Leading Micro Irrigation System Product Markets Databank
The Micro Irrigation System market was valued at $9,762.3 Million in 2020, and is projected to reach $36,427.8 Million by 2029 growing at a CAGR of 15.82% from 2021 to 2029. Drip segment is expected to be the highest contributor to this market, with $4,234.3 Million in 2020, and is anticipated to reach $16,306.6 Million by 2029, registering a CAGR of 16.23%. Central Pivot segment is anticipated to reach $4,628.1 Million by 2029 with the highest CAGR of 16.55%. Drip and Sprinkler segments collectively expected to account for about 81.7% share of the Micro Irrigation System market in 2020, with the former constituting around 43.4% share. Central Pivot and Drip segments are expected to witness significant growth rates at a CAGR of 16.55% and 16.23% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 55.4% in the overall Micro Irrigation System market in 2020, and is anticipated to reach 57.5% by 2029.
- 1. GLOBAL MICRO IRRIGATION SYSTEM MARKET, BY PRODUCT
- 1.1. OVERVIEW
- 1.2. SPRINKLER
- 1.2.1 SPRINKLER MARKET, BY REGION
- 1.2.1.1 North America Sprinkler Market, By Country
- 1.2.1.2 Europe Sprinkler Market, By Country
- 1.2.1.3 Asia-Pacific Sprinkler Market, By Country
- 1.2.1.4 Rest of World Sprinkler Market, By Country
- 1.3. DRIP
- 1.3.1 DRIP MARKET, BY REGION
- 1.3.1.1 North America Drip Market, By Country
- 1.3.1.2 Europe Drip Market, By Country
- 1.3.1.3 Asia-Pacific Drip Market, By Country
- 1.3.1.4 Rest of World Drip Market, By Country
- 1.4. CENTRAL PIVOT
- 1.4.1 CENTRAL PIVOT MARKET, BY REGION
- 1.4.1.1 North America Central Pivot Market, By Country
- 1.4.1.2 Europe Central Pivot Market, By Country
- 1.4.1.3 Asia-Pacific Central Pivot Market, By Country
- 1.4.1.4 Rest of World Central Pivot Market, By Country
- 1.5. LATERAL MOVE
- 1.5.1 LATERAL MOVE MARKET, BY REGION
- 1.5.1.1 North America Lateral Move Market, By Country
- 1.5.1.2 Europe Lateral Move Market, By Country
- 1.5.1.3 Asia-Pacific Lateral Move Market, By Country
- 1.5.1.4 Rest of World Lateral Move Market, By Country
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