Global Agricultural Pumps Market 2021-2026

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    GLOBAL AGRICULTURAL PUMPS MARKET

     

    INTRODUCTION

    Pumping systems are critical in delivering energy to fluids in residential, commercial, and agricultural applications. Furthermore, they are widely used in municipal water and wastewater services, as well as industrial services for the food, chemical, petrochemical, pharmaceutical, and mechanical sectors. Groundwater  has  been  a  source  of  irrigation  water  since  ancient  times.  Even  after  the introduction  of  canal  irrigation

     

    infographic: Agricultural Pumps Market, Agricultural Pumps Market Size, Agricultural Pumps Market Trends, Agricultural Pumps Market Forecast, Agricultural Pumps Market Risks, Agricultural Pumps Market Report, Agricultural Pumps Market Share

     

    Agriculture water pumps are the most efficient irrigation machines. They are essential in agriculture because they transport water from the source to the agricultural land. Pumps can be used for a variety of irrigation methods, including drip, sprinkler, and hosepipe irrigation. There are several varieties of fuel-powered water pump devices on the market. Diesel, gasoline, kerosene, and electrically powered water pump devices are just a few examples.

     

    They are chosen depending on the available budget, land size, water source, and power sources. Domestic usage, farm irrigation, agricultural use, submerged pump in fountains, wells, sumps, and other applications are all covered by these water pumps. There are primarily two types of irrigation systems used to provide water to crops. There are two types of irrigation systems: gravity flow irrigation and pressured irrigation. Water is delivered to crops by gravitational forces in a gravity flow irrigation system, and no pumping is required. Water is transported by some external pressure in pressurized irrigation systems, and pumps are an essential component of this system. Its usual applications include tube well irrigation, lift irrigation systems, sprinkler irrigation systems, and drip irrigation systems.

     

    GLOBAL AGRICULTURAL PUMPS MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Farmers respond positively to agricultural pump power policy The new agriculture pump policy, announced on December 18, 2020, is getting a good response across the state. A huge number of farmers have availed this scheme. There are 44.44 lakh agricultural pump consumers in the state having arrears of Rs 45,785 crore. The new scheme will provide a total relief of Rs 30,000 crore. India Better Accessibility and Innovation

     

    GLOBAL AGRICULTURAL PUMPS MARKET DYNAMICS

    Irrigation is one of the techniques that can boost yields, minimize sensitivity to shifting rainfall patterns, and allow for a variety of farming practises. Despite its expansion, land under irrigation still accounts for a small proportion of total cultivated area, particularly in Sub-Saharan Africa, where just 5% of farmland is irrigated. Energy that is affordable, dependable, and ecologically friendly is a critical input for providing irrigation services.

     

    Because of a lack of electricity and the usage of diesel-controlled generators, the growing popularity and widespread acceptance of sunlight-based pumps for water system applications in developed and developing countries is a key factor that is expected to boost the global agricultural pump set market. Additionally, sunlight-powered pumps may generate electricity by utilizing photovoltaic cells, which can also be used in agriculture. One of the elements boosting interest in agricultural pumps established across the world is the growing global population and significant dependency on farming creation.

     

    The increased usage of solar pumps for irrigation in developed and emerging nations, owing to insufficient energy supply and the use of diesel-powered generators, is a significant driver predicted to fuel the worldwide agricultural pump set market. Furthermore, solar pumps may create power using photovoltaic cells, which can then be used in the agricultural sector. Asia Pacific (APAC) is projected to present major possibilities to the agricultural Pump in the near future, owing to the region’s strong economies of India, China, and Japan.

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL AGRICULTURAL PUMPS MARKET

    Agricultural technology is rapidly evolving. Farm machinery, farm structures, and production facilities are continuously being upgraded. There are various agricultural applications that are appropriate for photovoltaic (PV) systems. These applications include a combination of individual installations and systems built by utility companies where it has been determined that a PV solution is the optimum option for a remote agricultural demand, such as water pumping for crops or cattle.

     

    solar pumping  technology  has  been  deployed  for  decades, recent cost reductions and increasing awareness of the potential benefits of this technology, has compelled a growing number of countries to launch programmes to accelerate its deployment. During the day, the electric current created by the PV panels charges the batteries, and the batteries, in turn, give power to the pump whenever water is required. The usage of batteries stretches out the pumping over a longer length of time by supplying a constant operating voltage to the pump’s DC motor. As a result, even throughout the night and low light hours, the system can provide a consistent source of water for cattle.

     

    There has been improvised usage of wireless technologies to have better reliability. The use of automation to control an electrical motor or pump in the agricultural sector is the major focus. Agriculture is a field job by definition, therefore the gadgets utilized are sparsely scattered. Farmers find it challenging to handle and operate these gadgets in real time as a result. The introduction of numerous wireless communication systems with lower running costs as well as interactive protocols. The adoption of the GSM communication technology expands the system’s working range. The proposed model enables to control the field devices over a wireless link which is GSM based and can read signals from sensors connected in the field and can send the sensed electrical parameters of the motor or pump to an Android device.

     

    COMPETITIVE LANDSCAPE

    Industry invests much in research and development in the larger field of seed treatments, and most of this technology is private. Many biological seed treatments are being researched and commercialized for use as pesticides and bio stimulants. However, it is beyond the scope of this book to critically evaluate the qualities and efficacy of these biologicals, despite the fact that they are commercially employed.

     

    Xylem has been involved in development of the latest class of flow pumps for agricultural purposes. The Horizontal Axial Flow Pumps are part of the most recent development which are focused on provisioning flow rates as high as 500,000 Gallon per minute. The major advantage of this type of pump is that the rotating element sits “high and dry” away from the corrosive effects of the pumped water when pump is not in use. Thus the horizontal design offers longer lifetime compared to vertically installed pumps. Split casing allows shipping the pump in lower weight pieces reducing the need for a bigger crane, therefore lowering the cost of construction and transportation. It also plays a multi-dimensional role of Flood Control element.

     

    Grundfos Systems is involved in developing the recent innovation in the Submersible class of irrigation pumps. The Grundfos SP are submersible borehole pumps, designed for pumping groundwater. Grundfos SP are all stainless-steel pumps, and they are available in 3 material grades. The pumps are suitable for boreholes in sizes ranging from 4″ over 6″ and 8″ to 10″. It delivers optimum efficiency during periods of high demand, ensuring low long-term costs and high operating reliability. The pumps are suitable for a variety of applications, including groundwater supply to waterworks, irrigation, groundwater lowering, pressure boosting, and industrial applications.

     

    COMPANIES PROFILED

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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