Global Sprinklers Irrigation Systems Market Size, Share, Trends, & Growth Forecast Report - Segmented By Type (Center Pivot, Lateral Move, Solid Sets, Others), Mobility (Stationary, Towable), Application (Field Crops, Orchard Crops, Landscape & Turf, Others), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Industry Analysis From 2024 to 2032

Updated On: June, 2024
ID: 11285
Pages: 180

Global Sprinklers Irrigation Systems Market Size (2024 to 2032)

The global sprinkler irrigation systems market was expected to be valued at USD 2.66 billion on 2023 and it is anticipated to reach USD 2.70 billion in 2024 from USD 3.09 billion by 2032, growing at a CAGR of 1.68% from 2024 to 2032.

The sprinklers are available in a wide range of discharge capacities, providing efficient coverage of small to large fields

Sprinkler irrigation is an irrigation water-use process in which water is pumped through a pipe system and sprayed into the air to irrigate the soil. The sprinklers are available in a wide range of discharge capacities, providing efficient coverage of small to large fields and making them adaptable to irrigable soils. 

MARKET DRIVERS AND RESTRAINTS

The increasing pressure to maximize agricultural production and maintain production sustainability has a crucial influence on the adoption of modern irrigation practices such as sprinkler irrigation. The growing acceptance of automated irrigation systems and equipment associated with mechanized component technology by farmers is giving the market a boost. Additionally, increased efforts by players to effectively reduce the initial cost of setting up and installing sprinkler systems, such as the Kingpin, are expected to increase the sales of these systems in the coming years. With the growth of the world population and the rapid depletion of water resources, the world is approaching a crisis situation. Since water use in the agricultural sector is considerably high, this sector focuses on adopting sustainable agricultural equipment and practices, such as sprinkler irrigation. This, in turn, should stimulate the market. Growers around the world, especially in developed and developing economies like China and India, are installing more and more sprinklers to grow a variety of grains, oilseeds, fruits, vegetables, and other cultures. Growing farmer awareness of precision farming and acceptance of agricultural automation technologies and systems is expected to drive the sprinkler irrigation market's growth.

Governments in different countries where water resources are facing rapid depletion or may be depleted soon in the coming years are undertaking strategies for sustainable agricultural development. The high subsidies offered for the use of sprinkler systems in many dominant agricultural countries such as India and China are positively influencing the growth of the market. In addition, the launch of several programs by the government and non-governmental organizations to expand the area under this type of irrigation added to the assistance and technical support offered by the government to small and unskilled farmers for the installation of sprinkler systems at your facilities. The farms are expected to create lucrative growth opportunities for this market in the long term. The high cost of installation and maintenance associated with various sprinkler systems is expected to limit market growth for years to come. In many developing economies where high capital investment in advanced agricultural equipment is a major concern, the adoption of high-priced sprinkler systems is expected to continue to hamper the overall market growth. Furthermore, ignorance of the different types of micro-irrigation systems present on the market for various agricultural purposes can also hamper this market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2032

Base Year

2023

Forecast Period

2024 to 2032

CAGR

1.68%

Segments Covered

By Type, Mobility, Application

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

Jain Irrigation Systems Ltd., Valmont Industries Inc., Reinke Manufacturing Company Inc., T-L Irrigation Co, and Lindsay Corporation.

 

SEGMENTAL ANALYSIS

Global Sprinklers Irrigation Systems Market By Type

The type segment was dominating the global sprinklers irrigation system market in 2023 and is likely continue to lead

The kingpin, a mechanized irrigation system, is expected to generate the highest revenue on the market. The high compatibility of the center pivot systems with crops ranging from grains, and vegetables to garden crops, added to their low annual operating costs, are some of the main factors responsible for this segment's growth. 

Global Sprinklers Irrigation Systems Market By Mobility

At present, fixed or fixed sprinkler systems are widely used in different regions and, therefore, have the largest share. The use of stationary sprinklers is most popular for its low maintenance cost and its high incorporation in large fields where cereals, legumes, and plantations are grown. However, in the coming years, the towable segment of these irrigation systems is expected to experience an increase in demand due to their high efficiency and compatibility to operate in two or more different areas.

Global Sprinklers Irrigation Systems Market By Application

Field crops such as wheat, corn, barley, soybeans, rice, and others are consumed as staple foods in many parts of the world, and therefore their demand is high. Most of the aforementioned crop varieties are water-hungry, where water is needed in large quantities for their proper growth. Sprinkler irrigation systems can be used effectively to grow these crops without depleting much of the water resources.

REGIONAL ANALYSIS

The North America region was dominating the global sprinklers irrigation system market in 2023 and is likely continue to lead

North America currently holds the largest share and is expected to maintain its leadership position for the anticipated years. An important factor responsible for this dominance is the presence of large cultivated areas in countries such as the U.S. According to the United States Geological Survey, in 2015, about 55% (34,700,000 acres) of irrigated land in the United States was equipped with these systems. Advances in precision irrigation techniques and their increasing adoption by countries such as Canada, where water scarcity is emerging as a major problem for agricultural production, are expected to support the growth of these irrigation practices in the coming years. In Europe, the great knowledge of modern irrigation systems and their widespread use for the production of various crops is driving the growth of this market. Furthermore, the allocation of large areas of land under sprinkler irrigation in countries such as Russia, France, Italy, and Spain is expected to help expand the size of the market in the region. Asia-Pacific is expected to be the fastest-growing region during the forecast period for several reasons. One of the main drivers is the fact that agriculture is one of the most important income-generating sectors in large economies such as China and India.

KEY MARKET PLAYERS

Jain Irrigation Systems Ltd., Valmont Industries Inc., Reinke Manufacturing Company Inc., T-L Irrigation Co, Lindsay Corporation. Some of the market players dominate the global sprinklers irrigation system market.

RECENT DEVELOPMENTS IN THE GLOBAL SPRINKLERS IRRIGATION SYSTEM MARKET

  • In May 2019, a sprinkler and drip irrigation systems manufacturing plant established by a joint venture of India Skipper Ltd and Israel Metzer was opened in Hyderabad, India.
  • In February 2019, Reinke Manufacturing Co., Inc. announced the opening of its expanded parts distribution center in Tifton, Georgia. The new facility will serve growers in the southeastern and northeastern regions of the United States and give Reinke distributors the ability to provide farmers with cutting-edge irrigation technology and equipment at a much faster rate than ever before.
  • In August 2018, Valley Irrigation, a subsidiary of Valmont Industries, announced a new hybrid configuration for its X-Tec medium drive machine. The new configuration makes the machine more efficient in terms of speed, power, and value.
  • In February 2018, Valmont Industries, Inc., a leading global provider of engineering products and services for the development of infrastructure and advanced irrigation equipment, announced that it acquired a majority stake in Torrent Engineering & Equipment, based in Indiana.

DETAILED SEGMENTATION OF THE GLOBAL SPRINKLERS IRRIGATION SYSTEM MARKET INCLUDED IN THIS REPORT

This research report on the global sprinklers irrigation system market is segmented and sub-segmented into the following categories.

By Type

  • Rotating Head System (central pivot, lateral roller, and large mobile barrel)
  • Perforated Tube System (lateral movement)

By Mobility

  • Stationary
  • Towable

By Application

  • Residential
  • Non-residential (hotel and resort, office, and others)
  • Agricultural (extensive crops)

By Region

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

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