1. Market Research
  2. > Manufacturing
  3. > Industrial Machinery
  4. > Agricultural Machinery Market Trends
Global Irrigation Machinery Market - Growth, Trends, COVID-19 Impact, and forecasts (2021 - 2026)

Global Irrigation Machinery Market - Growth, Trends, COVID-19 Impact, and forecasts (2021 - 2026)

  • September 2021
  • 162 pages
  • ID: 6155671
  • Format: PDF
  • Mordor Intelligence LLP


Table of Contents

Search Inside

The global irrigation machinery market was valued at USD 3,903.9 million in 2020, and it is anticipated to reach USD 6,603.6 million by 2026, registering a CAGR of 9.5% during the forecast period.

The impact of the COVID-19 pandemic was felt on various businesses including the global irrigation systems market. The impact of COVID-19 can be largely characterized by an unprecedented disruption in the supply side. Furthermore, transport restrictions also impeded the access to inputs needed by businesses in the agriculture sector. Manufacturing industries were closed due to restrictions aimed at containing COVID-19, which in turn, affected the availability of agricultural inputs and operations of hiring agricultural machinery service providers

Sprinkler irrigation machinery is the largest segment in the global irrigation machinery market. Several leading market players are investing in R&D work to develop innovative products and maintain a strong market foothold. The growing usage of efficient irrigation systems for their better yield output and other associated benefits is coupled with the continuous introduction of advanced models by key market players to make it the largest segment of the market studied.

North America is considered as the fastest growing market because the companies located in the region have been launching new products in the market studied, thereby, dominating the market with faster innovations and product launches. Government policies are also supplementing growth of the market by providing various subsidies to the farmers.

The factors, such as government subsidies and polices, technological innovations, and an increasing concern over water scarcity are driving the growth of the market. Also, the market for irrigation machinery is anticipated to grow with increased scarcity of natural irrigation systems and enhanced demand for crop productivity.

Key Market Trends

Subsidies from Government and Support from Financial Institutions

Government organizations are promoting irrigation machinery in various countries in order to encourage farmers to adopt advanced irrigation technologies by providing various benefits or subsidies to farmers. For instance, in 2017, in Spain, several water user associations (WUAs) received 40% subsidy from the Conselleria d’Agricultura, Pesca, Alimentació i Aiguafor installing drip irrigation machinery. This augmented the irrigation market’s growth in the country. Also, in the United States, the increasing water conservation subsidies for drip irrigation are anticipated to enhance water consumption and crop yield. This is expected to augment the demand for drip irrigation machinery.

The Indian Government approved initial aggregation of USD 702.3 million for setting up micro-irrigation fund (MIF) in May 2018, along with the National Bank for Agriculture and Rural Development (NABARD). This fund is registered under the Pradhan Mantri Krishi Sinchayee Yojna(PMKSY), which was formulated on July 1, 2015. The primary objective of the scheme is to promote micro-irrigation technologies, primarily among consuming crops, like cotton and sugarcane. Furthermore, it is focusing on expanding the coverage of field crops under micro-irrigation technologies. Moreover, the central government offered 35% to 45% subsidy for drip irrigation systems. This is expected to strengthen the market. Owing to favorable government policies regarding low-interest loans and subsidies for the implementation of modern and advanced irrigation systems, the irrigation machinery market is likely to witness significant growth, especially in developing countries, such as Latin America and Asia-Pacific.

North America Dominates the Market

Water development programs at the federal, state, and local levels and improvements in groundwater pumping technologies contributed to the expansion of the irrigated area in the North America. Farmers in the region have been able to avail timely subsidies in the form of agriculture equipment loans at flexible interest rates and repayment schedules. This has helped even the small-scale farmers to invest in agricultural irrigation equipment, thereby expanding the irrigation systems market. For instance, the US government extends loans on farm equipment through USDA Direct Operating Loans, USDA Operating Microloans, and USDA Guaranteed Operating Loans. The 2018 Farm Bill further increased the farm loan limit for the US farmers to better access the credit for high capital costs related to agriculture systems, including irrigation systems. The availability of loans and subsidies are propelling the demand for agricultural irrigation machinery, resulting in the growth of the market studied in the country.

As reported by Statistique Canada, the total irrigated area in the country increased from 688,780 ha in 2016 to 691,108 ha in 2018. Field crops contribute to most of the irrigation, which is 386,500 ha in 2016 and 401,700 ha in 2018. With the rising production of field crops such as corn and sorghum, the use of irrigation machinery is surging, driving the market subsequently in the region.

Competitive Landscape

The global irrigation machinery market is consolidated, with major players occupying only major share of the market studied and other accounting for less share. The major players in the market are Orbia (Netafim Limited), Jain Irrigation Systems Limited, The Toro Company, Vamont Industries and Rain Bird Corporation. These major players are investing in new product launches, expansions, and acquisitions for business expansions.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Microirrigation Systems Market by Type, Application, End User And Region - Global Forecast to 2026

  • $ 4950
  • June 2021
  • 298 pages

The global microirrigation systems size is estimated to be valued at USD 9.7 billion in 2021 and is expected to reach a value of USD 15.1 billion by 2026, growing at a CAGR of 9.3% in terms of value during ...

  • World
  • APAC
  • Agricultural Machinery
  • Irrigation Equipment
  • Industry analysis
  • Crop Production
  • Agricultural Area


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on