Global Boom Irrigation Systems Market Size By Type (Type I, Type II), By Application (Vegetables, Flowers & Ornamentals), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 20828 | Published Date: Nov 2024 | No. of Pages: | Base Year for Estimate: Nov 2024 | Format:
The Global Boom Irrigation Systems Market was valued at USD 3.1 billion in 2023 and is projected to reach USD 5.4 billion by 2031, registering a CAGR of 7.2% during the forecast period from 2023 to 2031. This market's growth is driven by the increasing need for efficient water management in agriculture, advancements in irrigation technologies, and growing awareness about sustainable farming practices. Boom irrigation systems, known for delivering uniform water distribution, are gaining traction among farmers seeking to optimize crop yield with minimal water wastage.
Drivers
Rising Demand for Efficient Water
Management: With water scarcity becoming a global concern, there is an urgent
need for efficient irrigation systems that minimize water use. Boom irrigation
systems address this by providing targeted water delivery, reducing overall
consumption.
Technological Advancements in Irrigation:
Innovative features like automated controls, precision sprinkling, and
adjustable boom heights are driving adoption. These advancements allow for
better customization and efficiency, enhancing productivity.
Growing Focus on Sustainable Agriculture:
Sustainable farming practices are increasingly prioritized by both governments
and farmers, favoring boom irrigation systems that promote resource
conservation and soil health.
Restraints
High Initial Installation Costs: The setup
costs for boom irrigation systems can be substantial, limiting their adoption
among small-scale farmers.
Maintenance and Operational Complexity:
Regular maintenance and technical skills are necessary to operate advanced boom
irrigation systems, which may pose a challenge for some users.
Opportunity
Expansion in Emerging Markets: Emerging
markets in Asia-Pacific and Africa, where agriculture is a significant economic
contributor, present growth opportunities. As awareness of water conservation
grows, demand for efficient irrigation systems is expected to increase.
Integration of IoT and Automation:
Integrating IoT and automation in boom irrigation systems offers enhanced
monitoring and control capabilities, opening up new possibilities for precision
agriculture.
Market by System Type Insights
The Fixed Boom Irrigation System segment
dominated the market in 2023, driven by its cost-effectiveness and suitability
for large-scale agricultural applications. Mobile Boom Systems are anticipated
to witness the fastest growth during the forecast period due to their
flexibility and adaptability to different terrains and crop types.
Market by End-use Insights
The Cereal Crops segment accounted for the
largest market share in 2023, as these crops require uniform water distribution
for optimal yield. Horticulture is also emerging as a significant end-use
segment due to the high demand for controlled irrigation in fruits and
vegetable cultivation.
Market by Regional Insights
In 2023, North America held the largest
market share, supported by the adoption of advanced agricultural practices and
availability of modern irrigation infrastructure. Asia-Pacific is expected to
witness the highest growth, driven by a shift towards sustainable agriculture
and increasing investments in the agricultural sector.
Competitive Scenario
Key players in the Global Boom Irrigation
Systems Market include Lindsay Corporation, Valmont Industries, Inc., Netafim
Ltd., Rivulis Irrigation Ltd., and Jain Irrigation Systems Ltd. These companies
are focusing on strategic collaborations, innovative product launches, and
geographic expansion to strengthen their market presence.
Scope
of Work – Global Boom Irrigation Systems Market
Report
Metric |
Details |
Market Size (2023) |
USD 3.1 billion |
Market Size (2031) |
USD 5.4 billion |
Growth Rate (CAGR) |
7.2% |
Market Segments |
System Type (Fixed, Mobile), End-use
(Cereal Crops, Horticulture) |
Growth Drivers |
Demand for Efficient Water Management,
Technological Advancements |
Opportunities |
Emerging Markets, IoT and Automation
Integration |
Key
Market Developments
Lindsay Corporation introduced a new range
of IoT-enabled boom irrigation systems in 2023, aimed at improving water
management through remote monitoring capabilities.
Valmont Industries partnered with
agricultural research institutions in 2024 to develop advanced mobile boom
irrigation systems suitable for challenging terrains.
Netafim Ltd. expanded its presence in
Asia-Pacific in 2025 by launching a line of eco-friendly, automated irrigation
solutions tailored for high-yield crops.
FAQs
What is the current market size of the
Global Boom Irrigation Systems Market?
The market size was valued at USD 3.1
billion in 2023.
What is the major growth driver of the
Global Boom Irrigation Systems Market?
The primary growth driver is the increasing
need for efficient water management solutions in agriculture.
Which is the largest region during the
forecast period in the Global Boom Irrigation Systems Market?
North America held the largest share in
2023, while Asia-Pacific is expected to witness the highest growth.
Which segment accounted for the largest
market share in Global Boom Irrigation Systems Market?
The Cereal Crops segment accounted for the
largest share in 2023.
Who are the key market players in the
Global Boom Irrigation Systems Market?
Key players include Lindsay Corporation,
Valmont Industries, Inc., Netafim Ltd., Rivulis Irrigation Ltd., and Jain
Irrigation Systems Ltd.
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