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The Irrigation Equipment Market is projected to reach $15.75 billion by 2031, at a CAGR of 9.3% from 2024 to 2031. The growth of the irrigation equipment market is driven by increasing water scarcity, government initiatives for water conservation, and the growing need to mechanize agricultural operations. However, the high costs of implementing and maintaining advanced agricultural irrigation equipment restrain the market’s growth.

Furthermore, technological advancements in irrigation equipment and increasing automation in irrigation systems are expected to generate growth opportunities for the stakeholders in this market. However, the lack of awareness regarding advanced irrigation technologies is a major challenge impacting the market’s growth.

Additionally, the increasing adoption of precision farming techniques and the emergence of Irrigation as a Service (IaaS) are prominent trends in the irrigation equipment market.

Here are the top 10 companies operating in the Irrigation Equipment Market

Netafim Ltd. (Israel)

Netafim Ltd.Founded in 1965 and headquartered in Hatzerim, Israel, Netafim is a manufacturer and supplier of a wide range of irrigation equipment and precision agricultural solutions. Netafim Ltd. is a subsidiary of Orbia Advance Corporation S.A.B. de CV (Mexico), as Orbia acquired 80% of Netafim in 2017.

Netafim operates in eight business segments: Drippers and Driplines, Sprinklers; Filters; Valves; Flexible and PE Pipes; Connectors & Accessories; Water Meters; and Digital Farming. The company provides diverse solutions, from drippers to advanced automated systems for agriculture, greenhouses, landscaping, and mining, accompanied by agronomic, technical, and operational support.

The company delivers irrigation and greenhouse projects as well as landscape and mining irrigation solutions supported by engineering, project management, and financing services.

Netafim has a strong distribution network through its 33 subsidiaries and 19 manufacturing plants in 110 countries across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. As of December 2023, the company had a headcount of over 5,000 employees globally.

Valmont Industries, Inc. (U.S.)

Valmont Industries, Inc.Founded in 1946 and headquartered in Nebraska, U.S., Valmont Industries is engaged in the production of engineered products and services for infrastructure development and agriculture facilities. The company operates through three business segments: Infrastructure, Agriculture, and Other. The company provides mechanized irrigation systems and water management solutions through its Agriculture segment. The company provides irrigation products under brands such as AgSense, Valley, Valmont Tubing, Torrent, and Prospera.

Valmont is actively investing in artificial intelligence (AI), machine learning (ML), and connected crop management through organic and inorganic actions. The companies’ customers and end users include municipalities and government entities globally, manufacturers of commercial lighting fixtures (OEMs), contractors, telecommunications and utility companies, large farming operations, and the general manufacturing sector.

Valmont operates across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa through its 85 manufacturing sites and has a strong distribution network in more than 100 countries. As of December 2022, the company had a headcount of 11,364 employees worldwide.

Lindsay Corporation (U.S.)

Lindsay CorporationFounded in 1955 and headquartered in Nebraska, U.S., Lindsay manufactures and distributes irrigation and infrastructure equipment and technology. The company provides a variety of proprietary water management and road infrastructure products and services. Lindsay operates through two main business segments: Irrigation and Infrastructure.

Under the Irrigation business segment, the company offers different irrigation equipment such as center pivot, lateral move, and hose reel irrigation systems. Also, the company manufactures and markets repair and replacement parts for its irrigation systems and controls. The company is strengthening its irrigation product offerings through the adoption of innovative technology such as global positioning system (GPS), variable rate irrigation, wireless irrigation management, irrigation scheduling, Industrial Internet of Things (IIOT) technology solutions, and mobile device applications.

Lindsay offers irrigation equipment under several brand names: Zimmatic, FieldNET, and Perrot. The company also offers moveable barriers, specialty barriers, crash cushions and end terminals, road marking and road safety equipment, and railroad signals and structures.

With its subsidiaries and a strong distribution network, the company has a presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of August 2023, the company had a headcount of 1,209 employees worldwide.

The Toro Company (U.S.)

