Sprinkler Irrigation Systems Market Share

Geographically, the sprinkler irrigation systems market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.

North America industry is estimated to hold largest revenue share by 2036, attributed to high production of corn, large field sizes, and high farm revenue in the region. further display growth opportunities for the sprinkler irrigation systems market.

In European regions, increasing awareness for modern irrigation systems, their widespread utilization, and allotment of huge land areas under sprinkler irrigation system is expected to boost the market growth.

Flexible and Precise Irrigation Platform to Improve Farm Scale Water Productivity (FIGARO) was a European research project co-funded by the European Commission under the 7th Framework Programme (FP7) for significant reduction in the use of freshwater on farm level through evolving a cost-effective, precision irrigation management platform.

The Asia Pacific sprinkler irrigation systems market is anticipated to register substantial growth in the global market in terms of revenue over the forecast period. Factors, such as government initiatives and investments for technologically advanced farm equipment and treatment ways, the necessity of high-quality agricultural yield, rising import & export situation, along with increasing water stress in the region, are the key contributors of growth in this region. Additionally, agro-climatic conditions and a high proportion of available agricultural land in countries such as China, Japan, and India are anticipated to drive the growth of the market in the region.

The Government of India in its scheme Pradhan Mantri Krishi Sinchayee Yojana encourages the usage of sprinkler irrigation to save water.

The sprinkler irrigation systems market in the Middle East and African regions are also expected to witness significant growth opportunities majorly due to strong government support policies. A series of resourceful irrigation systems in Mozambique, Tanzania, and Zimbabwe have revealed multiple impacts including lesser water usage, reduced conflict, higher crop yields, and better on and off-farm household incomes.

The bilateral relations between India and Israel resulted in the Indo-Israeli Agricultural Cooperation Project started in 2008 and leading to the signing of a three-year Action Plan built on a government to government agreement.

However, in developing countries such as India, China, South Africa, Pakistan, and others, the economic slowdown caused due to the COVID 19 pandemic can affect the annual installations of high priced sprinkler irrigation systems.