Global Micro Irrigation System Market
The global micro irrigation system market is expected to reach USD xx billion by 2026, while increasing at a CAGR of 12.2% during 2019-2026. The rising demand for global food, continuous environmental changes, and increasing population size, particularly in developing countries, are key factors driving the growth of the global micro irrigation system market.
Introduction of the Micro Irrigation System Market:
In the era of modernizations, several new technologies have been developed in the field of irrigation. One such technique is micro-irrigation, which has changed the irrigation methods of the crops. It is largely adopted and applied across numerous nations. In the micro-irrigation process, the water is sent below and above the surface of the soil as discrete drops, rapid drops, or tiny streams from emitters connected to the water supply. The micro-irrigation techniques are categorized into two types, such as sprinkler irrigation and drip irrigation.
Micro Irrigation System Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Some of the factors contributing to the growth of the market include the rising demand for global food, continuous environmental changes, and increasing population size, particularly in developing countries. The growing requirement for efficient irrigation techniques water conservation in dry regions will further enhance the demand for the market. Micro-irrigation system is gaining popularity compared to traditional irrigations systems as they consume less water, along with high crop yields. Moreover, the major factors propelling the growth of the global micro irrigation system market include decreased labor costs, systematic use of fertilizers, and improved farm productivity.
The increasing need for food and water due to growth in the population is bringing requirements for better irrigation techniques, which will further boost the demand of the market. Various initiatives are taken up by the government to encourage the use of micro-irrigation worldwide, which in turn, will fuel the growth of the micro irrigation system market in the upcoming years. Additionally, the flexibility offered to practice irrigation as per the need and control over the production timing are the factors accelerating the growth of the global micro irrigation system market. On the other hand, the factors hindering the growth of the market include high initial investment and increased maintenance cost of the micro-irrigation system.
Key Players of the Global Micro Irrigation System Market:
- Jain Irrigation Systems Ltd.
- Netafim
- The Toro Company
- T-L Irrigation Co.
- Lindsay Corporation
- Rain Bird Corporation
- Mahindra EPC Irrigation Ltd.
- Valmont Industries Inc.
- Hunter Industries
- Rivulis Irrigation Ltd.
Micro Irrigation System Market Segmentation:
Segmentation by Type:
- Sprinkler Irrigation
- Drip Irrigation
Segmentation by Sprinkler System Components:
- Pipes
- Fittings & Nozzles
- Pressure Regulators
- Others
Segmentation by Drip System Components:
- Tubing
- Filters & Valves
- Pressure Regulators
- Others
Segmentation by Crops:
- Orchard and Vineyard crops
- Plantation crops
- Field crops
- Forage & Grass
- Others
Segmentation by End-User:
- Family Farms
- Corporate Farming
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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