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South East Asia Agriculture Irrigation Equipment Market
South East Asia Agriculture Irrigation Equipment Market by Type (Drip, Sprinkler, Furrow, Pivot Irrigation), Component (Tubing, Emitter, Sprinklers, Filter), Application (Open-field {Cereals & Grains, Fruits and Vegetables}, Closed-field) - Forecast to 2030
Report ID:MRAGR - 1041011 Pages: 198 Jul-2024 Formats*: PDF Category: Agriculture Delivery: 24 to 72 HoursThe South East Asia Agriculture Irrigation Equipment Market is projected to reach $91.2 million by 2030, at a CAGR of 8.2% during the forecast period of 2024 to 2030. The growth of this market is driven by the increasing water scarcity in the region, the rising adoption of modern irrigation technologies to increase crop output, and rising government initiatives for sustainable water use. However, the high maintenance cost of irrigation equipment and high initial 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 provide market growth opportunities for the stakeholders operating in this market. However, the 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 South East Asia 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 South East Asia 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.), Rivulis Irrigation Ltd. (Israel), The Toro Company (U.S.), Rain Bird Corporation (U.S.), Galcon Bakarim Agricultural Cooperative Society Ltd. (Israel), and Chinadrip Irrigation Equipment (Xiamen) Co., Ltd. (China).
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Increasing Water Scarcity in the Region to Spur the Growth of the South East Asia Agriculture Irrigation Equipment Market
Agriculture’s water scarcity is becoming an increasingly major problem in many South East Asian countries, including Indonesia and Thailand. The agriculture sector in South East Asia is the major consumer of freshwater. The continuously growing population and economic growth have led to increased water use in various industrial applications. Further, the increasing impact of climate change affects the availability of water resources in the region. Thus, these factors led to an increase in water scarcity for the agriculture sector in the region.
In Indonesia, the rapid expansion of industrialization and urbanization has led to increased water demand, leaving farmers with limited access to water for irrigation. This has resulted in decreased agricultural productivity and a growing reliance on imported food. Moreover, in the country, total irrigation demand in Java, South East Sumatra, South Sulawesi, Bali, and West Nusa Tenggara is high. In addition, these areas lack freshwater resources. Moreover, Java is a significant water stress area in the country, containing more than half of the population and only 10% of the country’s water supplies.
Moreover, Indonesia’s Ministry of Public Works and Housing projected that the water levels in Java will drop to 476 m3 per person per year by 2040, far below the annual level of 1,169 m3 per person per year in 2019. The ministry also says the ideal per capita amount of water is 1,600 m3 per person per year. Furthermore, almost 10% of Indonesia is expected to experience a water crisis by 2045. Considering these water shortage challenges, in 2024, the Ministry of National Development Planning (BAPPENAS) is collaborating with the United Nations Food and Agriculture Organization (FAO) to implement the Water Scarcity Program in Indonesia. Thus, all these factors are expected to drive the demand for agricultural irrigation equipment in the country.
Similarly, in Thailand, the combination of droughts and inefficient irrigation systems has further increased the water scarcity issue, posing a significant threat to the country's agricultural sector and food security. Moreover, a severe drought hit Thailand in 2020, which caused severe damage to the country’s agriculture sector, particularly sugar, rubber, and rice crops. According to the Bank of Ayudhya’s Krungsri Research (Thailand), this drought cost the country around USD 1.5 billion (46 billion Thai baht), or 0.27% of GDP in 2020. The drought also affected off-season field crops, fruit trees, and freshwater fish farming production. Thus, the low availability of agricultural water resources has put pressure on the government as well as on farmers to adopt sustainable irrigation systems in the country. Thus, the rising water scarcity challenges in the major South East Asian countries are expected to drive the growth of the agricultural irrigation equipment market.
Key Findings in the South East Asia Agriculture Irrigation Equipment Market Study:
In 2024, the Drip Irrigation Equipment Segment is Expected to Dominate the South East Asia Agriculture Irrigation Equipment Market
Based on type, the South East Asia agriculture irrigation equipment market is segmented into drip irrigation equipment, sprinkler irrigation equipment, pivot irrigation equipment, furrow irrigation equipment, and terraced irrigation equipment. In 2024, the drip irrigation equipment segment is expected to account for the largest share of the South East Asia agriculture irrigation equipment market. The large market share of this segment is attributed to factors such as rising awareness regarding micro irrigation systems, including drip irrigation, easy availability and accessibility of drip irrigation systems and spare parts, presence of key providers of drip irrigation systems, increasing adoption of drip irrigation in row and horticultural crops in the region, and rising government support to mitigate the impact of water scarcity.
Furthermore, the drip irrigation equipment segment is anticipated to register the highest CAGR during the forecast period of 2024-2030 owing to the rising technological advancements in micro-irrigation systems, rising awareness about advanced irrigation technologies, and the vast need for efficient water management in the agriculture sector in the region.
