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

Latin America Irrigation Water Pumps 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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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Latin America Irrigation Water Pumps Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2021

-Historical Period: 2017 to 2020

-Forecast Period: 2022-27

• 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

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Grundfos, Xylem, KSB, Franklin, CRI Pumps, Torishima Pump Mfg. Co., Ltd., Ruhrpumpen, Dorot, Ingersoll Rand, Ebara, Zoeller Pump Company, Others

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