Sep 4, 2020   SOURCE: BusinessWire

Worldwide Sprinkler Irrigation System Market (2020 to 2025) - Featuring Valmont, Lindsay and Jain Irrigation System Among Others - ResearchAndMarkets.com

The "Global Sprinkler Irrigation System Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.

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.

Companies Mentioned

  • Valmont Industries
  • Lindsay Corporation
  • Jain Irrigation System Ltd.
  • The Toro Company
  • Rivulis Irrigation
  • Netafim Ltd
  • Rain Bird Corporation
  • T-L Irrigation
  • Reinke Manufacturing
  • Mahindra EPC

Key Topics Covered:

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

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

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

7.1. Introduction

7.2. Stationary

7.3. Non-Stationary

8. Global Sprinkler Irrigation System Market Analysis, By Field Size

8.1. Introduction

8.2. Small fields

8.3. Medium-sized

8.4. Large fields

9. Global Sprinkler Irrigation System Analysis, by Geography

9.1. Introduction

9.2. North America

9.3. South America

9.4. Europe

9.5. The Middle East and Africa

9.6. Asia Pacific

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

For more information about this report visit https://www.researchandmarkets.com/r/rql4lg