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Increasing Water Scarcity Drives Growth In The Irrigation Equipment Market: A Key Catalyst Accelerating Irrigation Equipment Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Irrigation Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been significant growth in the irrigation equipment market size in the past few years. The market is estimated to rise from $7.31 billion in 2024 to $8.01 billion in 2025, recording a compound annual growth rate (CAGR) of 9.5%. Factors such as the growing global population, increased concerns about water scarcity, favourable governmental policies, changes in weather patterns, expansion of urban regions, and higher consciousness towards sustainable farm practices have all contributed to this steep growth during the historical period.
Irrigation Equipment Market Size Forecast: What's the Projected Valuation by 2029?
The market for irrigation equipment anticipates a robust uptick in the upcoming years, with its size projected to climb up to $11.44 billion by 2029, expanding at a CAGR of 9.3%. This expected surge during the forecasted period is a result of growing calls for effective water management solutions, augmenting requirements for better crop yields, unpredictable climatic conditions, and burgeoning demand for irrigation setups. Additionally, a shift towards green irrigation products is also contributing to the growth. Key trends observed during the anticipated period include an escalated adoption of IoT and AI in watering systems, inception and development of fully automated irrigation mechanisms and robotics, increasing utilization of solar power for irrigation systems, headway in precise irrigation methods, and assimilation of wireless sensor networks for real-time surveillance.
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What Are the Drivers Transforming the Irrigation Equipment Market?
The rising issue of water scarcity is predicted to fuel the expansion of the irrigation equipment market in the future. Water scarcity refers to the lack of enough readily available freshwater resources to fulfill the requirements of water usage within a certain area. This deficiency is amplified by factors like population increase, urbanization, climate changes, unregulated water usage practices, pollution, and a lack of sufficient water management and distribution infrastructure. In situations of water scarcity, irrigation equipment plays an essential role in maximizing water distribution and guaranteeing effective and sustainable water use for crop and plant cultivation. For example, Water Resources East, a non-profit organization located in the UK, projected in December 2023 that by 2050, 800 million liters of water a day, representing one-third of the region's current water use, will be scarce in Eastern England. Consequently, the rising water scarcity is propelling the growth of the irrigation equipment market.
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What Long-Term Trends Will Define the Future of the Irrigation Equipment Market?
In the irrigation equipment market, major enterprises are creating advanced technologies, like anti-clogging technology, to achieve a competitive advantage. Anti-clogging technology comprises methods or substances devised to counteract or lessen clogs or blockages in various systems or gadgets, thereby improving their productivity and effectiveness. Netafim India, a supplier of irrigation solutions based in India, introduced a revolutionary drip irrigation technology named Toofan in October 2023. The technology is aimed at redefining farming tactics for cultivators of all sizes. It uses TurbuNext technology featuring a dripper labyrinth to curb clogging and facilitate consistent water supply to crops by removing debris from the dripper. This novel technology is fashioned for the ideal provision of water and nutrients while offering unmatched durability and resistance to clogging.
Which Segments in the Irrigation Equipment Market Offer the Most Profit Potential?
The irrigation equipment market covered in this report is segmented -
1) By Components: Tubing, Sprinklers, Emitter Or Drippers, Pumping, Irrigation Valves, Filters, Connectors, Irrigation Controllers, Sensors, Other Components
2) By Irrigation Type: Drip Irrigation, Sprinkler Irrigation, Pivot Irrigation, Other Irrigation Types
3) By Application: Agriculture, Irrigation, Golf, Other Applications
Subsegments:
1) By Tubing: Drip Tubing, Sprinkler Tubing, Mainlines And Submainlines, Lateral Tubing
2) By Sprinklers: Fixed Sprinklers, Impact Sprinklers, Rotary Sprinklers, Pop-Up Sprinklers, Traveling Sprinklers
3) By Emitter Or Drippers: Pressure Compensating Emitters, Non-Pressure Compensating Emitters, Inline Drippers, Standalone Drippers
4) By Pumping: Centrifugal Pumps, Submersible Pumps, Jet Pumps, Diaphragm Pumps
5) By Irrigation Valves: Ball Valves, Gate Valves, Pressure Relief Valves, Solenoid Valves, Check Valves
6) By Filters: Screen Filters, Disk Filters, Sand Filters, Media Filters
7) By Connectors: Barbed Connectors, Compression Fittings, Quick Connect Fittings, Threaded Connectors
8) By Irrigation Controllers: Timer-Based Controllers, Smart Controllers, Wi-Fi Enabled Controllers, Solar-Powered Controllers
9) By Sensors: Soil Moisture Sensors, Rain Sensors, Flow Sensors, Temperature Sensors
10) By Other Components: Fertilizer Injectors, Pressure Regulators, Backflow Preventers, Hydrometers
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Which Firms Dominate the Irrigation Equipment Market by Market Share and Revenue in 2025?
Major companies operating in the irrigation equipment market are Robert Bosch GmbH, Hitachi Ltd, Stanley Black & Decker Inc., Makita Corporation, The Toro Company, Valmont Industries Inc., Netafim Ltd., Fiskars Corporation, Rain Bird Corporation, SD WORX SA, Lindsay Corporation, Jain Irrigation Systems Limited, Ariens Company, STIHL Incorporated, Hunter Industries Incorporated, Rivulis Irrigation Ltd., Honda India Power Products Limited, Reinke Manufacturing Company Inc., T-L Irrigation Company, Nelson Irrigation Corporation, Irritec S.p.A., Victa BV, Chinadrip Irrigation Equipment Co. Ltd.
Which Regions Offer the Highest Growth Potential in the Irrigation Equipment Market?
North America was the largest region in the irrigation equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the irrigation equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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