Agriculture & Irrigation Pumps Market Anticipated to Witness 4.94% CAGR, Reaching USD 4.86 Billion Worth by 2030

A Quick Overview of Agriculture & Irrigation Pumps Market

• Base Year: 2024

• Historical Years: 2020-2023

• Forecast Years: 2025-2030

• Market Growth Rate: 4.94% (2025-2030)

The key object of this report on the Agriculture & Irrigation Pumps Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.

MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.

According to the latest report, 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% from 2024 to 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data.

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Market Dynamics:

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.

Agriculture & Irrigation Pumps Market Report Segmentation:

The report by MarkNtel Advisors on Agriculture & Irrigation Pumps Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:

By Type

> Centrifugal Pumps

>> Overhung Pumps

>>> Vertical Inline

>>> Horizontal End Suction

>> Split Case Pumps

>>> Single/Two Stage

>>> Multi Stage

>> Vertical Pumps

>>> Turbine

>>> Axial

>>> Mixed Flow

>> Submersible Pumps

>>> Solid Handling

>>> Non-solid Handling

> Positive Displacement Pumps

>> Diaphragm Pumps

>> Piston Pumps

>> Progressive Cavity Pumps

>> Peristaltic Pumps

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. 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

> 6 to 20 HP

> 21 to 100 HP

> 101 to 200 HP - Market Size & Forecast 2020-2030, USD Million

> Above 200 HP

By Region

> North America

> South America

> Europe

> The Middle East and Africa

> Asia-Pacific

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Some of the Top Agriculture & Irrigation Pumps Companies in the Market

In the fast-changing Agriculture & Irrigation Pumps Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top players of the industry 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

• Others

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