Microirrigation Systems Market by Type (Drip and Micro-Sprinkler), Crop Type, End User and Geography - Global Industry Analysis, Opportunities and Forecast up to 2026

The global Microirrigation Systems market size was valued at $8.52 billion in 2020 and is projected to reach $15.82 billion by 2026, growing at a CAGR of 10.9% during the forecast period.
 
• The microirrigation systems market is primarily driven by factors such as, the need to increase crop productivity while efficient usage of water resources in drought conditions. As a result, governments are focusing on making initiatives to increase the usage of micro-irrigation systems, while addressing water scarcity issues.

• Additionally, rising global food demand and increasing population around the world, especially in emerging nations, higher yield requirement from a limited area, and quick growth in greenhouse vegetable production are the factors expected to propel the market growth.
 
• However, the rising need for large capital investment along with the high cost of maintenance is the factor likely to restrain the micro-irrigation systems market growth.

In the period of modern development, various new innovations have evolved in the irrigation field. Micro irrigation is one such technique that has developed the crops irrigation methods and it is widely accepted around the world and performed in various countries. It is effectively used in water drought conditions, micro-irrigation systems are generally low or medium pressure systems that deliver water in the form of sprinkles, spray, mist, drip, and jet connected to the water supply. Micro irrigation is majorly known for its flexibility.

By Crop Type, the Orchard Crops and Vineyards Segment is Expected to have a Huge Demand

The Orchard Crops & Vineyards segment accounted for the dominant share in the micro irrigation systems market and is presumed to emerge as the fastest-growing segment during the forecast period as well, due to the necessity of proper application of water to the plants along with high-density production of these crops. It is possibly the most efficient form of irrigation, as there is minimal overflow and evaporation; water and nutrients are supplied directly to the root zone and that water is distributed uniformly to each plant.

By Geography, Asia Pacific Region to Grow at a Highest CAGR

Asia Pacific region is expected to witness significant growth in the market, this is mainly attributed to the rising demand for organic products, rising acceptance of micro irrigation systems amid rural farmers, and high adoption of advanced irrigation systems such as drip & sprinkler irrigation for fertigation. In China, the Asian Development Bank is encouraging rural farmers to use micro-irrigation. In India, the most popular technologies being used are drip and sprinkler irrigation systems. Other countries such as Vietnam, Korea, Bangladesh, and Pakistan, continue to have a large market share, apart from China and India.

List of the Key Players Profiled in the Market Include:

• Jain Irrigation Systems Limited
• Antelco Pty Ltd.
• Chinadrip Irrigation Equipment Co., Ltd.
• Elgo Irrigation
• EPC Industries
• Hunter Industries
• Irritec S.P.A.
• Lindsay Corporation
• Microjet Irrigation Systems
• Nelson Irrigation Corporation
• Netafim Limited
• Premier Irrigation Adritec
• Rain Bird Corporation
• Rivulis Irrigation Ltd.
• Signet Group
• The Toro Company
• T-L Irrigation
• Bhumi Polymers Pvt Ltd

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type:
• Drip
• Micro-Sprinkler

Market by, Crop Type:
• Orchard Crops & Vineyards
• Field Crops
• Plantation Crops
• Turf & Ornamentals
• Silage & Forage Crops

Market by, End User:
• Farmers
• Industrial Users
• Other End Users

Market by, Geography:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Table Of Content

1 Market Overview            
    1.1 Introduction        
    1.2 Research Objectives       
    1.3 Market Segmentation       
    1.4 Stakeholders        
    1.5 List of Acronyms        
              
2 Executive Summary            
              
3 Research Methodology           
    3.1 Identification of Data       
    3.2 Evaluation of Market Dynamics      
    3.3 Collaboration of Data       
    3.4 Verification and Analysis       
    3.5 Data Sources        
    3.6 Assumptions        
              
4 Market Dynamics            
    4.1 Market Drivers        
            4.1.1 Efficient usage of water resources in drought conditions
            4.1.2 Increasing global food demand and increasing population around the world
    4.2 Market Restraints        
            4.2.1 High costs associated with the systems
    4.3 Impact of COVID-19 on Microirrigation Systems Market    
               
5 Porter's Five Force Analysis           
    5.1 Bargaining Power of Suppliers       
    5.2 Bargaining Power of Buyers       
    5.3 Threat of New Entrants       
    5.4 Threat of Substitutes       
    5.5 Competitive Rivalry in the Market       
              
6 Global Microirrigation Systems Market by, Type         
    6.1 Overview        
    6.2 Drip         
    6.3 Micro-Sprinkler        
              
7 Global Microirrigation Systems Market by, Crop Type        
    7.1 Overview        
    7.2 Orchard Crops & Vineyards       
    7.3 Field Crops        
    7.4 Plantation Crops        
    7.5 Turf & Ornamentals        
    7.6 Silage & Forage Crops       
              
8 Global Microirrigation Systems Market by, End User        
    8.1 Overview        
    8.2 Farmers         
    8.3 Industrial Users        
    8.4 Other End Users        
              
9 Global Microirrigation Systems Market by, Geography        
    9.1 Overview        
    9.2 North America        
    9.3 Europe         
    9.4 Asia Pacific        
    9.5 South America        
    9.6 Middle East & Africa       
              
10 Key Developments            
              
11 Company Profiling            
    11.1 Jain Irrigation Systems Limited      
             11.1.1 Business Overview
             11.1.2 Product/Service Offering
             11.1.3 Financial Overview
             11.1.4 SWOT Analysis
             11.1.5 Key Activities
    11.2 Antelco Pty Ltd.        
    11.3 Chinadrip Irrigation Equipment Co., Ltd.      
    11.4 Elgo Irrigation        
    11.5 EPC Industries        
    11.6 Hunter Industries        
    11.7 Irritec S.P.A.        
    11.8 Lindsay Corporation        
    11.9 Microjet Irrigation Systems       
    11.10 Nelson Irrigation Corporation       
    11.11 Netafim Limited        
    11.12 Premier Irrigation Adritec       
    11.13 Rain Bird Corporation       
    11.14 Rivulis Irrigation Ltd.       
    11.15 Signet Group         
    11.16 The Toro Company        
    11.17 T-L Irrigation        
    11.18 Bhumi Polymers Pvt Ltd