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Rise in adoption of solar pumps for irrigation purposes is expected to drive the growth of global agriculture pumps marketAccording to TechSci Research report, “Global Agriculture Pumps Market By Type (Rotodynamic Pumps, Centrifugal, Mixed Flow, Axial Flow, Positive Displacement, Reciprocating, Rotary), By Material Type (Iron, Bronze, Aluminium, Stainless Steel and Other), By Power Source (Electricity Grid-Connection, Diesel/Petrol, Solar), By Horsepower (0.5 TO 3, 4 TO 15, 16 TO 30, 31 TO 40, >40 HP), By Head Size (Up to 1 meter, 1-3 meter, 3-6 meter, 6-10 meter, 10-15 meter, Above 15 meter), By End-Use (Irrigation, Livestock Watering), By Region, Competition, Forecast & Opportunities, 2025”, global agriculture pumps market is expected to witness significant CAGR during the forecast period.Increasing global population accounts for large dependency on agriculture production, which is one of the major factors accounting for the growth of global agriculture pumps market.Also, growing use of big data in agricultural sector, is further making headway for the growth of global agriculture pumps market.Furthermore, there are some factors that might act as major impediments to the growth of global agriculture pumps market through the forecast period such as lack of technical knowledge and skills.Based on end-use, the market can be bifurcated into irrigation and livestock watering.This is projected to positively impact the growth of segment over the coming years.Grundfos As, Lindsay Corporation, Valmont Industries Inc., Kirloskar Brothers Limited, Shimge Pump Industry Pvt.
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