Agricultural Irrigation Machinery Market in US by Type and Application - Forecast and Analysis 2022-2026

Published: Feb 2022 Pages: 120 SKU: IRTNTR72288

The agricultural irrigation machinery market share in the US is expected to increase to USD 881.82 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.97%. This research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

This agricultural irrigation machinery market in the US report extensively covers the agricultural irrigation machinery market in the US segmentation by type (sprinkler irrigation, drip irrigation, pivot irrigation, and others) and application (grains and cereals, pulses and oilseeds, fruits and vegetables, and others).

What will the Agricultural Irrigation Machinery Market Size in US be During the Forecast Period?

Download the Free Report Sample to Unlock the Agricultural Irrigation Machinery Market Size in US for the Forecast Period and Other Important Statistics

 

The agricultural irrigation machinery market in US report also offers information on several market vendors, including Deere and Co., Jain Irrigation Systems Ltd., Lindsay Corp., Nelson Irrigation Corp., Netafim Ltd., Rain Bird Corp., T L Irrigation Co., The Toro Co., and Valmont Industries Inc. among others.

Agricultural Irrigation Machinery Market in US: Key Drivers, Trends, and Challenges

The high adoption of precision irrigation is notably driving the agricultural irrigation machinery market growth in the US, although factors such as a highly competitive market may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the agricultural irrigation machinery industry in US. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Agricultural Irrigation Machinery Market Driver in US

  • One of the key factors driving the agricultural irrigation machinery market growth in the US is the high adoption of precision irrigation.
  • Precision irrigation has the potential to optimally match the irrigation requirement to increase the use of water and economic efficiencies by either reducing the cost of inputs or increasing the yield for the same inputs.
  • Site-specific farming reduces costs and increases yields through efficient and effective crop inputs.
  • It reduces the harmful impact on the environment by allowing farmers to apply the appropriate amount of inputs.
  • The advancements in precision irrigation technology and mergers and acquisitions will further support the market growth during the forecast period.
  • In August 2020, CropX, an irrigation systems company, partnered with Reinke Manufacturing to integrate its technologies with advanced precision irrigation technology.

Key Agricultural Irrigation Machinery Market Trend in US

  • Another key factor driving the agricultural irrigation machinery market growth in the US is the growing popularity of time-based micro-irrigation practices owing to their efficiency in irrigating large-sized farms.
  • Smart irrigation systems draw on data from sensors instead of fixed timers to ensure timely irrigation.
  • The systems also use weather forecasts and plant-care databases to determine watering needs and deliver just enough moisture at the right time.
  • The growing popularity of time-based micro-irrigation practices has encouraged many vendors such as Hunter Industries, to offer smart sprinklers and irrigation controllers to carry out time-based irrigation.
  • The growing popularity of time-based micro-irrigation practices in the US is anticipated to drive the growth of the market during the forecast period.

Key Agricultural Irrigation Machinery Market Challenge in US

  • The agricultural irrigation machinery in the US is a highly competitive market, which is one of the key challenges to the agricultural irrigation machinery market growth in the US.
  • The significant increase in the price of raw materials and the emergence of local players lead to price wars among competitors, with each manufacturer trying to promote its brand to gain market share.
  • The high competition also delays the product innovation cycle.
  • Cost-driven end-users prefer investing in low-cost irrigation systems manufactured by local brands rather than global brands. 
  • The delay in product innovation further affects the sales of a company, thereby leading to a reduction in prices that negatively affects the profit margins. Such factors will hinder the growth of the market in focus during the forecast period.

This agricultural irrigation machinery market in US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the agricultural irrigation machinery market in the US as a part of the global agricultural and farm machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the agricultural irrigation machinery market in US during the forecast period.

Who are the Major Agricultural Irrigation Machinery Market Vendors in US?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

  • Deere and Co.
  • Jain Irrigation Systems Ltd.
  • Lindsay Corp.
  • Nelson Irrigation Corp.
  • Netafim Ltd.
  • Rain Bird Corp.
  • T L Irrigation Co.
  • The Toro Co.
  • Valmont Industries Inc.

This statistical study of the agricultural irrigation machinery market in US encompasses successful business strategies deployed by the key vendors. The agricultural irrigation machinery market in US is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Deere and Co. - The company offers irrigation machinery that is used for lawn and garden, agriculture, construction, landscaping, grounds care, golf and sports turf, forestry, electronics, government, and military sector.
  • Jain Irrigation Systems Ltd. - The company offers irrigation machinery that is used in drip irrigation, micro and mini sprinklers, sprinkler irrigation, hose reel and boom irrigation, filters, dosing pump and injectors, PVC and piping systems, plumbing and drainage systems, plastic sheets, planting material, and environment controlled agriculture.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The agricultural irrigation machinery market in US forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Agricultural Irrigation Machinery Market in US Value Chain Analysis

Our report provides extensive information on the value chain analysis for the agricultural irrigation machinery market in US, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

What are the Revenue-generating Type Segments in the Agricultural Irrigation Machinery Market in US?

