Product ID: SQSG20H2002
Global Sprinkler Irrigation System Market Size, Share, Growth Analysis, By Type(Center Pivot, Lateral Move), By Crop Type(Cereals, Oilseeds & Pulses), By Field Size(Small, Medium), By Mobility(Stationary, Towable) - Industry Forecast 2024-2031
Report ID:
SQSG20H2002 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|
Tables:
116 |
Figures:
77
Global Sprinkler Irrigation System Market Dynamics
Sprinkler Irrigation System Market Driver
- Increasing Concern over Depleting Water Levels to Elevate the Adoption of Sprinkler Irrigation
The world is rapidly approaching a crisis-like situation due to the expanding global population and rapidly depleting water supplies. Considering how much water is utilised in agriculture, this industry is focused on implementing sustainable farming techniques and tools, such sprinkler irrigation. The market is expected to grow as a result of this. Sprinkler systems are being installed by farmers all over the world, particularly in developed and developing nations like China and India, to grow a variety of grain, oilseed, fruit, vegetable, and other crops. It is projected that growing farmer acceptance of agriculture automation technologies and systems as well as increased farmer knowledge of precision farming will support the expansion of the sprinkler irrigation market.
- Government Promoting Water Saving Technologies Drives the Market
Government agencies in several nations support sprinkler irrigation by offering farmers various perks and subsidies in an effort to persuade them to use this technology. In order to conserve water, the Indian government encourages the use of sprinkler irrigation through the Pradhan Mantri Krishi Sinchayee Yojana programme. A European research project called Flexible Platform to Improve Farm Scale Water Productivity (FIGARO) is being co-funded by the European Commission under the 7th Framework Programme (FP7) with the goal of increasing water productivity in crops that use a lot of water and assisting in the development of efficient irrigation systems. This project encompassed 17 distinct organisations from 8 different nations, several of whom were commercial and academic leaders in the irrigation industry. To improve irrigation and fertiliser dosage, a crop-oriented management programme with a DSS (Decision Supporting System) module is used. The market for sprinkler irrigation is driven by these government-sponsored initiatives and projects.
Sprinkler Irrigation System Market Restraint
- The high cost of installation and maintenance of Sprinkler Irrigation Systems
The type of technology has a bigger impact on the irrigation method selection. The industry is negatively impacted by the high installation expenses required to install the irrigation system in the field. Particularly in the price-sensitive developing nations of South America, Asia-Pacific, and the underdeveloped, impoverished nations of Africa, this factor is restricting market expansion. High capital expenditures per acre are necessary for equipment purchases. Along with the need to purchase equipment, maintaining a steady supply of fuel and spare parts may be quite expensive and burdensome for farmers and the farming community.
Global Sprinkler Irrigation System Market Report Snapshots
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