Product Code: ETC13412976 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Agricultural Pumps Market was valued at USD 5.1 Billion in 2024 and is expected to reach USD 7.2 Billion by 2031, growing at a compound annual growth rate of 4.90% during the forecast period (2025-2031).
The Global Agricultural Pumps Market is experiencing steady growth, driven by factors such as increasing mechanization in farming practices, rising adoption of modern irrigation techniques, and growing demand for higher crop yield. The market is segmented by pump type (centrifugal, positive displacement, etc.), power source (electric, diesel, etc.), and application (irrigation, water supply, etc.). Asia-Pacific region dominates the market due to its large agricultural sector, followed by North America and Europe. Key players in the market include Grundfos, Xylem, Kirloskar Brothers, and Franklin Electric, who are focusing on technological advancements and product innovations to gain a competitive edge. The market is expected to continue its growth trajectory, driven by the increasing need for efficient water management solutions in agriculture worldwide.
The Global Agricultural Pumps Market is witnessing a growing demand for efficient and sustainable pumping solutions to optimize irrigation practices and increase crop yields. Key trends include the adoption of solar-powered pumps for remote and off-grid agricultural operations, the integration of smart technologies such as IoT and automation for improved monitoring and control of water usage, and the development of energy-efficient and environmentally friendly pump systems. Opportunities in the market lie in the increasing focus on water conservation and precision agriculture, as well as the rising investments in modernizing agricultural infrastructure in developing countries. Manufacturers are also exploring innovations in pump design and materials to enhance durability and performance in challenging agricultural environments. Overall, the market is poised for growth driven by the need for efficient water management solutions in the agriculture sector.
Some challenges faced in the Global Agricultural Pumps Market include fluctuating raw material prices impacting manufacturing costs, increasing competition leading to pricing pressure, and lack of awareness among farmers regarding the benefits of advanced agricultural pumps. Additionally, the dependence of the agricultural sector on unpredictable weather patterns and climate change poses a significant challenge for the market. Furthermore, issues related to the availability of skilled labor for installation and maintenance of agricultural pumps in rural areas can hinder market growth. Adapting to rapidly changing technology and meeting stringent regulatory requirements also present challenges for market players in the Global Agricultural Pumps Market. Overcoming these obstacles will require innovative strategies, strong market positioning, and effective communication to educate and attract customers.
The Global Agricultural Pumps Market is primarily driven by factors such as increasing adoption of mechanized farming techniques, growing demand for efficient water management in agriculture, and rising focus on enhancing crop productivity. The need for irrigation systems to counter water scarcity, government initiatives promoting modern agricultural practices, and technological advancements in pump systems are also key drivers fueling market growth. Additionally, the expansion of agricultural lands, especially in developing countries, and the rising awareness about the benefits of using agricultural pumps to reduce manual labor and improve operational efficiency are contributing to the market`s expansion. Overall, the demand for agricultural pumps is expected to continue to rise as farmers seek to optimize their operations and improve crop yields.
Government policies related to the Global Agricultural Pumps Market vary by country but generally focus on promoting sustainable agriculture practices, water conservation, and increasing efficiency in irrigation systems. Many governments offer subsidies or financial incentives to encourage farmers to invest in modern agricultural pumps that use less water and energy. Additionally, regulations may be in place to ensure that pumps meet certain efficiency standards and environmental requirements. Some governments also support research and development initiatives to improve pump technology and promote innovation in the agricultural sector. Overall, government policies aim to address the challenges of water scarcity, climate change, and food security by promoting the adoption of advanced agricultural pump systems.
The Global Agricultural Pumps Market is expected to witness steady growth in the coming years due to increasing mechanization in agriculture, growing adoption of advanced irrigation systems, and the need for efficient water management practices. The market is likely to be driven by factors such as rising demand for food production, expanding agricultural sector, and government initiatives to promote sustainable farming practices. Technological advancements in pump systems, such as energy-efficient and precision irrigation pumps, are also expected to drive market growth. However, factors such as high initial investment costs and limited access to finance in developing countries may hinder market growth to some extent. Overall, the Global Agricultural Pumps Market is projected to experience a positive trajectory in the foreseeable future.
In the Global Agricultural Pumps Market, Asia holds a significant share due to the massive agricultural sector in countries like India and China. North America follows closely, driven by advanced farming practices and high adoption of modern irrigation systems. Europe is experiencing steady growth, with a focus on sustainable agriculture and increasing investment in efficient water management solutions. The Middle East and Africa region is witnessing rising demand for agricultural pumps due to water scarcity issues and the need for improved irrigation techniques. Latin America is also a key market, with countries like Brazil and Argentina driving demand for agricultural pumps through large-scale farming operations and government initiatives to enhance agricultural productivity.