In 2024, the Tubing Segment is Expected to Dominate the South East Asia Agriculture Irrigation Equipment Market
Based on component, the South East Asia 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 South East Asia agriculture irrigation equipment market. The large market share of this segment is attributed to the increasing adoption of drip and sprinkler irrigation techniques in the region, 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. Moreover, with ongoing advancements in tubing materials and design, manufacturers are offering more durable, flexible, and efficient tubing solutions, which are further expected to support the growth of this market in the region.
In 2024, the Open-field Agriculture Segment is Expected to Dominate the Agriculture Irrigation Equipment Market
Based on application, the South East Asia 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 South East Asia agriculture irrigation equipment market. The large market share of this segment is attributed to the high area of crops under open-field agriculture, the rising demand for the region’s rice across the globe, 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 population, the increasing cultivation of staple crops, including rice, which serve as the primary food source for a significant portion of the world's as well as region’s population, and the rising water scarcity challenges for cereal and grain production.
Indonesia Expected to Dominate the South East Asia Agriculture Irrigation Equipment Market
Based on country, the South East Asia agriculture irrigation equipment market is segmented into Indonesia, Thailand, Vietnam, Philippines, Malaysia, and the rest of South East Asia. In 2024, Indonesia is expected to account for the largest share of the South East Asia agriculture irrigation equipment market. Indonesia’s significant market share is attributed to the high area under crop cultivation, increasing adoption of various irrigation systems due to rising water scarcity for agriculture in the country, rising government initiatives for water conservation, and increasing automation in irrigation systems.
Scope of the Report:
South East Asia Agriculture Irrigation Equipment Market Assessment, by Type
- Drip Irrigation Equipment
- Sprinkler Irrigation Equipment
- Pivot Irrigation Equipment
- Furrow Irrigation Equipment
- Terraced Irrigation Equipment
South East Asia Agriculture Irrigation Equipment Market Assessment, by Component
- Tubing
- Sprinklers Head
- Emitter/Drippers
- Irrigation Valves
- Filters
- Irrigation Controllers
- Other Components
South East Asia Agriculture Irrigation Equipment Market Assessment, by Application
- Open-field Agriculture
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Other Crops
- Closed-field Agriculture
South East Asia Agriculture Irrigation Equipment Market Assessment, by Country
- Indonesia
- Thailand
- Vietnam
- Philippines
- Malaysia
- Rest of South East Asia
Key Questions Answered in the Report-
Agriculture irrigation equipment encompasses various components and 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 agricultural crops while minimizing water wastage. These components and systems enhance the efficiency and productivity of agriculture by providing the precise water requirements for each crop.
This report provides detailed market insights, dynamics, and forecasts of the agriculture irrigation equipment market segmented by type, components, application, and country.
The South East Asia agriculture irrigation equipment market is projected to reach $91.2 million by 2030, at a CAGR of 8.2% during the forecast period.
Based on component, the tubing segment is expected to witness the fastest growth during the forecast period.
o Increasing Water Scarcity in the Region
o Rising Adoption of Morden Irrigation Technologies to Increase Crop Output
o Rising Government Initiatives for Sustainable Water Uses
o High Maintenance Cost of Irrigation Equipment
o High Initial Costs of Advanced Agriculture Irrigation Equipment
The key players operating in the South East Asia agriculture irrigation equipment market 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.), Rivulis Irrigation Ltd. (Israel), The Toro Company (U.S.), Rain Bird Corporation (U.S.), Galcon Bakarim Agricultural Cooperative Society Ltd. (Israel), and Chinadrip Irrigation Equipment (Xiamen) Co., Ltd. (China).
Indonesia is expected to account for the largest share of the South East Asia agriculture irrigation equipment market in 2024. Indonesia’s significant market share is attributed to the huge area under crop cultivation, increasing adoption of various irrigation systems due to increasing water scarcity, rising government initiatives for water conservation, and increasing automation in irrigation systems.
