Market Size of North America Agricultural Irrigation Machinery Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.10 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Agricultural Irrigation Machinery Market Analysis
The North American agricultural irrigation machinery market is growing at a CAGR of 5.1% during the forecast period. Irrigation mechanization involves the methods through which the crucial and scarce resource of water can be optimally distributed. The most prominent of the mechanisms are the drip and sprinkler irrigation systems. Drip irrigation involves the release of water at the ground level in a drop-wise manner, whereas sprinkler systems deliver water in a more voluminous fashion. Increasing water scarcity, government initiatives in the form of subsidies and the growing sophistication of equipment is driving the market growth.
North America Agricultural Irrigation Machinery Industry Segmentation
The market is segmented by the type of irrigation into sprinkler irrigation(pumping unit, tubing, couplers spray/sprinklers heads, fittings, and accessories)and drip irrigation(valves, backflow preventers, pressure regulators, filters, emitters, tubing, and other Drip Irrigation) and by application type into the crop(field crops, vegetable, and Fruits) and non-crop(turf and ornamental) by geography segmented into United States, Canada, Mexico and Rest of North America.
| By Irrigation type | |
| Sprinkler Irrigation | |
| Drip Irrigation | |
| Other |
| By Crop Type | |
| Crop | |
| Non-crop |
| Geography | ||||||
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North America Agricultural Irrigation Machinery Market Size Summary
The North American irrigation machinery market is experiencing significant growth, driven by the increasing need for efficient water management solutions in agriculture. As water scarcity becomes a more pressing issue, the adoption of advanced irrigation systems, such as drip and sprinkler mechanisms, is becoming essential. These systems optimize water distribution, enhancing agricultural productivity on arable land. Government initiatives, including subsidies, are further propelling market expansion by encouraging the adoption of micro-irrigation technologies. The growing sophistication of irrigation equipment also contributes to the market's upward trajectory, as farmers seek more efficient and cost-effective solutions to improve crop yields.
The market is poised for substantial growth in the coming years, supported by a heightened awareness of the benefits of micro-irrigation systems. These systems not only conserve water but also lead to significant financial savings and increased revenues for farmers. In the United States, government incentives aimed at promoting water conservation are expected to boost the demand for drip irrigation systems. Key industry players, such as Nelson Irrigation Corporation, Netafim Limited, Rain Bird Corporation, The Toro Company, and Valmont Industries, are actively contributing to market development. Strategic acquisitions, like Valmont Industries' majority stake in Torrent Engineering & Equipment, are enhancing access to advanced water management technologies, further strengthening the market landscape.
North America Agricultural Irrigation Machinery Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porters Five Force's Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Irrigation type
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2.1.1 Sprinkler Irrigation
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2.1.2 Drip Irrigation
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2.1.3 Other
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2.2 By Crop Type
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2.2.1 Crop
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2.2.2 Non-crop
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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North America Agricultural Irrigation Machinery Market Size FAQs
What is the current North America Agricultural Irrigation Machinery Market size?
The North America Agricultural Irrigation Machinery Market is projected to register a CAGR of 5.10% during the forecast period (2024-2029)
Who are the key players in North America Agricultural Irrigation Machinery Market?
Nelson Irrigation Corporation, Netafim Limited, Valmont Industries. and Rain Bird Corporation are the major companies operating in the North America Agricultural Irrigation Machinery Market.
