Agriculture & Irrigation Pumps Market Overview and Insights:
According to Markntel Advisors Report, 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.
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Industry Growth Driver:
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.
What is Included in Agriculture & Irrigation Pumps Market Segmentation?
The report has segmented the market into the following categories:
By Type
– 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
– – – – Solid Handling- Market Size & Forecast 2020-2030, USD Million
– – – – 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
– 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
By Power Source
– Electricity – Market Size & Forecast 2020-2030, USD Million
– Diesel- Market Size & Forecast 2020-2030, USD Million
– Renewables – Market Size & Forecast 2020-2030, USD Million
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. The pumps with electricity power sources have the highest share over diesel and renewables owing to benefits related to low installation cost and higher lifetime over diesel pumps. Along with this, they are comparatively safe for the environment and thus preferred to diesel pumps.
By Horse Power
– 0.5 to 5 HP – Market Size & Forecast 2020-2030, USD Million
– 6 to 20 HP- Market Size & Forecast 2020-2030, USD Million
– 21 to 100 HP – Market Size & Forecast 2020-2030, USD Million
– 101 to 200 HP – Market Size & Forecast 2020-2030, USD Million
– Above 200 HP – Market Size & Forecast 2020-2030, USD Million
By Region
– North America
– South America
– Europe
– The Middle East and Africa
– Asia-Pacific
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Who are the Key Players Operating in the Agriculture & Irrigation Pumps Industry?
The top companies of the Agriculture & Irrigation Pumps market ruling the industry 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
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the Agriculture & Irrigation Pumps Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the Agriculture & Irrigation Pumps industry?
- Which is the Leading segment in the market?
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