Market Size of South America Irrigation Machinery Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 11.10 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Agricultural Irrigation Machinery Market Analysis
The South America agricultural irrigation machinery market is projected to register a CAGR of 11.1% during the forecast period 2020-2025. Water is the basic agricultural input required in any geographical condition. Before the advent of mechanization, farmers depended on natural sources for irrigation. However, mechanization in agriculture has moved well past tractors, to encompass every aspect of the crop production cycle. Laser leveling technology is the latest technology that can control the dangerous exploitation of irrigation water and, thus, farmers will be able to grow more crops and reduce production cost and water consumption.
South America Agricultural Irrigation Machinery Industry Segmentation
Machinery that is used in supplying water to agricultural land and crops in order to promote hydration and growth are categorized as agricultural irrigation machinery. The report presents a wide-ranging analysis of the market size of agricultural irrigation machinery, in South America. To eliminate any double-count error in market estimations, bulk buyers procuring irrigation machinery for retail sale, after value-addition through further processing, are not considered in the market.
| Type | ||||||||
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| Pivot Irrigation |
| Application | ||||||
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| Non-Crop |
| Geography | |
| Brazil | |
| Argentina | |
| Rest of South America |
South America Irrigation Machinery Market Size Summary
The South America agricultural irrigation machinery market is experiencing significant growth, driven by the increasing adoption of mechanized irrigation systems across the region. As traditional farming methods evolve, the integration of advanced technologies such as laser leveling is helping to optimize water usage, reduce production costs, and enhance crop yields. The shift from conventional tools to sophisticated machinery has been pivotal in improving the efficiency of farm operations and maximizing input utilization. This transition is particularly evident in the widespread use of subsurface drip irrigation systems, which are instrumental in boosting fodder maize production and other crops. Despite the high initial costs associated with these systems, their ability to deliver substantial financial savings and higher revenues is propelling the market forward.
Brazil, as a key player in the region, has made significant strides in improving its irrigation infrastructure, particularly in the coffee sector, which is vital to its economy. The adoption of efficient irrigation systems has not only helped mitigate the impacts of drought but also enhanced productivity and product quality, thereby increasing farmers' incomes. This has led to a surge in the demand for irrigation machinery, contributing to the overall market growth. The market is characterized by a consolidated structure, with major companies like Jain Irrigation Systems Limited, EPC Industries Ltd, and Netafim Ltd holding significant shares. Government initiatives aimed at promoting water conservation and efficiency are expected to further drive market expansion, benefiting these key players.
South America 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 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 Type
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2.1.1 Sprinkler Irrigation
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2.1.1.1 Pumping Unit
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2.1.1.2 Tubing
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2.1.1.3 Couplers
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2.1.1.4 Spray/Sprinklers Heads
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2.1.1.5 Other Accessories
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2.1.2 Drip Irrigation
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2.1.2.1 Valves
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2.1.2.2 Backflow Preventers
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2.1.2.3 Pressure Regulators
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2.1.2.4 Filters
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2.1.2.5 Emitters
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2.1.2.6 Other Drip Irrigation
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2.1.3 Pivot Irrigation
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2.2 Application
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2.2.1 Crop
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2.2.1.1 Grains and Cereals
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2.2.1.2 Pulses and Oilseeds
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2.2.1.3 Fruits & Vegetables
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2.2.1.4 Others
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2.2.2 Non-Crop
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2.3 Geography
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2.3.1 Brazil
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2.3.2 Argentina
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2.3.3 Rest of South America
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South America Irrigation Machinery Market Size FAQs
What is the current South America Irrigation Machinery Market size?
The South America Irrigation Machinery Market is projected to register a CAGR of 11.10% during the forecast period (2024-2029)
Who are the key players in South America Irrigation Machinery Market?
Netafim, Nelson Irrigation Corporation, Jain Irrigation Systems Ltd, Lindsay Corporation and Deere & Company are the major companies operating in the South America Irrigation Machinery Market.
