Micro Irrigation System Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Micro Irrigation System Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Micro Irrigation System Market

The micro irrigation system market size was valued at USD 7.59 billion in 2019, and the market is now projected to grow from USD 16.83 billion by 2032, exhibiting a CAGR of 6.32% during the forecast period of 2020-2027.

COVID-19 derailed the agriculture industry in general and more specifically, the availability of labour during this period. Restricting exports and economic slowdown probably affect the micro irrigation system market growth, especially in emerging nations such as India and China. However, deploying automated systems in North America and Europe may help maintain market stability. Although developed markets would be showing some strength, high-cost system installations in emerging markets can suffer a decline because of the fiscal effects of the pandemic.

Prospective reductions in water sources combined with a continuously increasing world population drive water conservation demands by employing effective methods such as drip and sprinkler systems for irrigation. Farmers around the globe are applying these techniques to produce more food with less water and irrigation. This trend favours the micro irrigation system market share, especially with increasing climate change issues across different farms.

Additionally, the need for high-quality crop production with limited water is boosting the adoption of efficient micro irrigation techniques. Government programs promoting these systems and educating farmers are positively impacting market growth. Micro irrigation’s high water efficiency and reduced nutrient loss support its appeal. Also, the automation of these systems is beneficial in regions with high labour costs, enhancing market expansion.

Comprehensive Analysis of Micro Irrigation System Market

The micro irrigation system market and agriculture industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the agriculture industry. These segmentations are methodically segregated by type, by crop type and by application. The type includes, Drip Irrigation and Sprinkler Irrigation. The crop type includes, Field Crops, Orchard Crops, Landscape & Turf and Others. The application includes, Agriculture and Industrial.

The Asia Pacific region is expected to show the highest growth level in the micro irrigation industry because smart farming is gaining traction in China, India and other countries that play significant roles in global crop production. Population and food scarcity are forcing governments to encourage efficient irrigation through incentives. Additional funds from industry players such as Netafim and the growing competition in the regional market also expanded the market further.

The top players in the market play a crucial role in the agriculture industry assuring industrial prospectus growth and setting market standards. These players include, Lindsay Corporation (U.S.), Jain Irrigation Systems Ltd. (India), Valmont Industries (U.S.), Rain Bird Corporation (U.S.), Reinke Manufacturing Co. Inc. (U.S.), Netafim Limited (Israel), The Toro Company (U.S.), Hunter Industries (U.S.), Nelson Irrigation Corporation (U.S.) and Rivulis Irrigation Ltd. (Israel). These market players provide a level-playing competitive landscape.

In March 2019, Rain Bird Corporation, one of the leading companies in the irrigation market, released its new In-Ground sprinkler LG3HE. The new sprinkler system is installment friendly and does not require digging for the tubing that is to be buried underground.

Segmentation Table

Global Micro Irrigation System Market Scope

Study Period2016-2027

Base Year2019

Forecast Period2020-2027

Growth RateCAGR of 6.32% from 2020 to 2027

Historical Period2016-2018

UnitValue (USD Billion)

SegmentationBy Type, Crop Type, Application, and Region

By TypeDrip Irrigation

Sprinkler Irrigation

By Crop TypeField Crops

Orchard Crops

Landscape & Turf

Others (Forest Crops, Vegetables, Nursery, etc.)

By ApplicationAgriculture

Industrial

By RegionNorth America (U.S., Canada and Mexico)

Europe (Spain, Italy, Greece, France, Russia and the Rest of Europe)

Asia Pacific (China, India, Japan, Australia and the Rest of Asia Pacific)

South America (Brazil, Argentina and the Rest of South America)

The Middle East & Africa (South Africa, Saudi Arabia and the Rest of the MEA)


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