Growth Factors of Sprinkler Irrigation Market
The global sprinkler irrigation market has been experiencing steady growth, driven by the increasing need for efficient water management in agriculture. According ta report by Fortune Business Insights, the market was valued at USD 2.57 billion in 2019 and is projected treach USD 3.23 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 1.78% during the forecast period.
Market Dynamics
The adoption of sprinkler irrigation systems is influenced by several factors, including the rising global population, depleting water resources, and the need for sustainable agricultural practices. Governments and market players are actively promoting the use of these systems tenhance water use efficiency and ensure food security. For instance, in India, the government offers subsidies tencourage farmers tadopt sprinkler irrigation, aiming tconserve water and increase crop yields.
Regional Insights
North America dominated the sprinkler irrigation market, holding a 36.22% share in 2019. This leadership is attributed tlarge landholdings, advanced farming technologies, and the presence of key industry players such as Lindsay Corporation and Valmont Industries. Europe and Asia Pacific follow, with Asia Pacific expected tbe the fastest-growing region due tgovernment initiatives and the increasing adoption of modern irrigation systems in countries like China and India.
System Types and Applications
Sprinkler irrigation systems are categorized intcenter pivot, lateral move, solid sets, and others. The center pivot segment accounted for the largest market share in 2019, owing tits high efficiency and uniform water application, making it suitable for large field crops. These systems are extensively used for crops such as cereals, oilseeds, and pulses, which require precise water distribution.
Technological Advancements
The market is witnessing a shift towards automation and precision agriculture. Farmers are increasingly adopting automated sprinkler systems equipped with mechanized components toptimize water usage and reduce labor costs. Innovations aimed at reducing the initial setup and installation costs are expected tfurther drive the adoption of sprinkler irrigation systems.
Challenges
Despite the benefits, the high initial investment and maintenance costs associated with sprinkler irrigation systems pose challenges, particularly for small-scale farmers in developing economies. Lack of awareness and technical expertise alshinder adoption in certain regions. However, ongoing efforts by governments and organizations tprovide financial assistance and training are expected tmitigate these challenges over time.
Impact of COVID-19
The COVID-19 pandemic has had a mixed impact on the sprinkler irrigation market. While the agriculture sector faced labor shortages due tlockdowns, the reduced labor requirement for operating automated sprinkler systems provided some resilience. However, economic slowdowns in developing countries may affect the number of new installations in the short term.
Future Outlook
The sprinkler irrigation market is poised for steady growth, supported by technological advancements, government initiatives, and the increasing need for water-efficient agricultural practices. As awareness grows and costs decrease, the adoption of sprinkler irrigation systems is expected trise, contributing tsustainable agriculture and water conservation globally.
ATTRIBUTE DETAILS
Study Period - 2016-2027
Base Year - 2019
Forecast Period - 2020-2027
Historical Period - 2016-2018
Unit - Value (USD Million)
Segmentation By Type
- Center Pivot
- Lateral Move
- Solid Sets
- Others
- Stationary
- Towable
- Field Crops
- Orchard Crops
- Landscape & Turf
- Others (Forest Crops, Vegetables, Nursery, and others)
- North America (the U.S., Canada, and Mexico)
- Europe (Spain, Italy, Greece, France, Russia, and the Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, and the Rest of Asia- Pacific)
- South America (Brazil, Argentina, and the Rest of South America)
- Middle East & Africa (South Africa, Saudi Arabia, and the Rest of the MEA)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Emerging Trends
- 4. Key Insights
- 4.1. Overview of the Parent/Related Markets
- 4.1.1. Agriculture Irrigated Area Analysis
- 4.2. Industry SWOT Analysis
- 4.3. Supply Chain Analysis
- 4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- 5. Global Sprinkler Irrigation Market Analysis, Insights and Forecast, 2016-2027
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Type (Value)
- 5.2.1.1. Center Pivot
- 5.2.1.2. Lateral Move
- 5.2.1.3. Solid Sets
