Irrigation Equipment Market

Global Irrigation Equipment Market Size (2024 to 2032)

The global Irrigation equipment market was valued at USD 6.2 billion in 2023 and is anticipated to reach 7.30 billion in 2024 from USD 26.47 billion by 2032, growing at a CAGR of 17.50% from 2024 to 2032.

CURRENT SCENARIO OF THE GLOBAL IRRIGATION EQUIPMENT MARKET

The provision of water to crops or plants in controlled amounts at regular intervals is called irrigation. It is especially used in times of inadequate rainfall. Due to the irregular climate changes and unseasonal rainfalls, farmers have become increasingly dependent on irrigation to provide water for crops.

Irrigation equipment is very useful in this situation. Different types of irrigation systems such as sprinkler and drip irrigation are increasingly adopted in farming and landscaping. Each type of irrigation systems requires different types of equipment and have different purposes. Automated irrigation systems are available in recent days greatly reducing the manual effort and also decreasing the consumption of resources.

MARKET DRIVERS

The increasing scarcity of water and energy resources has increased the demand for controlled irrigation systems, which provide effective distribution of resources, in turn increasing the demand for irrigation equipment. The growing sophistication of irrigation equipment, government initiatives in the form of subsidies to increase the reach of the equipment and rise in the food demand are driving the market growth. However, the lack of awareness among farmers in developed countries and the high initial investments required to install the equipment are hindering market growth.

REPORT COVERAGE

SEGMENT ANALYSIS 

Global Irrigation Equipment Market By End Users

Center pivot equipment holds the largest market share due to the high demand for them in large-scale farming.  The fruits and vegetable crops segment hold the largest market share. It is because of the increasing greenhouse and horticulture practices for food and vegetables and also these crops consume more water than other types of crops.

REGIONAL ANALYSIS

North America leads the irrigation equipment market due to the high awareness and high adoption rate of the latest equipment in this region. The Asia Pacific is expected to be the fastest-growing market due to the increasing efforts of the governments to bring the equipment to the farmers and the presence of largely agricultural land.

KEY PLAYERS IN THE GLOBAL IRRIGATION EQUIPMENT MARKET

Some of the major players in the Irrigation Equipment market are Netafim, Rivulis Irrigation, Jain Irrigation Systems, Rain Bird, Eurotrip, The Toro Company, Hunter Industries, Nelson Irrigation, Valmont Industries, and T-L Irrigation Co.

DETAILED SEGMENTATION OF THE GLOBAL IRRIGATION EQUIPMENT INCLUDED IN THIS REPORT

This research report on the global irrigation equipment market is segmented and sub-segmented based on Product, Crop Type, End-User, and Region.

By Product:

• Flow Meters
• Valves
• Injectors
• Filters
• Pressure Pumps
• Emitters
• Center Pivots
• Sprinklers and Others

By Crop Type:

• Fruits and Vegetables
• Cereals and Grains
• Oilseeds and Others

By End Users:

• Agriculture
• Landscape
• Mining and Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa