Sprinkler Irrigation Global Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Demand, Forecast, Competitive Landscape, Key Players

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Sprinkler Irrigation Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $4.42 billion In 2028 At A CAGR Of 9.0% :
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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Sprinkler Irrigation Market Major Segments
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

Key Driver - Rising Public And Private Support For Irrigation Projects Sparks Surging Growth In Sprinkler Irrigation Market

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.

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Prominent Trend - Technological Advancements For Optimal Field-Wide Water Distribution
Technological advancements are a key trend gaining popularity in the sprinkler irrigation market. For instance, in 2021, Netafim India, a manufacturer of irrigation equipment, launched a new Flexi Sprinkler Kit, which provides the highest level of water distribution uniformly across the field and displays long-lasting performance. It is equipped with a robust D-Net 3D diffusion arm suitable for small as well as large fields.

Sprinkler Irrigation Market 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.

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Largest And Fastest Growing Region In The Market
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.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Sprinkler Irrigation Market Report Structure
3. Sprinkler Irrigation Market Trends And Strategies
4. Sprinkler Irrigation Market - Macro Economic Scenario
5. Sprinkler Irrigation Market Size And Growth
…..
27. Sprinkler Irrigation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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