Saudi Arabia Deep Well Submersible Motors Market to Worth Over USD 23.28 Million By 2033 | Astute Analytica [Yahoo! Finance]
Xylem Inc. New (XYL)
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Source: Yahoo! Finance
supports agricultural and urban needs in a region where groundwater is the primary source of water. New Delhi, Dec. 25, 2024 (GLOBE NEWSWIRE) -- The Saudi Arabia deep well submersible motors market is projected to hit the market valuation of US$ 23.28 million by 2033 from US$ 16.93 million in 2024 at a CAGR of 3.60% during the forecast period 2025–2033. Deep well submersible motors are heavily utilized across Saudi Arabia due to the country's unique geographical and climatic challenges. With 38% of its 2.25 million square kilometers covered by desert, Saudi Arabia faces extreme water scarcity, as it lacks permanent surface water sources like rivers or lakes. Groundwater, therefore, becomes the primary water source, with deep aquifers being heavily relied upon in the deep well submersible motors market. The country's arid climate, high temperatures, and minimal rainfall exacerbate water scarcity, leading to high evaporation rates. In 2019, Saudi Arabia's total water demand reached
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- Pumps Market worth $79.01 billion by 2029 | MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
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- Xylem (XYL): Buy, Sell, or Hold Post Q3 Earnings? [Yahoo! Finance]Yahoo! Finance
- Xylem Inc. (NYSE: XYL) had its "peer perform" rating re-affirmed by analysts at Wolfe Research.MarketBeat
- Xylem Inc. (NYSE: XYL) had its price target lowered by analysts at Stifel Nicolaus from $172.00 to $166.00. They now have a "buy" rating on the stock.MarketBeat
XYL
Earnings
- 10/31/24 - In-Line
XYL
Sec Filings
- 12/17/24 - Form 4
- 12/4/24 - Form 144
- 12/3/24 - Form 144
- XYL's page on the SEC website