Irrigation Equipment Market by Component (Tubing, Sprinklers, Emitter, Drippers, Pumping, Filters, Connectors, Sensors, Regulators), Irrigation Type (Drip, Sprinkler, Pivot Irrigation), Application (Agricultural, Non-agricultural) - Global Forecast to 203

Irrigation Equipment Market by Component (Tubing, Sprinklers, Emitter, Drippers, Pumping, Filters, Connectors, Sensors, Regulators), Irrigation Type (Drip, Sprinkler, Pivot Irrigation), Application (Agricultural, Non-agricultural) - Global Forecast to 2031

Irrigation Equipment Market by Component (Tubing, Sprinklers, Emitter, Drippers, Pumping, Filters, Connectors, Sensors, Regulators), Irrigation Type (Drip, Sprinkler, Pivot Irrigation), Application (Agricultural, Non-agricultural)-Global Forecast to 2031

According to the research report titled ‘Irrigation Equipment Market by Component (Tubing, Sprinklers, Emitter, Drippers, Pumping, Filters, Connectors, Sensors, Regulators), Irrigation Type (Drip, Sprinkler, Pivot Irrigation), Application (Agricultural, Non-agricultural)-Global Forecast to 2031,’ the irrigation equipment market is projected to reach $15.75 billion by 2031, at a CAGR of 9.3% from 2024 to 2031. The report provides an in-depth analysis of the irrigation equipment market across five major geographies, current market trends, size, and recent developments, and the forecast for 2031.

Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and challenges.

The growth of the irrigation equipment market is driven by increasing water scarcity, government initiatives for water conservation, and the growing need to mechanize agricultural operations. However, the high costs of implementing and maintaining advanced agricultural irrigation equipment restrain the growth of this market.

Furthermore, technological advancements in irrigation equipment and increasing automation in irrigation systems are expected to generate growth opportunities for the stakeholders in this market. However, the lack of awareness regarding advanced irrigation technologies is a major challenge impacting the market’s growth.

Additionally, the increasing adoption of precision farming techniques and the emergence of Irrigation as a Service (IaaS) are prominent trends in the irrigation equipment market.

Key Players

The key players operating in the global irrigation equipment market are The Toro Company (U.S.), Jain Irrigation Systems Limited (India), Netafim Ltd. (Israel), Valmont Industries, Inc. (U.S.), Lindsay Corporation (U.S.), Hunter Industries Inc (U.S.), Rain Bird Corporation (U.S.), T-L Irrigation Company (U.S.), Reinke Manufacturing Co., Inc. (U.S.), Rivulis Irrigation Ltd. (Israel), Nelson Irrigation Corporation (U.S.), Irritec S.p.A (Italy), Chinadrip Irrigation Equipment (Xiamen) Co., Ltd. (China), and Galcon Bakarim Agricultural Cooperative Society Ltd. (Israel).

Based on component, the global irrigation equipment market is segmented into tubing, emitter/drippers, irrigation valves, filters, sprinklers, irrigation controllers, sensors, pumping, connectors, pressure regulators, monitoring & controlling devices, and other components. In 2024, the tubing segment is expected to account for the largest share of the global irrigation equipment market.

The segment’s large share is attributed to the increasing uptake of drip and sprinkler irrigation techniques, supportive governmental policies, ongoing advancements in tubing technology, and the lack of viable substitutes for tubing in irrigation systems. Moreover, this segment is also slated to register the highest CAGR during the forecast period of 2024–2031.

Based on irrigation type, the irrigation equipment market is mainly segmented into drip irrigation, sprinkler irrigation, pivot irrigation, and other irrigation types. In 2024, the drip irrigation segment is expected to account for the largest share of the global irrigation equipment market. The segment’s large market share is attributed to several factors, including technological advances in drip irrigation systems, increasing acceptance of advanced agricultural practices, and escalating product launches by key market players. Moreover, this segment is also projected to register the highest CAGR during the forecast period of 2024–2031.

Based on application, the global irrigation equipment market is primarily segmented into agricultural irrigation equipment and non-agricultural irrigation equipment. In 2024, the agricultural irrigation equipment segment is expected to account for the larger share of the global irrigation equipment market. The segment’s large market share can be attributed to the expanding agricultural land area, the uptake of advanced irrigation methods in farming, escalating water scarcity issues in agriculture, and the presence of numerous suppliers of agricultural irrigation equipment. Additionally, advancements in agricultural technologies and governmental efforts aimed at promoting sustainable agricultural practices are further expected to support the growth of this segment during the forecast period of 2024–2031.

An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the five major geographies (Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. North America is expected to witness significant growth during the forecast period of 2024–2031, mainly driven by the increasing adoption of autonomous and precision irrigation solutions, driven by advancements in technology and the integration of global positioning systems (GPS) into irrigation equipment. Moreover, in Canada, Brazil is slated to register the highest CAGR during the forecast period of 2024–2031.

Key Questions Answered in the Report:

What is the value of revenue generated by the irrigation equipment market?
At what rate is the global demand for irrigation equipment projected to grow for the next 5-7 years?
What is the historical market size and growth rate for the irrigation equipment market?
What are the major factors impacting the growth of this market at global and regional levels?
What are the major opportunities for existing players and new entrants in the market?
Which component, irrigation type, and application segments create major traction for the manufacturers in this market?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the irrigation equipment market?
Who are the major players in the irrigation equipment market? What are their specific product offerings in this market?
What recent developments have taken place in the irrigation equipment market? What impact have these strategic developments created on the market?

