Asia-Pacific Agriculture Irrigation Equipment Market by Type (Drip, Sprinkler, Furrow Irrigation), Component (Tubing, Emitter, Drippers, Sprinklers, Filter), Application (Open-field {Cereals & Grains, Fruit and Vegetables}, Closed-field) - Forecast to 2030

The Asia-Pacific Agriculture Irrigation Equipment Market is projected to reach $7.51 billion by 2030, at a CAGR of 6.4% during the forecast period of 2024 to 2030. The growth of this market is driven by the increasing government initiatives to support farmers, the rising awareness regarding modern agricultural operations, and rising water scarcity. However, the high initial investments and maintenance costs of advanced agriculture irrigation equipment hinder this market's growth.

Moreover, technological advancements in irrigation equipment and the rising automation of irrigation systems are expected to create market growth opportunities for the stakeholders operating in this market. However, low awareness of advanced agriculture irrigation technologies is a major challenge for the players in this market. Additionally, the increasing adoption of precision farming techniques is a prominent trend in the Asia-Pacific agriculture irrigation equipment market.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by leading market players between 2020 and 2024. The key players profiled in the Asia-Pacific agriculture irrigation equipment market research report are Netafim Ltd. (Israel), Nelson Irrigation Corporation (U.S.), Jain Irrigation Systems Limited (India), T-L Irrigation Company (U.S.), Valmont Industries, Inc. (U.S.), Lindsay Corporation (U.S.), Rivulis Irrigation Ltd. (Israel), The Toro Company (U.S.), Rain Bird Corporation (U.S.), Galcon Bakarim Agricultural Cooperative Society Ltd. (Israel), Mahindra EPC Irrigation Limited (India), Harvel Agua India Private Limited (India), and Chinadrip Irrigation Equipment (Xiamen) Co., Ltd. (China).

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Increasing Government Initiatives to Support Farmers to Spur the Growth of the Asia-Pacific Agriculture Irrigation Equipment Market

In recent years, governments have significantly intensified their efforts to support farmers through various schemes and programs. This heightened focus stems from the critical role of agriculture in supplying food and essential products, the evolving challenges faced by farmers in the modern economy, and the need to ensure the long-term sustainability of agriculture. Government organizations worldwide actively promote irrigation systems as part of water resource conservation initiatives. These efforts assist farmers in adopting diverse agricultural irrigation equipment and innovative irrigation technologies.

The rapid depletion of water resources in many regions worldwide has sparked significant concerns regarding global agricultural sustainability. Governments in numerous countries are emphasizing the development and adoption of sustainable irrigation systems for agriculture. This government support also incentivizes farmers to invest in advanced and efficient irrigation systems, such as drip irrigation or precision sprinklers, to conserve water and reduce wastage. By promoting the utilization of modern irrigation technology, governments play a pivotal role in promoting sustainable agricultural practices and ensuring food security for the growing population.

In India, the government introduced the Per Drop More Crop component of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY-PDMC) in 2015-16 through its Department of Agriculture and Farmers Welfare (DA&FW). This scheme is focused on enhancing water use efficiency at the farm level through the use of micro irrigation, viz. drip as well as sprinkler irrigation systems, where the central government provides a 55% subsidy of the indicative unit cost to the farmers and at 45% to other cultivators (gardening, lawn cultivator) for encouraging them to install drip and sprinkler irrigations.

Moreover, the Australian Government funded around USD 500 million to improve the efficiency of on-farm irrigation systems and on-farm water use. The government is taking various initiatives by installing new or upgrading existing irrigation infrastructure or technology, including automated water management systems and sensing equipment intended to improve decision-making to help improve irrigation efficiency, upgrading of, or converting to, surface or sub-surface drip systems and overhead spray systems such as lateral move or center pivots and installing ancillary equipment necessary for new or upgraded irrigation systems to function.

Thus, supportive government initiatives such as loans and subsidies are expected to support the growth of the agriculture irrigation equipment market in the country.

