Global Sprinkler Irrigation Systems Market Size, Trends & Analysis - Forecasts to 2026
Sprinkler Irrigation Systems Market Insights The global sprinkler irrigation systems market is estimated to witness a high CAGR during the forecast period (2019-2026). Sprinkler irrigation is also known as mechanized irrigation that involves the aid of machinery, engineered pump to control and monitor the water resource, resulting in water and energy savings. Rapidly growing population across the world along with growing demand for agricultural products are some of the major factors driving the market growth. The changing climatic conditions and growing awareness about water management are boosting the demand for sprinkler irrigation systems as well. Growing need for higher crop yield along with efficient use of water is driving the market for sprinkler irrigation systems. Increased government efforts to conserve water sources along with favorable government policies towards drip irrigation are also expected to boost the sprinkler irrigation systems market during the forecast period. Request a free sample copy of the report @https://www.globalmarketestimates.com/report-summary.php?report_id=1640&report_name=global-sprinkler-irrigation-systems-market Sprinkler Irrigation Systems Market: By Type On the basis of type, the global sprinkler irrigation systems market is segmented into center pivot irrigation systems, lateral move irrigation systems, and solid set sprinkler systems, among others. The lateral move irrigation systems segment is expected to be the fastest growing type in sprinkle irrigation systems during the forecast period. The capital cost required for lateral systems are lower compared to of pivot irrigation systems. These systems are majorly preferred for large areas and agriculture lands. Lateral irrigation systems have a uniform pressure along the length and are also more labor-intensive. Sprinkler Irrigation Systems Market: By Crop Type On the basis of crop type, the market is segmented into cereals, oilseeds & pulses, and fruit & vegetables, among others. Cereals segment is dominating the market and is projected to grow at the highest CAGR during the forecast period. Cereals crops are mainly cultivated in large fields, where mechanized irrigation is used for proper growth and yield. The oilseeds & pulses segment is expected to be the fastest growing crop type during the forecast period. Oilseed crops are provided with management options for irrigators seeking to reduce irrigation requirements, diversification, and input costs. Sprinkler Irrigation Systems Market: By Field Size Based on field size, the sprinkler irrigation systems market is segmented into small, medium, and large fields. Large fields segment is dominating the market and is projected to grow at a high CAGR in terms of revenue during the forecast period. Availability of equipment for spraying fertilizers & chemicals using sprinklers, along with reduction in labor costs, and ease of operations is driving the market for sprinkler irrigation systems. Increased public and private support for irrigation projects in developing economies is one of the major factors driving the market for large field segment. Sprinkler Irrigation Systems Market: By Region On the basis of region, the global sprinkler irrigation systems market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Central & South America. North America region is dominating the global sprinkler irrigation system market. The penetration of sprinkler irrigation systems is the highest in North America due to the presence of key players such as Valmont Industries, Lindsay Corporation, T-L Irrigation, and Reinke Manufacturing, Inc. among others. According to the data published by International Groundwater Resource Assessment Centre, about 60% of the irrigated area in the U.S is using groundwater, which is considered as a major market in the region. Asia Pacific region is expected to grow at the highest CAGR during the forecast period. Growing adoption of new irrigation technologies in India, China and Japan are driving the market for sprinkler irrigation systems. Favorable government policies and growing investments in irrigation projects in India is one of the major factors driving the market growth. Sprinkler Irrigation Systems Market: End Use Landscape The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase. The key end-users of the markets are American Irrigation Systems Inc., and NetaFim among others. Sprinkler Irrigation Systems Market: Vendor Landscape The report contains a chapter dedicated to vendors operating in the Sprinkler Irrigation Systems market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies. Sprinkler Irrigation Systems Market Share & Competitor Analysis Some of the key players operating in the sprinkler irrigation systems market are Valmont Industries, Lindsay Corporation, Jain Irrigation Systems Ltd, The Toro Company, Rivulis Irrigation Ltd., Netafim Limited, Rain Bird Corporation, T-L Irrigation, Reinke Manufacturing Co., Inc., Nelson Irrigation Corporation, Hunter Industries, Mahindra EPC Ltd., and Alkhorayef Group among others. In August 2019, Valley Irrigation announced the launch of Valley 365 a new single-source platform for connected crop management platform in 2020 In April 2019, Lindsay Corporation signed an agreement with Climate Corporation a subsidiary of Bayer to deliver data-driven irrigation management insights for farmers In April 2016, Jain Irrigation Systems Ltd. signed an agreement with Tata Trusts for improving agriculture extension, agribusiness and research and development systems in multiple geographies Browse the report @https://www.globalmarketestimates.com/report-summary.php?report_id=1640&report_name=global-sprinkler-irrigation-systems-market
29 views • 2 slides
