Micro Irrigation Systems Market Trends, Key Players, Growth, Share and Forecast Till 2030
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.
The report, additionally, examines the prevailing trends in the market, along with the macro- and micro-economic indicators. The report delivers a deep understanding of the key aspects of Micro Irrigation Systems market, for instance, import and export dynamics, production and consumption rates, and consumer bases across the major market regions. It features insightful qualitative and quantitative assessments of Micro Irrigation Systems industry, gathering industry-verified data from the value chain analysis.
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Key companies operating in the Micro Irrigation Systems market include:
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
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Micro Irrigation Systems market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Micro Irrigation Systems Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
- Comprehensive analysis of the competitive scenario and its changing dynamics
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Micro Irrigation Systems Market Segmentation:
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
- Sprinkler Irrigation Components
Cultivation Technology Outlook (Revenue, USD Billion; 2019–2030)
- Protected Cultivation
- Open Field
Micro Irrigation Systems Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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