This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The precision irrigation market size has grown rapidly in recent years. It will grow from $9.55 billion in 2024 to $11.13 billion in 2025 at a compound annual growth rate (CAGR) of 16.6%. The growth in the historic period can be attributed to increasing concerns about water scarcity and drought conditions, climate change impacts, increasing adoption of IoT and AI increasing farm sizes, rising labor costs.
The precision irrigation market size is expected to see rapid growth in the next few years. It will grow to $20.29 billion in 2029 at a compound annual growth rate (CAGR) of 16.2%. The growth in the forecast period can be attributed to climate change adaptation, demand for sustainable agriculture solutions, expansion of smart agriculture practices, growing recognition of the interconnectedness between water. Major trends in the forecast period include integration with digital farming platforms, enhanced water management solutions, integration with climate-smart agriculture practices, water-energy nexus optimization, IoT and sensor technologies.
The escalating demand for agricultural products is anticipated to drive growth in the precision irrigation market. Agricultural products, which encompass goods or commodities cultivated through farming practices, are witnessing increased demand due to various factors such as population growth, dietary shifts, biofuel production, urbanization, and concerns regarding food security. Precision irrigation technology plays a pivotal role in the agricultural sector by delivering water to crops with precision and efficiency, thereby optimizing water usage, minimizing water wastage, and enhancing crop yields. For example, reports published by Agriculture and Agri-Food Canada in January 2023 highlighted a significant increase of 34.1% in Canada's total field crop production compared to 2021, with wheat production (excluding durum) experiencing a notable 47% surge, reaching 28.4 million metric tons in the 2022-23 period. This underscores the critical role of precision irrigation in meeting the growing demands of the agriculture sector.
Key players in the precision irrigation market are focusing on developing innovative filtration systems tailored for irrigation purposes, such as AlphaDisc filters, to enhance the protection of irrigation systems against clogging caused by organic contaminants. AlphaDisc filtration systems utilize advanced technology and designs to efficiently remove impurities and particles from fluids. For instance, Netafim launched its AlphaDisc filter in February 2022, featuring high efficiency, precise depth filtration, and a hyper-modular design for easy scalability. This innovative filter addresses challenges posed by deteriorating water quality, pollution, and climate change, thereby improving growing conditions, reducing the risk of clogging, and ultimately increasing crop yields.
In January 2023, CropX Technologies bolstered its presence in the agricultural technology industry through the acquisition of Tule Technologies, aimed at enhancing its irrigation solutions and farm management tools, particularly in California. Tule Technologies, a US-based precision irrigation company, specializes in developing automated irrigation management platforms for site-specific irrigation. This strategic acquisition enables CropX Technologies to expand its footprint in key agricultural regions, enrich its data for more robust farm management solutions, and strengthen its position as a leader in precision irrigation technology.
Major companies operating in the precision irrigation market are Deere & Company, The Toro Company, Valmont Industries, Trimble Navigation Limited, Netafim Ltd., Rain Bird Corporation, Lindsay Corporation, Jain Irrigation Systems Ltd., Ewing Irrigation & Landscape Supply, Hunter Industries, Rivulis Irrigation Ltd., Reinke Manufacturing Company Inc., T-L Irrigation Co, Nelson Irrigation Corporation, Grodan B.V., Hydropoint Data Systems Inc., Cadman Power Equipment Ltd., Signature Control Systems Inc., Precision Lawn Irrigation Inc., Aquaspy Inc., CropMetrics LLC, Hortau Inc., Irrometer Company Inc., Mahindra EPC Industries Limited, AgSmarts Inc., Precision Irrigation Services Pvt Ltd.
North America was the largest region in the precision irrigation market in 2024. The regions covered in the precision irrigation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the precision irrigation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The precision irrigation market consists of revenues earned by entities by providing services such as site assessment, soil moisture monitoring, weather monitoring, data analysis, and water resource management. The market value includes the value of related goods sold by the service provider or included within the service offering. The precision irrigation market also includes sales of drip irrigation systems, micro-sprinklers and sprayers, soil moisture sensors, smart controllers, smart irrigation controllers, and fertigation equipment. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Precision irrigation revolutionizes agricultural practices by delivering water and nutrients precisely to plants, enhancing efficiency and sustainability. This method employs advanced technologies to optimize water usage, minimize waste, and improve crop yield and quality, aiding farmers in boosting productivity while conserving water resources.