1. Market Definition & Scope
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Process of Data Collection and Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
3. Executive Summary
3.1. Overview
3.2. Segment Analysis
3.2.1. South East Asia Agriculture Irrigation Equipment Market, by Type
3.2.2. South East Asia Agriculture Irrigation Equipment Market, by Component
3.2.3. South East Asia Agriculture Irrigation Equipment Market, by Application
3.3. South East Asia Agriculture Irrigation Equipment Market, by Country/Region
3.4. Competitive Landscape & Market Competitors
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Drivers
4.2.1.1. Increasing Water Scarcity in the Region
4.2.1.2. Rising Adoption of Modern Irrigation Technologies to Increase Crop Output
4.2.1.3. Rising Government Initiatives for Sustainable Water Uses
4.2.2. Restraints
4.2.2.1. High Maintenance Cost of Irrigation Equipment
4.2.2.2. High Initial Costs of Advanced Agriculture Irrigation Equipment
4.2.3. Opportunities
4.2.3.1. Technological Advancements in Irrigation Equipment
4.2.3.2. Rising Automation in Irrigation System
4.2.4. Challenges
4.2.4.1. Low Awareness of Advanced Agriculture Irrigation Technologies
4.3. Trend
4.3.1. Increasing Adoption of Precision Farming Techniques
4.4. Porter’s Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of Substitutes
4.4.4. Threat of New Entrants
4.4.5. Degree of Competition
5. South East Asia Agriculture Irrigation Equipment Market Assessment—by Type
5.1. Overview
5.2. Drip Irrigation Equipment
5.3. Sprinkler Irrigation Equipment
5.4. Pivot Irrigation Equipment
5.5. Furrow Irrigation Equipment
5.6. Terraced Irrigation Equipment
6. South East Asia Agriculture Irrigation Equipment Market Assessment—by Component
6.1. Overview
6.2. Tubing
6.3. Sprinkler Head
6.4. Emitter/Drippers
6.5. Irrigation Valves
6.6. Filters
6.7. Irrigation Controllers
6.8. Other Components
7. South East Asia Agriculture Irrigation Equipment Market Assessment—by Application
7.1. Overview
7.2. Open-field Agriculture
7.2.1. Cereals & Grains
7.2.2. Oilseeds & Pulses
7.2.3. Fruits & Vegetables
7.2.4. Other Crops
7.3. Closed-field Agriculture
8. South East Asia Agriculture Irrigation Equipment Market Assessment—by Country/Region
8.1. Overview
8.2. Indonesia
8.3. Thailand
8.4. Vietnam
8.5. Philippines
8.6. Malaysia
8.7. Rest of South East Asia
9. Competition Analysis
9.1. Overview
9.2. Key Growth Strategies
9.3. Competitive Benchmarking
9.4. Competitive Dashboard
9.4.1. Industry Leaders
9.4.2. Market Differentiators
9.4.3. Vanguards
9.4.4. Emerging Companies
9.5. Vendor Market Positioning
9.6. Market Share Analysis
10. Company Profile (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)
10.1. Netafim Ltd.
10.2. Nelson Irrigation Corporation
10.3. Jain Irrigation Systems Limited
10.4. T-L Irrigation Company
10.5. Valmont Industries, Inc.
10.6. Rivulis Irrigation Ltd.
10.7. The Toro Company
10.8. Rain Bird Corporation
10.9. Galcon Bakarim Agricultural Cooperative Society Ltd.
10.10. Chinadrip Irrigation Equipment (Xiamen) Co., Ltd.
(Note: SWOT Analysis of the Top 5 Companies Will Be Provided.)
11. Appendix
11.1. Available Customization
11.2. Related Reports
List of Tables
Table 1 South East Asia Agriculture Irrigation Equipment Market: Key Stakeholders
Table 2 South East Asia Agriculture Irrigation Equipment Market, by Type, 2021–2030 (USD Million)
Table 3 South East Asia Drip Irrigation Equipment Market, by Country/Region, 2021–2030 (USD Million)
Table 4 South East Asia Sprinkler Irrigation Equipment Market, by Country/Region, 2021–2030 (USD Million)
Table 5 South East Asia Pivot Irrigation Equipment Market, by Country/Region, 2021–2030 (USD Million)
Table 6 South East Asia Furrow Irrigation Equipment Market, by Country/Region, 2021–2030 (USD Million)
Table 7 South East Asia Terraced Irrigation Equipment Market, by Country/Region, 2021–2030 (USD Million)
Table 8 South East Asia Agriculture Irrigation Equipment Market, by Component, 2021–2030 (USD Million)
Table 9 South East Asia Agriculture Tubing Market, by Country/Region, 2021–2030 (USD Million)
Table 10 South East Asia Agriculture Sprinklers Market, by Country/Region, 2021–2030 (USD Million)
Table 11 South East Asia Emitter/Drippers Market, by Country/Region, 2021–2030 (USD Million)
Table 12 South East Asia Irrigation Valves Market, by Country/Region, 2021–2030 (USD Million)
Table 13 South East Asia Irrigation Filters Market, by Country/Region, 2021–2030 (USD Million)
Table 14 South East Asia Irrigation Controllers Market, by Country/Region, 2021–2030 (USD Million)
Table 15 South East Asia Other Irrigation Components Market, by Country/Region, 2021–2030 (USD Million)
