Global Sprinkler Irrigation System Market - Forecasts from 2020 to 2025
The global Sprinkler Irrigation System market is expected to grow at a CAGR of 3.83% over the forecast period to reach a total market size of US$1.690 billion by 2025, increasing from US$1.349 billion in 2019. Sprinkler Irrigation means applying the water above the ground surface in the form of spray resembling rainfall through the nozzle with a pump. It has many advantages including cost and water saving. It is ideal for hilly terrains with an undulating slope. As water becomes increasingly scarce, the use of sprinkler systems is likely to grow as its use saves a lot of water. There has been significant investment from both the private and public sectors in the irrigation market which is expected to further fuel the market growth. Sprinkler irrigation is being supported by governments of various nations by providing subsidies or benefits to farmers. As there is a shift from traditional irrigation methods to the technologically advanced irrigation system, demand for sprinkler systems is expected to increase. But the high cost of installation and maintenance is expected to be a restraint for market growth.
Evolution of advance irrigation systems
Development and advancements of irrigation systems especially in developing countries for efficient use of water resources are expected to drive the growth of the market during the forecast period. Major players are investing heavily in research and development, aiming to incorporate new features such as remote-controlled systems, wireless pumps and GPS enabled systems among others in the existing product line, such efforts also propels the growth of the market in the coming years.
By type segment insight
By type, the Center Pivot segment is expected to have a significant market share as it can be used on various field sizes and have a low operating cost. By field size, the large and medium-size segment is expected to have a notable market share as return on investment is higher.
Crop-type segment analysis
By crop type, the global sprinkler irrigation systems market is segmented based on cereals, oilseed and pulses, and fruits and vegetables. Oilseed and pulses are expected to hold a significant share in the market as to achieve maximum productivity farmers are using advance irrigation practices that affect the overall profitability and quality of oil and seed and pulses. In addition, efficient water-use in extreme climatic conditions is further anticipated to boost the demand for sprinkler irrigation systems in fruits and vegetable production.
Recent update
In May 2020, the Government of Uttar Pradesh (India) launched “Pradhan Mantri Krishi Sinchayi Yojna – Per Drop More Crop Micro Irrigation” whose prime objective is a quality product and increase in productivity by adopting drip and sprinkler irrigation system in horticulture and agricultural crops.
In May 2019, a manufacturing facility for a drip and sprinkler irrigation system established by a joint venture of India’s Skipper Ltd and Israel’s Metzer was inaugurated in Hyderabad.
In February 2019, Reinke Manufacturing Co., Inc. announced the opening of its expanded parts distribution center in Tifton, Georgia. The new facility will serve growers in the southeast and northeast regions of the United States and will give Reinke dealers the ability to deliver state-of-the-art irrigation technology and equipment to farmers at a much faster rate than ever before.
In August 2018, Valley Irrigation, a subsidiary of Valmont Industries announced a new hybrid configuration for its machine X-Tec center drive motor. The new configuration makes the machine more efficient in terms of speed, power, and value.
In February 2018, Valmont Industries, Inc. a leading global provider of engineered products and services for infrastructure development and advance irrigation equipment and services for agriculture, announced that it has acquired a majority interest in Indiana-based Torrent Engineering & Equipment which will allow them to even diversify their working in high-pressure water and compressed air process systems also.
By geography, North America is holding a significant share in the market
By geography, the global sprinkler irrigation system market is segmented as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The North American region is expected to hold a significant share in the market owing to the presence of major players that are investing in the development of new and advanced irrigation systems in the region. Also, sprinkler irrigation systems are widely adopted in the United States, and with favorable government initiatives in the form of subsidies the market is anticipated to witness significant growth over the forecast period. In addition, rising disposable income coupled with the growing adoption of the sprinkler irrigation systems in the production of fruits and vegetables in developing counties like India and China is anticipated to boost the growth of the market in the Asia Pacific region. Besides, the region is home to major sprinkler irrigation system companies and with the increasing product launches the market is expected to witness significant growth in the coming year's European region is expected to witness significant growth on account of early adoption of technology and growing investment in research and development by players in the region. Furthermore, growing oilseed and pulses production is further propelling the growth of the market in the coming years.
Competitive Insights
Prominent key market players in the sprinkler irrigation system market include Valmont Industries, Lindsay Corporation, Jain Irrigation System Ltd., The Toro Company, Rivulis Irrigation, Netafim Ltd, Rain Bird Corporation, T-L Irrigation, Reinke Manufacturing, and Mahindra EPC. The number of players in the global sprinkler irrigation system market is large and growing with the opportunity to generate significant revenues because of growing demand in both developing and developed economies. The players in the global sprinkler irrigation system market are implementing various growth strategies to gain a competitive advantage over their competitors across the globe. Major market players in the global sprinkler irrigation system market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the global sprinkler irrigation system market.
Segmentation:
Evolution of advance irrigation systems
Development and advancements of irrigation systems especially in developing countries for efficient use of water resources are expected to drive the growth of the market during the forecast period. Major players are investing heavily in research and development, aiming to incorporate new features such as remote-controlled systems, wireless pumps and GPS enabled systems among others in the existing product line, such efforts also propels the growth of the market in the coming years.
By type segment insight
By type, the Center Pivot segment is expected to have a significant market share as it can be used on various field sizes and have a low operating cost. By field size, the large and medium-size segment is expected to have a notable market share as return on investment is higher.
Crop-type segment analysis
By crop type, the global sprinkler irrigation systems market is segmented based on cereals, oilseed and pulses, and fruits and vegetables. Oilseed and pulses are expected to hold a significant share in the market as to achieve maximum productivity farmers are using advance irrigation practices that affect the overall profitability and quality of oil and seed and pulses. In addition, efficient water-use in extreme climatic conditions is further anticipated to boost the demand for sprinkler irrigation systems in fruits and vegetable production.
Recent update
In May 2020, the Government of Uttar Pradesh (India) launched “Pradhan Mantri Krishi Sinchayi Yojna – Per Drop More Crop Micro Irrigation” whose prime objective is a quality product and increase in productivity by adopting drip and sprinkler irrigation system in horticulture and agricultural crops.
In May 2019, a manufacturing facility for a drip and sprinkler irrigation system established by a joint venture of India’s Skipper Ltd and Israel’s Metzer was inaugurated in Hyderabad.
In February 2019, Reinke Manufacturing Co., Inc. announced the opening of its expanded parts distribution center in Tifton, Georgia. The new facility will serve growers in the southeast and northeast regions of the United States and will give Reinke dealers the ability to deliver state-of-the-art irrigation technology and equipment to farmers at a much faster rate than ever before.
In August 2018, Valley Irrigation, a subsidiary of Valmont Industries announced a new hybrid configuration for its machine X-Tec center drive motor. The new configuration makes the machine more efficient in terms of speed, power, and value.
In February 2018, Valmont Industries, Inc. a leading global provider of engineered products and services for infrastructure development and advance irrigation equipment and services for agriculture, announced that it has acquired a majority interest in Indiana-based Torrent Engineering & Equipment which will allow them to even diversify their working in high-pressure water and compressed air process systems also.
By geography, North America is holding a significant share in the market
By geography, the global sprinkler irrigation system market is segmented as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The North American region is expected to hold a significant share in the market owing to the presence of major players that are investing in the development of new and advanced irrigation systems in the region. Also, sprinkler irrigation systems are widely adopted in the United States, and with favorable government initiatives in the form of subsidies the market is anticipated to witness significant growth over the forecast period. In addition, rising disposable income coupled with the growing adoption of the sprinkler irrigation systems in the production of fruits and vegetables in developing counties like India and China is anticipated to boost the growth of the market in the Asia Pacific region. Besides, the region is home to major sprinkler irrigation system companies and with the increasing product launches the market is expected to witness significant growth in the coming year's European region is expected to witness significant growth on account of early adoption of technology and growing investment in research and development by players in the region. Furthermore, growing oilseed and pulses production is further propelling the growth of the market in the coming years.
Competitive Insights
Prominent key market players in the sprinkler irrigation system market include Valmont Industries, Lindsay Corporation, Jain Irrigation System Ltd., The Toro Company, Rivulis Irrigation, Netafim Ltd, Rain Bird Corporation, T-L Irrigation, Reinke Manufacturing, and Mahindra EPC. The number of players in the global sprinkler irrigation system market is large and growing with the opportunity to generate significant revenues because of growing demand in both developing and developed economies. The players in the global sprinkler irrigation system market are implementing various growth strategies to gain a competitive advantage over their competitors across the globe. Major market players in the global sprinkler irrigation system market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the global sprinkler irrigation system market.
Segmentation:
- By Type
- Center Pivot
- Lateral move
- Solid set
- Others
- By Application
- Cereals
- Oilseeds and Pulses
- Fruits and Vegetables
- By Mobility
- Stationary
- Non-Stationary
- By Field size
- Small fields
- Medium-sized
- Large fields
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- Spain
- United Kingdom
- Italy
- France
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Others
1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. GLOBAL SPRINKLER IRRIGATION SYSTEM MARKET ANALYSIS, BY TYPE (VALUE IN US$ MILLION)
5.1. Introduction
5.2. Center Pivot
5.3. Lateral move
5.4. Solid set
5.5. Others
6. GLOBAL SPRINKLER IRRIGATION SYSTEM MARKET ANALYSIS, BY APPLICATION (VALUE IN US$ MILLION)
6.1. Introduction
6.2. Cereals
6.3. Oilseeds and Pulses
6.4. Fruits and Vegetables
7. GLOBAL SPRINKLER IRRIGATION SYSTEM MARKET ANALYSIS, BY MOBILITY (VALUE IN US$ MILLION)
7.1. Introduction
7.2. Stationary
7.3. Non-Stationary
8. GLOBAL SPRINKLER IRRIGATION SYSTEM MARKET ANALYSIS, BY FIELD SIZE (VALUE IN US$ MILLION)
8.1. Introduction
8.2. Small fields
8.3. Medium-sized
8.4. Large fields
9. GLOBAL SPRINKLER IRRIGATION SYSTEM ANALYSIS, BY GEOGRAPHY (VALUE IN US$ MILLION)
9.1. Introduction
9.2. North America (Value in US$ Million)
9.2.1. North America Sprinkler Irrigation System Market Analysis, By Type
9.2.2. North America Sprinkler Irrigation System Market Analysis, By Application
9.2.3. North America Sprinkler Irrigation System Market Analysis, By Mobility
9.2.4. North America Sprinkler Irrigation System Market Analysis, By Field Size
9.2.5. By Country
9.2.5.1. United States
9.2.5.2. Canada
9.2.5.3. Mexico
9.3. South America (Value in US$ Million)
9.3.1. South America Sprinkler Irrigation System Market Analysis, By Type
9.3.2. South America Sprinkler Irrigation System Market Analysis, By Application
9.3.3. South America Sprinkler Irrigation System Market Analysis, By Mobility
9.3.4. South America Sprinkler Irrigation System Market Analysis, By Field Size
9.3.5. By Country
9.3.5.1. Brazil
9.3.5.2. Argentina
9.3.5.3. Others
9.4. Europe (Value in US$ Million)
9.4.1. Europe Sprinkler Irrigation System Market Analysis, By Type
9.4.2. Europe Sprinkler Irrigation System Market Analysis, By Application
9.4.3. Europe Sprinkler Irrigation System Market Analysis, By Mobility
9.4.4. Europe Sprinkler Irrigation System Market Analysis, By Field Size
9.4.5. By Country
9.4.5.1. Germany
9.4.5.2. Spain
9.4.5.3. United Kingdom
9.4.5.4. Italy
9.4.5.5. France
9.4.5.6. Others
9.5. The Middle East and Africa (Value in US$ Million)
9.5.1. Middle East and Africa Sprinkler Irrigation System Market Analysis, By Type
9.5.2. Middle East and Africa Sprinkler Irrigation System Market Analysis, By Application
9.5.3. Middle East and Africa Sprinkler Irrigation System Market Analysis, By Mobility
9.5.4. Middle East and Africa Sprinkler Irrigation System Market Analysis, By Field Size
9.5.5. By Country
9.5.5.1. Saudi Arabia
9.5.5.2. Israel
9.5.5.3. Others
9.6. Asia Pacific (Value in US$ Million)
9.6.1. Asia Pacific Sprinkler Irrigation System Market Analysis, By Type
9.6.2. Asia Pacific Sprinkler Irrigation System Market Analysis, By Application
9.6.3. Asia Pacific Sprinkler Irrigation System Market Analysis, By Mobility
9.6.4. Asia Pacific Sprinkler Irrigation System Market Analysis, By Field Size
9.6.5. By Country
9.6.5.1. China
9.6.5.2. Japan
9.6.5.3. India
9.6.5.4. South Korea
9.6.5.5. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. COMPANY PROFILES
11.1. Valmont Industries
11.2. Lindsay Corporation
11.3. Jain Irrigation System Ltd.
11.4. The Toro Company
11.5. Rivulis Irrigation
11.6. Netafim Ltd
11.7. Rain Bird Corporation
11.8. T-L Irrigation
11.9. Reinke Manufacturing
11.10. Mahindra EPC
1.1. Market Definition
1.2. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. GLOBAL SPRINKLER IRRIGATION SYSTEM MARKET ANALYSIS, BY TYPE (VALUE IN US$ MILLION)
5.1. Introduction
5.2. Center Pivot
5.3. Lateral move
5.4. Solid set
5.5. Others
6. GLOBAL SPRINKLER IRRIGATION SYSTEM MARKET ANALYSIS, BY APPLICATION (VALUE IN US$ MILLION)
6.1. Introduction
6.2. Cereals
6.3. Oilseeds and Pulses
6.4. Fruits and Vegetables
7. GLOBAL SPRINKLER IRRIGATION SYSTEM MARKET ANALYSIS, BY MOBILITY (VALUE IN US$ MILLION)
7.1. Introduction
7.2. Stationary
7.3. Non-Stationary
8. GLOBAL SPRINKLER IRRIGATION SYSTEM MARKET ANALYSIS, BY FIELD SIZE (VALUE IN US$ MILLION)
8.1. Introduction
8.2. Small fields
8.3. Medium-sized
8.4. Large fields
9. GLOBAL SPRINKLER IRRIGATION SYSTEM ANALYSIS, BY GEOGRAPHY (VALUE IN US$ MILLION)
9.1. Introduction
9.2. North America (Value in US$ Million)
9.2.1. North America Sprinkler Irrigation System Market Analysis, By Type
9.2.2. North America Sprinkler Irrigation System Market Analysis, By Application
9.2.3. North America Sprinkler Irrigation System Market Analysis, By Mobility
9.2.4. North America Sprinkler Irrigation System Market Analysis, By Field Size
9.2.5. By Country
9.2.5.1. United States
9.2.5.2. Canada
9.2.5.3. Mexico
9.3. South America (Value in US$ Million)
9.3.1. South America Sprinkler Irrigation System Market Analysis, By Type
9.3.2. South America Sprinkler Irrigation System Market Analysis, By Application
9.3.3. South America Sprinkler Irrigation System Market Analysis, By Mobility
9.3.4. South America Sprinkler Irrigation System Market Analysis, By Field Size
9.3.5. By Country
9.3.5.1. Brazil
9.3.5.2. Argentina
9.3.5.3. Others
9.4. Europe (Value in US$ Million)
9.4.1. Europe Sprinkler Irrigation System Market Analysis, By Type
9.4.2. Europe Sprinkler Irrigation System Market Analysis, By Application
9.4.3. Europe Sprinkler Irrigation System Market Analysis, By Mobility
9.4.4. Europe Sprinkler Irrigation System Market Analysis, By Field Size
9.4.5. By Country
9.4.5.1. Germany
9.4.5.2. Spain
9.4.5.3. United Kingdom
9.4.5.4. Italy
9.4.5.5. France
9.4.5.6. Others
9.5. The Middle East and Africa (Value in US$ Million)
9.5.1. Middle East and Africa Sprinkler Irrigation System Market Analysis, By Type
9.5.2. Middle East and Africa Sprinkler Irrigation System Market Analysis, By Application
9.5.3. Middle East and Africa Sprinkler Irrigation System Market Analysis, By Mobility
9.5.4. Middle East and Africa Sprinkler Irrigation System Market Analysis, By Field Size
9.5.5. By Country
9.5.5.1. Saudi Arabia
9.5.5.2. Israel
9.5.5.3. Others
9.6. Asia Pacific (Value in US$ Million)
9.6.1. Asia Pacific Sprinkler Irrigation System Market Analysis, By Type
9.6.2. Asia Pacific Sprinkler Irrigation System Market Analysis, By Application
9.6.3. Asia Pacific Sprinkler Irrigation System Market Analysis, By Mobility
9.6.4. Asia Pacific Sprinkler Irrigation System Market Analysis, By Field Size
9.6.5. By Country
9.6.5.1. China
9.6.5.2. Japan
9.6.5.3. India
9.6.5.4. South Korea
9.6.5.5. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. COMPANY PROFILES
11.1. Valmont Industries
11.2. Lindsay Corporation
11.3. Jain Irrigation System Ltd.
11.4. The Toro Company
11.5. Rivulis Irrigation
11.6. Netafim Ltd
11.7. Rain Bird Corporation
11.8. T-L Irrigation
11.9. Reinke Manufacturing
11.10. Mahindra EPC
