Sprinkler Irrigation Systems Market Overview
sprinkler irrigation, water is sprinkled on the agricultural land and crops, similar to rainfall. The global sprinkler irrigation systems market is anticipated to touch USD 3.91 billion by 2030 and is anticipated to expand at a CAGR of 3.64% during the forecast period. These systems have gained popularity among the farmers owing to the uniform application of water to the crops, which increases the yield. Growing concerns regarding water scarcity are encouraging the use of these systems, which, in turn, is driving the growth of the sprinkler irrigation systems market. Moreover, governments in various countries are undertaking activities to promote water management, which is contributing to the growth of the global sprinkler irrigation systems market.
On the basis of type, the global sprinkler irrigation systems market has been segmented into center pivot, lateral move, solid set, and others. The center pivot segment accounted for a dominant share of the global market in 2021. Labor requirement is less in center pivot irrigation, which is fueling the growth of the segment. However, the solid set segment is projected to expand at the highest CAGR during the forecast period. Ease and widespread application of water through solid set is projected to boost its growth. Moreover, the growing demand for solid sets in developing countries is anticipated to boost the growth of the segment in the coming years.
By crop type, the global sprinkler irrigation systems market has been segregated into cereals, oilseeds and pulses, fruits and vegetables, and others. The cereals segment is estimated to dominate the market in 2021 owing to the large-scale production of cereals across the globe. However, the oilseeds and pulses segment is projected to exhibit the highest CAGR during the forecast period due to increasing demand for oilseeds.
In terms of mobility, the global sprinkler irrigation systems market has been bifurcated into stationary and towable. The stationary segment is estimated to dominate the market in 2021 owing to the widespread use of traditional stationary sprinkler irrigation systems across the globe. However, the towable segment is expected to exhibit the highest CAGR during the forecast period due to their convenience. The towable sprinkler irrigation systems eliminate the need to farm around the sprinkler risers, which increases the adoption of towable sprinkler irrigation systems.
Regional Analysis
In term of region, the global sprinkler irrigation systems market has been segregated into North America, Europe, Asia-Pacific, and the rest of the world.
North America is expected to dominate the global sprinkler irrigation systems market owing to the high adoption rate of sprinkler irrigation systems by farmers. In North America, the US is projected to hold a major market share. Growing concerns about water scarcity in various European countries is majorly contributing to the growth of the sprinkler irrigation systems market in the region. However, the market Asia-Pacific is projected to exhibit the highest CAGR during the forecast period. Various government initiatives to promote sprinkler irrigation systems, especially in developing countries of the region, are expected to drive the growth of the market in Asia-Pacific.
Key Players
Key players in the global sprinkler irrigation systems market outlook are Lindsay Corporation (US), Valmont Industries Inc. (US), Jain Irrigation Systems Ltd. (India), Rivulis (Israel), Netafim Limited (Israel), The Toro Company (US), Rinke Manufacturing Co., Inc. (US), Nelson Irrigation Corporation (US), T-L Irrigation Company (US), Antelco Pty. Ltd. (Australia), Mahindra EPC Ltd. (India), Elgo Irrigation Ltd. (Israel), Irritec S.P.A. (Italy), Hunter Industries Inc. (US), and Access Irrigation Ltd. (UK).
Strategies adopted by players operating in this market include product launches, partnerships, mergers, and expansions.
- In February 2021, Nelson Irrigation Corporation launched additions to its line of Pivot Products. The company introduced the R55I Inverted End of Pivot Sprinkler with a specially engineered gray plate. The company claims that this configuration is easy to plumb and effectively helps manage debris that collects at the end of the system.
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The Sprinkler Irrigation Systems Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the sprinkler irrigation systems market include Avidz, Galcon, Green Electronics, Hunter Industries, HydroPoint Data Systems, Orbit Irrigation Products, Rain Bird Corp, Skydrop, The Scotts Company, The Toro Company and Others.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Sprinkler Irrigation Systems Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/sprinkler-irrigation-systems-market/download-sampleMarket DynamicsThe shifting focus from traditional irrigation methods to technologically advanced irrigation systems is primarily driving the market growth.
High return on investments with time and good water-use efficiency during extreme climatic conditions is again accelerating the market growth.
Whereas, the development of innovative irrigation products is expected to create potential opportunity over the forecast period.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
Farmers and governments are realizing the importance of irrigation in agricultural production and yields.
The sprinkler irrigation systems market is estimated at USD 2.4 billion in 2019; it is projected to grow at a CAGR of 1.9%, to reach USD 2.7 billion by 2025.Various manufacturers are developing advanced sprinkler irrigation systems that are quick and efficient as they are equipped with additional precision farming features such as GPS, sensors, and remote-control technology, or further enhancing the existing mechanical features in their products.
The demand for agricultural equipment that can be controlled remotely has increased globally, and sprinkler system manufacturers are also incorporating the same in their products.
Valmont Industries and Reinke Manufacturing Company have developed sensor-based irrigation systems, which monitor the soil moisture for irrigation purposes.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=29909492On the basis of type, the lateral move segment is projected to record a higher growth rate during the forecast period.
The primary advantage of lateral move systems is that it can irrigate rectangular fields.
Furthermore, unlike pivots, these systems have a uniform pressure along the length and are more labor-intensive.
The global sprinkler irrigation market size is anticipated to reach USD 2.91 billion by 2027 attributable to the rise in efforts of the government to encourage the use of sprinklers for multiple crop production.
List of Sprinkler Irrigation Market Manufacturers include: Netafim LimitedRivulis Irrigation Ltd.Lindsay CorporationNelson Irrigation CorporationJain Irrigation Systems Ltd.Hunter IndustriesValmont IndustriesRain Bird CorporationThe Toro CompanyReinke Manufacturing Co. Inc.Other Players The emergence of COVID-19 has brought the world to a standstill.
We understand that this health crisis has brought an unprecedented impact on businesses across industries.
What are the Objectives of the Report?A detailed analysis of the market focusing on drivers, restraints, challenges, and opportunitiesList of players and the key strategies adopted by them to hold the leading position in market competitionTable of segmentation of the market based on factors such as type, mobility, application, and regionRecent developments of the market, current trends, and other interesting insights into the market Increasing Need to Feed Population Despite Covid19 Outbreak will Propelling Growth The agricultural industry is negatively impacted by the current pandemic of COVID19 that has propelled all businesses to come at a halt.
Crop cultivation and irrigation have however managed to survive in developing nations such as Pakistan, India, South Africa, China, and others.
However, in the developed nations of Europe and North America, the market is stable owing to the availability of automated sprinkler systems.
