PUBLISHER: Lucintel | PRODUCT CODE: 1538552
PUBLISHER: Lucintel | PRODUCT CODE: 1538552
Agricultural Irrigation Equipment Trends and Forecast
The future of the global agricultural irrigation equipment market looks promising with opportunities in the grain and cereal, pulse and oilseed, and fruit and vegetable markets. The global agricultural irrigation equipment market is expected to grow with a CAGR of 18.2% from 2024 to 2030. The major drivers for this market are rapid urbanization and industrialization, rising demand for food and increasing water scarcity across the globe.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Agricultural Irrigation Equipment by Segment
The study includes a forecast for the global agricultural irrigation equipment by type, application, and region.
List of Agricultural Irrigation Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies agricultural irrigation equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the agricultural irrigation equipment companies profiled in this report include-
Agricultural Irrigation Equipment Market Insights
Lucintel forecasts that drip irrigation is expected to witness the highest growth over the forecast period.
Within this market, fruit and vegetable will remain the largest segment.
APAC will remain the largest region over the forecast period.
Features of the Global Agricultural Irrigation Equipment Market
Market Size Estimates: Agricultural irrigation equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Agricultural irrigation equipment market size by type, application, and region in terms of value ($B).
Regional Analysis: Agricultural irrigation equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the agricultural irrigation equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the agricultural irrigation equipment market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the growth forecast for agricultural irrigation equipment market?
Answer: The global agricultural irrigation equipment market is expected to grow with a CAGR of 18.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the agricultural irrigation equipment market?
Answer: The major drivers for this market are rapid urbanization and industrialization, rising demand for food and increasing water scarcity across the globe.
Q3. What are the major segments for agricultural irrigation equipment market?
Answer: The future of the agricultural irrigation equipment market looks promising with opportunities in the grain and cereal, pulse and oilseed, and fruit and vegetable markets.
Q4. Who are the key agricultural irrigation equipment market companies?
Answer: Some of the key agricultural irrigation equipment companies are as follows:
Q5. Which agricultural irrigation equipment market segment will be the largest in future?
Answer: Lucintel forecasts that drip irrigation is expected to witness the highest growth over the forecast period.
Q6. In agricultural irrigation equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.