MarkNtel Advisors recently published a detailed industry analysis of the Agriculture & Irrigation Pumps Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Agriculture & Irrigation Pumps Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Agriculture & Irrigation Pumps Market size was valued at around USD 3.83 billion in 2024 and is projected to reach USD 4.86 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.94% during the forecast period, i.e., 2025-30.
What are the major Driver the Agriculture & Irrigation Pumps industry?
Increasing Demand from Irrigation Industry – Major countries in agriculture across the globe are the United States, China, Brazil, Russia, India, Turkey, France, Mexico, Canada, Germany, etc. These countries are continuously making efforts to sustain agricultural productivity and progress in irrigation facilities, to meet the global food demands of the rising population. In India, almost 60% of the total land comes under agriculture. Thus, there is increasing focus on the installation of solar pumps in this region. As per PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan), the goal is to replace almost 1.5 million already installed electric pumps with solar agricultural pumps by the year 2026. In addition to this, the scheme further aims to install 2 million new solar agricultural pumps.
In 2023, India organized a summit named “Smart Irrigation Summit” in collaboration with the Irrigation Association of India. The main objective of this summit was to discuss more resilient options & technological advancements that can be made for agriculture & irrigation. Thus, to sustain agricultural productivity and yield production, efforts are being made to provide proper irrigation facilities to the farmers, which further enhances the demand for agriculture pumps.
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What segments define the Agriculture & Irrigation Pumps market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
· By Type
o Centrifugal Pumps
§ Overhung Pumps- Market Size & Forecast 2020-2030, USD Million
· Vertical Inline- Market Size & Forecast 2020-2030, USD Million
· Horizontal End Suction- Market Size & Forecast 2020-2030, USD Million
§ Split Case Pumps- Market Size & Forecast 2020-2030, USD Million
· Single/Two Stage- Market Size & Forecast 2020-2030, USD Million
· Multi Stage- Market Size & Forecast 2020-2030, USD Million
§ Vertical Pumps- Market Size & Forecast 2020-2030, USD Million
· Turbine- Market Size & Forecast 2020-2030, USD Million
o Solid Handling- Market Size & Forecast 2020-2030, USD Million
o Non-solid Handling- Market Size & Forecast 2020-2030, USD Million
· Axial- Market Size & Forecast 2020-2030, USD Million
· Mixed Flow- Market Size & Forecast 2020-2030, USD Million
§ Submersible Pumps
· Solid Handling- Market Size & Forecast 2020-2030, USD Million
· Non-solid Handling- Market Size & Forecast 2020-2030, USD Million
o Positive Displacement Pumps
§ Diaphragm Pumps- Market Size & Forecast 2020-2030, USD Million
§ Piston Pumps- Market Size & Forecast 2020-2030, USD Million
§ Progressive Cavity Pumps- Market Size & Forecast 2020-2030, USD Million
§ Peristaltic Pumps- Market Size & Forecast 2020-2030, USD Million
According to report, Centrifugal pumps lead the market among all these different types of pumps by holding more than 90% share of the Global Agriculture & Irrigation Pumps Market.
· By Power Source
o Electricity – Market Size & Forecast 2020-2030, USD Million
o Diesel- Market Size & Forecast 2020-2030, USD Million
o Renewables – Market Size & Forecast 2020-2030, USD Million
According to report, The market for agriculture & irrigation pumps in the segmentation based on the power source category is dominated by electricity power with more than 60% market share.
· By Horse Power
o 0.5 to 5 HP – Market Size & Forecast 2020-2030, USD Million
o 6 to 20 HP- Market Size & Forecast 2020-2030, USD Million
o 21 to 100 HP – Market Size & Forecast 2020-2030, USD Million
o 101 to 200 HP – Market Size & Forecast 2020-2030, USD Million
o Above 200 HP – Market Size & Forecast 2020-2030, USD Million
Explore the Complete Agriculture & Irrigation Pumps Market Analysis Report – https://www.marknteladvisors.com/research-library/agriculture-irrigation-pumps-market.html
Geographical Analysis: Agriculture & Irrigation Pumps Market
o North America
o South America
o Europe
o The Middle East and Africa
o Asia-Pacific
Agriculture & Irrigation Pumps Market Share & Competitive Landscape:
The Agriculture & Irrigation Pumps Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Agriculture & Irrigation Pumps Market are:
- Grundfos Group
- Xylem Inc.
- KSB SE & Co. KGaA
- Franklin Electric
- Flowserve Co.
- Armstrong Fluid Technology
- ITT Inc.
- SPX FLOW, Inc.
- Sulzer Ltd.
- Ebara Corporation
- PSG Dover
- WILO SE
- Kirloskar Brothers Limited (KBL)
- Weir Group PLC
- Torishima Pump Mfg. Co. Ltd.
- Pentair Plc.
- Patterson Pump Company
Agriculture & Irrigation Pumps Industry Recent Development:
- September 2024: KSB SE & Co. KGaA is launching a new intelligent submersible motor pump under the name AmaRex Pro for wastewater management applicable in multiple industries.
- June 2023: Sulzer Ltd. launched a closed impeller to its AHLSTAR A single-stage pump range. It supports all types of liquids that are used in industrial applications.
Questions Addressed in this Study
1.What factors are driving the Agriculture & Irrigation Pumps Market growth?
2.How is the Agriculture & Irrigation Pumps Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Agriculture & Irrigation Pumps Market?
4.What is the current size of the Agriculture & Irrigation Pumps Market, and how is it projected to change in the future?
6.What is the future outlook for the Agriculture & Irrigation Pumps Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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