Table 16 South East Asia Agriculture Irrigation Equipment Market, by Application, 2021–2030 (USD Million)
Table 17 South East Asia Agricultural Irrigation Equipment Market for Open-field Agriculture, by Country/Region, 2021–2030 (USD Million)
Table 18 South East Asia Agricultural Irrigation Equipment Market for Cereals & Grains, by Country/Region, 2021–2030 (USD Million)
Table 19 South East Asia Agricultural Irrigation Equipment Market for Oilseeds & Pulses, by Country/Region, 2021–2030 (USD Million)
Table 20 South East Asia Agricultural Irrigation Equipment Market for Fruits & Vegetables, by Country/Region, 2021–2030 (USD Million)
Table 21 South East Asia Agricultural Irrigation Equipment Market for Other Crops, by Country/Region, 2021–2030 (USD Million)
Table 22 South East Asia Agricultural Irrigation Equipment Market for Closed-field Agriculture, by Country/Region, 2021–2030 (USD Million)
Table 23 South East Asia: Agriculture Irrigation Equipment Market, by Country/Region, 2021–2030 (USD Million)
Table 24 Indonesia: Agriculture Irrigation Equipment Market, by Type, 2021–2030 (USD Million)
Table 25 Indonesia: Agriculture Irrigation Equipment Market, by Component, 2021–2030 (USD Million)
Table 26 Indonesia: Agriculture Irrigation Equipment Market, by Application, 2021–2030 (USD Million)
Table 27 Thailand: Agriculture Irrigation Equipment Market, by Type, 2021–2030 (USD Million)
Table 28 Thailand: Agriculture Irrigation Equipment Market, by Component, 2021–2030 (USD Million)
Table 29 Thailand: Agriculture Irrigation Equipment Market, by Application, 2021–2030 (USD Million)
Table 30 Vietnam: Agriculture Irrigation Equipment Market, by Type, 2021–2030 (USD Million)
Table 31 Vietnam: Agriculture Irrigation Equipment Market, by Component, 2021–2030 (USD Million)
Table 32 Vietnam: Agriculture Irrigation Equipment Market, by Application, 2021–2030 (USD Million)
Table 33 Philippines: Agriculture Irrigation Equipment Market, by Type, 2021–2030 (USD Million)
Table 34 Philippines: Agriculture Irrigation Equipment Market, by Component, 2021–2030 (USD Million)
Table 35 Philippines: Agriculture Irrigation Equipment Market, by Application, 2021–2030 (USD Million)
Table 36 Malaysia: Agriculture Irrigation Equipment Market, by Type, 2021–2030 (USD Million)
Table 37 Malaysia: Agriculture Irrigation Equipment Market, by Component, 2021–2030 (USD Million)
Table 38 Malaysia: Agriculture Irrigation Equipment Market, by Application, 2021–2030 (USD Million)
Table 39 Rest of South East Asia: Agriculture Irrigation Equipment Market, by Type, 2021–2030 (USD Million)
Table 40 Rest of South East Asia: Agriculture Irrigation Equipment Market, by Component, 2021–2030 (USD Million)
Table 41 Rest of South East Asia: Agriculture Irrigation Equipment Market, by Application, 2021–2030 (USD Million)
Table 42 Recent Developments, by Company (2020–2024)
List of Figures
Figure 1 Research Process
Figure 2 Secondary Sources Referenced for This Study
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 6 Market Sizing and Growth Forecast Approach
Figure 7 In 2024, the Drip Irrigation Equipment Segment is Expected to Dominate the South East Asia Agriculture Irrigation Equipment Market
Figure 8 In 2024, the Tubing Segment is Expected to Dominate the South East Asia Agriculture Irrigation Equipment Market
Figure 9 In 2024, the Open-field Agriculture Segment is Expected to Dominate the South East Asia Agriculture Irrigation Equipment Market
Figure 10 Indonesia Dominates the South East Asia Agriculture Irrigation Equipment Market
Figure 11 Factors Affecting Market Growth
Figure 12 South East Asia Agriculture Irrigation Equipment Market, by Type, 2024 Vs. 2030 (USD Million)
Figure 13 South East Asia Agriculture Irrigation Equipment Market, by Component, 2024 Vs. 2030 (USD Million)
Figure 14 South East Asia Agriculture Irrigation Equipment Market, by Application, 2024 Vs. 2030 (USD Million)
Figure 15 South East Asia Agriculture Irrigation Equipment Market, by Country/Region, 2024 (%)
Figure 16 South East Asia: Agriculture Irrigation Equipment Market Snapshot (2024)
Figure 17 Key Growth Strategies Adopted by Leading Players (2020–2024)
Figure 18 Competitive Dashboard: South East Asia Agriculture Irrigation Equipment Market
Figure 19 South East Asia Agriculture Irrigation Equipment Market: Competitive Benchmarking, by Type
Figure 20 Netafim Ltd.: Financial Overview (2022)
Figure 21 Jain Irrigation Systems Limited: Financial Overview (2024)
Figure 22 Valmont Industries, Inc.: Financial Overview (2022)
Figure 23 The Toro Company: Financial Overview (2022)
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