Agricultural Pumps Market on Track for Strong Growth, Estimated to Grow at 7.4% CAGR Through 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Agricultural Pumps Market Through 2025?
The market size for agricultural pumps has consistently expanded over the past few years. The growth projection indicates an increase from $5.38 billion in 2024 to $5.56 billion in 2025, which translates to a compound annual growth rate (CAGR) of 3.4%. Factors contributing to this growth during the historical period include trends in farm mechanization, government regulations and financial aid, concerns about water scarcity, economic climate, and global agricultural tendencies.

What's the Projected Size of the Global Agricultural Pumps Market by 2029?
In the coming years, the agricultural pumps market size is anticipated to show robust growth. The market will reach $7.39 billion by 2029, with a compound annual growth rate (CAGR) of 7.4%. The expansion predicted for this period can be ascribed to factors like population growth and increasing demand for food, effects of climate change, incorporation of renewable energy, and research and development initiatives. The forthcoming period will also likely witness trends like the use of smart agriculture technologies, technological progress, greater usage of precision agriculture, and growing apprehension over water scarcity.

View the full report here:
https://www.thebusinessresearchcompany.com/report/agricultural-pumps-global-market-report

Top Growth Drivers in the Agricultural Pumps Industry: What's Accelerating the Market?
The surge in the agriculture sector is predicted to boost the agricultural pump market's expansion in the future. The agriculture sector, which consists of crop and livestock production as well as agricultural engineering, equipment, fertile soil, and other farming-related entities, is integral to the economy. Agricultural pumps play a vital role in accelerating cultivation by ensuring optimal water reaches every part of the field. For example, a report by the Organization for Economic Co-operation, and Development, an intergovernmental organization based in France, stated in June 2022 that a 28% increase in agricultural productivity is necessary within the next decade to meet the zero-hunger goal. Additionally, the projection for global crop production anticipates an increase of 87% by 2030. As such, the thriving agriculture sector is a primary propellant of the agricultural pump market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10149&type=smp

Which Emerging Trends Are Transforming the Agricultural Pumps Market in 2025?
Major companies operating in the agricultural pump market are developing innovative products such as borewell pumps to enhance water supply solutions. A borewell pump is a device used to draw water from deep underground borewells or wells for purposes such as irrigation, domestic water supply, or industrial applications. For instance, in August 2023, KSB Limited, an Indian-based pumps and valves company, launched a new range of energy-efficient pumps. The KSTP Sewage Pumps are designed for dewatering applications and come in a 1 PH configuration. The KGP Control Panel is compatible with 100-mm borewell pump sets, supporting both oil- and water-filled applications, with a maximum capacity of 2 HP. The UMN Series Oil Filled Pumpsets are rated for up to 3 HP, making them suitable for low voltage applications, while the UPFN Borewell Pumpsets are designed for high head applications, with capacities reaching up to 30 HP. Furthermore, the Ultra Plus Series Monoblock Pumpsets offer three-phase options with capacities up to 20 HP for diverse water handling tasks. Lastly, the KMR Series (Krishi Series) includes open well pumps specifically tailored for irrigation purposes.

What Are the Main Segments in the Agricultural Pumps Market?
The agricultural pumpsmarket covered in this report is segmented -

1) By Type: Rotodynamic Pumps, Positive Displacement Pumps
2) By Power Source: Electricity-Grid Connection, Diesel Or Petrol, Solar
3) By HP: 0.5-3, 4-15, 16-30, 31-40, >40
4) By End-Use: Irrigation, Livestock Watering

Subsegments:
1) By Rotodynamic Pumps: Centrifugal Pumps, Axial Flow Pumps, Mixed Flow Pumps
2) By Positive Displacement Pumps: Gear Pumps, Diaphragm Pumps, Piston Pumps, Screw Pumps, Peristaltic Pumps

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10149&type=smp

Which Top Companies are Driving Growth in the Agricultural Pumps Market?
Major companies operating in the agricultural pumps market include Grundfos Holding A/S, Xylem Inc., KSB SE & Co KGaA, Flowserve Corporation, Valmont Industries Inc., Jain Irrigation Systems Ltd., Franklin Electric Co Inc., Sulzer Ltd., WILO SE, Zhejiang Doyin Pump Industry Group Co. Ltd., Lindsay Corporation, Cornell Pump Company, CNP (India) Private Limited, Kirloskar Brothers Limited, CRI Pumps Private Limited, The Weir Group PLC, Mahindra EPC Irrigation Limited, Zhejiang Leo Group Pumps Co. Ltd., Mono Pumps Limited, Texmo Pumps and Systems Limited, National Pump Company (P) Ltd., Shakti Pumps (India) Limited, Pentair plc, Falcon Pumps Private Limited, Walrus Pumps Co Ltd., Zhejiang Haicheng Suprasuny Pump Co. Ltd., Navitas Solar Pumps Private Limited, Cat Pumps (US) Inc., VestJet AS, Tsurumi Manufacturing Co. Ltd.

Which Regions Will Dominate the Agricultural Pumps Market Through 2029?
Asia-Pacific was the largest region in the agriculture pumps market in 2024. The regions covered in the agricultural pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10149

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.