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The agricultural irrigation machinery market share growth in the US by the sprinkler irrigation segment will be significant during the forecast period. The increase in preference for new models of sprinkler irrigation systems will accelerate the growth of the market during the forecast period. Some prominent vendors that offer sprinkler irrigation systems are Rain Bird Corp. and Lindsay Corp.

This report provides an accurate prediction of the contribution of all the segments to the growth of the agricultural irrigation machinery market size in US and actionable market insights on post COVID-19 impact on each segment.

Agricultural Irrigation Machinery Market Scope in US

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.97%

Market growth 2022-2026

$ 881.82 billion

Market structure

Concentrated

YoY growth (%)

9.30

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Deere and Co., Jain Irrigation Systems Ltd., Lindsay Corp., Nelson Irrigation Corp., Netafim Ltd., Rain Bird Corp., T L Irrigation Co., The Toro Co., and Valmont Industries Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Agricultural Irrigation Machinery Market in US Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive agricultural irrigation machinery market growth in US during the next five years
  • Precise estimation of the agricultural irrigation machinery market size in US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the agricultural irrigation machinery industry in US 
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of agricultural irrigation machinery market vendors in US 

We can help! Our analysts can customize this report to meet your requirements. Get in touch

***1. Executive Summary                           

***2. Market Landscape                             

                **2.1 Market ecosystem             

                                *Exhibit 01: Parent market

                **2.2: Market Characteristics    

                **2.3 Value chain analysis           

                                *Exhibit 02:  Value chain analysis: Agricultural and farm machinery

                                *2.3.1 Inputs

                                *2.3.2 Inbound logistics

                                *2.3.3 Operations

                                *2.3.4 Distribution and logistics

                                *2.3.5 Marketing and sales

                                *2.3.6 After-sales services

                                *2.3.7 Innovations

***3. Market Sizing                       

                **3.1 Market definition

                                *Exhibit 03: Offerings of vendors included in the market definition

                **3.2 Market segment analysis 

                                *Exhibit 04: Market segments

                **3.3 Market size 2020 

                **3.4 Market outlook: Forecast for 2020 - 2025 

                                *3.4.1 Estimating growth rates for emerging and high-growth markets

                                *3.4.2 Estimating growth rates for mature markets

                                *Exhibit 05: Global - Market size and forecast 2021 - 2026 ($ million)

                                *Exhibit 06: Global market: Year-over-year growth 2021 - 2026 (%)

***4. Five Forces Analysis                          

                **4.1 Five Forces Summary        

                                *Exhibit 07: Five forces analysis 2020 & 2025

                **4.2 Bargaining power of buyers           

                **4.3 Bargaining power of suppliers       

                **4.4 Threat of new entrants    

                **4.5 Threat of substitutes         

                **4.6 Threat of rivalry   

                **4.7 Market condition

                                *Exhibit 08: Market condition - Five forces 2021

***5 Market Segmentation by Application                         

                **5.1 Market segments

                                *The segments covered in this chapter are:

  • Grains and cereals
  • Pulses and oilseeds
  • Fruits and vegetables
  • Others

                             *Exhibit 09: Application - Market share 2021-2026 (%)

                **5.2 Comparison by Application             

                                *Exhibit 10: Comparison by Application

                **5.3 Grains and cereals - Market size and forecast 2021-2026    

                                *Exhibit 11: Grains and cereals - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 12: Grains and cereals - Year-over-year growth 2021-2026 (%)

                **5.4 Pulses and oilseeds - Market size and forecast 2021-2026  

                                *Exhibit 13: Pulses and oilseeds - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 14: Pulses and oilseeds - Year-over-year growth 2021-2026 (%)

                **5.5 Fruits and vegetables - Market size and forecast 2021-2026              

                                *Exhibit 15: Fruits and vegetables - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 16: Fruits and vegetables - Year-over-year growth 2021-2026 (%)

                **5.6 Others - Market size and forecast 2021-2026           

                                *Exhibit 17: Others - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 18: Others - Year-over-year growth 2021-2026 (%)

                **5.7 Others - Market size and forecast 2021-2026           

                                *Exhibit 19: Others - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 20: Others - Year-over-year growth 2021-2026 (%)

                **5.8 Market opportunity by Application              

                                *Exhibit 21: Market opportunity by Application

***6 Market Segmentation by Type                      

                **6.1 Market segments

                                *The segments covered in this chapter are:

  • Sprinkler irrigation
  • Drip irrigation
  • Pivot irrigation
  • Others

                             *Exhibit 22: Type - Market share 2021-2026 (%)

                **6.2 Comparison by Type          

                                *Exhibit 23: Comparison by Type

                **6.3 Sprinkler irrigation - Market size and forecast 2021-2026   

                                *Exhibit 24: Sprinkler irrigation - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 25: Sprinkler irrigation - Year-over-year growth 2021-2026 (%)

                **6.4 Drip irrigation - Market size and forecast 2021-2026             

                                *Exhibit 26: Drip irrigation - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 27: Drip irrigation - Year-over-year growth 2021-2026 (%)

