Market Overview:
The global agricultural submersible water 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 owing to the growing population, and rising income levels in developing countries. In addition, technological advancements in agricultural pumps are also contributing to the growth of this market. The global agricultural submersible water 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 and dry type. The oil-immersed type segment dominates this market due to its high efficiency and durability as compared to other types of pumps available in the market. On the basis of application, it is classified into irrigation, spray and other applications such as livestock farming or aquaculture farming etcetera).
Product Definition:
An agricultural submersible water pump is a device used to move water from one location to another. It is typically used in agriculture to move irrigation water from a reservoir or pond to crops, or to move wastewater from an animal pen or barnyard back into the environment.
Oil-Immersed Type:
Oil-immersed type is a submersible pump used for lifting liquid in which the pump mechanism is completely enclosed by an oil bath. It works on the principle of hydrostatics where a sealed motor driven system draws its source of energy from an external power source. The working fluid can be either air or oil, however water based systems use water as the working medium and are therefore called hydrophilic pumps.
Water Immersion Type:
Water immersion type is a submersible water pump used to raise water from a depth of 1.5 meters to an elevated position. It can be used in both horizontal and vertical positions for applications such as irrigation, cleaning, and others.
Application Insights:
Based on the application, the global agricultural submersible water pump market is segmented into irrigation, spray, and others. The irrigation segment dominated the overall market in terms of revenue share in 2017. This high share is attributable to increasing demand for crop production across various regions coupled with technological advancements that have led to increased adoption of these pumps among farmers.
The rising importance of crop productivity has resulted in an increased focus by governments across various countries toward improving soil quality and increasing yield through techniques such as precision agriculture. Precision agriculture necessitates advanced tools including tillage equipment along with a well-developed water infrastructure since it relies heavily on consistent delivery of water at precise intervals throughout each cultivation cycle for effective plant growth maintenance resulting in higher adoption rates among farmers globally which subsequently drives product demand globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for agricultural machinery, owing to rising disposable income of farmers. Moreover, growing population and rapid urbanization have resulted in increased food demand, which is anticipated to drive product adoption across this region.
The Asia Pacific regional market was followed by Europe with a share of 24%. Countries such as Spain are among major contributors towards industry growth due to increasing adoption rates of modern technologies such as AGD products for irrigation purposes. North America accounted for a significant share owing to high awareness levels regarding advanced water management solutions among U.S.
Growth Factors:
- Increasing demand for food owing to the growing population
- Rising awareness about the benefits of using agricultural submersible water pump
- Technological advancements in agricultural submersible water pump
- Government initiatives and subsidies for promoting the use of agricultural submersible water pump
- Growing demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Agricultural Submersible Water Pump Market Research Report
By Type
Oil-Immersed Type, Water Immersion Type, Dry Type, Other
By Application
Irrigation, Spray, Other
By Companies
Grundfos, Franklin Electric, Shimge Pump, Wilo, Mono, Dongyin Pump, Leo, Ebara Pumps, Suprasuny, Cornell Pump, Dayuan Pump, 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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Agricultural Submersible Water Pump Market Report Segments:
The global Agricultural Submersible Water 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
Irrigation, Spray, Other
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
- Dayuan Pump
- Xylem
- Kaiquan Pump
- Sulzer
- Junhe Pump
- Flowserve
- CNP
- KSB
- KBL
- Lingxiao Pump
- East Pump
Highlights of The Agricultural Submersible Water 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:
- Irrigation
- Spray
- Other
- 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 Water 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.
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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 water pump is a device used to move water through the ground. It is typically powered by an engine, and it can be used to irrigate crops or fill reservoirs.
Some of the major players in the agricultural submersible water pump market are Grundfos, Franklin Electric, Shimge Pump, Wilo, Mono, Dongyin Pump, Leo, Ebara Pumps, Suprasuny, Cornell Pump, Dayuan Pump, Xylem, Kaiquan Pump, Sulzer, Junhe Pump, Flowserve, CNP, KSB, KBL, Lingxiao Pump, East Pump.
The agricultural submersible water 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 Water 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 Water Pump Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Agricultural Submersible Water 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 Water 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 Water Pump Market Size & Forecast, 2018-2028 4.5.1 Agricultural Submersible Water Pump Market Size and Y-o-Y Growth 4.5.2 Agricultural Submersible Water Pump Market Absolute $ Opportunity
Chapter 5 Global Agricultural Submersible Water Pump 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 Agricultural Submersible Water Pump 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 Agricultural Submersible Water Pump 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 Agricultural Submersible Water Pump Market Size Forecast by Applications
6.2.1 Irrigation
6.2.2 Spray
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agricultural Submersible Water 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 Water 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 Agricultural Submersible Water Pump Analysis and Forecast
9.1 Introduction
9.2 North America Agricultural Submersible Water Pump 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 Agricultural Submersible Water Pump 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 Agricultural Submersible Water Pump Market Size Forecast by Applications
9.10.1 Irrigation
9.10.2 Spray
9.10.3 Other
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 Agricultural Submersible Water Pump Analysis and Forecast
10.1 Introduction
10.2 Europe Agricultural Submersible Water Pump 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 Agricultural Submersible Water Pump 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 Agricultural Submersible Water Pump Market Size Forecast by Applications
10.10.1 Irrigation
10.10.2 Spray
10.10.3 Other
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 Agricultural Submersible Water Pump Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Agricultural Submersible Water Pump 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 Agricultural Submersible Water Pump 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 Agricultural Submersible Water Pump Market Size Forecast by Applications
11.10.1 Irrigation
11.10.2 Spray
11.10.3 Other
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 Agricultural Submersible Water Pump Analysis and Forecast
12.1 Introduction
12.2 Latin America Agricultural Submersible Water Pump 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 Agricultural Submersible Water Pump 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 Agricultural Submersible Water Pump Market Size Forecast by Applications
12.10.1 Irrigation
12.10.2 Spray
12.10.3 Other
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) Agricultural Submersible Water Pump Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Agricultural Submersible Water Pump 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) Agricultural Submersible Water Pump 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) Agricultural Submersible Water Pump Market Size Forecast by Applications
13.10.1 Irrigation
13.10.2 Spray
13.10.3 Other
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 Water Pump Market: Competitive Dashboard
14.2 Global Agricultural Submersible Water 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 Dayuan Pump
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