Global Micro Irrigation Systems Market

Global Micro Irrigation Systems Market- Industry Analysis, Size, Share, Growth, Trends, and Forecast
Global Micro Irrigation Systems Market was worth $3.84 billion in 2016 and estimated to be growing at
a CAGR of 17.80%, to reach $8.71 billion by 2021. With a shortage of land and water, growing
importance is being put on the support of advanced technologies that can help enhance crop output.
Micro irrigation systems deliver water to the plant roots through an intricate pipe linkage system and
low discharge emitters. The water discharge outline in these systems can be altered as per individual
plant water necessities as several horticulture, and agronomic plants have unique requirements. The
system consists of components such as pipes, flow control gear, tubes, and low discharge wateremitting machines.
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The growth of the Global Micro Irrigation Systems market is majorly driven by factors such as water
scarcity; rising population coupled with growing food demand, and advanced production practices.
However, factors such as high initial investment and high upkeep costs of the micro-irrigation systems
are impeding the growth of the market.
The Global Micro Irrigation Systems market is segmented based on Type, End User, and Application. The
market for Micro Irrigation Systems, on the basis of Type, is classified into Drip Irrigation System,
Sprinkler Irrigation System, Central Pivot Irrigation System, and Lateral move Irrigation System. Drip
Irrigation System is further segmented into Backflow Preventers, Filters, Drip Tube, Valves, Pressure
Regulators, and Emitters, whereas Sprinkler Irrigation System is further classified into Tubing, Sprinkler
Heads, Pumping Unit, Fittings and Accessories, and Couplers. Central Pivot Irrigation System is further
segmented into Pipelines, System control towers, Water Emitters, and Central Towers. Sprinkler
Irrigation Systems lead the global market for Micro Irrigation Systems, whereas are Drip Irrigation
Systems are growing at the highest CAGR during the forecast period. With the advance of micro
sprinklers, irrigation on low value field crops has enhanced, especially in countries such as India and
China. On the basis of End User, the global Micro Irrigation Systems market is segmented into Farmers,
Industrial Users, and Others. On the basis of Application, the global Micro Irrigation Systems market is
segmented into Plantation Crops, Orchard Crops & Vineyards, Field Crops, Forage & Turf Grasses, and
Others. Orchard Crops & Vineyards lead the global market on the basis of application, followed by
Plantation Crops.
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On the basis of geography, the global market is analysed under various regions namely North America,
Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America leads the global Micro
Irrigation Systems market followed by Asia Pacific and Europe. Developing countries in the Asia Pacific
and Latin America regions are expected to experience severe water shortage in the near future due to
mounting water demand for household, trade and industrial uses. These regions are expected to
observe sharp demand for such technologies and are anticipated to be the key demand centres.
The industry is highly disjointed with several small, medium and large scale players. Companies are
funding R&D projects and building collaborations to achieve a stronger position in the market by
boosting their product portfolio. The major companies dominating the global Micro Irrigation Systems
market are Jain Irrigation Systems Ltd., Lindsay Corporation, Nelson Irrigation Corporation, The Toro
Company, EPC Industries Limited, Valmont Industries Inc., and T-L Irrigation.
Scope of the Report:
•
The report offers a comprehensive analysis of the industry by providing the estimations of
market potential and forecasts with utmost granularity. Along this, the factors influential in
effecting the market dynamics and trends are discussed in detail at the product level. Further,
the performance of the market at the regional and country-level is assessed and the prospects
with high growth potential are identified and debated.
•
The key players in the industry are profiled providing insights on their financial performance,
market position and growth strategies. Comparative analysis on prime strategical activities of
the market players delineating the key developments like mergers & acquisitions, collaborations
and an evaluation of the competitive environment within the industry are provided. The report
also offers a broad outlook of the market along with recommendations from industry experts on
the opportunities for investment activity.
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What else? Apart from the syndicated report, our in-house team has an expertise and
experience in designing custom reports to meet your specific research needs and assist you in
making well-informed decisions.
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Micro Irrigation Systems Market By Type (Drip Irrigation System(Backflow Preventers, Filters, Drip Tube, Valves, Pressure Regulators, Emitters, And Others), Sprinkler Irrigation System(Tubing, Sprinkler Heads, Pumping Unit, Couplers, Fittings And Accessories, And Others)