Global Agricultural Pumps Market
Global Agricultural Pumps was valued at US$ 4,580.00 Million in 2021, estimated to reach US$ 6,860.00 Million in 2027, with a CAGR 5.55% from 2022-2027.
Pump is used for transporting material from one location to the other with the required pressure head is refer to An Agricultural pump and these are extremely chosen by the farmers that can enable them to retain the high agricultural production.
Market Drivers
Some of the key factors driving the growth of the agriculture pumps market include the rapidly expanding agricultural sector, the rising adoption of modern irrigation techniques in developing nations, and the increase in government support for the adoption of modern agricultural equipment due to the rising agricultural output
With the increase in Population, there is rise in quantity demanded for Food grains, Meat etc eventually leading to the growth of agricultural Pumps market because of the increased requirement of modern irrigation facilities.
Market Restraints
Installation Of numerous structures and components, high end maintenance and technical skills etc are necessary for the Agricultural pump, which costs a sizable sum of money.
Additionally, a number of selection and designing factors, such as production capacity, the quantity, water flow, and existing irrigation facilities that limits the building and operational flexibility, are taken into account. These elements could have an effect on the expansion of the Agricultural Pump market.
Market Segmentation
Agricultural Pumps Market is segmented into major 4 categories. Based on Power Source, the market is segmented into Electricity Grid-connection, Diesel/Petrol, Solar. Based on HP, the market is divided into (< 3 HP, 4-15 HP, 16-30 HP, 31-40 HP, >40 HP. Based on End Use, the market is segmented into Irrigation, Livestock Watering. Based on Type, the market is segmented into Roto-dynamic Pumps (Centrifugal Pumps, Axial Flow, Mixed Flow), Positive Displacement Pumps (Rotary Pumps, Reciprocating Pumps). Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Based on region Asia Pacific region dominates the Agricultural Pumps market across the world with highest CAGR owing to the availability of fertile land and enhancements in the farming process has in turn boosted the growth of the market.
Europe occupied the second-highest market portion after the Asia Pacific and is anticipated to grow at a significant CAGR throughout the forecast period owing to the rising demand for agricultural pump sets and increasing adoption of advanced technologies.
North America is expected to hold a considerable market share of the global industry as the existence of leading market players as well as emerging players in the region.
Market Key Players
Some of the key players operating in Global Agricultural Pumps Market are Shimge Pump Industry Group, Mahindra EPC Ltd, Lindsay Corporation, Jain Irrigation Systems, CNP Pumps India Pvt Ltd, WILO, KSB SE, Valmont Industries, Grundfos, Xylem Inc.
Industry development
In April 2022 Global water technology company, Xylem, has announced Limited Partner (LP) investments in venture capital funds Burnt Island Ventures and The Westly Group’s Funds III and IV, supporting the development of innovative water and industrial technologies. The combined $20 million investment across both funds forms a key part of Xylem’s external innovation program, Xylem Innovation Labs. These investments bolster Xylem Innovation Labs’ open innovation network and its commitment to bringing the most important water technology innovations to market at speed and scale.
In August 2022 Grundfos Enters into Agreement to Acquire Leading Water Technology Company MECO. This acquisition, which is pending regulatory approvals, will further expand Grundfos’ water treatment capabilities and strengthening Grundfos’ position as a leading global provider of water treatment solutions that address the world’s water and climate challenges and improve the quality of life for people.
