Global Sprinkler Irrigation Systems Market Key Opportunities & Global Forecast, 2020-2027

Agriculture

The use of trusted tools by our analyst has helped them conclude the global Sprinkler Irrigation Systems market size in terms of USD Million during the forecast timeframe. The report showcases the historic data from 2015 to 2018 along with the forecast data from 2019 to 2025. The market research study provides the market statistics and drivers that help the market expand in a graphical and theoretical pattern.

Our experts have used some of the best tools like Porter’s Five Forces, PESTEL analysis, and SWOT analysis to study market trends and challenges. These tools also help study each and every microscopic data that has an impact on market growth. The Sprinkler Irrigation Systems market-oriented study offers all the details such as mergers, joint ventures, market share, market statistics, emerging trends, challenges & opportunities, and new launches.

According to market research, the Sprinkler Irrigation Systems Market in 2019 is approximately USD 57 Million and is anticipated to reach around USD 71 Million by 2026. The anticipated CAGR for the global Testicular Implants market is around 3.10% from 2020 to 2026.

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Sprinkler irrigation is commonly referred to as mechanized irrigation and it is a kind of a crop irrigation system performed using machinery. This system is engineered to release only a specific amount of water and also control and monitors the water resource. In addition to this, these mechanized systems are developed to decrease the growing concern of water stress across the various regions. The sprinkler irrigation systems are present in various types such as lateral move systems, center pivot systems, and solid set irrigation systems.

One of the key drivers of the global Sprinkler Irrigation Systems market is the flexibility of high-end sprinkle equipment and its efficient control over water application has made it effective in most topographic conditions such that the agricultural production and yields double. The sudden shift from conventional irrigation methods to technologically advanced irrigation systems promotes further growth of the market. Moreover, the increasing population and demand for more agricultural products have a positive impact on the global Sprinkler Irrigation Systems market.

The reduction in water wastage and burgeoning demand for irrigation systems propel market growth. Additionally, the increasing government initiatives to preserve water sources and use more irrigation systems such as sprinkler and drip irrigation through subsidies and other beneficial schemes are anticipated to surge the market growth. However, the high initial investments are found to hamper the expansion of the Sprinkler Irrigation Systems market. Apart from this, the low labor costs, ease in operation, and specified amount of spraying fertilizers & chemicals will supplement the market growth. Furthermore, the integration of remote sensing and information technologies helps promote sprinkler irrigation systems usage and in turn, open lucrative opportunities for market players during the forecast period.

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By type, the global Sprinkler Irrigation Systems market is divided Lateral Move Irrigation Systems, Solid Set Sprinkler Systems, Center Pivot Irrigation Systems, and Others. On the basis of crop type, the market is segregated into Oilseeds & Pulses, Cereals, Fruits & Vegetables, and Others. In terms of field size, the Sprinkler Irrigation Systems market is categorized into Small Fields, Large Fields, and Medium-Sized. Based on mobility, the industry is segregated into Towable and Stationary.

Key players in global Sprinkler Irrigation Systems market include Nelson Irrigation Corporation, Valmont Industries, The Toro Company, Rivulis Irrigation Ltd., Lindsay Corporation, Hunter Industries, Antelco Pty Ltd., Netafim Limited, Mahindra EPC Ltd., Rain Bird Corporation, Jain Irrigation Systems Ltd., T-L Irrigation, Alkhorayef Group, Reinke Manufacturing Co., Inc., Elgo Irrigation Ltd., and Irritec S.p.A.

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Global Sprinkler Irrigation Systems market is segmented into:

Global Sprinkler Irrigation Systems Market: By Type

  • Center Pivot Irrigation Systems
  • Lateral Move Irrigation Systems
  • Solid Set Sprinkler Systems
  • Others

Global Sprinkler Irrigation Systems Market: By Crop Type

  • Cereals
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Others

Global Sprinkler Irrigation Systems Market: By Field Size

  • Small fields
  • Medium-sized
  • Large fields

Global Sprinkler Irrigation Systems Market: By Mobility

  • Stationary
  • Towable

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