What is the present valuation and projected CAGR of the mechanized irrigation systems market?
The mechanized irrigation systems market size has grown rapidly in recent years. It will grow from $17.46 $ billion in 2024 to $20.08 $ billion in 2025 at a compound annual growth rate (CAGR) of 15.0%. The growth in the historic period can be attributed to increasing investments in research and development, rise in growth of irrigation systems, growing demand for sprinkler irrigation systems, rising scarcity of water for agriculture, and government subsidies and support programs.
The mechanized irrigation systems market size is expected to see rapid growth in the next few years. It will grow to $34.75 $ billion in 2029 at a compound annual growth rate (CAGR) of 14.7%. The growth in the forecast period can be attributed to increasing adoption of modern agriculture practices, increasing population, increasing demand for drip irrigation systems, increasing agricultural production, and increasing organic food. Major trends in the forecast period include advanced irrigation systems, the development of enhancing crop data management with artificial intelligence (AI), product innovations, adopting of precision technologies, and new advancements in agriculture.
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What key drivers have fueled the mechanized irrigation systems market’s development over the years?
The increasing demand for agricultural production is expected to propel the growth of the mechanized irrigation systems market going forward. Agriculture is cultivating soil, growing crops, and raising animals for food, fiber, and other products used to sustain and enhance human life, involving various techniques and technologies to improve productivity and sustainability. The increasing demand for agricultural production is due to advancements in farming technology, improved crop varieties, and enhanced farming practices, which have led to higher yields, better resource management, and increased efficiency in agricultural processes. Mechanized irrigation systems improve agricultural production by providing precise and efficient water delivery, optimizing water use, and improving crop yields. For instance, in February 2024, according to the Department for Environment Food & Rural Affairs reports, a UK-based government agency, the average farm business income (FBI) across all the UK farms increased from $50,461 (£46,500) in 2020/2021 to $78,133(£72,000) in 2021/2022. Further, the UK total income from Farming (TIFF) in 2022 was $6.61 billion (£7.9 billion), an increase of 17% from 2021 with $1.43 billion (£1.1 billion). Therefore, the increasing demand for agricultural production drives the mechanized irrigation systems market.
What is the segmentation for the mechanized irrigation systems market?
The mechanized irrigation systemsmarket covered in this report is segmented –
1) By Type: Drip Irrigation, Sprinkler Irrigation System, Other Types
2) By Crop: Cereals Grains, Pulses Oilseeds, Fruits And Vegetables, Other Crops
3) By Application: Ornamental Crop, Agricultural Crop, Lawns And Gardens, Other Applications
Subsegments:
1) By Drip Irrigation: Surface Drip Irrigation Systems, Subsurface Drip Irrigation Systems, Pressure Compensating Drip Systems, Low-Flow Drip Irrigation Systems, Inline Drip Irrigation Systems
2) By Sprinkler Irrigation System: Center Pivot Irrigation Systems, Lateral Move Sprinkler Systems, Fixed Sprinkler Systems, Traveling Gun Sprinkler Systems, Micro Sprinkler Systems
3) By Other Types: Surface Irrigation Systems, Flood Irrigation Systems, Automated Irrigation Systems, Subsurface Irrigation Systems
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Who are the most influential companies in the mechanized irrigation systems market?
Major companies operating in the mechanized irrigation systems market are Valmont Industries Inc., Mahindra EPC Irrigation Ltd., Bauer GmbH, Netafim Limited, Lindsay Corporation, Rain Bird Corporation, Hunter Industries Inc., Rivulis Irrigation Ltd., Dura-Line Corporation, Alkhorayef Group, Orbit Irrigation Products Inc., Eurodrip S.A., Reinke Manufacturing Company Inc., T-L Irrigation, Nelson Irrigation Corporation, Irritec S.p.A, Metzer Group, Driptech India Pvt. Ltd., Komet Sales GmbH, Chinadrip Irrigation Equipment Co. Ltd., Harvel Agua India Pvt. Ltd., Akplas
What are the top industry trends projected to impact the mechanized irrigation systems market?
Major companies operating in the mechanized irrigation systems market are focusing on developing innovative irrigation technology, such as drip irrigation technology, to enhance water efficiency, reduce resource consumption, and improve crop yields, ultimately leading to more sustainable and productive agricultural practices. Drip irrigation technology is a highly effective method for managing water resources and improving agricultural productivity while promoting environmental sustainability. For instance, in October 2023, Netafim Irrigation India Pvt Ltd, an India-based irrigation company, launched its revolutionary TurbuNext drip technology for farmers. This system features a unique turbulent flow design that enhances water distribution uniformity, reduces clogging, and improves crop yield. Additionally, it incorporates smart irrigation solutions that allow for remote monitoring and control, ensuring optimal water usage. Introducing such innovative products reflects the industry’s shift towards sustainable farming practices and efficient resource management. These innovations demonstrate how leading companies leverage cutting-edge technology to address water scarcity and improve agricultural productivity.
What are the major regional insights for the mechanized irrigation systems market, and which region holds the top position?
North America was the largest region in the mechanized irrigation systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mechanized irrigation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Mechanized Irrigation Systems Market Report 2025 Offer?
The mechanized irrigation systems market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Mechanized irrigation systems are advanced agricultural tools designed to automate and optimize water delivery to crops. These systems include various types, such as center pivots, lateral moves, and drip irrigation, utilizing mechanical and automated processes. Mechanized irrigation systems enhance water efficiency, reduce labor requirements, and improve crop yields.
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