Latin America Irrigation Equipment Market

Latin America Irrigation Equipment Market Size (2024 to 2029):

Latin America Irrigation Equipment market size is expected to reach USD 20.57 billion in 2024 and reach USD 28.31 billion by 2029, growing at a CAGR of 28.31 % from 2024 to 2029.  

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 the farming and landscaping. Each type of irrigation systems require 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.

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 a 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.

This research report on the Latin American irrigation equipment market is segmented and sub-segmented into the following categories:

Latin America Irrigation Equipment Market - By Product:

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

Latin America Irrigation Equipment Market - By Crop Type:

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

Latin America Irrigation Equipment Market - By End Users:

• Agriculture
• Landscape
• Mining
• Others

Latin America Irrigation Equipment Market – By Country:

• Mexico
• Argentina
• Brazil
• Chile
• Rest Of Latin America

Latin America has the lowest market share and is expected to have a low growth rate during the forecast period.

KEY MARKET PLAYERS:

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