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Agricultural Pump Market to Witness Huge Growth by Key Players: Grundfos, Xylem Inc, KSB SE & Co, Flowserve Corporation, Lindsay Corporation, Valmont Industries, Jain Irrigation Systems and Others.

06-18-2020 06:04 PM CET | Industry, Real Estate & Construction

Press release from: ReportsandReports

Agricultural Pump Market to Witness Huge Growth by Key Players:

According to Market Study Report, Agricultural Pump Market provides a comprehensive analysis of the Agricultural Pump Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry.This report also provides market landscape and market share information in the Agricultural Pump Market.

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The Global Agricultural Pumps Market is estimated to be valued at USD 4.2 Billion in 2020. It is projected to reach a value of USD 6.1 Billion by 2025, growing at a CAGR of 7.6% during the forecast period. This report spread across 167 pages, profiling 07 companies and supported with 121 tables and 59 figures are now available in this research.

Top Key Players Profiled in the Agricultural Pump Market:
• Grundfos (Denmark)
• Xylem Inc (US)
• KSB SE & Co. (Germany)
• Flowserve Corporation (US)
• Lindsay Corporation (US)
• Valmont Industries (US)
• Jain Irrigation Systems (India)

“The market for positive displacement pumps is projected to grow at the highest CAGR between 2020 and 2025.”
Positive displacement pumps develop high pressures while operating at low suction pressures. They are used when the constant flow has to be maintained regardless of pressure. In these pumps, the flow is usually regulated by varying the speed of the pump.

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“The solar pumps segment is projected to grow at the highest CAGR between 2020 and 2025.”
Solar pumps work on electricity produced by thermal energy collected from sunlight or photovoltaic panels, a process of transforming solar energy into electricity. These pumps do not rely on diesel or electricity, and therefore, bring about better effectiveness and productivity. These pumps do not create issues, such as feeder damage, supply cut, price hikes, etc.

“Livestock watering, as an end-use of agriculture pumps, projected to grow at the highest CAGR between 2020 and 2025.”
Agriculture pumps are widely preferable for reasons, such as lower maintenance, the potential for automated and remote control, and the ability to use solar power either as the only power source or as a supplementary power source for grid-connected pumps.

Breakdown of primary participants’ profile:
• By Manufacturers: Managers & Executives – 60%, Junior level employees – 30%, and Managing Directors –15%
• By Designation: CXOs – 40%,Managers – 30%,Executives – 30%
• By Geography: North America – 20%, Europe – 30%, APAC – 35%, South America – 10% and RoW – 5%

Competitive Landscape of Agricultural Pump Market:
1 Overview
2 Market Evaluation Framework
3 Revenue Analysis Of Top Five Market Players
4 Key Market Developments
4.1 New Product Launches
4.2 Acquisitions
4.3 Expansions &Investments
4.4 Contracts & Agreements

Research Coverage:
The report segments the agricultural pumps market based on type, HP, source, end-use, and region. In terms of insights, this report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss views on the emerging & high-growth segments of the agriculture pumps high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

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