The South America agricultural irrigation machinery market size is projected to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing number of government programs promoting agricultural irrigation machinery.
Agricultural irrigation machinery is an equipment that is used to provide water to agricultural farmland in order to enhance hydration and growth. Irrigation mechanization can help farms to control the use of water. The COVID-19 pandemic has negatively impacted the country’s economy. Irrigation machinery suppliers and manufacturers experienced a variety of production challenges, including raw material shortages, plant shutdowns, and a lack of resources, among others.
Market trends, drivers, restraints and opportunities
- Rising acceptance of improvised and advanced technology is one of the major drivers of the market growth during forecast period.
- Increasing farmer awareness of the benefits of automated irrigation technologies is estimated to boost the market expansion in the coming years.
- Heavy investment by key market players as well as the government in the advancement of technologies related to irrigation machinery market is expected to spur the market growth during the forecast period.
- High cost of installation can hinder the market growth.
- Rising food demand and reduced arable land has increased the demand for effective irrigation. Thus, such opportunities are anticipated to create immense opportunities in the projected timeline.
Scope of the Report
The report on the South America agricultural irrigation machinery market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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South America Agricultural Irrigation Machinery Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Sprinkler Irrigation [Tubing, Couplers, Spray/Sprinklers Heads, Pumping Unit, and Other Accessories], Drip Irrigation [Backflow Preventers, Pressure Regulators, Filters, Emitters, Valves, and Others], and Pivot Irrigations) and Applications (Crop [Pulses & Oilseeds, Fruits & Vegetables, Grains & Cereals, and Others] and Non-crop)
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Geographical Scope
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Brazil, Argentina, and Rest of South America
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Jain Irrigation Systems Ltd; Lindsay Corporation; Netafim; Nelson Irrigation Corporation; and Deere & Company
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South America Agricultural Irrigation Machinery Market Segment Insights
Drip Irrigations segment is expected to grow at a rapid pace
Based on types, the market is divided into sprinkler irrigation, drip irrigation, and pivot irrigations. The sprinkler irrigation segment is further classified as tubing, couplers, spray/sprinklers heads, pumping unit, and other accessories. The drip Irrigations segment is expected to grow at a rapid pace during the forecast period owing to increasing utilization of subsurface drip irrigation systems in order to supplement fodder maize output.
Crop segment is projected to expand at a considerable CAGR
On the basis of applications, the market is segregated into crop and non-crop. The crop segment is categorized as pulses & oilseeds, fruits & vegetables, grains & cereals, and others. The crop segment is projected to expand at a considerable CAGR during the forecast period due to improvement in the food productivity and increasing demand for food in the country.
Brazil is anticipated to constitute a key market share
In terms of regions, the South America agricultural irrigation machinery market is segregated into Brazil, Argentina and Rest of South America. Brazil is expected to constitute a key share of the market during the projected period due to presence of major companies creating technical solutions for water usage in coffee plantations. Moreover, to simplify water consumption, improve productivity, crop quality, and lower production costs, various farmers are deploying high-quality irrigation solutions. However, the market of Argentina is anticipated to expand at a rapid pace during the forecast period.
Segments
The South America agricultural irrigation machinery market has been segmented on the basis of
Types
- Sprinkler Irrigation
- Tubing
- Couplers
- Spray/Sprinklers Heads
- Pumping Unit
- Other
- Drip Irrigation
- Backflow Preventers
- Pressure Regulators
- Filters
- Emitters
- Valves
- Others
- Pivot Irrigations
Applications
- Crop
- Pulses & Oilseeds
- Fruits & Vegetables
- Grains & Cereals
- Others
- Non-crop
Geography
- Brazil
- Argentina
- Rest of South America
Key Players
- Jain Irrigation Systems Ltd
- Lindsay Corporation
- Netafim
- Nelson Irrigation Corporation
- Deere & Company
Competitive Landscape
Key players competing in the South America agricultural irrigation machinery market are Jain Irrigation Systems Ltd; Lindsay Corporation; Netafim; Nelson Irrigation Corporation; and Deere & Company
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