Global Micro and Mechanized Irrigation Systems Market Size study & Forecast, by Product (Sprinkler, Drip, Central Pivot, Lateral Move), by Crop (Plantation Crops, Orchard Crops, Field Crops, Forage & Grass, Others), by Application (Agriculture, Landscape, Greenhouse, Nursery and Others), and Regional Analysis, 2022-2029
Global Micro and Mechanized Irrigation Systems Market is valued at approximately USD 18.32 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 16.5% over the forecast period 2022-2029. Micro and automated agriculture techniques reduce water waste, which has led to a tremendous increase in demand from emerging economies. Small-scale farmers are putting a lot of emphasis on putting these systems in place to boost crop yields while using little water. The Micro and Mechanized Irrigation Systems market is expanding because of factors such as cost-effectiveness of micro and mechanized irrigation systems and favorable governmental regulations.
The market demand is being driven by growing worries about water supply for agricultural operations. according to the United Nations Water (UNWATER), around 72% of freshwater withdrawals are utilized for agricultural reasons, while the remaining 28% are used for domestic and industrial uses. To make the most use of nearby water resources, farmers are implementing contemporary irrigation techniques including sprinkle and drip irrigation. The aforementioned element is helping the industry expand. In addition, rising need for water conservation, and rising adoption of new irrigation techniques are catering to the growth of market. However, the high cost of Micro and Mechanized Irrigation Systems and requirement for periodic maintenance stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Micro and Mechanized Irrigation Systems Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the presence of key market players and rising research and development activities. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising agriculture production activities and geographic expansion of key players, and active participation of government in the market space.
Major market players included in this report are:
Jain Irrigation Systems Ltd.
Lindsay Corporation
Mahindra EPC Irrigation
Nelson Irrigation Corporation
Netafim Ltd.
Rain Bird Corporation
Rivulis Irrigation
T-L Irrigation Co.
The Toro Company
Valmont Industries, Inc
Recent Developments in the Market:
In February 2021, in addition to assisting in improved crop irrigation, Netafim introduced the AlphaDisc filter, which has the ability to stop irrigation systems from becoming clogged by numerous impurities.
In Aug 2021, The Rain Bird Corporation unveiled the Rain Bird Resources app. This software should make it easier for irrigation specialists to find the information they need whenever they need it.
Global Micro and Mechanized Irrigation Systems Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Crop, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Sprinkler
Drip
Central Pivot
Lateral Move
By Crop:
Plantation Crops
Orchard Crops
Field Crops
Forage & Grass
Others
By Application:
Agriculture
Landscape
Greenhouse
Nursery
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies Mentioned
Jain Irrigation Systems Ltd.
Lindsay Corporation
Mahindra EPC Irrigation
Nelson Irrigation Corporation
Netafim Ltd.
Rain Bird Corporation
Rivulis Irrigation
T-L Irrigation Co.
The Toro Company
Valmont Industries, Inc
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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