Two primary types of precision irrigation are sprinkler and drip irrigation. Sprinkler irrigation disperses water through a network of pipes, pumps, and sprinkler heads, providing solutions and services for various end-users including agriculture, residential areas, turf and sports fields, golf courses, parks, and landscapes.
The precision irrigation market research report is one of a series of new reports that provides precision irrigation market statistics, including precision irrigation industry global market size, regional shares, competitors with a precision irrigation market share, detailed precision irrigation market segments, market trends and opportunities, and any further data you may need to thrive in the precision irrigation industry. This precision irrigation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The precision irrigation market size has grown rapidly in recent years. It will grow from $9.55 billion in 2024 to $11.13 billion in 2025 at a compound annual growth rate (CAGR) of 16.6%. The growth in the historic period can be attributed to increasing concerns about water scarcity and drought conditions, climate change impacts, increasing adoption of IoT and AI increasing farm sizes, rising labor costs.
The precision irrigation market size is expected to see rapid growth in the next few years. It will grow to $20.29 billion in 2029 at a compound annual growth rate (CAGR) of 16.2%. The growth in the forecast period can be attributed to climate change adaptation, demand for sustainable agriculture solutions, expansion of smart agriculture practices, growing recognition of the interconnectedness between water. Major trends in the forecast period include integration with digital farming platforms, enhanced water management solutions, integration with climate-smart agriculture practices, water-energy nexus optimization, IoT and sensor technologies.
The escalating demand for agricultural products is anticipated to drive growth in the precision irrigation market. Agricultural products, which encompass goods or commodities cultivated through farming practices, are witnessing increased demand due to various factors such as population growth, dietary shifts, biofuel production, urbanization, and concerns regarding food security. Precision irrigation technology plays a pivotal role in the agricultural sector by delivering water to crops with precision and efficiency, thereby optimizing water usage, minimizing water wastage, and enhancing crop yields. For example, reports published by Agriculture and Agri-Food Canada in January 2023 highlighted a significant increase of 34.1% in Canada's total field crop production compared to 2021, with wheat production (excluding durum) experiencing a notable 47% surge, reaching 28.4 million metric tons in the 2022-23 period. This underscores the critical role of precision irrigation in meeting the growing demands of the agriculture sector.
Key players in the precision irrigation market are focusing on developing innovative filtration systems tailored for irrigation purposes, such as AlphaDisc filters, to enhance the protection of irrigation systems against clogging caused by organic contaminants. AlphaDisc filtration systems utilize advanced technology and designs to efficiently remove impurities and particles from fluids. For instance, Netafim launched its AlphaDisc filter in February 2022, featuring high efficiency, precise depth filtration, and a hyper-modular design for easy scalability. This innovative filter addresses challenges posed by deteriorating water quality, pollution, and climate change, thereby improving growing conditions, reducing the risk of clogging, and ultimately increasing crop yields.
In January 2023, CropX Technologies bolstered its presence in the agricultural technology industry through the acquisition of Tule Technologies, aimed at enhancing its irrigation solutions and farm management tools, particularly in California. Tule Technologies, a US-based precision irrigation company, specializes in developing automated irrigation management platforms for site-specific irrigation. This strategic acquisition enables CropX Technologies to expand its footprint in key agricultural regions, enrich its data for more robust farm management solutions, and strengthen its position as a leader in precision irrigation technology.
Major companies operating in the precision irrigation market are Deere & Company, The Toro Company, Valmont Industries, Trimble Navigation Limited, Netafim Ltd., Rain Bird Corporation, Lindsay Corporation, Jain Irrigation Systems Ltd., Ewing Irrigation & Landscape Supply, Hunter Industries, Rivulis Irrigation Ltd., Reinke Manufacturing Company Inc., T-L Irrigation Co, Nelson Irrigation Corporation, Grodan B.V., Hydropoint Data Systems Inc., Cadman Power Equipment Ltd., Signature Control Systems Inc., Precision Lawn Irrigation Inc., Aquaspy Inc., CropMetrics LLC, Hortau Inc., Irrometer Company Inc., Mahindra EPC Industries Limited, AgSmarts Inc., Precision Irrigation Services Pvt Ltd.
