Market Forecast by Countries (United States, Canada), By Type (Rotodynamic Pumps, Positive Displacement Pumps), By Power Source (Electricity-grid Connection, Diesel/Petrol, Solar), By End Use (Irrigation, Livestock Watering) And Competitive Landscape
Product Code: ETC4624205 | Publication Date: Jul 2023 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Agricultural Pumps Market |
Forecast Period | 2025-2031 |
Market Size | USD 500-600 million by 2031 |
CAGR | 6.3% |
Growing Sector | Agriculture |
North America Agricultural Pumps Market report thoroughly covers the market By Countries, By Type, By Power Source, and By End Use. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America Agricultural Pumps Market is witnessing steady growth, driven by the increasing demand for efficient water management solutions in agriculture. The market is estimated to be valued at around USD 500-600 million by 2031 and will register a CAGR of 6.3% during the forecast period.
North America Agricultural Pumps Market is witnessing a significant surge due to the increasing need for modern agricultural practices amidst growing food security concerns. With diverse climatic conditions and vast arable lands, the demand for efficient irrigation systems is on the rise, propelling the agricultural pumps market forward. The market trends indicate a robust inclination towards solar-powered pumps, driven by cost-effectiveness and sustainability goals. Additionally, government initiatives aimed at bolstering agricultural productivity are further proliferating the North America Agricultural Pumps Market Growth, making agricultural pumps an indispensable tool for North American farmers striving toward agricultural modernization and increased crop yields.
According to 6Wresearch, the North America Agricultural Pumps Market size is anticipated to reach a CAGR of 6.3% during the forecast period of 2025-2031. The market is poised for significant growth, fueled by several key factors including the increasing adoption of modern agricultural practices, government initiatives to support farming communities, and a growing awareness among farmers about the efficiency benefits of using agricultural pumps. This growth is further bolstered by the emergence of solar-powered pumps, which align with the increasing focus on sustainable and eco-friendly farming practices across the continent.
However, the market faces restraints such as high initial investments required for advanced pump systems and the lack of awareness in some rural areas about the benefits of such technology. Nonetheless, the rising demand for food due to the continent's growing population and the subsequent need for enhanced agricultural productivity present substantial opportunities for the expansion of the agricultural pumps market in North America. These emerging opportunities, coupled with efforts to overcome existing challenges, are set to shape the future trajectory of the market, promising improved agricultural outcomes, and increased economic benefits for the farming sector.
One of the major trends observed in the North America Agricultural Pumps Market is the increasing adoption of solar-powered pumps. As concerns about climate change and sustainability continue to grow, farmers are looking for more eco-friendly alternatives to traditional pump systems. Solar-powered pumps offer a cost-effective and sustainable solution by utilizing renewable energy sources such as sunlight, reducing dependence on electricity or fuel-powered pumps. This trend is expected to continue as governments and organizations promote sustainable agriculture practices and incentivize the use of solar-powered pumps.
The North America Agricultural Pumps Market presents several investment opportunities for both local and international players. With the increasing demand for efficient irrigation systems, there is a growing need for innovative and technologically advanced pump solutions. This opens up avenues for investments in research and development to develop new and improved agricultural pump systems. Additionally, partnerships with local distributors and suppliers can help companies expand their market reach and cater to the specific needs of different regions within North America.
Moreover, the region also offers potential for investments in manufacturing facilities to produce cost-effective solar-powered pumps that align with the sustainability goals of governments and organizations in North America. Furthermore, collaborations with government bodies to promote the adoption of modern agricultural practices could present significant growth opportunities in the region.
