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Major Growth Driver Identified in 2025 Water Supply & Irrigation Systems Market: Organic Farming Surge Propels Water Supply And Irrigation Systems Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Water Supply & Irrigation Systems Market Through 2025?
The market size of water supply and irrigation systems has experienced substantial growth in the preceding years. The market, which is expected to rise from $377.41 billion in 2024 to $408.35 billion in 2025, will have a compound annual growth rate (CAGR) of 8.2%. The preceding growth can be credited to factors such as population expansion, agricultural spread, industrial progression, urbanization, and climate changes.
What's the Projected Size of the Global Water Supply & Irrigation Systems Market by 2029?
Anticipated robust growth in the coming years is forecasted for the water supply & irrigation systems market, with it reaching an estimated value of $532.39 billion in 2029, displaying a compound annual growth rate (CAGR) of 6.9%. The expected growth within this timeframe can be linked to prevalent water shortage issues, expansion of human population & urban areas, governmental regulations, incorporation of renewable energy, investments channeled towards water infrastructure and a heightened emphasis on water preservation. The projected period also sees potential trends including technological progression, the modernization of drip irrigation, intelligent irrigation systems, the remote inspection for crop monitoring and climate-controlled irrigation.
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Top Growth Drivers in the Water Supply & Irrigation Systems Industry: What's Accelerating the Market?
The growth of the water supply and irrigation systems market is anticipated to be driven by the rise in organic farming. Organic farming is a type of agriculture that utilises environmentally friendly methods to manage weeds, pests, and diseases. Irrigation systems are crucial to this form of farming as they provide water to the roots of crops through sprinklers located on wheeled towers in center-pivot systems. Therefore, a surge in organic farming directly correlates to the increasing demand for water supply and irrigation systems. As an example, the UK's Department for Environment, Food, and Rural Affairs - a US-based federal agency, reported in May 2023 that 509 thousand hectares of land were organically farmed in 2022, including both fully converted and conversion areas. This represents a 0.4% increase from 2021, reinforcing that the expansion of organic farming is a key driver for the growth of the water supply and irrigation systems market.
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What Trends Will Shape the Water Supply & Irrigation Systems Market Through 2029 and Beyond?
The water supply and irrigation systems market is seeing a growing trend of product innovation. In order to fortify their market positions, companies within this sector are putting a strong emphasis on the creation of innovative products. For instance, Viridix, a precision irrigation systems manufacturer and an agri-tech platform from Israel, rolled out the Viridix Gen3 Auto-Pilot system in April 2022. This cutting-edge precision irrigation system comes packed with features like water pressure sensors, air humidity and temperature sensors, as well as remote watering controllers. Boasting advanced technology and user-friendly interfaces, this platform takes effectiveness to the next level by providing an all-encompassing autonomous solution for maximized precision irrigation.
What Are the Main Segments in the Water Supply & Irrigation Systems Market?
The water supply & irrigation systems market covered in this report is segmented -
1) By Type: Center Pivot, Lateral Move, Solid Set, Other Types
2) By Crop Type: Cereals, Oilseeds And Pulses, Fruits And Vegetables, Other Crop Types
3) By Mobility: Stationary, Towable
4) By Field Size: Small, Medium, Large
Subsegments:
1) By Center Pivot: Full Circle Center Pivot, Partial Circle Center Pivot
2) By Lateral Move: Lateral Move Irrigation Systems (Standard), Towable Lateral Move Systems
3) By Solid Set: Fixed Spray Systems, Drip Irrigation Systems
4) By Other Types: Subsurface Irrigation, Surface Irrigation, Micro Irrigation Systems
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Which Top Companies are Driving Growth in the Water Supply & Irrigation Systems Market?
Major companies operating in the water supply & irrigation systems market include Veolia Environment S.A., SUEZ SA, United Utilities Group plc, The Toro Company, Valmont Industries Inc., Sabesp Corp, American Water Works Company Inc., Seabex SAS, Jain Irrigation Systems Ltd., Rain Bird Corporation, Lindsay Corporation, Hunter Industries Inc., G's Fresh Ltd., Rivulis Irrigation Ltd., Alkhorayef Group Company, Reinke Manufacturing Co Inc., T-L Irrigation Co, Hortau Irrigation Management & Soil Tension Monitoring, Nelson Irrigation Corporation, Irritec S.p.A, Mahindra EPC Irrigation Limited (MEIL), Rachio Inc., Galcon, Netafim Global, Greyter Technologies Inc., Hydropoint Inc., Primus Power Pte Ltd., Elgo Irrigation Ltd., WaterBit Ltd., Technical Data Analysis Inc.
Which Regions Will Dominate the Water Supply & Irrigation Systems Market Through 2029?
North America was the largest region in the water supply and irrigation systems market in 2024. The regions covered in the water supply & irrigation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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