Irrigation equipment plays a crucial role in maintaining a healthy landscape. It delivers water directly to the roots, reducing wastage. It refers to the application of water to the soil through various systems. Irrigation equipment encompasses various components, including tubing, sprinkler, emitter/drippers, irrigation valves, filters, irrigation controllers, sensors, pumping, connectors, pressure regulators, and monitoring & controlling devices used in several irrigation systems, such as drip irrigation, sprinkler irrigation, pivot irrigation, furrow irrigation, and terraced irrigation. They are specifically designed to meet the water requirements of different crops and plants while minimizing water waste. These components enhance efficiency and productivity by providing the precise water requirements for each crop.
Water scarcity is one of the greatest challenges of the 21st century, where developing as well as developed countries are facing water shortage problems due to the growing population, the need for increased agricultural production, and climate change. The maladministration of water, inefficiencies in irrigation methods and systems, limited adoption of modern irrigation techniques, and incorrect estimations of water requirements are causing huge irrigation water wastages. Hence, various governments are imposing regulations on water use to promote water conservation. Financial incentives and subsidies are also being offered to farmers to encourage the adoption of water-saving technologies such as micro-irrigation systems. These incentives and subsidies are helping farmers offset the initial costs of purchasing and installing the systems, making them more affordable and accessible.
Modern equipment has revolutionized agriculture and has made farming much less labor-intensive than it was in the past. Farmers can perform tasks faster, more efficiently, and with reduced physical effort using advanced agricultural equipment. Mechanization of irrigation equipment can enhance agricultural productivity and water use efficiency. Mechanized irrigation uses a highly efficient combination of time-tested and cutting-edge irrigation equipment to save water and energy and reduce manual labor.
The Increasing Adoption of Precision Farming Techniques is Accelerating the Market Growth
In precision farming, advanced technologies and data analytics are used to optimize farming practices and improve crop yields. Precision farming involves the use of sensors, GPS systems, drones, and other tools to gather data on soil health, weather patterns, and plant growth, as well as software and analytics tools to interpret this data and generate insights for farmers.
Precision farming leverages real-time data and analytics (using GIS and GPS satellite information) to increase the efficiency and productivity of agriculture, increase profit margins, and reduce environmental impacts. Advancements in agricultural technologies are contributing to the expansion of precision farming. Precision farming technologies can increase crop yield by up to 70% (source: Journal of Applied Economic Sciences). The adoption of such technologies is expected to generate opportunities for market stakeholders.
Precision irrigation delivers the right amount of water based on crop needs, enhancing crop yield and quality. By optimizing water usage, precision irrigation helps to minimize water wastage and promotes efficient resource utilization. Through precision irrigation techniques, farmers can optimize irrigation scheduling. They can use sensors and other technologies to monitor soil moisture levels, weather conditions, and crop health. Precision irrigation enables accurate delivery of water to crops, supporting better nutrient absorption and improving overall plant health and yield.
Precision irrigation is especially crucial in regions facing water scarcity or variable climate conditions. In these regions, precision irrigation can empower farmers to adapt to changing circumstances and mitigate the impact of excessive rainfall on crop production. The integration of artificial intelligence and data analytics makes precision irrigation a key component in sustainable agriculture practices.
Several precision irrigation providers are focused on helping farmers improve crop yield and quality. For instance, in March 2023, Netafim Limited (Israel), a global leader in precision agriculture solutions, announced the opening of its first manufacturing plant in North Africa to implement precision irrigation in Morocco and strengthen the country’s agricultural sector. Such developments are expected to increase the adoption of precision irrigation, supporting market growth during the forecast period.
Meticulous Research®, in its latest publication on the Irrigation Equipment Market, states that the Irrigation Equipment Market is expected to reach $15.75 billion by 2031 at a CAGR of 9.3% during the forecast period of 2024 to 2031.
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