Sep 6, 2023
The global micro-irrigation systems market is expected to register rapid revenue CAGR over the forecast period. Growing need for water conse
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The global micro-irrigation systems market is expected to register rapid revenue CAGR over the forecast period. Growing need for water conse
Micro-irrigation Systems Market Offers Huge Growth Opportunities For The Future.
Increasing research and development concentrating on irrigation as a farming technique and a solution to reduce water wastage in agriculture is anticipated to underscore the need for micro-irrigation systems. In August 2019, Washington State University (WSU) announced the development of a subsurface irrigation system by Pete Jacoby, Crops and Soil Sciences Professor at WSU. The new irrigation model is said to differ from current micro-irrigation systems and help with 35% less water usage in vineyards. The global micro-irrigation systems market is also foreseen to gain growth from increasing need for water conservation.
Need to Help Farmers to Deal with Low Crop Productivity Expected to Augment Demand
Growing water scarcity in some parts of the world, need to improve crop productivity, and supportive government initiatives are among crucial factors foretold to significantly increase the growth of the global micro-irrigation systems market. High demand for necessary components of micro-irrigation systems such as drippers and sprinklers is expected to further add to the global market growth. Rising requirement of food across the globe due to continuous growth in world population could increase the focus on food production, farming, and agriculture. This is anticipated to bode well for the global market.
Vendors to Launch Products Allowing High Water and Energy Efficiency in Agriculture
Some of the key players of the global micro-irrigation systems market are Netafim Ltd., Sistema Azud SA, Jain Irrigation Systems Ltd, Elgo Irrigation Ltd., Lindsay Corporation, Rivulis Irrigation Ltd., The Toro Company, T-L Irrigation Co., Nelson Irrigation Corporation, EPC Industries Limited, Rain Bird Corporation, Valmont Industries, Inc., and Hunter Industries Incorporated.
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By Type
● Sprinkler
● Drip
By Component
● Drippers
● Polyethylene Tubing
● Irrigation Valves
● Filters
By Crop Type
● Plantation Crops
● Orchard Crops
● Field Crops
Advantage of Water Efficiency in Farming to Increase Demand for Drip Micro-irrigation Systems
Drip micro-irrigation systems are prophesied to gain massive demand in future, especially in emerging economies where the need for efficient use of water in farming is high due to factors such as climate change. Foreign investment in drip irrigation systems could be another factor pushing the growth of this segment in the global micro-irrigation systems market. Micro-irrigation systems are anticipated to find larger profit-making application in fields with orchard crops compared to those with plantation and other crops. This could be due to rising demand for fruits and nuts and their continuous export, especially from developing regions. Among components, drippers are predicted to become a more popular segment of the global market.
By Region
Developing regions such as Asia Pacific and the MEA are projected to handsomely contribute to the global micro-irrigation systems market. Need for more advanced farming techniques and reducing water wastage in agriculture are foreseen to help with the demand for various micro-irrigation systems in the regions. Focus on innovation could also strengthen the market growth of these regions. Israeli startup N-Drip claims its technology to be the first and only micro-irrigation solution powered by gravity. On the other hand, North America is forecast to gain a substantial market share due to heavy presence of industry participants and increasing collaboration activities between market players and farmers.
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