Micro Irrigation Systems Market Insights:
Micro Irrigation Systems Market size was valued at USD 9.9 Billion in 2021, registering a CAGR of 10.3% during the forecast period (2022-2030), and the market is projected to be worth USD 23.92 Billion by 2030.
The need to increase crop productivity while addressing water scarcity is driving the micro-irrigation systems market. As a result, governments are working on developing projects that will enhance the use of micro-irrigation systems while managing water scarcity. With water becoming increasingly scarce, farmers have been looking for novel ways to grow more crops with the same amount of water.
Micro Irrigation Systems Market Research Report” was just released by Market Research Community. It is divided into several categories, including Mechanism (Drip Irrigation System, Sprinkler Irrigation System, Other Micro-irrigation Systems), application (Field Crops, Orchards and Vineyards, Vegetables, Plantation Crops, Other Applications), Component (Drip Irrigation Components (Drippers, Tubing, Valves and Filters, Pressure Regulators, Other Drip Irrigation Components) Sprinkler Irrigation Components(Tubing, Nozzles, Pressure Regulators, Other Sprinkler Irrigation Components)) Technology (Open Field, Protected Cultivation) and companies (T-L Irrigation, Elgo irrigation, Sistema Azud SA, Nelson Irrigation Corporation, Chinadrip Irrigation Equipment Co. Ltd., Irritrol, Eurodrip SA. ,Netafim Ltd., Jain Irrigation Systems Ltd., The Toro Company, Rain Bird Corporation, Hunter Industries, Valmont Industries, Rivulis Irrigation Ltd., Lindsay Corporation, Reinke Manufacturing Company Inc., Kisan Irrigation Ltd., Finolex Plasson Industries Pvt. Ltd., Ripple Aquaplast, EPC Industries Ltd), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 10.3%, over the forecast period of 2022–2030
Driver:
The increased adoption of Micro Irrigation Systems in the Next Generation industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Micro Irrigation Systems also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Micro Irrigation Systems in many sectors also boosts the market growth during the forecast period.
Micro Irrigation Systems Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2018-2030 |
| Market Size in 2030 (USD Billion) | 23.92 Billion |
| CAGR (2022-2030) | 10.3% |
| By Mechanism | Drip Irrigation System, Sprinkler Irrigation System, Other Micro-irrigation Systems |
| By Application | Field Crops, Orchards and Vineyards, Vegetables, Plantation Crops, Other Applications |
| By Component | Drip Irrigation Components, Sprinkler Irrigation Components |
| By Technology | Open Field, Protected Cultivation |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | T-L Irrigation, Elgo irrigation, Sistema Azud SA, Nelson Irrigation Corporation, Chinadrip Irrigation Equipment Co. Ltd., Irritrol, Eurodrip SA. ,Netafim Ltd., Jain Irrigation Systems Ltd., The Toro Company, Rain Bird Corporation, Hunter Industries, Valmont Industries, Rivulis Irrigation Ltd., Lindsay Corporation, Reinke Manufacturing Company Inc., Kisan Irrigation Ltd., Finolex Plasson Industries Pvt. Ltd., Ripple Aquaplast, EPC Industries Ltd |
Micro Irrigation Systems Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Micro Irrigation Systems market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
T-L Irrigation, Elgo irrigation, Sistema Azud SA, Nelson Irrigation Corporation, Chinadrip Irrigation Equipment Co. Ltd., Irritrol, Eurodrip SA. ,Netafim Ltd., Jain Irrigation Systems Ltd., The Toro Company, Rain Bird Corporation, Hunter Industries, Valmont Industries, Rivulis Irrigation Ltd., Lindsay Corporation, Reinke Manufacturing Company Inc., Kisan Irrigation Ltd., Finolex Plasson Industries Pvt. Ltd., Ripple Aquaplast, EPC Industries Ltd
Market Segment Analysis:
By Component:
Drip Irrigation Components
- Drippers
- Tubing
- Valves and Filters
- Pressure Regulators
- Other Drip Irrigation Components
Sprinkler Irrigation Components
- Tubing
- Nozzles
- Pressure Regulators
- Other Sprinkler Irrigation Components
By Mechanism
- Drip Irrigation System
- Sprinkler Irrigation System
- Other Micro-irrigation Systems
By Cultivation Technology
- Open Field
- Protected Cultivation
By Application
- Field Crops
- Orchards and Vineyards
- Vegetables
- Plantation Crops
- Other Applications
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Micro Irrigation Systems industries in the region.
Key Micro Irrigation Systems Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Micro Irrigation Systems Market segments.
– Largest Market Share Held by Industry to Industry for Micro Irrigation Systems
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Micro Irrigation Systems Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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