The Sprinkler Irrigation Global Market Report 2023, provides comprehensive information on the sprinkler irrigation market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Sprinkler Irrigation Global Market Report 2023, the market size is expected to grow from$2.57 billion in 2022 to $2.76 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of global sprinkler irrigation is expected to grow to $3.9 billion in 2027 at a CAGR of 9.0%.
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Technological advancements are a key trend gaining popularity in the sprinkler irrigation market. For instance, in 2021, Netafim India, a manufacturer of irrigation equipment, launched a new Flexi Sprinkler Kit, which provides the highest level of water distribution uniformly across the field and displays long-lasting performance. It is equipped with a robust D-Net 3D diffusion arm suitable for small as well as large fields.
The sprinkler irrigation market is segmented:
1) By Type: Centre Pivot Irrigation Systems, Lateral Move Irrigation Systems, Solid Set Sprinkler Systems, Others
2) By Application: Field Crops, Orchard Crops, Landscape and Turf, Others
3) By Field Size: Small Fields, Medium-Sized Fields, Large Fields
4) By Mobility: Stationary, Towable
North America was the largest region in the sprinkler irrigation market in 2022.
The table of contents in TBRC’s sprinkler irrigation market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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