Irrigation machinery used in supplying water to agricultural land and crops to promote hydration and growth is categorized as the agricultural irrigation system. The irrigation machinery market is developing due to a variety of factors, including rising food consumption and concerns about water scarcity. Furthermore, the industry has risen as a result of increasing irrigation equipment usage and knowledge of precision agriculture practices.
Government agencies in a number of countries are supporting irrigation systems more and more by encouraging farmers to use contemporary irrigation techniques and by offering them various subsidies or incentives. Due to favorable government subsidies and policies, the demand for drip irrigation systems is rising, which is fueling growth in the global irrigation machinery market during the course of the forecast period. Modern irrigation systems are helping farmers in some wealthier nations reduce water usage. Drip irrigation systems with advanced features, such as those that may be implanted in pipes to facilitate installation while also generating sustainable agricultural production, are being produced by some top market corporations as a result. During the forecast period, market participants' innovations are anticipated to accelerate market expansion in the irrigation machinery sector globally.
The global Irrigation Machinery market is anticipated to expand at a compound annual growth rate (CAGR) of 7.6% between 2022 and 2030.
Leading Companies in the Irrigation Machinery Industry:
1. Finolex Pipes
Finolex Pipes is an Indian conglomerate company, was founded in 1958 and headquartered in Pune, India. It operates across the country. Finolex Industries Ltd displayed its most recent line of PVC-U pipes and fittings at Kisan Agri 2022 in Pune, Maharashtra. These products were designed specifically for varied pressure and gravity flow applications in irrigation and agricultural.
2. Rivulis Irrigation Inc.
Rivulis Irrigation Inc is a global manufacturer and provider of complete micro and drip irrigation systems and solutions for seasonal horticulture, orchards, vineyards, row crops, SDI and greenhouse, soilless, hydroponic application. It was founded in 1966 and headquartered in Jezreel Valley, Israel. It operates in over 120 countries. In April 2023, Rivulis completed the acquisition of Jain Irrigation's international irrigation business.
3. Netafim Limited
Netafim Limited is an Israeli manufacturer of irrigation equipment. It was founded in 1965 and headquartered in Tel Aviv, Israel. It operates in 100 countries. In Savannah, Georgia, in January 2023, the Southeast Regional Fruit & Vegetable Conference, Netafim USA, a division of Netafim Ltd., the world leader in precision irrigation systems, proudly showcased its portfolio of solutions.
4. Rain Bird Corporation
Rain Bird Corporation was founded in 1933 and headquartered in California, US. It operates in more than 130 countries. In April 2023, a new generation of whole-home water management systems will be available thanks to a cooperation between Rain Bird Corporation and Flume. This will give water agencies and homeowners better tools for achieving large water savings.
5. Lindsay Corporation
Lindsay Corporation formerly known as Lindsay Manufacturing Co., is a manufacturer of Zimmatic brand center pivot irrigation systems. It was founded in 1955 and headquartered in Nebraska, United States. It operates in the US, Brazil, China, the UAE, France, Turkey, Russia, Brazil, the Netherlands, Uruguay, South Africa, Australia, and New Zealand. A plan to connect and digitize two million irrigated acres by the end of 2021 was unveiled in January 2020 by Farmers Edge, a global leader in digital agriculture, and Lindsay Corporation, a global leader in irrigation and infrastructure equipment and technology. To provide a first-of-its-kind, fully integrated crop management solution to their grower and dealer networks, the firms will merge their digital platforms. A new standard in agriculture will be set by the extended collaboration's emphasis on data science, machine learning, and AI-driven analytics to provide more accurate water-based insights and predictive models.
6. Jain Irrigation Systems Limited
Jain Irrigation Systems Limited is an Indian multinational conglomerate, founded in 1986 and headquartered in Jalgaon, India. It operates in more than 126 countries.
7. Deere & Company
Deere & Company is an American corporation that manufactures agricultural machinery, heavy equipment, forestry machinery, diesel engines
etc. It was founded in 1837 and headquartered in Illinois, U.S. It operates in more than 30 countries.
8. Valmont Industries
Valmont Industries was founded in 1946 and headquartered in Nebraska, United States. It operates in over 100 different countries. A supply agreement has been made to provide mechanized irrigation equipment and cutting-edge technology for numerous agricultural development projects in Africa starting in January 2023, according to Valmont® Industries, Inc., a global leader that provides crucial infrastructure and boosts agricultural productivity while driving innovation through technology. The agreement will make use of the industry-leading solutions offered by Valley® Irrigation, a Valmont company, to help meet the rising demand for more dependable and efficient food production on a global scale. It will also support national agricultural investments to feed expanding populations and address ongoing food security issues.
9. T-l Irrigation Co.
T-l Irrigation Co. was founded in 1955 and headquartered in Nebraska, United States. It operates in more than 40 countries.
*Definition: A type of machine known as irrigation equipment uses controlled watering to promote the growth of lawns, landscaping plants, and crops. It has been developed by many cultures and has played a vital role in agriculture for more than 5,000 years. Other uses include sewage disposal, cooling animals, and reducing dust.
