Sprinkler Irrigation Market Size and Forecast 2024-2033|Lindsay Corporation, Jain Irrigation Systems Ltd., Valmont Industries, Rain Bird Corporation, Reinke Manufacturing Co. Inc

Overview and Scope

Sprinkler irrigation refers to a method of applying irrigation water that is similar to natural rainfall. Sprinkler irrigation is used for watering the farm, landscaping, gardens, and fields. The water received through pumps is separated by sprinklers into tiny water drops, which are sprayed uniformly across the entire soil surface. Sprinkler irrigation is considered to be one of the most technologically advanced irrigation systems.

Sizing and Forecast

The sprinkler irrigation market size has grown strongly in recent years. It will grow from $2.85 billion in 2023 to $3.13 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to growing concerns over water scarcity, increased agricultural productivity, government subsidies and incentives, climate change impact, labor savings.

The sprinkler irrigation market size is expected to see strong growth in the next few years. It will grow to $4.42 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to growing environmental concerns, expansion into emerging markets, regulations and water management, growing adoption of sprinkler irrigation systems in agriculture, increasing awareness among farmers about the benefits of using sprinkler irrigation systems. Major trends in the forecast period include mobile app and remote monitoring, adoption of vri systems, drones for irrigation management, soil moisture sensors, automation and smart irrigation.

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Segmentation & Regional Insights

The sprinkler irrigation market covered in this report is segmented –

1) By Type: Centre Pivot Irrigation Systems, Lateral Move Irrigation Systems, Solid Set Sprinkler Systems, Others

2) By Field Size: Small Fields, Medium-Sized Fields, Large Fields

3) By Mobility: Stationary, Towable

4) By Application: Field Crops, Orchard Crops, Landscape and Turf, Others

North America was the largest region in the sprinkler irrigation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the sprinkler irrigation market share during the forecast period. The regions covered in the sprinkler irrigation market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth

The increase in public and private support for irrigation projects in developing countries is expected to propel the growth of the sprinkler irrigation market. The public and private sectors are complementing each other in providing advisory services and information to address the needs of rural communities and farmers. According to the World Bank Group, an investment of $2 billion is required to irrigate 1 million hectares of land in southern Ukraine. Public funds along with private sector solutions are essential for addressing the financing gap for large projects. Therefore, the increasing public and private support for irrigation projects in developing countries is driving the growth of the sprinkler irrigation market.

Key Industry Players

Major companies operating in the sprinkler irrigation market include Lindsay Corporation, Jain Irrigation Systems Ltd., Valmont Industries, Rain Bird Corporation, Reinke Manufacturing Co. Inc., Netafim Limited, The Toro Company, Hunter Industries, Nelson Irrigation Corporation, Rivulis Irrigation Limited, T-L Irrigation Co., Alkhorayef Group, Mahindra EPC Ltd., Elgo Irrigation Ltd., Antelco Pty Ltd., Irritec S.p.A, Orbit Irrigation Products, Pierce Corporation, Hydro-Rain, Irritrol Systems, K-Rain, Weathermatic, Woodford Manufacturing, Action Machining Inc., BAFSCO Irrigation, Blazing Products, Champion, Dekorra Rock Enclosures, Dig Corporation, Fertile Earth Systems Inc.

The sprinkler irrigation market report table of contents includes:

1. Executive Summary

2. Sprinkler Irrigation Market Characteristics

3. Sprinkler Irrigation Market Trends And Strategies

4. Sprinkler Irrigation Market – Macro Economic Scenario

5. Global Sprinkler Irrigation Market Size and Growth

26. South America Sprinkler Irrigation Market

27. Brazil Sprinkler Irrigation Market

28. Middle East Sprinkler Irrigation Market

29. Africa Sprinkler Irrigation Market

30. Sprinkler Irrigation Market Competitive Landscape And Company Profiles

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