- 5.2.1.4. Others
- 5.2.2. By Mobility (Value)
- 5.2.2.1. Stationery
- 5.2.2.2. Towable
- 5.2.3. By Application (Value)
- 5.2.3.1. Field Crops
- 5.2.3.2. Orchard Crops
- 5.2.3.3. Landscape & Turf
- 5.2.3.4. Others
- 5.2.4. By Region (Value)
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. Asia Pacific
- 5.2.4.4. South America
- 5.2.4.5. Middle East & Africa
- 6. North America Sprinkler Irrigation Market Analysis, Insights and Forecast, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Type (Value)
- 6.2.1.1. Center Pivot
- 6.2.1.2. Lateral Move
- 6.2.1.3. Solid Sets
- 6.2.1.4. Others
- 6.2.2. By Mobility (Value)
- 6.2.2.1. Stationery
- 6.2.2.2. Towable
- 6.2.3. By Application (Value)
- 6.2.3.1. Field Crops
- 6.2.3.2. Orchard Crops
- 6.2.3.3. Landscape & Turf
- 6.2.3.4. Others
- 6.2.4. By Country (Value)
- 6.2.4.1. U.S
- 6.2.4.2. Canada
- 6.2.4.3. Mexico
- 7. Europe Sprinkler Irrigation Market Analysis, Insights and Forecast, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Type (Value)
- 7.2.1.1. Center Pivot
- 7.2.1.2. Lateral Move
- 7.2.1.3. Solid Sets
- 7.2.1.4. Others
- 7.2.2. By Mobility (Value)
- 7.2.2.1. Stationery
- 7.2.2.2. Towable
- 7.2.3. By Application (Value)
- 7.2.3.1. Field Crops
- 7.2.3.2. Orchard Crops
- 7.2.3.3. Landscape & Turf
- 7.2.3.4. Others
- 7.2.4. By Country (Value)
- 7.2.4.1. Spain
- 7.2.4.2. Italy
- 7.2.4.3. Greece
- 7.2.4.4. France
- 7.2.4.5. Russia
- 7.2.4.6. Rest of Europe
- 8. Asia-Pacific Sprinkler Irrigation Market Analysis, Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Type (Value)
- 8.2.1.1. Center Pivot
- 8.2.1.2. Lateral Move
- 8.2.1.3. Solid Sets
- 8.2.1.4. Others
- 8.2.2. By Mobility (Value)
- 8.2.2.1. Stationery
- 8.2.2.2. Towable
- 8.2.3. By Application (Value)
- 8.2.3.1. Field Crops
- 8.2.3.2. Orchard Crops
- 8.2.3.3. Landscape & Turf
- 8.2.3.4. Others
- 8.2.4. By Country (Value)
- 8.2.4.1. China
- 8.2.4.2. India
- 8.2.4.3. Japan
- 8.2.4.4. Australia
- 8.2.4.5. Rest of Asia-Pacific
- 9. South America Sprinkler Irrigation Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Type (Value)
- 9.2.1.1. Center Pivot
- 9.2.1.2. Lateral Move
- 9.2.1.3. Solid Sets
- 9.2.1.4. Others
- 9.2.2. By Mobility (Value)
- 9.2.2.1. Stationery
- 9.2.2.2. Towable
- 9.2.3. By Application (Value)
- 9.2.3.1. Field Crops
- 9.2.3.2. Orchard Crops
- 9.2.3.3. Landscape & Turf
- 9.2.3.4. Others
- 9.2.4. By Country (Value)
- 9.2.4.1. Brazil
- 9.2.4.2. Argentina
- 9.2.4.3. Rest of South America
- 10. Middle East & Africa Sprinkler Irrigation Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Type (Value)
- 10.2.1.1. Center Pivot
- 10.2.1.2. Lateral Move
- 10.2.1.3. Solid Sets
- 10.2.1.4. Others
- 10.2.2. By Mobility (Value)
- 10.2.2.1. Stationery
- 10.2.2.2. Towable
- 10.2.3. By Application (Value)
- 10.2.3.1. Field Crops
- 10.2.3.2. Orchard Crops
- 10.2.3.3. Landscape & Turf
- 10.2.3.4. Others
- 10.2.4. By Country (Value)
- 10.2.4.1. South Africa
- 10.2.4.2. Saudi arabia
- 10.2.4.3. Rest of Middle East & Africa
- 11. Competitive Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Global Sprinkler Irrigation Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2019
- 12. Company Profiles
- 12.1. Lindsay Corporation
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Product Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.2. Jain Irrigation Systems Ltd.
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Product Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.3. Rivulis Irrigation Ltd.
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Product Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.4. Rain Bird Corporation
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Product Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.5. Valmont Industries
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Product Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.6. Netafim Limited
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Product Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.7. The Toro Company
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Product Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.8. Reinke Munufacturing Co. Inc.
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Product Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.9. Hunter Industries
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Product Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.10. Nelson Irrigation Corporation
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Product Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 13. Appendix
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