Micro-Irrigation Systems Market is anticipated to reach at a CAGR of 9.4% during the forecast period
The global micro-irrigation system market is
anticipated to reach USD 21.7billion by 2030 from USD 9.7billion in 2021, at a
CAGR of 9.4% during the forecast period.
The slow application of continuous drips, minuscule
streams, or small sprays of water above or below the soil surface is known as
micro-irrigation. When compared to the traditional surface irrigation approach,
the micro-irrigation system is more efficient at conserving water and using it
more effectively. Water use, weed growth, soil erosion, and cultivation costs
are all decreased as a result. In regions with shallow soils, undulating
terrain, rolling topography, hills, and barren land, micro-irrigation can be
helpful. There are three categories of soil types based on depth: shallow soil
(depth less than 22.5 cm), medium soil (depth between 22.5 and 45 cm), and deep
soil (more than 45 cm).
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The main drivers of the growth of the micro irrigation systems market
include an increasing emphasis on the use of high-quality seeds, particularly
in developing economies, an increased focus on market trends, an increase in
the use of modern agricultural practises to boost productivity, high growth in
emerging nations combined with cutting-edge technologies, and rising industry
competitiveness.
Increasing global worries about water shortages,
increased population, particularly in developing nations, and increasing
awareness of the effective use and conservation of water will emerge as the key
drivers encouraging the market's growth.
Growth Drivers:
By 2050, the United Nations (UN) predicts that there will
be 9.7 billion people on the planet. To feed this expanding population, the
agricultural system as it is today will need to adopt modern irrigation
methods. Since there is now very little use of micro-irrigation systems, there
is a lot of room for expansion in the years to come. The global market for
micro-irrigation systems is anticipated to grow exponentially over the forecast
period as a result of the rising usage of various irrigation systems and their
accessories, such as micro-irrigation spray sets, micro-sprinklers for gardens,
micro misting sprinklers, garden micro drip systems, drip irrigation adjustable
sprayers, and micro watering systems.
The market for drip irrigation systems will expand due to
the growing demand for environmentally friendly farming methods. One method for
protecting the environment is the adoption of agriculture through sustainable
water conservation. Concerns about flood irrigation's use of water and the
leaching caused by conventional irrigation systems are the main drivers of this
development.
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Global Micro-Irrigation System Segmentation:
By Type:
· Drip
Irrigation System
· Sprinkler
Irrigation System
· Other
Micro-irrigation Systems
By Crop Type:
· Field
crops
· Vegetables
· Plantation
crops
· Other
crop types
By End-User:
· Farmers
· Industrial
users
· Government
· Others
By Region:
· North
America
· Europe
· Asia
Pacific
· Latin
America
· Middle
East and Africa
Key Companies in Global Micro-Irrigation
System Market:
The research report offers a competitive analysis of
prominent companies operating in the global micro-irrigation system market.
Some of the leading players profiled in the market research report include:
· Jain
Irrigation Systems Ltd.
· Lindsay
Corporation
· Chinadrip
· The
Toro Company
· Rivulis
· Hunter
Industries Inc.
· KSNM
DRIP
· Raindrip
Inc.
· DRIPWORKS
· Netafim
· Irritec
S.p.A
· Eurodrip
S.A
· Driptech
Incorporated
· Goldenkey
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