Market Overview:
The global agricultural submersible pump market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for food and rising population across the globe. In addition, technological advancements in agricultural submersible pumps are also contributing to the growth of this market. The global agricultural submersible pump market is segmented on the basis of type, application and region. On the basis of type, it is divided into oil-immersed type, water immersion type, dry type and other types. The water immersion type segment dominates this market owing to its high efficiency and low maintenance cost as compared to other types of pumps available in this category. By application, it is classified into onshore and offshore applications segments respectively.
Product Definition:
An agricultural submersible pump is a pump that is used to move water out of a soil or other water body. Agricultural submersible pumps are often used to move irrigation water from canals, ponds, and rivers to the fields where it is needed.
Oil-Immersed Type:
Oil-immersed type is a submersible pump used to move liquid in oil or another fluid. It's named so because the main body of the pump is completely immersed in the oil, which carries out operations without any external power source. The working principle of this type of pumps is based on displacement movement, i.e., it moves an object or objects by displacing its own weight in the fluid (oil or fluids).
Water Immersion Type:
Water immersion type is a submersible pump used for lifting water from one place to another in an open body of water. It is mostly used in irrigation purposes, but it can also be used for other applications like cleaning muck out of a pool or moving sludge from one place to another.
The major advantage associated with this equipment is that there are no belts or impellers to get worn out and the pumping mechanism remains clean and dry even after continuous use.
Application Insights:
Onshore application dominated the global market in 2017, accounting for over 60.0% share of the total revenue. The segment is expected to witness significant growth on account of rising demand for agricultural products and increasing investments by countries in developing rural areas with emphasis on increasing agricultural production.
The offshore segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to growing investments by foreign companies in developing new oil fields as well as enhancing existing oil fields which are located deep sea waters under high pressure and temperature conditions, thereby resulting into higher product adoption for pumping solutions required across such extreme environments.
Growing demand from emerging economies including China India Brazil Indonesia Mexico Argentina will further boost industry expansion over the forecast period due largely to increased investment spending capacity coupled with government support & initiatives that have been undertaken towards industrial development particularly related to agriculture.
Regional Analysis:
Asia Pacific dominated the global agricultural submersible pump market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for food and rising population. Moreover, government initiatives encouraging private investment in agriculture are likely to boost product demand over the coming years.
The Middle East & Africa is anticipated to be one of the fastest-growing regions due to rapid development of offshore oilfields across countries such as Saudi Arabia and UAE. In addition, growing investments by international oil companies (IOCs) for exploration activities are projected favorably impact overall market growth over the next eight years.
Growth Factors:
- Increasing demand for food owing to population growth
- Rising income levels of consumers in developing countries
- Urbanization and industrialization of developing countries
- Technological advancements in agricultural submersible pumps
- Government initiatives to promote agriculture
Scope Of The Report
Report Attributes
Report Details
Report Title
Agricultural Submersible Pump Market Research Report
By Type
Oil-Immersed Type, Water Immersion Type, Dry Type, Other
By Application
Onshore, Offshore
By Companies
Grundfos, Franklin Electric, Shimge Pump, Wilo, Mono, Dongyin Pump, Leo, Ebara Pumps, Suprasuny, Cornell Pump, Grundfos, Xylem, Kaiquan Pump, Sulzer, Junhe Pump, Flowserve, CNP, KSB, KBL, Lingxiao Pump, East Pump
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Agricultural Submersible Pump Market Report Segments:
The global Agricultural Submersible Pump market is segmented on the basis of:
Types
Oil-Immersed Type, Water Immersion Type, Dry Type, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Onshore, Offshore
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Grundfos
- Franklin Electric
- Shimge Pump
- Wilo
- Mono
- Dongyin Pump
- Leo
- Ebara Pumps
- Suprasuny
- Cornell Pump
- Grundfos
- Xylem
- Kaiquan Pump
- Sulzer
- Junhe Pump
- Flowserve
- CNP
- KSB
- KBL
- Lingxiao Pump
- East Pump
Highlights of The Agricultural Submersible Pump Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Oil-Immersed Type
- Water Immersion Type
- Dry Type
- Other
- By Application:
- Onshore
- Offshore
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Agricultural Submersible Pump Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An agricultural submersible pump is a type of water pump that is used to move water through the soil and groundwater. They are typically smaller than traditional pumps, making them easier to transport and install.
Some of the major companies in the agricultural submersible pump market are Grundfos, Franklin Electric, Shimge Pump, Wilo, Mono, Dongyin Pump, Leo, Ebara Pumps, Suprasuny, Cornell Pump, Grundfos, Xylem, Kaiquan Pump, Sulzer, Junhe Pump, Flowserve, CNP, KSB, KBL, Lingxiao Pump, East Pump.
The agricultural submersible pump market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agricultural Submersible Pump Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Agricultural Submersible Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Agricultural Submersible Pump Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Agricultural Submersible Pump Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Agricultural Submersible Pump Market Size & Forecast, 2020-2028
4.5.1 Agricultural Submersible Pump Market Size and Y-o-Y Growth
4.5.2 Agricultural Submersible Pump Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Oil-Immersed Type
5.2.2 Water Immersion Type
5.2.3 Dry Type
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Onshore
6.2.2 Offshore
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agricultural Submersible Pump Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Agricultural Submersible Pump Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Oil-Immersed Type
9.6.2 Water Immersion Type
9.6.3 Dry Type
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Onshore
9.10.2 Offshore
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Oil-Immersed Type
10.6.2 Water Immersion Type
10.6.3 Dry Type
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Onshore
10.10.2 Offshore
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Oil-Immersed Type
11.6.2 Water Immersion Type
11.6.3 Dry Type
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Onshore
11.10.2 Offshore
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Oil-Immersed Type
12.6.2 Water Immersion Type
12.6.3 Dry Type
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Onshore
12.10.2 Offshore
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Oil-Immersed Type
13.6.2 Water Immersion Type
13.6.3 Dry Type
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Onshore
13.10.2 Offshore
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Agricultural Submersible Pump Market: Competitive Dashboard
14.2 Global Agricultural Submersible Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Grundfos
14.3.2 Franklin Electric
14.3.3 Shimge Pump
14.3.4 Wilo
14.3.5 Mono
14.3.6 Dongyin Pump
14.3.7 Leo
14.3.8 Ebara Pumps
14.3.9 Suprasuny
14.3.10 Cornell Pump
14.3.11 Grundfos
14.3.12 Xylem
14.3.13 Kaiquan Pump
14.3.14 Sulzer
14.3.15 Junhe Pump
14.3.16 Flowserve
14.3.17 CNP
14.3.18 KSB
14.3.19 KBL
14.3.20 Lingxiao Pump
14.3.21 East Pump
