Market Size of Germany Irrigation Machinery Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.70 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Germany Irrigation Machinery Market Analysis
The German irrigation machinery market is expected to register a CAGR of 7.7% during the forecast period.
- Over 47% of the German territory is covered by agricultural land, the highest within Europe. This shows a lot of scope for agricultural irrigation machinery in the country. Sprinkler and drip irrigation are the two popular forms of irrigation in Germany.
- Before the advent of mechanization, farmers depended on natural sources for irrigation. However, mechanization in agriculture has moved well past tractors to encompass every aspect of the crop production cycle. Such mechanization increases productivity and yield per hectare and reduces water consumption per farm.
- In the current agricultural scenario, water scarcity is a major challenge and a key driver for using micro-irrigation machinery systems. Water scarcity leads to the deterioration of food production quality and quantity. Fragmented land needs controlled water, where the irrigation system proved fruitful. Irrigated land is twice productive as rain-fed land.
- The increasing adoption of farm mechanization by incorporating technical aids to support crop fields and the rising awareness of combined drainage irrigation facilitates augmenting the intercropping system in framing practices are some of the essential factors driving the market in Germany.