The Toro CompanyFounded in 1914 and headquartered in Minnesota, U.S., The Toro Company is a renowned machine manufacturer specializing in outdoor machinery, offering comprehensive products and solutions for turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions.

The company markets its products under esteemed brands, including Ditch Witch, Exmark, Spartan Mowers, BOSS, American Augers, Ventrac, Subsite Electronics, HammerHead, Trencor, Unique Lighting Systems, Irritrol, Perrot, Hayter, Pope, Lawn-Boy, and Radius. The company provides irrigation equipment under the Irritrol, Perrot, Hayter, and Pope brands.

The Toro Company primarily serves golf course owners, professional contractors, underground construction professionals, groundskeepers, agricultural growers, rental companies, government and educational institutions, and homeowners, as well as sports venues and historic sites. In 2023, The company received its ninth consecutive ‘Water Excellence Award’ from the U.S. Environmental Protection Agency (EPA).

The Toro Company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa through its subsidiaries and a robust distribution network in more than 125 countries. As of October 2023, the company had a headcount of 10,706 employees worldwide.

Jain Irrigation Systems Limited (India)

Jain Irrigation Systems LimitedIncorporated in 1986 and headquartered in Jalgaon, Maharashtra, India, Jain Irrigation Systems is engaged in the manufacturing and distribution of drip and sprinkler irrigation and its components. The company operates in four business segments: Hi-tech Agri Input Products; Plastic Division; Agro Processing Division; and Other Business Division. The company offers its products for different industries, including micro-irrigation, agri inputs, building & construction, infrastructure & public utilities, industrial, and end-to-end solutions. The company offers an array of irrigation products through micro-irrigation.

The company also offers products for agrivoltaic farming, fertigation, control & monitoring, hydroponics, aeroponics, vertical farming, and climate-smart agricultural solutions.

Jain Irrigation is also the largest manufacturer of plastic pipes in India, covering a wide range of pipes and fittings. The company annually processes over 500,000 MT of different kinds of polymers. Additionally, the company extrudes pipes/sheets and injects molds of PVC, PE, PP, and CPVC, along with other engineering polymers, such as polycarbonate, polyamide, PBT, ABS, etc. Moreover, under its green energy products business, the company also provides solar PV modules, solar pumps, solar off-grid power plants, solar rooftop grid-connected plants, solar water heating systems, LED-based home lighting, LED-based street lighting, LED lanterns, and turnkey projects.

The company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa through its subsidiaries and 33 manufacturing plants. The company also has a strong distribution network of more than 11,000 dealers and distributors in more than 126 countries. Moreover, as of 2023, the company had reached more than 10 million farmers across the globe. As of March 2023, the company had a headcount of over 6,551 employees globally.

Meticulous Research in its latest publication on Irrigation Equipment Market has predicted the growth of 9.3% during the forecast year 2024-2031.

Hunter Industries Inc (U.S.)

Hunter Industries IncFounded in 1981 and headquartered in California, U.S., Hunter Industries manufactures irrigation and outdoor lighting equipment. The company offers irrigation products and services to cater to the diverse needs of various sectors, including landscape irrigation, outdoor lighting, dispensing technology, and custom manufacturing sectors. The company’s portfolio includes irrigation controllers specially designed for residential landscapes, sports stadiums, national landmarks, theme parks, city parks, and commercial complexes. Moreover, Hunter Industries excels in micro irrigation solutions, providing micro sprays, drip control zone kits, root zone watering systems, point source drip emitters, filters & filter regulators, and eco-indicators.

The company’s subsidiaries include SENNINGER (U.S.) and Dispensing Dynamics (U.S.). Hunter Industries primarily serves stakeholders in the distributor, golf, and homeowner segments.

With its subsidiaries and a robust distribution network across 115 countries, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Rain Bird Corporation (U.S.)

Rain Bird CorporationFounded in 1933 and headquartered in Azusa, California, U.S., Rain Bird Corporation manufactures and supplies irrigation products. The company operates through four business segments: Landscape, Golf, Agriculture, and Training. The company offers irrigation equipment through its Landscape, Golf, and Agriculture business segments. The company offers more than 4,000 water-saving irrigation products and services tailored to cater to the diverse irrigation needs of farms, golf courses, sports arenas, commercial developments, and residential properties worldwide.

The company specializes in several types of irrigation equipment, including drip irrigation, micro sprays & spinners, low-flow sprinklers, impact sprinklers, and controllers for agricultural applications. For landscape applications, the company provides rotors & impact sprinklers, valves & valve boxes, controllers, drip irrigation, pump stations, and filters & filtration. Additionally, the company provides a wide array of irrigation products for homeowners, including timers & controllers, irrigation valves, spray heads & nozzles, rotor sprinklers, drip irrigation, impact sprinklers, hose-end sprinklers & kits, tools & accessories, and repair kits & parts.

Rain Bird Services and Rain Bird Corporation also deliver technical training solutions in the agriculture sector.

With a strong distribution network spanning more than 130 countries, the company has a presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

T-L Irrigation Company (U.S.)

T-L Irrigation CompanyFounded in 1955 and headquartered in Nebraska, U.S., T-L Irrigation manufactures and distributes irrigation equipment. The company specializes in pivot irrigation and offers a wider range of irrigation systems. The company provides sprinklers, pumps, and engine packages under its Power & Pump division. The company is also engaged in commercial galvanizing services.

In 2016, the company was awarded two patents by the United States Patent and Trademark Office for its GPS Navigation Corner System.

The company has a geographic presence across North America, Europe, Asia-Pacific, and the Middle East & Africa.

Reinke Manufacturing Co., Inc. (U.S.)

Reinke Manufacturing Co., Inc.Founded in 1954 and headquartered in Nebraska, U.S., Reinke Manufacturing specializes in the production and distribution of a wide array of irrigation systems and components, with a particular focus on center pivot and lateral move irrigation systems. The company operates through six business segments: Center Pivots; Precision AG; Specialty; Lateral Move; Genuine Parts; and Water Application. The company also integrates advanced technologies such as GPS, satellite-based communications, and touchscreen panels into its mechanized irrigation system management solutions.

With its subsidiaries and strong distribution network in more than 40 countries, the company has a strong geographical presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Rivulis Irrigation Ltd. (Israel)

Rivulis Irrigation Ltd.Founded in 1966 and headquartered in Kibbutz, Israel, Rivulis Irrigation is engaged in the design, manufacturing, and marketing of micro-irrigation products and solutions. The company operates through three business segments, namely Rivulis, Eurodrip, and NaanDan. Rivulis offers a wide array of drip and micro-irrigation products.

In addition to its irrigation products and services offerings, Rivulis Irrigation also undertakes the design, construction, and management of irrigation systems for various agricultural operations. The company’s irrigation projects are primarily used for the cultivation of hazelnuts in Azerbaijan, olives in Israel, sour cherries in Serbia, and vineyards in China.

Rivulis Irrigation also provides comprehensive smart farming solutions, ranging from hydraulic design software to irrigation monitoring and recommendations. These solutions are delivered through WCADI (advanced hydraulic irrigation design software), ReelView (agronomic imagery), Manna (irrigation intelligence), and Hydraulic Tools.

With 22 production facilities, 3 R&D centers (located in Israel, Greece, and California), and multiple design centers, the company has a geographical presence across North America, Europe, Southeast Asia, Latin America, and the Middle East & Africa. As of 2024, the company had a headcount of over 3,000 employees.

Popular Mention: Nelson Irrigation Corporation (U.S.), Irritec S.p.A (Italy), Chinadrip Irrigation Equipment (Xiamen) Co., Ltd. (China), and Galcon Bakarim Agricultural Cooperative Society Ltd. (Israel).

Authoritative Research on the Irrigation Equipment Market – Global Opportunity Analysis and Industry Forecast (2024-2031)

Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:

  • Recent financial performance
  • Key products
  • Significant company strategies
  • Partnerships and acquisitions

The comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.

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