Sprinkler Irrigation System Market Size, Share, Growth Analysis, By Type(Center Pivot, Lateral Move, Solid Set), By Crop Type(Cereals, Oilseeds & Pulses, Fruits & Vegetables), By Field Size(Small, Medium, Large), By Mobility(Stationary, Towable), By Region - Industry Forecast 2024-2031

Sprinkler Irrigation System Market size was valued at USD 2285.07 million in 2019 and is poised to grow from USD 2426.66 million in 2023 to USD 3884.01 million by 2031, growing at a CAGR of 6.05% in the forecast period (2024-2031).

The existence of prominent, regional and international businesses has moderately consolidated the market's competitive environment in the sprinkler irrigation system market. Market companies are being encouraged to expand in economies where modern irrigation systems are becoming more and more popular, particularly in nations where water scarcity is already a problem or is predicted to become one in the future. Massive market players are constantly working to boost their sales by launching new products, engaging in merger and acquisition activity, and working with the government to raise public knowledge of the systems and their advantages. Some of the businesses with the largest market shares for sprinkler irrigation include Lindsay Corporation, Jain Irrigation Systems Ltd., Netafim Limited, and Valmont Industries. 'Jain Irrigation Systems Ltd.', 'Netafim Limited', 'Lindsay Corporation', 'Valmont Industries Inc.', 'T-L Irrigation Co.', 'Rain Bird Corporation', 'The Toro Company', 'Reinke Manufacturing Company Inc.', 'Hunter Industries Inc.', 'Briggs Irrigation', 'Irritrol Systems', 'Nelson Irrigation Corporation', 'Irrigation & Water Technologies (IWT)', 'Rivulis Irrigation Ltd.', 'Senninger Irrigation Inc.', 'EPC Industries Limited', 'Antelco Pty Ltd', 'Eurodrip SA', 'Chinadrip Irrigation Equipment Co. Ltd.', 'Elgo Irrigation Ltd.'

Increasing Concern over Depleting Water Levels to Elevate the Adoption of Sprinkler Irrigation

The sprinkler irrigation system market is estimated to rise as a result of the growing public and private support for irrigation projects in developing nations. In order to meet the requirements of rural communities and farmers, the public and private sectors are collaborating to provide advisory services and information. The market for sprinkler irrigation is expanding as a result of the growing public and private backing for irrigation projects in emerging nations. For example, In Jalgaon, Maharashtra, Jain Irrigation System Limited (JISL) has built a fruit processing and onion dehydration facility that is profit-driven. To get fruits and onions, the company has a contract with nearby farmers. JISL offers high-yielding variety seeds, water and fertiliser management, together with technical know-how, to farmers in order to improve their output. According to the report, JISL's support enabled local farmers to effectively irrigate more than 80% of their onion crops using sprinklers and drip irrigation.

North america to dominate the market owing to large land holding farm sizes in the region