Market Size of Europe Agricultural Irrigation Machinery Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.24 Billion |
Market Size (2029) | USD 1.5 Billion |
CAGR (2024 - 2029) | 3.80 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Agricultural Irrigation Machinery Market Analysis
The Europe Agricultural Irrigation Machinery Market size is estimated at USD 1.24 billion in 2024, and is expected to reach USD 1.5 billion by 2029, growing at a CAGR of 3.80% during the forecast period (2024-2029).
As water scarcity intensifies, farmers are innovating ways to maximize crop yields with limited water resources. This has led to a surge in demand for irrigation machinery, particularly sprinklers and drippers. Key drivers for the rising adoption of sprinkler irrigation include dwindling water supplies, a push for efficient water management, and a growing emphasis on sustainable farming. Sprinkler systems are favored by farmers for their high application efficiency, mechanization benefits, reduced labor costs, and effective fertilizer delivery.
Government-backed initiatives across various European nations are set to bolster the demand for efficient water management solutions. For instance, in the United Kingdom, water management grants have been covering 40% of the costs for businesses involved in irrigated crops, ornamentals, or forestry nurseries since November 2021. Regions like South Portugal, Southeast Spain, and parts of Southeast Italy and Greece are grappling with freshwater scarcity. This has heightened the urgency for water-saving strategies that do not compromise crop yields, leading to the widespread adoption of advanced irrigation methods, even for crops like bananas.
Drip irrigation systems have proven to be more profitable than conventional methods for horticultural and fruit production. This led to their widespread adoption, with over half of Spain's irrigated land and 20% of Italy's utilizing drip systems as of 2022, as per the report from Irrigation Europe. There is a growing trend in fertigation, where fertilizers are administered alongside irrigation. Drip systems excel in this area, enhancing water and fertilizer efficiency by 30-50% and reducing labor costs. Key market players include Deere & Company, Lindsay Corporation, Rain Bird Corporation, and Rivulis Irrigation Ltd. These companies are solidifying their market presence through strategies like new product launches, mergers, acquisitions, and expanding manufacturing facilities.
Europe Agricultural Irrigation Machinery Industry Segmentation
Machinery that is used to supply water to agricultural land and crops to promote hydration and growth is categorized as agricultural irrigation machinery. The report presents a wide-ranging analysis of the market for agricultural irrigation machinery in Europe. To eliminate any double-count error in market estimations, bulk buyers procuring irrigation machinery for retail sales are not considered in the market after value-addition through further processing.
The market is segmented by type (sprinkler, drip, and pivot), application (crop and non-crop), and geography (Germany, United Kingdom, France, Italy, the Netherlands, and Rest of Europe). The report offers market sizes and forecasts in terms of value (USD) for all the above segments.
Type | |||||||||
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Pivot Irrigation |
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Netherlands | |
Rest of Europe |
Europe Agricultural Irrigation Machinery Market Size Summary
The European agricultural irrigation machinery market is experiencing significant growth, driven by the increasing need for efficient water usage in farming due to water scarcity. Farmers are increasingly adopting irrigation technologies such as sprinklers and drippers to maximize crop yield with limited water resources. However, the high initial capital investment required for these systems poses a challenge to market expansion. Key industry players like Deere & Company, Lindsay Corporation, Rain Bird Corporation, and Rivulis Irrigation Ltd are actively engaging in strategies such as new product launches, mergers, acquisitions, and plant expansions to enhance their market presence. The demand for drip irrigation systems is particularly rising in the European Union, as these systems offer reduced water and energy consumption while ensuring higher returns for growers, especially in water-intensive crops like maize.
Europe stands as a mature market for advanced agricultural practices, including hydroponics and smart greenhouse horticulture, with countries like the Netherlands, Spain, and France leading the charge. The Netherlands, in particular, is a frontrunner in hydroponic crop production, maintaining its leadership position for the foreseeable future. The growing consumer awareness regarding the superior quality of greenhouse-grown vegetables is fueling the demand for hydroponics, thereby boosting the market for irrigation machinery such as drip systems. As more farmers in Europe turn to these innovative irrigation solutions, the market is poised for continued growth, supported by strategic partnerships and technological advancements from leading companies in the sector.
Europe Agricultural Irrigation Machinery Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Threat of Water Scarcity
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1.2.2 Favorable Policies and Subsidies From the Government
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1.2.3 Labor Shortage and Technical Advancement
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1.3 Market Restraints
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1.3.1 High Initial Capital Investments
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1.3.2 Complexity of Set-up
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Sprinkler Irrigation
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2.1.1.1 Pumping Unit
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2.1.1.2 Tubing
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2.1.1.3 Couplers
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2.1.1.4 Spray/Sprinklers Heads
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2.1.1.5 Fittings and Accessories
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2.1.1.6 Others
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2.1.2 Drip Irrigation
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2.1.2.1 Valves
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2.1.2.2 Backflow Preventers
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2.1.2.3 Pressure Regulators
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2.1.2.4 Filters
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2.1.2.5 Emitters
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2.1.2.6 Tubing
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2.1.2.7 Other Drip Irrigation
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2.1.3 Pivot Irrigation
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2.2 Application
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2.2.1 Crop
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2.2.2 Non-Crop
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2.3 Geography
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2.3.1 Germany
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2.3.2 United Kingdom
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2.3.3 France
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2.3.4 Italy
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2.3.5 Netherlands
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2.3.6 Rest of Europe
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Europe Agricultural Irrigation Machinery Market Size FAQs
How big is the Europe Agricultural Irrigation Machinery Market?
The Europe Agricultural Irrigation Machinery Market size is expected to reach USD 1.24 billion in 2024 and grow at a CAGR of 3.80% to reach USD 1.5 billion by 2029.
What is the current Europe Agricultural Irrigation Machinery Market size?
In 2024, the Europe Agricultural Irrigation Machinery Market size is expected to reach USD 1.24 billion.