The government have initiated policies and schemes to improve agricultural productivity and sustainability. For instance, subsidies for agricultural inputs, including irrigation pumps, and training for farmers on efficient water management techniques are some of the measures introduced. These policies are designed to encourage the adoption of modern farming practices, enhance food security, and promote the growth of the agricultural sector. For instance, the governments are supporting farmers is through subsidies on agricultural inputs, including irrigation pumps. These subsidies reduce the cost of purchasing pumps, making them more accessible to small-scale farmers who often face financial constraints. For example, in Malawi, the Farm Input Subsidy Program (FISP) provides subsidies on irrigation pumps to smallholder farmers.
The North America agricultural pumps industry is supported by a mix of local and international manufacturers. Key players include Grundfos, KSB SE & Co. KGaA, and Xylem Inc., alongside emerging local manufacturers that are starting to make significant strides. These companies are innovating in terms of energy efficiency, affordability, and adaptability to the diverse agricultural needs of the North American continent.
The North America agricultural pumps market is poised for substantial growth, driven by increasing demand for food, focus on agricultural modernization, and supportive government policies. Additionally, the integration of solar-powered pumps and smart technologies for precision agriculture present significant growth opportunities, potentially transforming farming practices across the continent. With the right investments in research and development, technology transfer, and sustainable water management practices, the North American agricultural pumps market has the potential to become a global leader in providing efficient and sustainable solutions for irrigation and farming.
The report offers a comprehensive study of the subsequent market segments and their leading categories
The United States dominates the North America Agricultural Pumps Market, accounting for a significant share of the total market revenue. The country's strong economy and well-established agriculture sector are driving factors for this dominance. However, Canada also holds considerable potential due to its vast arable land and growing focus on sustainable agriculture practices.
According to Dhaval, Research Manager, 6Wresearch, rotodynamic pumps are witnessing significant growth owing to their efficiency in large agricultural operations and the flexibility they offer in terms of installation and operation.
By Power Source, Solar segment currently dominates the North America Agricultural Pumps Market Share during the forecast period due to the abundance of sunlight in North America, the dropping costs of solar technology, and the growing emphasis on sustainable and renewable energy sources.
The livestock watering segment is expected to witness steady growth due to the rising importance of animal husbandry in North America's agricultural sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Agricultural Pumps Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Agricultural Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 North America Agricultural Pumps Market - Industry Life Cycle |
3.4 North America Agricultural Pumps Market - Porter's Five Forces |
3.5 North America Agricultural Pumps Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Agricultural Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 North America Agricultural Pumps Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.8 North America Agricultural Pumps Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 North America Agricultural Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Agricultural Pumps Market Trends |
6 North America Agricultural Pumps Market, 2021 - 2031 |
6.1 North America Agricultural Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2 North America Agricultural Pumps Market, Revenues & Volume, By Power Source, 2021 - 2031 |
6.3 North America Agricultural Pumps Market, Revenues & Volume, By End Use, 2021 - 2031 |
7 United States Agricultural Pumps Market, 2021 - 2031 |
7.1 United States Agricultural Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 United States Agricultural Pumps Market, Revenues & Volume, By Power Source, 2021 - 2031 |
7.3 United States Agricultural Pumps Market, Revenues & Volume, By End Use, 2021 - 2031 |
8 Canada Agricultural Pumps Market, 2021 - 2031 |
8.1 Canada Agricultural Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 Canada Agricultural Pumps Market, Revenues & Volume, By Power Source, 2021 - 2031 |
8.3 Canada Agricultural Pumps Market, Revenues & Volume, By End Use, 2021 - 2031 |
9 North America Agricultural Pumps Market Key Performance Indicators |
10 North America Agricultural Pumps Market - Opportunity Assessment |
10.1 North America Agricultural Pumps Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Agricultural Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
10.3 North America Agricultural Pumps Market Opportunity Assessment, By Power Source, 2021 & 2031F |
10.4 North America Agricultural Pumps Market Opportunity Assessment, By End Use, 2021 & 2031F |
11 North America Agricultural Pumps Market - Competitive Landscape |
11.1 North America Agricultural Pumps Market Revenue Share, By Companies, 2024 |
11.2 North America Agricultural Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |