Asia-Pacific Irrigation Machinery Market Size (2024 - 2029)

The Asia-Pacific irrigation machinery market is experiencing growth driven by increasing water scarcity and the need for enhanced agricultural productivity. This growth is further supported by the rising awareness of micro-irrigation systems. The market's expansion is facilitated by the consolidation of farmlands, allowing more farmers to invest in advanced irrigation technologies. Companies are actively participating in the market through new product launches, mergers and acquisitions, and the establishment of new manufacturing facilities to maintain their competitive edge.

Market Size of Asia-Pacific Irrigation Machinery Industry

Market overview graph
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 6.20 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

Major Players

Asia-Pacific Irrigation Machinery Market Major Players

*Disclaimer: Major Players sorted in no particular order

APAC Agricultural Irrigation Machinery Market Analysis

The Asia-Pacific irrigation machinery market is expected to register a CAGR of 6.2% during the forecast period, 2020-2025. Water scarcity, being the major concern in the current agricultural scenario, is the foremost factor driving the growth of this sector, followed by the awareness about micro-irrigation systems and the need for high productivity to meet the demand for food. In 2018, the drip irrigation system dominated the market, in terms of revenue, having accounted for aboout 75.5% of the industry. The area under drip irrigation has shown strong growth in productivity over the past few years.

The consolidation of farmlands in various parts of the world is making it possible for more farmers to invest in expensive irrigation machinery, which, in turn, is driving the market. New product launches, mergers and acquisitions, expansion of business units, and opening new manufacturing plants are the most important ventures being undertaken by the companies, to stay active in the market studied.  

APAC Agricultural Irrigation Machinery Industry Segmentation

Irrigation machineries are used to supply water to the crops from a nearby source, by means of a certain channel. This report presents a deeper analysis of the industry's growth trends. 

Type
Sprinkler Irrigation
Pumping Unit
Tubing
Couplers
Spray/Sprinklers Heads
Fittings and Accessories
Drip Irrigation
Valves
Backflow Preventers
Pressure Regulators
Filters
Emitters
Tubing
Other Drip Irrigation Techniques
Pivot Irrigation
Application
Crop
Field Crop
Vegetable
Fruit
Non-crop
Turf and Ornamental
Geography
Asia-Pacific
China
Japan
India
Saudi Arabia
Rest of Asia-Pacific
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Asia-Pacific Irrigation Machinery Market Size Summary

The Asia-Pacific irrigation machinery market is poised for significant growth, driven by the pressing issue of water scarcity and the increasing awareness of micro-irrigation systems. These factors are crucial as they align with the need for enhanced agricultural productivity to meet the rising food demand. The market has seen a strong preference for drip irrigation systems, which have dominated in terms of revenue due to their effectiveness in improving productivity. The consolidation of farmlands has enabled more farmers to invest in advanced irrigation machinery, further propelling market expansion. Companies are actively engaging in new product launches, mergers, acquisitions, and the establishment of new manufacturing facilities to maintain a competitive edge in this dynamic market.

Government initiatives across the Asia-Pacific region are playing a pivotal role in promoting advanced irrigation technologies. Various countries are offering subsidies and benefits to encourage the adoption of micro-irrigation systems. In India, significant financial support has been allocated to promote these technologies under the Pradhan Mantri Krishi Sinchayee Yojna, focusing on crops like cotton and sugarcane. The Indian Agricultural Research Institute is also contributing by developing web-based applications to design efficient micro-irrigation systems. The market is characterized by a few major players holding substantial market share, and with continued government support, the market is expected to experience robust growth, benefiting key companies such as Jain Irrigation Systems Limited, EPC Industries Ltd, and Netafim Ltd.

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Asia-Pacific Irrigation Machinery Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Sprinkler Irrigation

        1. 2.1.1.1 Pumping Unit

        2. 2.1.1.2 Tubing

        3. 2.1.1.3 Couplers

        4. 2.1.1.4 Spray/Sprinklers Heads

        5. 2.1.1.5 Fittings and Accessories

      2. 2.1.2 Drip Irrigation

        1. 2.1.2.1 Valves

        2. 2.1.2.2 Backflow Preventers

        3. 2.1.2.3 Pressure Regulators

        4. 2.1.2.4 Filters

        5. 2.1.2.5 Emitters

        6. 2.1.2.6 Tubing

        7. 2.1.2.7 Other Drip Irrigation Techniques

      3. 2.1.3 Pivot Irrigation

    2. 2.2 Application

      1. 2.2.1 Crop

        1. 2.2.1.1 Field Crop

        2. 2.2.1.2 Vegetable

        3. 2.2.1.3 Fruit

      2. 2.2.2 Non-crop

        1. 2.2.2.1 Turf and Ornamental

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 Japan

        3. 2.3.1.3 India

        4. 2.3.1.4 Saudi Arabia

        5. 2.3.1.5 Rest of Asia-Pacific

Asia-Pacific Irrigation Machinery Market Size FAQs

The Asia-Pacific Irrigation Machinery Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)

Jain Irrigation Systems Ltd. (JISL), EPC Industries Ltd, Netafim Ltd, Rivulis Irrigation Ltd and Harvel Agua India Private Limited are the major companies operating in the Asia-Pacific Irrigation Machinery Market.

Asia-Pacific Irrigation Machinery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)