Opportunities Preloader

Please Wait.....

Report

United States Irrigation Valves Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)

Market Report I 2023-01-23 I 90 Pages I Mordor Intelligence

The United States Irrigation Valves Market is expected to register a CAGR of approximately 5% over the forecast period. The increasing investment in automation and advanced agricultural irrigation equipment to drive productivity and make it less labour-intensive are driving the growth of the studied market. Additionally, the need to reduce the wastage of water in agricultural applications, especially in water-scarce areas, also supports the examined market's growth in the United States.

Key Highlights
Irrigation valves are a necessary component in irrigation systems. There are many types of irrigation valves, which can regulate the direction of water flow and control switches, function as a perfect pipeline, and ensures the stable and safe operation of the entire farm irrigation system. An irrigation valve is responsible for regulating the pressure and flow of the water in the sprinklers. Therefore, the irrigation valve can help managers control the entire irrigation system in more detail and accurately, which is a safety component in water-saving irrigation equipment.
Several irrigation valve types are used in agricultural irrigation applications, including ball valves, automatic valves, butterfly valves, globe valves, etc. Irrigation valves are also widely used in non-agricultural applications such as demineralized water systems, high-integrity pressure protection systems, pressure control systems, on/off systems, and other applications.
Although decreasing, the United States still has the largest area of arable land. The country has some giant farms that produce agricultural products to fulfill domestic requirements but also make the country among the largest exporters of agricultural products. According to USDA, in 2021, the number of farms in the United States was estimated at 2,012,050, down 6,950 farms from 2020. However, the average farm size increased to 445 acres in 2021 from 444 acres the previous year.
The rising demand for irrigation equipment in farms and agricultural lands, the growing adoption of modern techniques in agriculture, and several government initiatives for water conservation are creating a favorable market scenario for the studied market growth. For instance, in April 2022, the U.S. government announced USD 10 million in Bipartisan infrastructure law investments for Irrigation and power projects across Indian country, which included USD 3.74 million for Wapato Irrigation Project, USD 1.85 million for the Colorado River Indian Irrigation Project, and USD 1.25 million for Fort Peck Irrigation Project.
However, considering the longer operating duration of irrigation activities, opening or closing, leaking, or becoming extremely hot are the most frequent problems with irrigation valves. Additionally, the valves' cost is among the major factors challenging the studied market's growth.
A notable impact of COVID-19 has been observed on the studied market as the supply chain disruption created due to widespread lockdown imposed across various parts of the country significantly impacted the demand for agricultural and non-agricultural applications, especially during the initial phase, as investments in new projects and expansion activities were put on hold for at least a brief period. However, with the conditions returning to normalcy, the demand is expected to gain traction during the forecast period.


US Irrigation Valves Market Trends

Plastic Valves to Hold Significant Market Share


Plastic valves have become increasingly popular for specific agricultural and non-agricultural applications. One of the most significant advantages of plastic valves is that they do not typically corrode when exposed to saline or acidic water. This factor is essential in irrigation systems that frequently apply fertigation and chemigation by the water or use alternative water sources. Additionally, it is significant for systems that often apply fertilizers and chemicals with water. Standard metals like ductile iron eventually corrode under acidic conditions. Plastics, on the other hand, can tolerate high and low pH and are chemically inert.
Coming to cost considerations, plastics are the material of choice. The raw material and the manufacturing process are more cost competitive than metal. Because of their lower weight, plastics also cost much less to transport. Plastic valves are lighter and easier to handle during installation. Because of their smooth interior surface and lack of corrosion, they are less prone to sediment build-up and are usually virtually maintenance-free. Such factors drive the demand for these valves across the agricultural sector.
Several vendors offer plastic valves for agricultural and related industries. The increasing demand encourages these vendors to develop new products, catering to various agricultural use cases. For instance, Aptar, a U.S.-based manufacturer of valves, launched the SimpliCycle TPE-S valve, which was approved as sustainable by RecyClass in September 2022.
Irrigation is a vital part of the U.S. agricultural economy. Agriculture is a significant user of ground and surface water in the United States. Recently, according to the U.S. Department of Agriculture, there were over 2 million farms in the United States. However, increasing competition for water supplies, declining groundwater reserves, and shifts in climatic conditions and hydrologic flows are taxing the ability of regional water systems to meet irrigation needs in the United States, which is expected to drive the demand for plastic irrigation valves.


