Global Agricultural Water saving Technology Market Size and Regional Development Trends (2024-2028)
Market Overview
According to the latest Global Precision Agriculture Irrigation Market Report, the global market size of water-saving irrigation equipment has reached 24.7 billion US dollars in 2023, and is expected to grow to 35.4 billion US dollars by 2028, with a compound annual growth rate of 7.5%. This growth is mainly driven by three factors: global water scarcity, government subsidy policies, and the demand for improving agricultural production efficiency.
Regional feature analysis
The North American region currently holds the largest market share (about 35%), mainly due to mature agricultural infrastructure and advanced farm management concepts. The Asia Pacific region will become the fastest-growing market, especially in China, India, and Southeast Asian countries, which are undergoing a rapid transition from traditional irrigation to efficient water-saving irrigation. The European market places greater emphasis on the environmental standards and level of intelligence of products.
technology trends
Micro irrigation systems (including drip irrigation and micro sprinkler irrigation) are expected to maintain the highest growth rate, and their application in high-value crops such as fruits and vegetables is rapidly becoming popular. The integration of intelligent control systems and IoT technology is changing irrigation management methods, and data-driven precision irrigation decision-making systems are increasingly favored by large farms.