements and increasing investments in infrastructure development. The adoption of smart pump solutions equipped with IoT and remote monitoring capabilities is expected to streamline operations and enhance efficiency. Rising global demand for energy and the gradual shift toward cleaner energy solutions create opportunities for innovative pump designs tailored to sustainable practices. Additionally, expanding exploration activities in untapped reserves across Africa will demand robust pumping solutions, fostering market expansion. Efforts to integrate renewable energy sources into oil and gas operations are anticipated to further boost growth. Strategic collaborations and investments will continue to play a critical role in shaping the future trajectory of the market.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Nigeria is poised to lead the Africa Oil & Gas Pumps Market, driven by its extensive oil reserves, well-established infrastructure, and growing investments in the energy sector. As the largest oil producer in Africa, Nigeria’s demand for advanced pump technologies grows in tandem with its ongoing exploration and production activities. The country’s strategic focus on diversifying its oil and gas operations, coupled with government-backed initiatives, further strengthens its position in the market. Nigeria's dominance is amplified by the presence of global manufacturers and an increasing number of new projects, making it a key player in shaping the future of the industry across Africa.
According to Ravi Bhandari, Research Manager, 6Wresearch, Submersible pumps are positioned to dominate the Africa Oil & Gas Pumps Market due to their efficiency and versatility in upstream, midstream, and downstream applications. These pumps are specifically designed to operate underwater, making them ideal for offshore and deep-well extraction activities prevalent in Nigeria. Their ability to handle high-pressure operations and corrosive fluids enhances their reliability in challenging environments. Furthermore, advancements in pump technologies, such as improved energy efficiency and durability, are driving their adoption across the industry. With Nigeria’s expanding exploration activities, submersible pumps are set to remain the preferred choice for meeting growing operational demands.
Centrifugal pumps are poised to dominate the market due to their versatility, efficiency, and extensive application across industries. These pumps are widely utilized in sectors such as water treatment, oil and gas, chemical processing, and power generation for their ability to handle a broad range of fluids, including those with varying viscosities. Their simple design and low maintenance requirements contribute to reduced operational costs, further driving adoption. With advancements in pump technology and the increasing demand for energy-efficient systems, centrifugal pumps continue to stand out as the preferred choice among businesses, solidifying their leading position in the global pump market.
The upstream segment is expected to lead the market due to its critical role in oil and gas exploration and production activities. Centrifugal pumps are extensively used in this sector for tasks such as fluid transportation, drilling operations, and crude oil processing. Their ability to handle high-pressure environments and versatile fluid types makes them indispensable in upstream operations. Additionally, the rising demand for energy and ongoing exploration of unconventional reserves are driving the need for efficient pumping solutions. With technological advancements enhancing performance and reliability, centrifugal pumps remain a critical component in supporting upstream industry applications.
Africa Oil & Gas Pumps Market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Oil & Gas Pumps Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Oil & Gas Pumps Market Revenues & Volume, 2021 & 2027F |
3.3 Africa Oil & Gas Pumps Market - Industry Life Cycle |
3.4 Africa Oil & Gas Pumps Market - Porter's Five Forces |
3.5 Africa Oil & Gas Pumps Market Revenues & Volume Share, By Countries, 2021 & 2027F |
3.6 Africa Oil & Gas Pumps Market Revenues & Volume Share, By Type, 2021 & 2027F |
3.7 Africa Oil & Gas Pumps Market Revenues & Volume Share, By Pump Type, 2021 & 2027F |
3.8 Africa Oil & Gas Pumps Market Revenues & Volume Share, By Application, 2021 & 2027F |
4 Africa Oil & Gas Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Oil & Gas Pumps Market Trends |
6 Africa Oil & Gas Pumps Market, 2018 - 2027 |
6.1 Africa Oil & Gas Pumps Market, Revenues & Volume, By Type, 2018 - 2027 |
6.2 Africa Oil & Gas Pumps Market, Revenues & Volume, By Pump Type, 2018 - 2027 |
6.3 Africa Oil & Gas Pumps Market, Revenues & Volume, By Application, 2018 - 2027 |
7 South Africa Oil & Gas Pumps Market, 2018 - 2027 |
7.1 South Africa Oil & Gas Pumps Market, Revenues & Volume, By Type, 2018 - 2027 |
7.2 South Africa Oil & Gas Pumps Market, Revenues & Volume, By Pump Type, 2018 - 2027 |
7.3 South Africa Oil & Gas Pumps Market, Revenues & Volume, By Application, 2018 - 2027 |
8 Nigeria Oil & Gas Pumps Market, 2018 - 2027 |
8.1 Nigeria Oil & Gas Pumps Market, Revenues & Volume, By Type, 2018 - 2027 |
8.2 Nigeria Oil & Gas Pumps Market, Revenues & Volume, By Pump Type, 2018 - 2027 |
8.3 Nigeria Oil & Gas Pumps Market, Revenues & Volume, By Application, 2018 - 2027 |
9 Kenya Oil & Gas Pumps Market, 2018 - 2027 |
9.1 Kenya Oil & Gas Pumps Market, Revenues & Volume, By Type, 2018 - 2027 |
9.2 Kenya Oil & Gas Pumps Market, Revenues & Volume, By Pump Type, 2018 - 2027 |
9.3 Kenya Oil & Gas Pumps Market, Revenues & Volume, By Application, 2018 - 2027 |
10 Rest of Africa Oil & Gas Pumps Market, 2018 - 2027 |
10.1 Rest of Africa Oil & Gas Pumps Market, Revenues & Volume, By Type, 2018 - 2027 |
10.2 Rest of Africa Oil & Gas Pumps Market, Revenues & Volume, By Pump Type, 2018 - 2027 |
10.3 Rest of Africa Oil & Gas Pumps Market, Revenues & Volume, By Application, 2018 - 2027 |
11 Africa Oil & Gas Pumps Market Key Performance Indicators |
12 Africa Oil & Gas Pumps Market - Opportunity Assessment |
12.1 Africa Oil & Gas Pumps Market Opportunity Assessment, By Countries, 2021 & 2027F |
12.2 Africa Oil & Gas Pumps Market Opportunity Assessment, By Type, 2021 & 2027F |
12.3 Africa Oil & Gas Pumps Market Opportunity Assessment, By Pump Type, 2021 & 2027F |
12.4 Africa Oil & Gas Pumps Market Opportunity Assessment, By Application, 2021 & 2027F |
13 Africa Oil & Gas Pumps Market - Competitive Landscape |
13.1 Africa Oil & Gas Pumps Market Revenue Share, By Companies, 2024 |
13.2 Africa Oil & Gas Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |