Sprinkler Irrigation Systems Market to Reach 4.27 Billion USD by 2022

The Sprinkler irrigation systems market is projected to grow at a CAGR of 14.97% from 2017, to reach a value of USD 4.27 billion by 2022. The growing requirement of irrigation facilities for agricultural production & yields and enhancing farmland values have contributed to the growth of the sprinkler irrigation systems.

Center pivot irrigation systems were the most dominant type segment in 2016; the market for these systems is projected to grow at the highest rate due to the adaptability of these systems to different terrains, crop type, land sizes, and weather conditions. Other systems such as micro-sprinklers are gaining popularity as garden and lawn sprinklers for the purpose of lawn maintenance.

The use of sprinkler irrigation systems in large fields is projected to grow at the highest rate, due to the growing trend of consolidation of small and medium-sized land holdings into large land holdings witnessed in various irrigation markets around the globe.

Rapid growth in the demand for cereal crops from increasing population and use of cereals in animal feed and biofuels is also driving the application of sprinkler irrigation systems in cereal crops. The acreage under the stationary mechanized irrigation systems is large, as they are the conventional irrigation systems. Also, for large acreages, the use of towable irrigation systems has not been conducive.

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North America accounted for the largest market share in 2016, while RoW is projected to grow at the highest CAGR for the next five years. North America extensively uses mechanized irrigation systems to maximize the production and increase the export trade. Large irrigation projects in South Africa, Saudi Arabia, and Egypt are driving the growth of mechanized irrigation systems market in RoW.

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