Micro Irrigation System Market

Micro Irrigation System Market, By Type (Sprinkler Irrigation, Drip Irrigation, Center-Pivot Irrigation, Lateral Move Irrigation), By Crop Type (Plantation Crops, Orchard Crops, Field Crops, Forage and Turf Grasses, Other Crops), By Application (Agriculture, Large Gardens, Lawns (Household), Public Parks, Sports Grounds, Other Applications), and By Region (North America, Europe, Asia Pacific, Latin America, MEA) – Size, Share, Outlook and Opportunity Analysis, 2023 – 2030

Micro irrigation systems provide water to the crop at frequent intervals to the surface of the soil. They are basically low- or medium-pressure systems that provide water in the form of spray, drip, and sprinkles. Micro-irrigation is an efficient solution as compared to conventional irrigation systems. They are gaining huge demand due to growing concern over water scarcity.

Market Dynamics

The market of micro irrigation systems exhibits strong growth opportunities in the Asia Pacific region, especially in India. According to the Ministry of Agriculture & Farmers Welfare, out of the total 69 million hectares of area under cultivation in India, only 5 million hectares are under sprinkler and drip irrigation. Thus, there is a large untapped Indian market offering tremendous growth potential for the micro irrigation systems market.

The increasing scope of micro irrigation systems in the non-agriculture sector such as nurseries and landscaping for residential and the commercial sector is projected to bring new market opportunities. Moreover, the growing water bill is encouraging homeowners, renters, and commercial property owners to adopt an advanced irrigation system for supporting landscaping projects. Furthermore, advantage such as the ability to support all types of land terrain is further projected to foster the market growth of micro irrigation systems over the forecast period.

The increasing awareness about the advantages of micro-sprinkler irrigation among farmers has led to a shift from flood irrigation to micro-sprinkler irrigation systems. The major reason behind this is the water wastage in flood irrigation and the leaching associated with it. Even though the cost of installation is high initially, producers are encouraged to use micro irrigation systems because there are many different micro-sprinklers available and the return on investment can be seen after two to three years.

Key features of the study:

• This report provides in-depth analysis of the global micro irrigation system market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global micro irrigation system based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Netafim, Jain Irrigation System Limited, John Deere & Company, EPC Industries, ELGO Irrigation Ltd., Hunter Industries, Inc., Lindsay Corporation, Valmont Industries, Inc., and Rain Bird
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global micro irrigation system market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the micro irrigation system market

Detailed Segmentation:

• Global Micro Irrigation Systems Market, By Type:
• Sprinkler Irrigation
• Drip Irrigation
• Center-Pivot Irrigation
• Lateral Move Irrigation
• Global Micro Irrigation Systems Market, By Crop Type:
• Plantation Crops
• Orchard Crops
• Field Crops
• Forage & Turf Grasses
• Other Crops
• Global Micro Irrigation Systems Market, By Application:
• Agriculture
• Large Gardens
• Lawns(Household)
• Public Parks
• Sports Grounds
• Other Applications
• Global Micro Irrigation Systems Market, By Region:
• North America
• U.S.
• Canada
• Latin America
• Brazil
• Mexico
• Argentina
• Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• ASEAN
• Australia
• South Korea
• Rest of Asia Pacific
• Middle East & Africa
• Middle East
• Africa
• Company Profiles
• Netafim
• Jain Irrigation System Limited
• John Deere & Company
• EPC Industries
• ELGO Irrigation Ltd.,
• Hunter Industries, Inc.
• Lindsay Corporation
• Valmont Industries, Inc.
• Rain Bird