Latin America Irrigation Water Pumps Market Overview: 2022-2027
Base Year: 2021
Historical Years: 2017-20
Forecast Years: 2022-2027
The Latin America Irrigation Water Pumps Market is projected to grow at a CAGR of 3.06% during the forecast period, 2022-27. The Latin America Irrigation Water Pumps Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisorβs Latin America Irrigation Water Pumps Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Latin America Irrigation Water Pumps Market drivers, barriers, Latin America Irrigation Water Pumps Market Trends, and Key Players in Latin America Irrigation Water Pumps Market.
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Latin America Irrigation Water Pumps Market Dynamics: 2022-2027
Market Dynamics:
Key Driver: Governments Irrigation Plans to Support the Market Growth
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.
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Latin America Irrigation Water Pumps Market (2022-30): Segmentation Outlook
The market report has segmented the market into the following categories:
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.
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Top Companies Operating in the Latin America Irrigation Water Pumps Market:
Grundfos, Xylem, KSB, Franklin, CRI Pumps, Torishima Pump Mfg. Co., Ltd., Ruhrpumpen, Dorot, Ingersoll Rand, Ebara, Zoeller Pump Company, Others.
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