Scope of the Report:

Global Irrigation Equipment Market Assessment—by Components

Tubing
Sprinklers
Emitter/Drippers
Pumping
Irrigation Valves
Filters
Connectors
Irrigation Controllers
Sensors
Monitoring & Controlling Devices
Pressure Regulators
Other Components

Global Irrigation Equipment Market Assessment—by Irrigation Type

Drip Irrigation
Sprinkler Irrigation
Pivot Irrigation
Other Irrigation Types

Global Irrigation Equipment Market Assessment—by Application

Agricultural Irrigation Equipment
Open-field Agriculture
Cereals & Grains
Fruits & Vegetables
Oilseeds & Pulses
Other Crop
Closed-field Agriculture
Non-agricultural Irrigation Equipment
Golf Courses & Sports Grounds
Commercial Areas
Residential Areas

Global Irrigation Equipment Market Assessment—by Geography

Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
North America
U.S.
Canada
Europe
France
Germany
Italy
U.K.
Spain
Rest of Europe
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa

Global Irrigation Equipment Market - Report Summary

Report Metrics	Details
Years Considered	2022 - 2031
Base Year	2023
Forecast Period	2023-2031
Page Count	241
Units Referenced	Market by Components, Irrigation Type, Application, Geography
Segments/Key Topics	By Product Type, By Application Type, By Vehicle Type, and Region
Regions Covered	Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa
Key Companies Mentioned	The Toro Company (U.S.), Jain Irrigation Systems Limited (India), Netafim Ltd. (Israel), Valmont Industries, Inc. (U.S.), Lindsay Corporation (U.S.), Hunter Industries Inc (U.S.), Rain Bird Corporation (U.S.), T-L Irrigation Company (U.S.), Reinke Manufacturing Co., Inc. (U.S.), Rivulis Irrigation Ltd. (Israel), Nelson Irrigation Corporation (U.S.), Irritec S.p.A (Italy), Chinadrip Irrigation Equipment (Xiamen) Co., Ltd. (China), and Galcon Bakarim Agricultural Cooperative Society Ltd. (Israel).

FAQs About the Report

What is Irrigation Equipment?

Irrigation refers to the application of water to the soil through various systems. Irrigation equipment encompasses various components, including tubing, sprinkler, emitter/drippers, irrigation valves, filters, irrigation controllers, sensors, pumping, connectors, pressure regulators, and monitoring & controlling devices used in several irrigation systems, such as drip irrigation, sprinkler irrigation, pivot irrigation, furrow irrigation, and terraced irrigation. They are specifically designed to meet the water requirements of different crops and plants while minimizing water waste. These components enhance efficiency and productivity by providing the precise water requirements for each crop.

The global irrigation equipment market refers to the sales revenues of all components at the producer/manufacturer level. The global irrigation equipment market study provides valuable insights, dynamics, and the market size and forecast in terms of value segmented by type, component, application, and geography.

What is the current revenue value generated by the global irrigation equipment market? At what rate is the global irrigation equipment market projected to grow in the next 5–7 years?

The global irrigation equipment market is projected to reach $15.75 billion by 2031, at a CAGR of 9.3% during the forecast period of 2024–2031.

Which irrigation type segment showcases high growth opportunities for players in the irrigation equipment?

The drip irrigation segment is projected to register the highest CAGR during the forecast period of 2024–2031.

Which is the high-growth application segment of the irrigation equipment market?

The agricultural irrigation equipment segment is expected to witness the fastest growth during the forecast period of 2024–2031 in the global irrigation equipment market.

What are the key factors driving the growth of the irrigation equipment market? What are the major opportunities for existing market players and new entrants in the market?

The increasing water scarcity, government initiatives for water conservation, and the growing need to mechanize agricultural operations are the major drivers for the global irrigation equipment market. Furthermore, the technological advancements in irrigation equipment and increasing automation in irrigation systems are market growth opportunities for the stakeholders (key players and new entrants) operating in this market.

What are the key factors restraining the growth of the irrigation equipment market?

The high costs of implementing and maintaining advanced agricultural irrigation equipment are restraining the growth of the irrigation equipment market.

Who are the major players operating in the global irrigation equipment market?

The Toro Company (U.S.), Jain Irrigation Systems Limited (India), Netafim Ltd. (Israel), Valmont Industries, Inc. (U.S.), Lindsay Corporation (U.S.), Hunter Industries Inc (U.S.), Rain Bird Corporation (U.S.), T-L Irrigation Company (U.S.), Reinke Manufacturing Co., Inc. (U.S.), Rivulis Irrigation Ltd. (Israel), Nelson Irrigation Corporation (U.S.), Irritec S.p.A (Italy), Chinadrip Irrigation Equipment (Xiamen) Co., Ltd. (China), and Galcon Bakarim Agricultural Cooperative Society Ltd. (Israel).

Which regions/countries are expected to witness significant demand for irrigation equipment use in the coming years

Asia-Pacific is expected to account for the largest market share, mainly due to the rising inclination towards mechanization and precision irrigation, government initiatives aimed at conserving water, increasing water scarcity, and the rising per capita incomes of farmers in the region. Furthermore, the availability of loans and subsidies for purchasing irrigation equipment drives the growth of this regional market. However, North America is slated to register the highest CAGR from 2024–2031.