GCC Micro Irrigation Market:
Growth opportunities in the GCC micro irrigation market look promising over the next six years. This is mainly due to the rising rate of population, reduction in labor costs, efficient utilization of fertilizers, and rapid environmental changes.
GCC Micro Irrigation Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The major driver responsible for the growth of the GCC micro irrigation system market is the remarkable boost in the agriculture sector in Middle East Countries, which include the UAE. As per the World Bank, approximately 0.73% of total GDP accounted for forestry, fishing, and agriculture in the UAE. Also, the expanding population rate, along with the rapid changes in the environment, will surge the market share. Various advantages offered by Modern micro-irrigation over the traditional systems of irrigation include better crop yields and low water consumption, which helps to attract customers, thereby promoting market growth. The reduced labor cost, better farm productivity, and efficient usage of fertilizers are further strengthening the micro irrigation system market growth.
The boost in demand for food and water due to the accelerating population rate persuades farmers to choose efficient irrigation techniques, thereby augmenting the demand for these systems. The World Economic Forum (WEF), in 2016, listed “Water Crises” as one of the major risks that will affect the world. The UAE is one of the most water-scarce regions in the world. As per the micro irrigation system market analysis, the rising shortage of water across various GCC countries will raise the market growth. These systems, such as drip and sprinklers, help reduce the water consumption of crops and increase the yield.
Type Segment Drivers
Based on the type, sprinkler systems are projected to expand at a higher CAGR during the forecast period. This is primarily attributed to the various benefits offered by this type of systems, such as hastening of uniform distribution of water, cost-effectiveness compared to a drip system, and widespread coverage of the field.
Crop Segment Drivers
Based on the crop, the plantation crops are predicted to witness a higher CAGR during the forecast period. The escalating consumption of tea and coffee products in the UAE and Saudi Arabia is a crucial factor supporting the market growth. On the other hand, the Orchard and Vineyard crops are expected to lead the market during the forecast period due to the evolving trend of micro-farming of plantation and orchard crops in residential properties.
GCC Micro Irrigation 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 Countries:
- UAE
- Saudi Arabia
- Oman
- Kuwait
- Rest of GCC
About GMI Research
GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company’s large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird’s eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com
