세계의 농업용 펌프 시장 예측(-2030년) : 제품별, 동력원별, 용도별, 최종사용자별, 지역별 분석

According to Stratistics MRC, the Global Agricultural Pumps Market is accounted for $6.06 billion in 2024 and is expected to reach $10.50 billion by 2030 growing at a CAGR of 9.6% during the forecast period. Agricultural pumps are vital for modern farming, providing essential irrigation and water management. These pumps help in optimizing water usage, crucial for crop growth and yield. They also enable efficient distribution across large areas, supporting diverse farming practices from traditional to precision agriculture. With advancements in technology, modern agricultural pumps are increasingly energy-efficient and capable of integrating with smart irrigation systems, further enhancing their effectiveness and sustainability in farming operations.

According to the FAO, there are three main sources of growth in crop production: expanding the land area, increasing the frequency with which it is cropped (often through irrigation), and boosting yields.

Market Dynamics:

Driver:

Increasing global food demand

Growing global population and diets diversify; the pressure on agricultural systems to produce higher yields intensifies. This surge in demand drives the need for more efficient and effective irrigation systems to maximize crop production and ensure consistent food supply. Agricultural pumps play a crucial role in this by facilitating precise and reliable water distribution, essential for maintaining soil health and optimizing crop yields. This shift is stimulating market growth as new pump technologies are developed to address specific agricultural needs.

Restraint:

Regular maintenance and potential repair costs

High maintenance expenses can be a significant financial burden, particularly for small-scale farmers or those operating on tight budgets. This may deter them from investing in advanced or high-quality pump systems, and frequent repairs and maintenance can lead to operational downtime, disrupting irrigation schedules and potentially reducing crop yields limiting their adoption and affecting market growth.

Opportunity:

Water scarcity and irrigation needs

Water resources becoming more limited due to climate change and overuse, farmers require advanced irrigation systems to optimize water usage and ensure crop health. This necessity fuels the demand for high-efficiency pumps that can deliver precise water distribution and support sustainable farming practices and in regions facing severe water shortages, there is a growing emphasis on technologies that improve water conservation and enhance the efficiency of irrigation systems.

Threat:

High energy consumption associated with certain types of pumps

Pumps with high energy demands increase operational costs for farmers, which can be particularly burdensome for those in regions with high energy prices or limited financial resources. This can lead to reduced profitability and discourage investment in advanced irrigation systems. As sustainability becomes a more critical focus, farmers and regulators may seek more energy-efficient alternatives, potentially shifting demand away from less efficient pump models.

Covid-19 Impact:

The COVID-19 pandemic affected the agricultural pumps market by disrupting supply chains, causing delays in production and distribution. Economic uncertainties and restrictions impacted farmers' purchasing power and investment in new irrigation technologies. However, the pandemic also accelerated the adoption of advanced irrigation solutions as farmers sought to improve efficiency and manage resources more effectively amid the crisis.

The submersible pumps segment is expected to be the largest during the forecast period

The submersible pumps is expected to be the largest during the forecast period due to their ability to operate underwater makes them ideal for accessing deep water sources, enhancing irrigation capabilities in regions with high groundwater tables. Submersible pumps improve water supply consistency and efficiency, which is crucial for maintaining crop health and optimizing yields.

The irrigation segment is expected to have the highest CAGR during the forecast period

The irrigation segment is expected to have the highest CAGR during the forecast period owing to driving demand for advanced pump systems that ensure efficient water distribution. Effective irrigation practices enhance crop yields and optimize water use, leading to increased adoption of modern pumps. The need for precision irrigation solutions, capable of delivering consistent water supply and adapting to varying conditions, further stimulates market growth.

Region with largest share:

North America is projected to hold the largest market share during the forecast period due to growing emphasis on sustainable agriculture and precision farming, which boosts the demand for advanced pump technologies that support efficient water use and reduce environmental impact. Further government programs and subsidies aimed at promoting water conservation, sustainable farming practices, and modernization of irrigation systems contribute to market growth.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period as Asia Pacific is home to major agricultural producers like China, India, and Thailand. The vast and diverse agricultural activities drive high demand for various types of agricultural pumps for irrigation and water management. Moreover many countries in the region offer subsidies and financial support for modernizing agricultural practices, including the adoption of advanced irrigation systems and pumps.

Key players in the market

Some of the key players in Agricultural Pumps market include Ebara Corporation, Franklin Electric, Gorman-Rupp Company, Grundfos, John Deere, KSB SE & Co. KGaA, Kubota Corporation, Netafim, Rain Bird Corporation, Sulzer Ltd., Toro Company, WILO SE, Xylem Inc., Zhejiang Doyin Technology Co., Ltd and Zoeller Pump Company

Key Developments:

In July 2024, Xylem expanded corporate venture capital investments to $50M, targeting water scarcity, quality, and decarbonisation. These investments are focused on companies developing cutting-edge solutions that support Xylem's growth priorities, including advanced treatment, digital technology.

In July 2024, USO and John Deere join forces to support those who serve the two-year commitment strengthens USO support of military service members and their families. This donation will enable John Deere employees and customers to show their support and to also assist service members

In June 2024, Xylem scales sustainability impacts with new water stewardship commitments by 30%, and gaining visibility into the water intensity of its supply chain through water stewardship reporting and practices.

Products Covered:

• Centrifugal Pumps
• Submersible Pumps
• Positive Displacement Pumps
• Peristaltic Pumps
• Vortex Pump
• Other Products

Power Sources Covered:

• Electric Pumps
• Diesel Pumps
• Solar-Powered Pumps

Applications Covered:

• Irrigation
• Livestock Watering
• Drainage
• Fertigation
• Other Applications

End Users Covered:

• Crop Farming
• Dairy Farming
• Horticulture
• Poultry Farming
• Other End User

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Agricultural Pumps Market, By Product

• 5.1 Introduction
• 5.2 Centrifugal Pumps
• 5.3 Submersible Pumps
• 5.4 Positive Displacement Pumps
• 5.5 Peristaltic Pumps
• 5.6 Vortex Pump
• 5.7 Other Products

6 Global Agricultural Pumps Market, By Power Source

• 6.1 Introduction
• 6.2 Electric Pumps
• 6.3 Diesel Pumps
• 6.4 Solar-Powered Pumps

7 Global Agricultural Pumps Market, By Application

• 7.1 Introduction
• 7.2 Irrigation
• 7.3 Livestock Watering
• 7.4 Drainage
• 7.5 Fertigation
• 7.6 Other Applications

8 Global Agricultural Pumps Market, By End User

• 8.1 Introduction
• 8.2 Crop Farming
• 8.3 Dairy Farming
• 8.4 Horticulture
• 8.5 Poultry Farming
• 8.6 Other End User

9 Global Agricultural Pumps Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Ebara Corporation
• 11.2 Franklin Electric
• 11.3 Gorman-Rupp Company
• 11.4 Grundfos
• 11.5 John Deere
• 11.6 KSB SE & Co. KGaA
• 11.7 Kubota Corporation
• 11.8 Netafim
• 11.9 Rain Bird Corporation
• 11.10 Sulzer Ltd.
• 11.11 Toro Company
• 11.12 WILO SE
• 11.13 Xylem Inc.
• 11.14 Zhejiang Doyin Technology Co., Ltd
• 11.15 Zoeller Pump Company