The Global Sprinkler Irrigation Systems Market is projected to reach a value of over USD 2.9 billion by 2027 at a CAGR of around 2.1%.
Sprinkler irrigation is a method of applying water to agriculture fields similar to natural rainfall. Through a system usually by pumping, water is being distributed across the fields. Sprinkler irrigation systems provide efficient coverage for small to large agriculture fields areas and also suitable for all types of properties such as gardens. Since sprinklers are available in a wide range of discharge capacity, they are being adaptable to nearly all types of soil. Sprinkler irrigation system ensures maximum water saving, combining high quality, affordability, and easy installation are some of the benefits offered which makes it more popular.
Market Driver:
Increasing water scarcity has developed a need for the adoption of the sprinkler systems in farming practice across the globe. According to UN-Water, over 2 billion people across the globe are experiencing high water stress and scarcity. Thus, in order to decrease water scarcity, various governments across the globe are encouraging the use of sprinkler irrigation systems for farming which will help to save the water. Sprinkler irrigation helps to reduce water usage by around 30-40% than that of the traditional methods.
Thus, increase water scarcity and growing government initiatives for effective usage of water has expected to drive the growth of sprinkler irrigation systems
Water is a finite but crucial resource and in most river basins water is diverted for municipal, domestic, and industrial consumption. Growing population coupled with increasing food demand has boosted the need for use sprinkler irrigation system which ensures maximum crop yield with minimum water. Growing awareness about the advantages of sprinkler irrigation amongst farmers has caused a rapid shift towards the use of sprinkler irrigation. The shift towards advanced technologies has attributed to concerns regarding water wastage in traditional irrigation. For instance, Valmont Industries Inc, in August 2018, introduced a new hybrid machine X-Tec motor which will operate up to twice the speed of the ordinary center drive motor.
Thus, to overcome the traditional irrigation system, the demand for technologically advanced irrigation systems from farmers has expected to boost the growth of the market.
Market Opportunities:
Sprinkler irrigation systems are used by farmers to yield maximum crop ensuring maximum water saving. Sprinkler irrigation systems such as a linear move or center pivot irrigation incur a high capital cost as these systems are used for larger fields. In addition to this, the operation cost and maintenance cost associated with technical and computer-controlled systems have which may be one of the major factors hindering the growth of the product market. Thus, higher capital investment for installing the sprinkler irrigation system may hinder the growth of the market. However, to overcome this, various governments are taking initiatives by providing subsidiaries to farmers for installing the systems.
The report on the Sprinkler Irrigation Systems market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
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Base Year for Market Calculation |
2019 |
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Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
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Measured Units |
Value (USD Million) |
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Segments Included |
Type, Mobility, Field Size, Crop Type, and Region |
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Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South Africa |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Sprinkler Irrigation Systems Market, by Type
Sprinkler Irrigation Systems Market, by Mobility
Sprinkler Irrigation Systems Market, by Field Size
Sprinkler Irrigation Systems Market, by Crop Type
Sprinkler Irrigation Systems Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE SPRINKLER IRRIGATION SYSTEMS MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY
