Irrigation Equipment Market is expected to increase at a compound annual growth rate (CAGR) of 21.1% from 2025 to 2035

 

The irrigation equipment market was estimated to be worth USD 7.6 billion globally in 2024, and a compound annual growth rate of 21.1% is anticipated over the course of the forecast period. The industry is expanding rapidly due to government programs for water conservation and growing water scarcity. The industry is expanding rapidly due to the growing use of precision agricultural methods and the growing focus on organic farming.

Increased automation in irrigation systems and technological developments in agricultural practices is anticipated to create growth prospects for the market's stakeholders. Another important issue is the growing disposable income of farmers worldwide.

 

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Growth Drivers

People around the world are becoming far more conscious of the global water shortage. The industry is expanding due to the growing use of precision agricultural methods. The market for irrigation equipment is expanding due to the growing demand to mechanize agricultural operations. Farmers are now able to purchase contemporary agricultural irrigation equipment thanks to rising disposable income. The market is expanding considerably as a result of government water conservation measures.

The primary driver of this market's notable expansion is the growing need for crop yield efficiency. The primary driver of the market's notable expansion is automation in irrigation systems and the government's emphasis on giving farmers subsidies. The market is expanding due to the expansion of agriculture in arid and semi-arid regions. As the world's population grows, there will eventually be a need for more food, which calls for more effective crop production. The need for irrigation equipment is rising quickly in order to increase agricultural output.

Segmentation

By Components

·         Tubing

·         Sprinklers

·         Emitter/Drippers

·         Pumping

·         Irrigation Valves

·         Filters

·         Connectors

·         Irrigation Controllers

·         Sensors

·         Pressure Regulators

·         Other Components

By Irrigation Type

·         Drip Irrigation

·         Sprinkler Irrigation

·         Pivot Irrigation

·         Other Irrigation Types

By Application

·         Agricultural Irrigation Equipment

·         Non-Agricultural Irrigation Equipment

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Europe

·         Middle East and Africa

 

Key Players

·         The Taro Company

·         Jain Irrigation Systems Ltd.

·         Netafim Ltd.

·         Lindsay Corporation

·         Hunter Industries Inc.

·         Nelson Irrigation Corporation

·         Galcon Bakarim Agricultural Cooperative Society Ltd.

·         Rivulis Irrigation Ltd.

·         T-L Irrigation Company

·         Other Players

 

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

                                   

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