Market Size of India Agricultural Irrigation Machinery Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 296.20 Million |
| Market Size (2029) | USD 502.60 Million |
| CAGR (2024 - 2029) | 11.20 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
India Agricultural Irrigation Machinery Market Analysis
The India Agricultural Irrigation Machinery Market size is estimated at USD 296.20 million in 2024, and is expected to reach USD 502.60 million by 2029, at a CAGR of 11.20% during the forecast period (2024-2029).
- The Indian agricultural irrigation machinery market plays a crucial role in supporting the nation's agriculture, ensuring effective water management for farming activities. According to Niti Aayog, in 2022-23, India's total irrigated area reached 73 million hectares, which accounted for about 52% of the gross sown area. This highlights the critical role of irrigation in boosting agricultural productivity and meeting the food demands of a growing population.
- The market encompasses a wide array of products, including drip irrigation systems, sprinklers, pumps, valves, and control systems. Drip and sprinkler irrigation systems are particularly in high demand due to their water efficiency. As of 2022-23, micro-irrigation systems, which incorporate both drip and sprinkler technologies, account for about 11% of total irrigation in India, according to Niti Aayog. States with large cultivable areas and extensive irrigation infrastructure, such as Karnataka, Gujarat, Andhra Pradesh, Rajasthan, Maharashtra, and Haryana, are at the forefront of adopting these systems.
- The Indian micro-irrigation market is highly competitive, with both large and small-scale producers offering a variety of drip and sprinkler equipment. This increasing competition among private companies has driven innovation and customization, leading to solutions crafted to regional needs. For instance, Jain Irrigation's CanePro system, designed specifically for sugarcane farmers, combines drip irrigation and fertigation to significantly improve crop yields and water efficiency, addressing the unique demands of crops like sugarcane in Maharashtra or paddy in Tamil Nadu.
- Government initiatives have been instrumental in promoting irrigation machinery adoption. For instance, The Per Drop More Crop (PDMC) scheme, released USD 115.3 million between 2022-23. This program aimed at improving farm-level water use efficiency through drip and sprinkler irrigation systems. The government offers financial assistance, particularly higher subsidies for small and marginal farmers, to help offset the costs of installing micro-irrigation systems.
India Agricultural Irrigation Machinery Industry Segmentation
Agricultural Irrigation Machineries are a system that distributes water under low pressure through a piped network and applies it as a small discharge to each plant. Micro-irrigation uses less pressure and water flow than sprinkler irrigation. The report presents a deeper analysis of the industry, growth, and trend of agricultural irrigation machinery in India. The India Agricultural Irrigation Machinery Market is Segmented by Type into Sprinkler Irrigation, Drip Irrigation, and Pivot Irrigation and by Application into Crop and Non-Crop. The report offers the market size and forecasts for volume (units) and value (USD) for all the above segments.
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India Agricultural Irrigation Machinery Market Size Summary
The Indian Agricultural Irrigation Machinery market is experiencing steady growth, driven primarily by the pressing issue of water scarcity and the increasing need for efficient water management systems. The adoption of micro-irrigation systems, such as drip and sprinkler irrigation, is gaining momentum as these technologies offer solutions to enhance agricultural productivity while conserving water. States like Maharashtra, Karnataka, and Gujarat are at the forefront of this transition, leveraging government initiatives and subsidies to expand the reach of micro-irrigation. The market is characterized by intense competition among both large and small-scale producers, with significant investments being made in innovative technologies like solar-powered irrigation systems. The integration of these advanced systems is further supported by political and social awareness campaigns that highlight the benefits of modern irrigation methods.
The market landscape is also shaped by the growing interest in greenhouse cultivation, which is increasingly seen as a viable alternative to traditional farming methods. Greenhouses, often equipped with micro-irrigation systems, allow for year-round production and have become a focal point for agricultural innovation in India. Government support through financial incentives and subsidies is crucial in promoting the adoption of these technologies, as evidenced by initiatives like the Pradhan Mantri Krishi Sinchai Yojana. The market is dominated by major players such as Jain Irrigation Systems Ltd, EPC Industries Ltd, and Netafim Ltd, who are actively engaging in strategic partnerships and product innovations to maintain their competitive edge. As the demand for efficient irrigation solutions continues to rise, the market is poised for substantial growth, benefiting from both technological advancements and supportive government policies.
India 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 Rising Government Support and Subsidies
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1.2.2 Increasing Water Scarcity and Need for Efficient Irrigation
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1.2.3 Expanding Horticulture and High Value Crops
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1.3 Market Restraints
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1.3.1 High Initial Investment Cost
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1.3.2 Lack of Awareness and Technical Expertise
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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 Substitutes
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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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2.2.1.1 Field Crop
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2.2.1.2 Vegetable
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2.2.1.3 Fruit
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2.2.2 Non Crop
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2.2.2.1 Turf and Ornamental
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India Agricultural Irrigation Machinery Market Size FAQs
How big is the India Agricultural Irrigation Machinery Market?
The India Agricultural Irrigation Machinery Market size is expected to reach USD 296.20 million in 2024 and grow at a CAGR of 11.20% to reach USD 502.60 million by 2029.
What is the current India Agricultural Irrigation Machinery Market size?
In 2024, the India Agricultural Irrigation Machinery Market size is expected to reach USD 296.20 million.
