The Asia Pacific region holds the major share of the worldwide Agricultural Pump market among all the regions during the outlook period of 2020 to 2025. The Asia Pacific region is having the major share of the market owing to the initiatives taken by the government towards adopting modern agricultural equipment in the area.
The upsurge in the income of farmers and growing initiatives by the government towards adopting modern agricultural equipment are some of the driving factors that propel the growth of the Agricultural Pump market in the Asia Pacific area.
Another major driving factor in the regional market is the rising adoption of modern techniques of irrigation in developing countries such as China, Japan, and India.
One of the major growth affecting factors in the Asia Pacific Agricultural Pump Market is the lack of technical knowledge and skills, which hinders the growth of the market in the Asia Pacific locale.
The Asia Pacific Agricultural Pump market is segmented on the basis of type, on the basis of material type, on the basis of power source, on the basis of horsepower, on the basis of head size, and on the basis of end-use.
On the basis of type, the Asia Pacific Agricultural Pump market is bifurcated into rotodynamic pumps, centrifugal, mixed flow, axial flow, positive displacement, reciprocating, and rotary. Among these segments, the centrifugal pumps segment holds the major share of the market attributed to its wide application in pumping fluids, cooling, and aeration.
On the basis of material type, the Asia Pacific Agricultural Pump market is segmented into iron, aluminum, bronze, stainless steel.
On the basis of power source, the Asia Pacific Agricultural Pump market is segmented into solar, diesel/petrol, electricity grid connection. Among these, the solar segment holds the major share of the overall market owing to the fact that solar pumps are being provided at subsidized rates to the farmers across China and India.
On the basis of horsepower, the Asia Pacific Agricultural pumps market is bifurcated into 0.5 TO 3, 4 TO 15, 16 TO 30, 31 TO 40, >40 HP.
On the basis of head size, the Asia Pacific Agricultural pumps market is segmented into Up to 1 meter, 1-3-meter, 3-6-meter, 6-10 meters, 10-15 meters, and Above 15 meters.
On the basis of end-users, the Asia Pacific Agricultural pumps market is bifurcated into two types namely irrigation and livestock watering.
The Asia Pacific region holds the major share of the market value of Agricultural Pump among the other regions due to the rising adoption of technology by the major key players especially from China and India, which is also estimated to propel the growth of the market in the Asia Pacific region.
Some of the key players of the Asia Pacific Agricultural Pump Market are Zhejiang Doyin Pump Industry Co. Ltd, Mahindra Epc ltd., Grundfos As, Lindsay Corporation, CRI Groups, KSB SE & Co., Xylem Inc, Ebara Pumps, Valmont Industries Inc., Kirloskar Brothers Limited, Shimge Pump Industry Pvt. Ltd., Franklin Electric Company, Leo Group Pumps (Zhejiang) Co., Ltd., and CNP Pumps India Pvt. Ltd.
COVID-19 Impact on the Asia Pacific Agricultural Pump Market:
Coronavirus has deeply affected the global industries by directly impacting the overall manufacturing and demand, supply chain and market disruption, and its financial impact on several firms and financial markets.
The ongoing situation has become a major threat to the Agricultural Pump market. Most of the companies have already started their manufacturing units since the lockdown has lifted in so many companies with some strict regulations by the government authorities to all the industries to restart their manufacturing units.
As per the analysis, the Agricultural Pump market is supposed to have an impeccable growth rate in the Asia Pacific region in the next few years owing to the initiatives taken by the government towards adopting modern technologies, which drives the growth of the market.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Agricultural Pump Market, By Type
6.1.4 Market Size Estimations & Forecasts (2019-2024)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Agricultural Pump Market, By Downstream Industry
6.2.1 Agricultural Vehicles
6.2.2 Agricultural Machinery
6.2.3 Irrigation Systems
6.2.4 Market Size Estimations & Forecasts (2019-2024)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Type
7.2.3 By Downstream Industry
7.3.1 By Country
18.104.22.168 Rest of Europe
7.3.2 By Type
7.3.3 By Downstream Industry
7.4 Asia Pacific
7.4.1 By Country
22.214.171.124 South Korea
126.96.36.199 South East Asia
188.8.131.52 Australia & NZ
184.108.40.206 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Downstream Industry
7.5 Latin America
7.5.1 By Country
220.127.116.11 Rest of Latin America
7.5.2 By Type
7.5.3 By Downstream Industry
7.6 Middle East and Africa
7.6.1 By Country
18.104.22.168 Middle East
7.6.2 By Type
7.6.3 By Downstream Industry
8. Key Player Analysis
8.1 Shimge Pump Industry Group Co., Ltd
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Xylem Inc
8.3 Shakti Pumps Ltd
8.5 Franklin Electric
8.6 Jain Irrigation Systems
8.7 Valmont Industries
8.8 KSB SE
8.9 Kirloskar Brothers Limited
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures