Asia Pacific Irrigation Equipment Market Introduction and Overview
According to SPER Market Research, the Asia Pacific Irrigation Equipment Market is estimated to reach USD 9.11 billion by 2033 with a CAGR 6.65%.
The report includes an in-depth analysis of the Asia Pacific Irrigation Equipment Market, including market size and trends, product mix, distribution channels, and supplier analysis. Irrigation machinery refers to a wide range of equipment and technology used to control water in agriculture. It consists of pumps, pipelines, sprinklers, drip irrigation systems, center pivot systems, and other associated components. The fundamental goal of irrigation machinery is to give water to crops in a controlled manner, hence optimizing water resource utilization and assuring plant growth and development efficiency.
- T-L Irrigation Co. introduced the Gooseneck Cradle Corner System Attachment in March 2022, with a 24-inch drop in the corner connection point. This reduces the corner span's center of gravity and provides a gooseneck cradle corner system connection alternative.
- In March 2020, Jain Irrigation Systems Limited released Jain Unity, an autonomous irrigation system that improves efficiency and decreases water waste.
Market Opportunities and Challenges
Opportunities:
Governments have greatly increased their efforts in recent years to assist farmers through a variety of policies and initiatives. This increased attention is a result of the vital role that agriculture plays in providing food and other necessities, the changing difficulties that farmers face in the contemporary economy, and the necessity of ensuring agriculture's long-term viability. Irrigation systems are extensively promoted by government agencies around the world as a component of water resource conservation programs. These initiatives help farmers implement a variety of agricultural irrigation tools and cutting-edge irrigation technologies.
There are serious worries about the sustainability of agriculture worldwide as a result of the quick depletion of water supplies in many parts of the world. Many nations' governments are placing a strong emphasis on the creation and uptake of sustainable agricultural irrigation systems. In order to save water and cut down on waste, this government assistance also encourages farmers to purchase sophisticated and effective irrigation methods, including drip irrigation or precision sprinklers. Governments are essential in advancing sustainable farming methods and guaranteeing food security for the expanding population by encouraging the use of contemporary irrigation technologies.
Challenges:
High initial costs connected with the use of irrigation machinery to limit market growth - Sprinkler and drip irrigation systems are noted for their technological complexity. These irrigation systems are expensive to build, which further limits their usage in developing nations. Small-scale farmers in such nations are extremely hesitant to utilize irrigation systems due to the hefty initial investment costs. Thus, the adoption rate for drip irrigation systems is influenced by a lack of funds for purchasing and installing the equipment. This, in turn, is likely to limit the growth of the irrigation machinery market during the forecast period.
Market Competitive Landscape
The market share study shows that the market being investigated has been consolidated, with significant players accounting for the vast majority of the market share. With the government's emphasis on increasing the penetration of water conservation and efficiency, powered by the micro-irrigation system, the market is expected to expand significantly in the near future. This is projected to assist businesses such as Jain Irrigation Systems Limited, EPC Industries Ltd, and Netafim Ltd, among others.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Application |
| Regions covered | China, Japan, India, South Korea, Australia, Indonesia, Others |
| Companies Covered | Jain Irrigation Systems Ltd (JISL), EPC Industries Ltd, Netafim Ltd, Rivulis Irrigation Ltd, Harvel Agua India Private Limited, Kothari Agritech Private Limited, Valmont Industries, Deere & Company, Lindsay Corporation, Rain Bird Corporation. |
By Type Analysis
The Asia-Pacific irrigation equipment market is divided into several types: drip irrigation, sprinkler irrigation, pivot irrigation, furrow irrigation systems, and terraced irrigation. Drip irrigation is estimated to dominate the Asia-Pacific irrigation equipment market by 2024. This segment's large market share is attributed to factors such as rising demand for drip irrigation systems, particularly in row and horticultural crops, rising government support and subsidies for drip irrigation to mitigate the impact of water scarcity, and rising demand for precision irrigation technologies.
COVID-19 Impact on Asia Pacific Irrigation Equipment Market
The Asia-Pacific irrigation machinery market was affected by the Covid-19 outbreak in a variety of ways. Although the supply chain and building operations were disrupted during the initial phase of the pandemic, the agriculture sector remained resilient and continued to function, guaranteeing the provision of food. Governments supported farmers by offering subsidies for irrigation equipment since they understood how important it was to continue agricultural activity. As a result, there was an increase in demand for cutting-edge irrigation methods to boost food security and agricultural output. Additionally, the epidemic hastened the use of digital technologies for irrigation system management and remote monitoring. All things considered, during the difficult Covid-19 pandemic, the Asia-Pacific irrigation machinery market showed resiliency and flexibility.
Key Target Audience:
- Farmers and Agricultural Producers
- Agricultural Cooperatives and Associations
- Government Bodies and Regulatory Agencies
- Irrigation Equipment Manufacturers and Suppliers
- Irrigation Contractors and Service Providers
- Research and Academic Institutions
- Environmental and Water Conservation Organizations
- Financial Institutions and Investment Firms
Our in-depth analysis of the Asia Pacific Irrigation Equipment Market includes the following segments:
| By Type: | Sprinkler IrrigationPumping Unit Tubing Couplers Spray/Sprinklers Heads Fittings and AccessoriesDrip IrrigationValves Backflow Preventers Pressure Regulators Filters Emitters Tubing Other Drip Irrigation TechniquesPivot Irrigation |
| By Application: | CropField Crop Vegetable FruitNon-cropTurf and Ornamental |
Key Topics Covered in the Report:
- Asia Pacific Irrigation Equipment Market Size (FY’2024-FY’2033)
- Overview of Asia Pacific Irrigation Equipment Market
- Segmentation of Asia Pacific Irrigation Equipment Market By (Sprinkler, Drip, and Pivot)
- Segmentation of Asia Pacific Irrigation Equipment Market By Application (Crop and Non-crop)
- Statistical Snap of Asia Pacific Irrigation Equipment Market
- Expansion Analysis of Asia Pacific Irrigation Equipment Market
- Problems and Obstacles in Asia Pacific Irrigation Equipment Market
- Competitive Landscape in the Asia Pacific Irrigation Equipment Market
- Impact of COVID-19 and Demonetization on Asia Pacific Irrigation Equipment Market
- Details on Current Investment in Asia Pacific Irrigation Equipment Market
- Competitive Analysis of Asia Pacific Irrigation Equipment Market
- Prominent Players in the Asia Pacific Irrigation Equipment Market
- SWOT Analysis of Asia Pacific Irrigation Equipment Market
- Asia Pacific Irrigation Equipment Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Asia Pacific Irrigation Equipment Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia Pacific Irrigation Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Irrigation Equipment Market
7. Asia Pacific Irrigation Equipment Market, By Type (USD Million) 2020-2033
7.1. Asia Pacific Irrigation Equipment Market Size, Share and Forecast, By Type, 2020-2026
7.2. Asia Pacific Irrigation Equipment Market Size, Share and Forecast, By Type, 2027-2033
7.3. Sprinkler Irrigation
7.3.1. Pumping Unit
7.3.2. Tubing
7.3.3. Couplers
7.3.4. Spray/Sprinklers Heads
7.3.5. Fittings and Accessories
7.4. Drip Irrigation
7.4.1. Valves
7.4.2. Backflow Preventers
7.4.3. Pressure Regulators
7.4.4. Filters
7.4.5. Emitters
7.4.6. Tubing
7.4.7. Other Drip Irrigation Techniques
7.5. Pivot Irrigation
8. Asia Pacific Irrigation Equipment Market, By Application (USD Million) 2020-2033
8.1. Asia Pacific Irrigation Equipment Market Size, Share and Forecast, By Application, 2020-2026
8.2. Asia Pacific Irrigation Equipment Market Size, Share and Forecast, By Application, 2027-2033
8.3. Crop
8.3.1. Field Crop
8.3.2. Vegetable
8.3.3. Fruit
8.4. Non-crop
8.4.1. Turf and Ornamental
9. Asia Pacific Irrigation Equipment Market Forecast, 2020-2033 (USD Million)
9.1. Asia Pacific Irrigation Equipment Market Size and Market Share
10. Asia Pacific Irrigation Equipment Market, By Region, 2020-2033 (USD Million)
10.1. Asia Pacific Irrigation Equipment Market Size and Market Share By Region (2020-2026)
10.2. Asia Pacific Irrigation Equipment Market Size and Market Share By Region (2027-2033)
10.3. China
10.4. Japan
10.5. India
10.6. South Korea
10.7. Australia
10.8. Indonesia
10.9. Others
11. Company Profile
11.1. Jain Irrigation Systems Ltd (JISL)
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. EPC Industries Ltd
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Netafim Ltd
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Rivulis Irrigation Ltd
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Harvel Agua India Private Limited
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Kothari Agritech Private Limited
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Valmont Industries
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Deere & Company
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Lindsay Corporation
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Rain Bird Corporation
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