Agricultural applications to Hold Significant Market Share


Among the application areas, agricultural applications are among the major consumer of irrigation valves. The Presence of vast arable land and some of the biggest and most advanced farms in the United States drives the demand for irrigation valves. According to USDA, in 2021, Texas was the leading state with about 2,47,000 farms, followed by Missouri (95,000), and Iowa (84,900).
The increasing per capita food consumption is driving investments to ensure sufficient availability of food materials in the country. According to USDA, about 89.8% of U.S. households were food secure throughout the year in 2021, while 3.8% of U.S. households had very low food security.
The butterfly valve is one of the most often utilized valves in agricultural applications. These valves provide several benefits over other valves, including simplicity of use, extended operational life, reduced pressure drop, lightweight, compact size, and lower cost. One of the main factors influencing the butterfly valve demand in agricultural applications is that these valves are typically roughly 40% less expensive than iron gate valves.
Increasing investments in agricultural applications are also driving the demand for irrigation valves . For instance, ifor agricultural applications. For instance, in November 2022, the Government of the United States allocated over USD 47 million to a new project that would provide on-site water infrastructure to 260 food-producing community gardens under the jurisdiction of NYC Parks in Bronx, Kings, New York, Queens, and Richmond counties. Recently, according to the U.S. Department of Agriculture, Texas was by far the leading U.S. state in the total number of farms,


US Irrigation Valves Market Competitor Analysis

The United States Irrigation Valves Market is fragmented due to several vendors offering irrigation valves. Major players are focusing on using various strategies, such as new product launches, joint ventures, partnerships, collaborations, and acquisitions, to increase their footprints in this market to sustain revenue growth. Key players in the market are BERMAD CS Ltd, Netafim USA, Raven Industries Inc., The Toro Company, and many more.


April 2022 - The United States agriculture Secretary announced that the U.S. Department of Agriculture (USDA) will invest USD 420 million in 132 infrastructure projects in 31 states, including watershed restoration, rehabilitating dams, and flood prevention projects. Using this funding open irrigation canals will be converted to pipes delivering water in a more efficient manner to preserve water. Such projects are expected to drive the demand for irrigation valves.
March 2022 - IDEX Corporation, a U.S.-based provider of fluid and metering technologies, acquired KZValve Business, a provider of electric valves and controllers for the agriculture market. The acquisition of KZValve will augment and further expand IDEX's agricultural product portfolio. Adding KZValve to the IDEX family of companies will extend the company's expertise in providing OEMs with critical solutions for agriculture applications, opening access to new product opportunities.


Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Consumers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Impact of COVID-19 on the United States Irrigation Valves Market

5 MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Demand for Agricultural Crops
5.1.2 Growing Investment in Irrigation Projects
5.2 Market Challenges
5.2.1 High Initial Costs

6 MARKET SEGMENTATION
6.1 By Material Type
6.1.1 Metal Valves
6.1.2 Plastic Valves
6.2 By Valve Type
6.2.1 Ball Valve
6.2.2 Butterfly Valve
6.2.3 Globe Valve
6.2.4 Automatic Valves
6.3 By Application
6.3.1 Agricultural Applications
6.3.2 Non-agricultural applications
6.4 By Region
6.4.1 Northeast
6.4.2 Southwest
6.4.3 West
6.4.4 Southeast
6.4.5 Midwest

7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 ACE PUMP CORPORATION
7.1.2 BERMAD CS Ltd
7.1.3 Netafim USA
7.1.4 Raven Industries Inc
7.1.5 The Toro Company
7.1.6 GF Piping Systems
7.1.7 Dorot
7.1.8 Anything Flows LLC
7.1.9 TVI
7.1.10 Erdmann Corporation

8 INVESTMENT ANALYSIS

9 FUTURE OUTLOOK OF THE MARKET

  • Not Sure / Need Reassuring
    • Confirm Content
      • Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:

        Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.

        Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.

        Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.

    • Sample Pages
      • With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.

        It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.

        To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Check for Alternatives
      • Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.

        To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.

  • Prices / Formats / Delivery
    • Prices
      • All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.

        Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Discounts
      • As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.

        Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.

        To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Available Currencies
      • Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.

        Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.

        To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.

    • Licenses
      • License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Global Site License
      • The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.

        It is important to note that this may exclude Parent Companies or Subsidiaries.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Formats
      • The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.

        If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.

    • Delivery
      • Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.

        Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.

        If a delay in delivery is expected you will be informed about it immediately.

    • Shipping Charges
      • As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.

        If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.

  • Ordering
    • By Credit Card
      • We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.

        Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.

        For more information on PayU please visit: https://www.payu.pl/en/about-us

    • By Money Transfer
      • If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.

        With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.

  • Security
    • Website security
      • We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.

        Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.

    • Credit Card Security
      • We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.

        PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.

PLEASE SELECT LICENSE
  • $4750.00
  • $5250.00
  • $6500.00
  • $8750.00
  • ADD TO BASKET
  • BUY NOW