The Latin America Irrigation Water Pumps Market is projected to grow at a CAGR of 3.06% during the forecast period, 2022-27.

1. Latin America Irrigation Water
Pumps Market Research
Report
Forecast (2022-2027)
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4. Market Insights
• The Latin America Irrigation Water Pumps Market is projected to grow at a CAGR of
3.06% during the forecast period, 2022-27. The major factor attributed to the growth of
the market has been rising food security concerns in the countries such as Brazil,
Colombia, Chile, Peru, etc. This, in turn, uplifted the production of crops in the region,
thus positively impacting the demand for irrigation water pumps. The increasing
population, improper irrigation facilities, uncertainty of rain, depleting groundwater
table, etc., are some of the prominent challenges faced by farmers, which has caught-
up the attention of the regional governments to invest massively in the agricultural
sector.

5. In Latin America, the production of coffee, rice, wheat, corn, etc., has been persistently
growing in line with the increasing exports to the countries such as the US, Japan, Germany,
etc. Due to this, the government of the countries such as Colombia, Peru, etc., have been
implementing various irrigation plans to boost crop production. Hence, the rising
government irrigation projects are predicted to drive the irrigation water pumps in the
forecast years.
Key Driver: Governments Irrigation Plans to Support the
Market Growth

6. Market Segmentation of
the Industry
By Type (Submersible Pump, Surface Pumps, Others)
By Application (Pressure Increase, Water Transfer, Retention Lagoons, Others)
By Country (Mexico, Brazil, Argentina, Colombia, Chile, Peru, Rest of Latin America)

7. Competitive Benchmarking
Grundfos, Xylem, KSB, Franklin, CRI Pumps, Torishima Pump Mfg.
Co., Ltd., Ruhrpumpen, Dorot, Ingersoll Rand, Ebara, Zoeller Pump
Company, Others

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