The global micro irrigation system market size was USD 9.70 Billion in 2021 and is expected to register a revenue CAGR of 9.4% during the forecast period, according to latest analysis by Emergen Research. Technological advancements in micro-irrigation systems and launch of advanced systems that aid in saving water are some key factors projected to drive market revenue growth between 2021 and 2030. Farmers are becoming more aware of advantages of micro-sprinkler irrigation and are shifting away from flood irrigation toward micro-sprinkler systems.
In addition, farmers are turning to micro-irrigation since traditional irrigation technologies have various drawbacks including water wastage, challenges irrigating mountainous terrain, and unequal water distribution, among others. Moreover, micro-irrigation can also increase yields while lowering costs associated with water, fertilizer, and labor. Furthermore, manufacturers are launching innovative products, which is expected to drive revenue growth of the market. On 31 August 2019 for example, Rivulis Irrigation India, which is a part of global micro irrigation firm Rivulis Israel, launched Manna, which is a satellite-based software solution for irrigation in the country.
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The latest report on the global Micro Irrigation Systems Market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Micro Irrigation Systems Market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Micro Irrigation Systems Market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2022-2030.
The report also discusses key players involved in the market, such as Jain Irrigation Systems Ltd., Netafim, The Toro Company, Nelson Irrigation, T-L Irrigation, Microjet, JSS Irrigation, Valmont Industries, Inc., Rivulis, Reinke Manufacturing Co., Inc., Hunter Industries, and Irritec S.p.A as well as new entrants in the market. The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Emergen Research has segmented the global micro irrigation system market based on mechanism, component, cultivation technology, crop type, application, and region:
Mechanism Outlook (Revenue, USD Billion; 2019–2030)
Sprinkler Irrigation System
Drip Irrigation System
Others
Component Outlook (Revenue, USD Billion; 2019–2030)
Sprinkler Irrigation Components
Tubing
Pressure Regulators
Nozzles
Others
Drip Irrigation Components
Drippers
Pressure Regulators
Valves and Filters
Tubing
Others
Cultivation Technology Outlook (Revenue, USD Billion; 2019–2030)
Protected Cultivation
Open Field
Crop Type Outlook (Revenue, USD Billion; 2019–2030)
Plantation Crops
Vegetables
Orchards & Vineyards
Field Crops
Others
Application Outlook (Revenue, USD Billion; 2019–2030)
Agricultural
Industrial
Others
Key Benefits of Buying the Global Micro Irrigation Systems Report:
Comprehensive analysis of the changing competitive landscape
Assists in decision making processes for the businesses along with detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the Global Micro Irrigation Systems Market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Global Micro Irrigation Systems Market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Global Micro Irrigation Systems Market
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