Global Agricultural Pumps Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Agricultural Pumps Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Agricultural Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Global Agricultural Pumps Market - Industry Life Cycle |
3.4 Global Agricultural Pumps Market - Porter's Five Forces |
3.5 Global Agricultural Pumps Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Agricultural Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Agricultural Pumps Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.8 Global Agricultural Pumps Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Global Agricultural Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Agricultural Pumps Market Trends |
6 Global Agricultural Pumps Market, 2021 - 2031 |
6.1 Global Agricultural Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Agricultural Pumps Market, Revenues & Volume, By Rotodynamic Pumps, 2021 - 2031 |
6.1.3 Global Agricultural Pumps Market, Revenues & Volume, By Positive Displacement Pumps, 2021 - 2031 |
6.2 Global Agricultural Pumps Market, Revenues & Volume, By Power Source, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Agricultural Pumps Market, Revenues & Volume, By Electricity-grid Connection, 2021 - 2031 |
6.2.3 Global Agricultural Pumps Market, Revenues & Volume, By Diesel/Petrol, 2021 - 2031 |
6.2.4 Global Agricultural Pumps Market, Revenues & Volume, By Solar, 2021 - 2031 |
6.3 Global Agricultural Pumps Market, Revenues & Volume, By End Use, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Agricultural Pumps Market, Revenues & Volume, By Irrigation, 2021 - 2031 |
6.3.3 Global Agricultural Pumps Market, Revenues & Volume, By Livestock Watering, 2021 - 2031 |
7 North America Agricultural Pumps Market, Overview & Analysis |
7.1 North America Agricultural Pumps Market Revenues & Volume, 2021 - 2031 |
7.2 North America Agricultural Pumps Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Agricultural Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Agricultural Pumps Market, Revenues & Volume, By Power Source, 2021 - 2031 |
7.5 North America Agricultural Pumps Market, Revenues & Volume, By End Use, 2021 - 2031 |
8 Latin America (LATAM) Agricultural Pumps Market, Overview & Analysis |
8.1 Latin America (LATAM) Agricultural Pumps Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Agricultural Pumps Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Agricultural Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Agricultural Pumps Market, Revenues & Volume, By Power Source, 2021 - 2031 |
8.5 Latin America (LATAM) Agricultural Pumps Market, Revenues & Volume, By End Use, 2021 - 2031 |
9 Asia Agricultural Pumps Market, Overview & Analysis |
9.1 Asia Agricultural Pumps Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Agricultural Pumps Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Agricultural Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Agricultural Pumps Market, Revenues & Volume, By Power Source, 2021 - 2031 |
9.5 Asia Agricultural Pumps Market, Revenues & Volume, By End Use, 2021 - 2031 |
10 Africa Agricultural Pumps Market, Overview & Analysis |
10.1 Africa Agricultural Pumps Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Agricultural Pumps Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Agricultural Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Agricultural Pumps Market, Revenues & Volume, By Power Source, 2021 - 2031 |
10.5 Africa Agricultural Pumps Market, Revenues & Volume, By End Use, 2021 - 2031 |
11 Europe Agricultural Pumps Market, Overview & Analysis |
11.1 Europe Agricultural Pumps Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Agricultural Pumps Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Agricultural Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Agricultural Pumps Market, Revenues & Volume, By Power Source, 2021 - 2031 |
11.5 Europe Agricultural Pumps Market, Revenues & Volume, By End Use, 2021 - 2031 |
12 Middle East Agricultural Pumps Market, Overview & Analysis |
12.1 Middle East Agricultural Pumps Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Agricultural Pumps Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Agricultural Pumps Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Agricultural Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Agricultural Pumps Market, Revenues & Volume, By Power Source, 2021 - 2031 |
12.5 Middle East Agricultural Pumps Market, Revenues & Volume, By End Use, 2021 - 2031 |
13 Global Agricultural Pumps Market Key Performance Indicators |
14 Global Agricultural Pumps Market - Export/Import By Countries Assessment |
15 Global Agricultural Pumps Market - Opportunity Assessment |
15.1 Global Agricultural Pumps Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Agricultural Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Agricultural Pumps Market Opportunity Assessment, By Power Source, 2021 & 2031F |
15.4 Global Agricultural Pumps Market Opportunity Assessment, By End Use, 2021 & 2031F |
16 Global Agricultural Pumps Market - Competitive Landscape |
16.1 Global Agricultural Pumps Market Revenue Share, By Companies, 2024 |
16.2 Global Agricultural Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |