Overview of the Global Agriculture & Irrigation Pumps Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors, titled “Global Agriculture & Irrigation Pumps Market By Type (Centrifugal Pumps [Overhung Pumps, Split Case PumpsVertical Pumps, Submersible Pumps], Positive Displacement Pumps [Diaphragm Pumps, Piston Pumps, Progressive Cavity Pumps, Peristaltic Pumps]), By Power Source (Electricity, Diesel), Renewables), By Horse Power (0.5 to 5 HP, 6 to 20 HP, 21 to 100 HP, 101 to 200 HP, Above 200 HP) and others, The Global 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. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Global Agriculture & Irrigation Pumps Market Growth and Scope:
Base Year: 2024
Forecast Period: 2025-30
Historical Data: 2020-23
CAGR (2025-2030): 4.94%
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Global Agriculture & Irrigation Pumps Market 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.
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.
A Comprehensive Analysis of Leading Companies of Agriculture & Irrigation Pumps Market by MarkNtel Advisors:
- 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
- Others
Key Agriculture & Irrigation Pumps Market Segmentation:
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-By Type
- Centrifugal Pumps
- Split Case Pumps
- Vertical Pumps
- Submersible Pumps
- Positive Displacement Pumps
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
- Electricity
- Diesel
- Renewables
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
- 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
Geographical Analysis
-By Region
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific
North America has the highest share over all the major regions contributing to the Global Agriculture & Irrigation Pump Market, and accounts for almost 36% market share.
Key Reports Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
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