Key Findings in the Asia-Pacific Agriculture Irrigation Equipment Market Study:

In 2024, the Drip Irrigation Segment is Expected to Dominate the Asia-Pacific Agriculture Irrigation Equipment Market

Based on type, the Asia-Pacific agriculture irrigation equipment market is segmented into drip irrigation, sprinkler irrigation, pivot irrigation, furrow irrigation systems, and terraced irrigation. In 2024, the drip irrigation segment is expected to account for the largest share of the Asia-Pacific agriculture irrigation equipment market. The large market share of this segment is attributed to factors such as rising demand for drip irrigation systems, primarily in row and horticultural crops, rising government support and subsidies for drip irrigation to mitigate the impact of water scarcity, and rising demand for precision irrigation technologies. Furthermore, the drip irrigation segment is expected to register the highest CAGR during the forecast period of 2024-2030. The growth of this segment is attributed to technological advancements in micro-irrigation systems, rising awareness about advanced irrigation technologies, and the need for efficient water management in the agriculture sector.

In 2024, the Tubing Segment is Expected to Dominate the Asia-Pacific Agriculture Irrigation Equipment Market

Based on component, the Asia-Pacific agriculture irrigation equipment market is segmented into tubing, sprinklers head, emitter/drippers, irrigation valves, filters, irrigation controllers, and other components. In 2024, the tubing segment is expected to account for the largest share of the Asia-Pacific agriculture irrigation equipment market. The large market share of this segment is attributed to the increasing adoption of drip and sprinkler irrigation techniques, where tubing plays a crucial role as an essential component for delivering water directly to plant roots. Moreover, the tubing segment is projected to register the highest CAGR during the forecast period of 2024–2030. This growth is driven by innovations in tubing technology and the absence of viable substitutes for tubing in irrigation systems.

In 2024, the Open-field Agriculture Segment is Expected to Dominate the Agriculture Irrigation Equipment Market

Based on application, the Asia-Pacific agriculture irrigation equipment market is segmented into open-field agriculture and closed-field agriculture. In 2024, the open-field agriculture segment is expected to account for the larger share of the Asia-Pacific agriculture irrigation equipment market. The large market share of this segment is attributed to the extensive land area dedicated to open-field agriculture, the rising demand for row crops, and the increasing government initiatives aimed at reducing water wastage through conventional irrigation methods to address water scarcity challenges in the region.

The open-field agriculture segment is further sub-segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and other crops. In 2024, the cereals & grains segment is expected to account for the largest share of the open-field agriculture market. The large market share of this segment is attributed to the increasing demand for food grains due to a growing global population, the extensive cultivation of staple crops such as wheat, maize, rice, and barley, which serve as the primary food source for a significant portion of the world's population, and the rising challenge of water scarcity, driving the increased adoption of irrigation systems for these crops.

China Expected to Dominate the Asia-Pacific Agriculture Irrigation Equipment Market

Based on country, the Asia-Pacific agriculture irrigation equipment market is segmented into China, India, Japan, Australia, and the Rest of Asia-Pacific. In 2024, China is expected to account for the largest share of the Asia-Pacific agriculture irrigation equipment market. China’s significant market share is attributed to rising government initiatives for water conservation, extensive agricultural land area, increasing adoption of micro-irrigation systems in response to growing water scarcity concerns, the integration of automation in irrigation systems, and a robust presence of both international and domestic irrigation equipment manufacturers in the country.

Scope of the Report:

Asia-Pacific Agriculture Irrigation Equipment Market Assessment, by Type

• Drip Irrigation
• Sprinkler Irrigation
• Pivot Irrigation
• Furrow Irrigation Systems
• Terraced Irrigation

Asia-Pacific Agriculture Irrigation Equipment Market Assessment, by Component

• Tubing
• Sprinklers Head
• Emitter/Drippers
• Irrigation Valves
• Filters
• Irrigation Controllers
• Other Components

Asia-Pacific Agriculture Irrigation Equipment Market Assessment, by Application

• Open-field Agriculture
  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Other Crops
• Closed-field Agriculture

Asia-Pacific Agriculture Irrigation Equipment Market Assessment, by Country

• China
• India
• Japan
• Australia
• Rest of Asia-Pacific (RoAPAC)

Key Questions Answered in the Report