North America was the largest region in the precision irrigation market in 2024. The regions covered in the precision irrigation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the precision irrigation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The precision irrigation market consists of revenues earned by entities by providing services such as site assessment, soil moisture monitoring, weather monitoring, data analysis, and water resource management. The market value includes the value of related goods sold by the service provider or included within the service offering. The precision irrigation market also includes sales of drip irrigation systems, micro-sprinklers and sprayers, soil moisture sensors, smart controllers, smart irrigation controllers, and fertigation equipment. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Precision irrigation revolutionizes agricultural practices by delivering water and nutrients precisely to plants, enhancing efficiency and sustainability. This method employs advanced technologies to optimize water usage, minimize waste, and improve crop yield and quality, aiding farmers in boosting productivity while conserving water resources.
Two primary types of precision irrigation are sprinkler and drip irrigation. Sprinkler irrigation disperses water through a network of pipes, pumps, and sprinkler heads, providing solutions and services for various end-users including agriculture, residential areas, turf and sports fields, golf courses, parks, and landscapes.
The precision irrigation market research report is one of a series of new reports that provides precision irrigation market statistics, including precision irrigation industry global market size, regional shares, competitors with a precision irrigation market share, detailed precision irrigation market segments, market trends and opportunities, and any further data you may need to thrive in the precision irrigation industry. This precision irrigation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Precision Irrigation Market Characteristics3. Precision Irrigation Market Trends and Strategies4. Precision Irrigation Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Precision Irrigation Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Precision Irrigation Market34. Recent Developments in the Precision Irrigation Market
5. Global Precision Irrigation Growth Analysis and Strategic Analysis Framework
6. Precision Irrigation Market Segmentation
7. Precision Irrigation Market Regional and Country Analysis
8. Asia-Pacific Precision Irrigation Market
9. China Precision Irrigation Market
10. India Precision Irrigation Market
11. Japan Precision Irrigation Market
12. Australia Precision Irrigation Market
13. Indonesia Precision Irrigation Market
14. South Korea Precision Irrigation Market
15. Western Europe Precision Irrigation Market
16. UK Precision Irrigation Market
17. Germany Precision Irrigation Market
18. France Precision Irrigation Market
19. Italy Precision Irrigation Market
20. Spain Precision Irrigation Market
21. Eastern Europe Precision Irrigation Market
22. Russia Precision Irrigation Market
23. North America Precision Irrigation Market
24. USA Precision Irrigation Market
25. Canada Precision Irrigation Market
26. South America Precision Irrigation Market
27. Brazil Precision Irrigation Market
28. Middle East Precision Irrigation Market
29. Africa Precision Irrigation Market
30. Precision Irrigation Market Competitive Landscape and Company Profiles
31. Precision Irrigation Market Other Major and Innovative Companies
35. Precision Irrigation Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Precision Irrigation Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on precision irrigation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for precision irrigation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The precision irrigation market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Sprinkler Irrigation; Drip Irrigation2) By Offering: Solutions; Services
3) By End User: Agriculture; Residential; Turf And Sport Fields; Golf Courses, Parks, And Landscapes; Other End Users
Subsegments:
1) By Sprinkler Irrigation: Center Pivot Irrigation; Lateral Move Irrigation; Fixed Sprinkler Systems; Mobile Sprinkler Systems2) By Drip Irrigation: Surface Drip Irrigation; Subsurface Drip Irrigation; Online Drip Irrigation; Point Source Drip Irrigation
Key Companies Mentioned: Deere & Company; The Toro Company; Valmont Industries; Trimble Navigation Limited; Netafim Ltd
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Precision Irrigation market report include:- Deere & Company
- The Toro Company
- Valmont Industries
- Trimble Navigation Limited
- Netafim Ltd
- Rain Bird Corporation
- Lindsay Corporation
- Jain Irrigation Systems Ltd
- Ewing Irrigation & Landscape Supply
- Hunter Industries
- Rivulis Irrigation Ltd
- Reinke Manufacturing Company Inc
- T-L Irrigation Co
- Nelson Irrigation Corporation
- Grodan B.V.
- Hydropoint Data Systems Inc
- Cadman Power Equipment Ltd
- Signature Control Systems Inc
- Precision Lawn Irrigation Inc
- Aquaspy Inc
- CropMetrics LLC
- Hortau Inc.
- Irrometer Company Inc
- Mahindra EPC Industries Limited
- AgSmarts Inc
- Precision Irrigation Services Pvt Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 11.13 Billion |
Forecasted Market Value ( USD | $ 20.29 Billion |
Compound Annual Growth Rate | 16.2% |
Regions Covered | Global |
No. of Companies Mentioned | 27 |