Agriculture Pumps Market by Product Type, Application & Region 2018-2025

Adroit Market Research
Global Agriculture Pumps Market
Size by Type (Centrifugal, Mixed-flow, Axial-flow and
others), by Downstream Industry (Irrigation Systems,
Agricultural Machinery, Agricultural Vehicles and others), by
Region (North America, Europe, Asia Pacific, and Rest of the
World) and Forecast 2018 to 2025
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Agriculture Pumps Market by Product Type, Application & Region 2018-2025
• Adroit Market Research published a study titled, “Global Agriculture Pumps Market Size 2017, By Type (Centrifugal, Mixedflow, Axial-flow and others), By Downstream industry (Irrigation Systems, Agricultural Machinery, Agricultural Vehicles and
others), and By Region and Forecast 2018 to 2025”. The report consists of global agriculture pumps market trends such as
such as drivers, restraints and opportunities. Porter’s Five Forces analysis, PESTEL analysis, and value chain analysis are the
analytical tools utilized in the published study in order to gain a better understanding of the global agriculture pumps
market. The global agriculture pumps market study provides the market estimates in terms of revenue (USD million) and
volume (Thousand units), for a total period of 2015 to 2025. The historic market figures have been provided from 2015 to
2017 and forecast figures from 2018 to 2025. The global agriculture pumps market 2018 gives a holistic view
encompassing production, consumption, import and export for key regions and countries.
• The global agriculture pumps market is expected to reach USD 3.13 billion in 2025 and register a CAGR of 5.7% during the
period of 2018 to 2025. Growth in agricultural sector due to growing food demand has propelled the growth of global
agriculture pumps market. Also, the rising demand of smart and solar pumps in developed markets drive the overall
agriculture pumps market.
• With the advent of smart farming, the traditional farming techniques are been replaced due to high labor costs and
increasing food demand. Smart pumps require low maintenance and can be operated in remote terrain locations without
any difficulty. Other advantages of smart pumps are effective utilization of resources and handling the voltage fluctuation
in power supply. Therefore, the rising demand of these smart pumps will fuel the growth of global agriculture pumps
market during the forecast period.
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Adroit Market Research
Agriculture Pumps Market by Product Type, Application & Region 2018-2025
• Based on the type of pump, the global agriculture pumps market is segmented into centrifugal, mixed-flow, axial-flow and
other segment. Centrifugal type of pumps dominated the market, followed by axial-flow and mixed-flow type in 2017.
However, the market for mixed-flow type pumps is expected to grow with the highest CAGR during the forecast period,
owing to its numerous advantages. On the basis of downstream industry, the global agriculture pumps market is bifurcated
into irrigation, agricultural machinery, agricultural vehicles and others. In 2017, irrigation segment had the highest market
share followed by agricultural machinery and vehicles.
• Some of the key players in the global agriculture pumps market are General Electric Company, Grundfos, Weir Group PLC,
Kirloskar Brothers Limited, LSM Pumps, Shanghai Kai Quan Pump (Group) Co. Ltd., Pentair, Watson-Marlow, Inc., Torishima
Pump Mfg. Co. Ltd., Weatherford International Inc, Franklin Electric, Saudi Pump Factory and others. These major players
have always looked forward to implement eminent strategies through partnerships, agreements, collaborations and
business expansions. Also, the agriculture pumps market is highly fragmented comprising of both global and regional
players present across the key regions of North America, Europe, Asia-Pacific and rest of the world. The products supplied
by major producers have higher brand value and thus, could be considered as barrier for new entrants in the smart
polymers market.
• Browse the complete report on @ https://www.adroitmarketresearch.com/industryreports/agriculture-pumps-market
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Key segments of the global agriculture pumps market
Type Overview, 2015-2025 (USD million) (thousand units)
• Centrifugal
• Mixed-flow
• Axial-flow
• Others
Downstream Industry Overview, 2015-2025 (USD million) (thousand units)
• Irrigation
• Agricultural machinery
• Agricultural vehicles
• Others
Regional Overview, 2015-2025 (USD million) (thousand units)
• North America
• Europe
• Asia Pacific
• Rest of the world
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Adroit Market Research published a new industry research that focuses on Agriculture Pumps Market and delivers in-depth market analysis and future prospects of Market.