The global mechanized irrigation systems market was valued at USD 27.95 billion in 2023 and is anticipated to reach USD 32.11 billion in 2024 from USD 97.56 billion by 2032, growing at a CAGR of 14.9% from 2024 to 2032.
In many countries, agriculture is one of the leading sectors that have a significant impact on the economic development of those countries. Lack of proper irrigation and, thus, low agricultural production are a constant threat to the economy of those countries. With an increase in water scarcity across the world, mechanized irrigation systems became essential to deliver water with minimum losses.
The equipment used in mechanized irrigation systems comprises various components, namely spans, towers, tubing, drivetrains, control units, and sprinklers. With the construction of these components, irrigation can be done over a large area of land and deliver water efficiently. Many innovative and efficient systems are being introduced in place of conventional irrigation processes. Rain Bird is using “Pressure Regulating Systems (PRS)” in its rotors and sprinklers to guide water pressure at each head.
Water scarcity has become a major problem for agriculture as the cost of irrigation is increasing. With the introduction of mechanized irrigation systems in agriculture, the cost of irrigation has been reduced followed by an increase in productivity. The rapid increase in population leads to an increase in food demand across the world. Governments are funding the use of technology in agriculture to increase productivity. All these factors are driving the mechanized irrigation systems market. The high initial investment required to set up these irrigation systems is restraining the market.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2032 |
Base Year |
2023 |
Forecast Period |
2024 to 2032 |
CAGR |
14.9% |
Segments Covered |
By Type, Application, and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Lindsay Corporation, Nelson Irrigation Corporation, Jain Irrigation Systems Limited, Driptech India Pvt. Ltd., Rain Bird Corporation, Premier Irrigation Adritec, Rivulis Irrigation, Netafim Limited, The Toro Company, T-L Irrigation, and Valmont Industries and Others. |
Center pivot irrigation systems held a major market share in this segment, followed by Lateral move irrigation systems because of their water application accuracy.
Agricultural crops held the major market share in the applications segment, followed by lawns & gardens. This is due to the large area over which agricultural crops are being harvested all over the world.
North America is one of the most developed countries in the world and dominates this market in terms of technology usage. Asia-Pacific is the fastest-growing market as this region has the top two countries with the largest agricultural land.
Some of the major players in the Mechanized Irrigation Systems market are Lindsay Corporation, Nelson Irrigation Corporation, Jain Irrigation Systems Limited, Driptech India Pvt. Ltd., Rain Bird Corporation, Premier Irrigation Adritec, Rivulis Irrigation, Netafim Limited, The Toro Company, T-L Irrigation, and Valmont Industries.
By Type
By Application
By Region
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