Global Agricultural Pumps Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Agricultural Pumps Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Agricultural Pumps Market, By Power Source
5.1 Y-o-Y Growth Comparison, By Power Source
5.2 Agricultural Pumps Market Share Analysis, By Power Source
5.3 Agricultural Pumps Market Size and Forecast, By Power Source
5.3.1 Electricity Grid-connection
5.3.2 Diesel/Petrol
5.3.3 Solar
6 Agricultural Pumps Market, By HP
6.1 Y-o-Y Growth Comparison, By HP
6.2 Agricultural Pumps Market Share Analysis, By HP
6.3 Agricultural Pumps Market Size and Forecast, By HP
6.3.1 < 3 HP
6.3.2 4-15 HP
6.3.3 16-30 HP
6.3.4 31-40 HP
6.3.5 >40 HP
7 Agricultural Pumps Market, By Type
7.1 Y-o-Y Growth Comparison, By Type
7.2 Agricultural Pumps Market Share Analysis, By Type
7.3 Agricultural Pumps Market Size and Forecast, By Type
7.3.1 Roto-dynamic Pumps
7.3.1.1 Centrifugal Pumps
7.3.1.2 Axial Flow
7.3.1.3 Mixed Flow
7.3.2 Positive Displacement Pumps
7.3.2.1 Rotary Pumps
7.3.2.2 Reciprocating Pumps
8 Agricultural Pumps Market, By End Use
8.1 Y-o-Y Growth Comparison, By End Use
8.2 Agricultural Pumps Market Share Analysis, By End Use
8.3 Agricultural Pumps Market Size and Forecast, By End Use
8.3.1 Irrigation
8.3.2 Livestock Watering
9 Agricultural Pumps Market, By Region
9.1 Agricultural Pumps Market Share Analysis, By Region
9.2 Agricultural Pumps Market Share Analysis, By Region
9.3 Agricultural Pumps Market Size and Forecast, By Region
10 North America Agricultural Pumps Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 North America Agricultural Pumps Market Share Analysis, By Power Source
10.3 North America Agricultural Pumps Market Size and Forecast, By HP
10.4 North America Agricultural Pumps Market Size and Forecast, By Type
10.4 North America Agricultural Pumps Market Size and Forecast, By End Use
10.5 North America Agricultural Pumps Market Size and Forecast, By Country
10.5.1 U.S.
10.5.2 Canada
10.5.3 Mexico
11 Europe Agricultural Pumps Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Europe Agricultural Pumps Market Share Analysis, By Power Source
11.3 Europe Agricultural Pumps Market Size and Forecast, By HP
11.4 Europe Agricultural Pumps Market Size and Forecast, By Type
11.4 Europe Agricultural Pumps Market Size and Forecast, By End Use
11.5 Europe Agricultural Pumps Market Size and Forecast, By Country
11.5.1 Germany
11.5.2 France
11.5.3 UK
11.54. Rest of Europe
12 Asia Pacific Agricultural Pumps Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Asia Pacific Agricultural Pumps Market Share Analysis, By Power Source
12.3 Asia Pacific Agricultural Pumps Market Size and Forecast, By HP
12.4 Asia Pacific Agricultural Pumps Market Size and Forecast, By Type
12.4 Asia Pacific Agricultural Pumps Market Size and Forecast, By End Use
12.5 Asia Pacific Agricultural Pumps Market Size and Forecast, By Country
12.5.1 China
12.5.2 Japan
12.5.3 India
12.5.4. Rest of Asia Pacific
13 Latin America Agricultural Pumps Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Latin America Agricultural Pumps Market Share Analysis, By Power Source
13.3 Latin America Agricultural Pumps Market Size and Forecast, By HP
13.4 Latin America Agricultural Pumps Market Size and Forecast, By Type
13.4 Latin America Agricultural Pumps Market Size and Forecast, By End Use
13.5 Latin America Agricultural Pumps Market Size and Forecast, Country
13.5.1. Brazil
13.5.2. Rest of Latin America
14 Middle East Agricultural Pumps Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Middle East Agricultural Pumps Market Share Analysis, By Power Source
14.3 Middle East Agricultural Pumps Market Size and Forecast, By HP
14.4 Middle East Agricultural Pumps Market Size and Forecast, By Type
14.4 Middle East Agricultural Pumps Market Size and Forecast, By End Use
14.5 Middle East Agricultural Pumps Market Size and Forecast, By Country
14.5.1. Saudi Arabia
14.5.2. UAE
14.5.3. Egypt
14.5.4. Kuwait
14.5.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Xylem Inc.
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Grundfos
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Valmont Industries
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 KSB SE
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 WILO
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 CNP Pumps India Pvt Ltd
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Jain Irrigation Systems
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Lindsay Corporation
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Mahindra EPC Ltd
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Shimge Pump Industry Group
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
