Micro Irrigation Systems Market Revenue, Trends, Market Share Analysis, and Forecast to 2032

The global micro irrigation system market size was USD 9.70 Billion in 2021 and is expected to register a revenue CAGR of 9.4% during the forecast period, according to latest analysis by Emergen Research. Technological advancements in micro-irrigation systems and launch of advanced systems that aid in saving water are some key factors projected to drive market revenue growth between 2021 and 2030. Farmers are becoming more aware of advantages of micro-sprinkler irrigation and are shifting away from flood irrigation toward micro-sprinkler systems. In addition, farmers are turning to micro-irrigation since traditional irrigation technologies have various drawbacks including water wastage, challenges irrigating mountainous terrain, and unequal water distribution, among others. Moreover, micro-irrigation can also increase yields while lowering costs associated with water, fertilizer, and labor. Furthermore, manufacturers are launching innovative products, which is expected to drive revenue growth of the market. On 31 August 2019 for example, Rivulis Irrigation India, which is a part of global micro irrigation firm Rivulis Israel, launched Manna, which is a satellite-based software solution for irrigation in the country.

The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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Key companies operating in the Micro Irrigation Systems market include:

Jain Irrigation Systems Ltd., Netafim, The Toro Company, Nelson Irrigation, T-L Irrigation, Microjet, JSS Irrigation, Valmont Industries, Inc., Rivulis, Reinke Manufacturing Co., Inc., Hunter Industries, and Irritec S.p.A

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Micro Irrigation Systems market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Micro Irrigation Systems Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Micro Irrigation Systems Market Segmentation:

• Mechanism Outlook (Revenue, USD Billion; 2019–2030)
  • Sprinkler Irrigation System
  • Drip Irrigation System
  • Others
• Component Outlook (Revenue, USD Billion; 2019–2030)
  • Sprinkler Irrigation Components
    1. Tubing
    2. Pressure Regulators
    3. Nozzles
    4. Others
  • Drip Irrigation Components
    1. Drippers
    2. Pressure Regulators
    3. Valves and Filters
    4. Tubing
    5. Others
• Cultivation Technology Outlook (Revenue, USD Billion; 2019–2030)
  • Protected Cultivation
  • Open Field

Micro Irrigation Systems Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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More Related Reports By Emergen Research

•  Micro Irrigation System Market Size
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•  Micro Irrigation System Market Trends
•  Micro Irrigation System Regional Market Demand
•  Micro Irrigation System Market Analysis
•  Micro Irrigation System Market Top Companies
•  Micro Irrigation System Market News
•  Micro Irrigation System Market Executive Summary

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