Sprinkler Irrigation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user and Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

The global sprinkler irrigation market is experiencing significant growth, fueled by increasing efforts from governments and industry players to promote sprinkler irrigation systems and expand the area covered by them. Sprinkler irrigation systems are gaining popularity due to their high application efficiency, easy mechanization, low labor costs, and the potential to provide soluble chemicals and fertilizers to crops. As the world faces a looming water crisis and expanding global population, sustainable farming techniques like sprinkler irrigation are becoming essential.

Increasing Farmer Acceptance and Precision Agriculture to Drive Market Expansion

Farmers worldwide, especially in countries like China and India, are increasingly adopting sprinkler irrigation systems for various crops such as grains, oilseeds, fruits, and vegetables. The growing acceptance of agriculture automation technologies and precision farming is expected to further boost the sprinkler irrigation market. Additionally, the demand for efficient water-use systems in extreme climatic conditions and the implementation of irrigation automation technology in public spaces are contributing to market growth. High returns on investments and the rising popularity of organic farming are also supporting the market expansion.

COVID-19 Impact and Market Resilience

While the global COVID-19 pandemic and subsequent lockdowns have impacted the agriculture sector, the sprinkler irrigation market has shown resilience. Automated sprinkler systems in developed markets like North America and Europe, along with lower labor requirements, have helped maintain market stability. However, economic slowdowns resulting from the pandemic may affect expensive sprinkler irrigation system installations in developing nations like India, China, South Africa, and Pakistan.

Innovations in Irrigation Products

The increasing demand for sprinkler irrigation has spurred innovations in irrigation systems, resulting in improved water resource monitoring and greater efficiency. Key players in the market are incorporating new features and improving existing ones through technological advancements. Agriculture sensor-based irrigation systems, remote-controllable systems, user-friendly control panels, and advanced irrigation components are some of the latest developments enhancing water resource management and irrigation efficiency.

High Government Support Boosting Market Growth

Governments of water-depleting nations are implementing sustainable agricultural development plans and offering substantial subsidies for adopting sprinkler systems. Numerous programs and technical support provided by governments and non-governmental organizations for the installation of sprinkler systems are creating lucrative growth opportunities in the long run.

Challenges and Dominant Categories

High capital investments and installation costs can be challenging for widespread adoption of advanced irrigation systems like sprinklers. The center pivot category currently dominates the market due to its widespread use and water application uniformity. Agricultural field crops lead the market due to their high demand and water-intensive nature.

North America Spearheading Market Growth

North America, particularly the US and Canada, is leading the market with well-established participants, cutting-edge agricultural technology, and ample cultivating lands. The region's increasing use of sprinkler irrigation techniques, water scarcity, and adoption of advanced irrigation methods are contributing to market growth. In the Asia Pacific, countries like China and India are witnessing stable revenue growth due to the importance of agriculture as a revenue-generating industry and strong government support.

Global Sprinkler Irrigation Market: Competitive Landscape

Key players in the sprinkler irrigation market include Valmont Industries Inc. (U.S.), Lindsay Corporation (U.S.), T-L Irrigation Co (U.S.), Reinke Manufacturing Company Inc. (U.S.), and Jain Irrigation Systems Ltd. (India).