Global Irrigation Pumps Market Size study, by type (Submersible Pump, Vortex Pump, Centrifugal Pump, and Other Types), and Regional Forecasts 2022-2028

Global Irrigation Pumps Market Size study, by type (Submersible Pump, Vortex Pump, Centrifugal Pump, and Other Types), and Regional Forecasts 2022-2028

Global Irrigation Pumps Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2028. Irrigation Pumps are ideally used for providing and circulating water to the farms and the agricultural land. Increasing agricultural activities and rising production and consumption of food grains are factors contributing to the market growth. For instance: according to Statista, the worldwide consumption of grains, went from 742.37 million metric tons, in the year 2018 to 783.04 million metric tons, in the year 2021. Additionally, rising prevalence of agricultural land has also contributed towards the growth of the Irrigation Pumps Market, according to World Bank, the agricultural land went from 36.7%, in the year 2016 to 37%, in the year 2017. However Low availability of spare parts for the irrigation pumps and high investment and maintenance costs associated with the irrigation pumps impedes the market growth over the forecast period (2022-2028). Also, Technological advancements in the irrigation pumps and favorable governmental initiatives are likely to fuel the market growth during the forecast period.

The regional analysis of global Irrigation Pumps market includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading region across the world with largest market share, owing to the growing production of grains. Whereas, North America is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Technological advancements in the agricultural industry would create lucrative growth prospects for the Irrigation Pumps market across North America region.

Major market players included in this report are:
Zoeller Company
Leo Pumps
Franklin Electric
Shimge Pump Group
Guangdong Lingxiao Pump Industry Co. Ltd
Haicheng Suprasuny Pump Co. Ltd
Ebara Corporation
CNP Pumps India Pvt. Ltd
Ace Pump Corporation
Grundfos Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Submersible Pump
Vortex Pump
Centrifugal Pump
Other Types
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019,2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Irrigation Pumps Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Zoeller Company
Leo Pumps
Franklin Electric
Shimge Pump Group
Guangdong Lingxiao Pump Industry Co. Ltd
Haicheng Suprasuny Pump Co. Ltd
Ebara Corporation
CNP Pumps India Pvt. Ltd
Ace Pump Corporation
Grundfos Group

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