Micro Irrigation Systems Market Size, Key Factors, Major Players, Growth Strategies, Trends, Forecast
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.
The report offers insightful information about the market dynamics of the Micro Irrigation Systems market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Micro Irrigation Systems market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Micro Irrigation Systems market. It puts examines drivers and restraints of the Micro Irrigation Systems market and analyzes their impact on the industry throughout the forecast period.
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Key Players operating in the industry are:
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
Radical Features of the Micro Irrigation Systems Market Report:
- The report encompasses Micro Irrigation Systems market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Micro Irrigation Systems industry
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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
Regional Analysis Covers:
- 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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