What is the global market size of Sprinkler Irrigation System Market?

Global Sprinkler Irrigation System Market size was valued at USD 2285.07 million in 2021 and is poised to grow from USD 2426.66 million in 2022 to USD 3884.01 million by 2030, growing at a CAGR of 6.05% in the forecast period (2023-2030).

What is the key driver of Global Sprinkler Irrigation System Market?

Increasing Concern over Depleting Water Levels to Elevate the Adoption of Sprinkler Irrigation

Sprinkler Irrigation System Market Size

Sprinkler Irrigation System Market Insights

Global Sprinkler Irrigation System Market size was valued at USD 3.17 billion in 2023 and is poised to grow from USD 3.27 billion in 2024 to USD 4.14 billion by 2032, growing at a CAGR of 3.0% during the forecast period (2025-2032).

The demand for greater agricultural output and quality, as well as growing worries about water shortages, are driving the global market for sprinkler irrigation systems. The availability of equipment for using sprinklers to spray fertilisers and pesticides, a drop in labour costs, and ease of operations support market expansion. Sprinklers are frequently installed by growers all over the world, especially in developed and growing markets like China and India, to cultivate a variety of fruits, vegetables, grain, oilseeds, and other crops.

The market for sprinkler irrigation systems is projected to increase as a result of farmers' increasing awareness of precision farming and acceptance of agriculture automation technologies and systems. Additionally, during the forecast period, the application of remote sensing and information technologies to assist sprinkler irrigation and reduce water losses at both the system and farm levels presents profitable potential for market participants.

However, due to the silt build-up, variables like sprinkler irrigation systems may instantly become clogged. This might slow down the growth in the upcoming years. A key worry is the large initial investment required for modern agricultural equipment as well as the high cost of installation and maintenance connected with different sprinkler systems. Additionally, one of the major factors impeding the expansion of the global sprinkler irrigation systems market is consumers' lack of knowledge about the many types of micro-irrigation systems available on the market for various agricultural applications.

US Sprinkler Irrigation System Market is poised to grow at a sustainable CAGR for the next forecast year.

FAQs

The existence of prominent, regional and international businesses has moderately consolidated the market's competitive environment in the global sprinkler irrigation system market. Market companies are being encouraged to expand in economies where modern irrigation systems are becoming more and more popular, particularly in nations where water scarcity is already a problem or is predicted to become one in the future. Massive market players are constantly working to boost their sales by launching new products, engaging in merger and acquisition activity, and working with the government to raise public knowledge of the systems and their advantages. Some of the businesses with the largest market shares for sprinkler irrigation include Lindsay Corporation, Jain Irrigation Systems Ltd., Netafim Limited, and Valmont Industries. 'Valmont Industries, Inc. (USA) ', 'Lindsay Corporation (USA) ', 'The Toro Company (USA) ', 'Rain Bird Corporation (USA) ', 'Hunter Industries (USA) ', 'Nelson Irrigation Corporation (USA) ', 'Reinke Manufacturing Company, Inc. (USA) ', 'T-L Irrigation Co. (USA) ', 'Mahindra EPC Irrigation Ltd. (India) ', 'EPC Industries Ltd. (India) ', 'Antelco Pty Ltd (Australia) ', 'Orbit Irrigation Products, Inc. (USA) ', 'Weathermatic (USA) ', 'Rainfine (Dalian) Irrigation Co., Ltd. (China) ', 'Elgo Irrigation Ltd. (Israel) ', 'Irritec S.p.A. (Italy)'

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.

The global sprinkler irrigation system market is estimated to rise as a result of the growing public and private support for irrigation projects in developing nations. In order to meet the requirements of rural communities and farmers, the public and private sectors are collaborating to provide advisory services and information. The market for sprinkler irrigation is expanding as a result of the growing public and private backing for irrigation projects in emerging nations. For example, In Jalgaon, Maharashtra, Jain Irrigation System Limited (JISL) has built a fruit processing and onion dehydration facility that is profit-driven. To get fruits and onions, the company has a contract with nearby farmers. JISL offers high-yielding variety seeds, water and fertiliser management, together with technical know-how, to farmers in order to improve their output. According to the report, JISL's support enabled local farmers to effectively irrigate more than 80% of their onion crops using sprinklers and drip irrigation.

North america to dominate the global market owing to large land holding farm sizes in the region