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Sprinkler Irrigation Market: Impending Growth, Market Size, and Emerging Trends
The global sprinkler irrigation market is expected to see impressive growth due to increased agricultural productivity, water scarcity concerns, and emerging market expansion.What Is The Projected Market Size Of The Global Sprinkler Irrigation Market And Its Growth Rate?
• The market size of the sprinkler irrigation segment has seen robust growth in recent years. From $3.11 billion in 2024, it will grow at a CAGR of 9.6% to reach $3.41 billion in 2025.
• By 2029, the market size is projected to go up to $4.79 billion, growing at a CAGR of 8.9%.
What Is Driving The Growth In The Sprinkler Irrigation Market?
The increase in public and private support for irrigation projects in developing countries is driving the growth of the sprinkler irrigation market. Governments and private entities are vying to provide advisory services and necessary information to meet the needs of rural communities and farmers. According to the World Bank Group, for instance, an investment of $2 billion is needed to irrigate 1 million hectares of land in southern Ukraine. Therefore, public funds along with private sector solutions are essential to meet the financial gap for large projects.
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Who Are the Key Players Driving Sprinkler Irrigation Market Growth?
• 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
What Are The Key Trends In The Sprinkler Irrigation Market?
• Trend of using mobile apps and remote monitoring
• Growing adoption of Variable Rate Irrigation (VRI) systems
• Use of drones for irrigation management
• Installation of soil moisture sensors
• Automation and smart irrigation becoming more popular
What Are The Segments Of The Global Sprinkler Irrigation Market?
• By Type: Centre Pivot Irrigation Systems, Lateral Move Irrigation Systems, Solid Set Sprinkler Systems, Others
• By Field Size: Small Fields, Medium-Sized Fields, Large Fields
• By Mobility: Stationary, Towable
• By Application: Field Crops, Orchard Crops, Landscape and Turf, Others
Which Region Leads The Sprinkler Irrigation Market?
North America was the largest region in the sprinkler irrigation market in 2024, with Asia-Pacific expected to become the fastest-growing region during the forecast period. The report includes other regions like Western Europe, Eastern Europe, South America, and the Middle East and Africa as well.
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What Is Covered In The Sprinkler Irrigation Market Global Market Report?
- Market Size Analysis: Analyze the Sprinkler Irrigation Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sprinkler Irrigation Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sprinkler Irrigation Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sprinkler Irrigation Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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