Micro-Irrigation Systems Market is anticipated to reach at a CAGR of 9.4% during the forecast period


Posted May 8, 2023 by Jameslin

Micro-Irrigation Systems Market- Jain Irrigation Systems Ltd., Lindsay Corporation, Chinadrip, The Toro Company, Rivulis, Hunter Industries Inc., KSNM DRIP, Raindrip Inc., DRIPWORKS, Netafim

 
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:
• Orchard crops & Vineyards
• 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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Categories Agriculture , Business , Industry
Tags microirrigation systems market , microirrigation systems market size , microirrigation systems market share , microirrigation systems market forecast , microirrigation systems market news
Last Updated May 8, 2023