According to a market report by Lucintel, the future of the agricultural pump market in Japan looks promising with opportunities in the applications. The agricultural pump market in Japan is expected to reach an estimated $9.5 billion by 2031 with a CAGR of 7.5% from 2025 to 2031. The major drivers for this market are the growing adoption of modern techniques of irrigation in developing countries, the rise in government support toward the adoption of modern agricultural equipment, and the increasing popularity of organic farming.
A more than 150-page report to understand trends, opportunity and forecast in agricultural pump market in Japan to 2031 by type (rotodynamic pumps and positive displacement pumps), power source (electricity grid-connection, diesel/petrol, and solar), and end use (irrigation and livestock watering).
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Lucintel forecasts that, within the type category, rotodynamic pumps are expected to witness higher growth over the forecast period due to the rising adoption of modern techniques for irrigation in developing countries.
Within the end use category, irrigation will remain the larger segment due to expanding area being put under irrigation, and the demand for irrigation-specific pumps is rising.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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