At 4.8% CAGR, the North America Chopper Pumps Market is Projected to be worth US$ 372.99 million by 2030, says Business Market Insights

According to Business Market Insights research, the North America chopper pumps market was valued at US$ 257.22 million in 2022 and is expected to reach US$ 372.99 million by 2030, registering a CAGR of 4.8% from 2022 to 2030. Increasing application of chopper pumps in agricultural sector and growing use of chopper pumps in wastewater treatment are among the critical factors attributed to the North America chopper pumps market expansion.               

Chopper pumps are widely used to transport solids-laden water from agricultural waste. The nature of waste from the agricultural sector is changing; more chemicals and advanced materials are in use for better crop production to meet the growing demand. With the more advanced nature of produced waste from agricultural land, the demand for high-end pumps to manage this waste is also growing. The rising demand for cutting-edge pumps from the agricultural sector is fueling the growth of the North America chopper pumps market. Submersible chopper pumps are mostly used in the agriculture sector for irrigation purposes. The high durability and capacity to manage highly concentrated wastes have been major features that made chopper pumps suitable for large-scale agricultural activities. Growing digitalization and rising need for fast process-driven products are major factors boosting the application of chopper pumps in the agricultural sector.  

On the contrary, high cost of maintenance hurdles the growth of North America chopper pumps market.

Based on type, the North America chopper pumps market is segmented into submersible chopper pump, cantilever chopper pump, vertical dry pit chopper pump, self-priming chopper pump, end suction chopper pump, and vertical wet well chopper pump. The submersible chopper pump segment held 31.6% share of North America chopper pumps market in 2022, amassing US$ 81.20 million. It is projected to garner US$ 128.68 million by 2030 to expand at 5.9% CAGR during 2022–2030.

Based on end user, the North America chopper pumps market is segmented into agriculture, food and beverages, water and wastewater treatment plant, chemical and petrochemical, and others. The water and wastewater treatment plant segment held 40.2% share of North America chopper pumps market in 2022, amassing US$ 103.29 million. It is projected to garner US$ 148.76 million by 2030 to expand at 4.7% CAGR during 2022–2030.

Based on country, the North America chopper pumps market is segmented into the US, Canada, Mexico. Our regional analysis states that the US captured 74.9% share of North America chopper pumps market in 2022. It was assessed at US$ 192.75 million in 2022 and is likely to hit US$ 286.08 million by 2030, exhibiting a CAGR of 5.1% during 2022–2030.  

Key players operating in the North America chopper pumps market are Cornell Pump Co; Crane Pumps & Systems Inc; Cri-Man SpA; EDDY Pump Corp; Landia AS; Sulzer Ltd; T-T Pumps Ltd; Vaughan Co Inc; WAMGROUP SpA; and Xylem Inc, among others.

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