Data Bridge Market Research analyses that the irrigation pumps market will project a compound annual growth rate (CAGR) of 7.80% during the forecast period of 2021-2028. Growing demand for powered implements and 4-wheel drive tractors, rising demand for new and mechanized techniques for farming or agriculture especially in the developing countries, rising integration of advanced technology with the agricultural equipment are the major factors attributable to the growth of irrigation pumps market. This means that the irrigation pumps market value, which was USD 4.2 billion in 2020 will climb up to USD 7.65 billion by the year 2028.
Irrigation is a fundamental part of agriculture and crop yielding. Over the years, manufacturers have developed numerous tools and techniques to avail the farmers with the best of the irrigation systems. One such system is irrigation pump. From the name itself, it is clear that irrigation pumps are the pumps that are used for the transportation of water from one location to another by creating appropriate pressure head. In other words, irrigation pumps are used to pump the water from low level ground to high level ground. The water next flows through the channels to the agricultural fields. Irrigation pumps are used by the farmers to facilitate better and improved crop yield. The irrigation pumps include centrifugal, deep-well turbine, propeller and submersible pumps.
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The major players covered in the irrigation pumps market report are ACE PUMP CORPORATION, Davey Water, Zoeller company, Burcam, Grundfos, Franklin Electric, WILO SE, Zhejiang Doyin Technology Co., Ltd, EBARA International Corporation, CORNELL PUMP COMPANY, Hefei Xinhu Canned Motor Pump Co., Ltd, Xylem, Kaiquan Group, Sulzer Ltd, Junhe Pumps Holding Co., Ltd, Flowserve Corporation, CNP India Private Limited, Kendriya Sainik Board Secretariat, Kirloskar Brothers Limited (India) and GUANGDONG LINGXIAO PUMP INDUSTRY CO.,LTD., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Scope of the Irrigation pumps Market Report:
The global irrigation pumps market is segmented on the basis of product type and end use. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the product type, the irrigation pumps market is segmented into submersible pump, vortex pump, centrifugal pump, non-submersible pump and others.
- Based on the end use, the irrigation pumps market is segmented into farmland, gardens and others.
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Irrigation pumps Market Regional Analysis/Insights
The Irrigation pumps market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Irrigation pumps market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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