                **6.5 Pivot irrigation - Market size and forecast 2021-2026           

                                *Exhibit 28: Pivot irrigation - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 29: Pivot irrigation - Year-over-year growth 2021-2026 (%)

                **6.6 Others - Market size and forecast 2021-2026           

                                *Exhibit 30: Others - Market size and forecast 2021-2026 ($ million

                                *Exhibit 31: Others - Year-over-year growth 2021-2026 (%)

                **6.7 Market opportunity by Type          

                                *Exhibit 32: Market opportunity by Type

***7 Customer landscape                           

                **7.1 Overview

                                *Exhibit 33: Customer landscape

***8 Drivers, Challenges, and Trends                    

                **8.1 Market drivers     

                                *8.1.1 High adoption of precision irrigation

                                *8.1.2 Increasing awareness of efficient water usage

                                *8.1.3 Government initiatives supporting sustainable agriculture practices

                **8.2 Market challenges              

                                *8.2.1 Highly competitive market

                                *8.2.2 Filtration and clogging issues

                                *8.2.3 High initial costs and maintenance costs

                                *Exhibit 34: Impact of drivers and challenges

                **8.3 Market trends      

                                *8.3.1 Growing popularity of time-based micro-irrigation practices

                                *8.3.2 Rising number of strategic alliances

                                *8.3.3 Increasing demand for smart irrigation systems

***9. Vendor Landscape                             

                **9.1  Competitive scenario    

                **9.2  Vendor landscape           

                                *Exhibit 35: Vendor Landscape

                **9.3  Landscape disruption    

                                *Exhibit 36: Landscape disruption

                **9.4  Industry risks    

                                *Exhibit 37: Industry risks

***10.  Vendor Analysis                              

                **10.1  Vendors covered            

                                *Exhibit 38: Vendors covered

                **10.2 Market positioning of vendors  

                                *Exhibit 39: Market positioning of vendors

                **10.3 Deere and Co.    

                                *Exhibit 40: Deere and Co. - Overview

                                *Exhibit 41: Deere and Co. - Business segments

                                *Exhibit 42: Deere and Co. - Key offerings

                                *Exhibit 43: Deere and Co. - Segment focus

                **10.4 Jain Irrigation Systems Ltd.           

                                *Exhibit 44: Jain Irrigation Systems Ltd. - Overview

                                *Exhibit 45: Jain Irrigation Systems Ltd. - Business segments

                                *Exhibit 46: Jain Irrigation Systems Ltd. - Key offerings

                                *Exhibit 47: Jain Irrigation Systems Ltd. - Segment focus

                **10.5 Lindsay Corp.     

                                *Exhibit 48: Lindsay Corp. - Overview

                                *Exhibit 49: Lindsay Corp. - Business segments

                                *Exhibit 50: Lindsay Corp.-Key news

                                *Exhibit 51: Lindsay Corp. - Key offerings

                                *Exhibit 52: Lindsay Corp. - Segment focus

                **10.6 Nelson Irrigation Corp.   

                                *Exhibit 53: Nelson Irrigation Corp. - Overview

                                *Exhibit 54: Nelson Irrigation Corp. - Product and service

                                *Exhibit 55: Nelson Irrigation Corp. - Key offerings

                **10.7 Netafim Ltd.       

                                *Exhibit 56: Netafim Ltd. - Overview

                                *Exhibit 57: Netafim Ltd. - Product and service

                                *Exhibit 58: Netafim Ltd. - Key offerings

                **10.8 Rain Bird Corp.  

                                *Exhibit 59: Rain Bird Corp. - Overview

                                *Exhibit 60: Rain Bird Corp. - Product and service

                                *Exhibit 61: Rain Bird Corp. - Key offerings

                **10.9 T L Irrigation Co.                

                                *Exhibit 62: T L Irrigation Co. - Overview

                                *Exhibit 63: T L Irrigation Co. - Product and service

                                *Exhibit 64: T L Irrigation Co. - Key offerings

                **10.10 The Toro Co.    

                                *Exhibit 65: The Toro Co. - Overview

                                *Exhibit 66: The Toro Co. - Business segments

                                *Exhibit 67: The Toro Co. - Key offerings

                                *Exhibit 68: The Toro Co. - Segment focus

                **10.11 Valmont Industries Inc.                

                                *Exhibit 69: Valmont Industries Inc. - Overview

                                *Exhibit 70: Valmont Industries Inc. - Business segments

                                *Exhibit 71: Valmont Industries Inc.-Key news

                                *Exhibit 72: Valmont Industries Inc. - Key offerings

                                *Exhibit 73: Valmont Industries Inc. - Segment focus

***11. Appendix                            

                **11.1 Scope of the report         

                                *11.1.1 ????Market definition

                                *11.1.2 ????Objectives

                                *11.1.3 ????Notes and caveats

                **11.2 Currency conversion rates for US$            

                                *Exhibit 74: ?Currency conversion rates for US$?

                **11.3 Research Methodology 

                                *Exhibit 75: ?Research Methodology

                                *Exhibit 76: ??Validation techniques employed for market sizing?

                                *Exhibit 77: ??Information sources

                **11.4 List of abbreviations        

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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