Micro Irrigation System Market, By Type (Drip and Micro Sprinkler), By Application (Orchard Crops & Vineyards, Field Crops, and Plantation Crops), By End-User (Farmers and Industrial Users), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2034

Report Code: PMI451720 | Publish Date: March 2024 | No. of Pages: 170

Global Micro Irrigation System Market Overview

Micro Irrigation System Market was valued at US$ 12.6 Billion in 2024 and is projected to grow at a CAGR of 5.40% to reach US$ 20.5 Billion by 2034.

Micro irrigation is the slow application of continuous drips, tiny streams or miniature sprays of water above or below the soil surface. Micro irrigation system is effective in saving water and increasing water use efficiency as compared to the conventional surface irrigation method. Besides, it helps reduce water consumption, growth of unwanted plants (weeds), soil erosion and cost of cultivation. Micro irrigation can be adopted in all kinds of land, especially where it is not possible to effectively use flooding method for irrigation. In flooding method of irrigation, a field is flooded with water. This results in significant run-off, anaerobic conditions in the soil and around the root zone, and deep irrigation below the root zone, which does not supply sufficient water to the plants. It is, therefore, one of the most inefficient surface irrigation methods. Micro irrigation can be useful in undulating terrain, rolling topography, hilly areas, barren land and areas having shallow soils. According to depth, soil types can be classified as shallow (depth less than 22.5 cm), medium deep (22.5–45 cm) and deep soil (more than 45 cm). The global micro irrigation system market is anticipated to register a CAGR of 5.40%.

COVID-19 Impact on the Market:

With the outbreak of the COVID-19, various businesses are at the forefront to combat this pandemic. The pandemic has hindered the industrial supply chain and also disrupted the production segment. Government across the countries has imposed strict lockdown to limit the spread of disease. However, increasing investments by prominent players and other industries has created growth opportunities, during this chaotic situation, to fulfill the demand of suppliers. This report will quantify the impact of this pandemic on the micro irrigation system market.

Global Micro Irrigation System Market Drivers & Restraints

Water Scarcity

Rising population and decreasing water reserves results in necessity for water conservation driving micro-irrigation systems market. Increasing concern pertaining to water becoming a threatened commodity, farmers and other stakeholders in agricultural sector have been seeking novel techniques for enhancing productivity from the limited amount of water. Ability of micro-irrigation systems to economize water in agriculture sector and bring more arable land under irrigation will support market expansion for the projected period.

Rise in food demand

With the increasing population there is shortage of not only water but also food. This requires more production and more land for the cultivation. However, due to increasing population the cultivation land is reducing day by day. This has increased the need for advance agriculture. Micro irrigation enhances plant growth & yield, uniform & better quality, efficient & economic use of fertilizers and less weed growth. These attributes of Micro irrigation drive the market.

Application in Non-Agriculture sector

The micro-irrigation products in non-agriculture sector such as horticulture for wholesale nurseries, landscaping for commercial, civic & residential sector is further expected to fuel market growth. Increasing water bill has prompted homeowners, renters, and commercial property owners to look for novel irrigation system to support landscaping project. Ability of micro-irrigation systems to improve water efficiency, reduce water bills, and provide automation will further boost overall micro-irrigation systems market share.

Economic Benefits

Strong economic benefits of micro-irrigation systems will influence market growth over the forecast timeframe. Low pumping needs, automation, and flexibility will promulgate overall industry growth as it has positive impact on production costs. Additionally, ability of micro -irrigation system to support all types of land terrain is further anticipated to fuel market growth. High initial investment cost can be one of the factors that may create hinderance for market growth. Also, high maintenance cost and possible damage of system components due to animals can further stagnate market expansion.

Restraints:

The Set-up Charges

Although Micro irrigation is the advance agriculture and has many benefits but the setup requires quite aa amount as well as labor. This system is based on specific discharge-patterns of water in the crop fields, lawns, and horticulture stations, landscaping areas or domestic settings. Micro-irrigation requires a number of components that include pipes, tubes, water emitting devices, flow control equipment, installation tools, fittings and accessories. This might be the restraining factor for the market.

Global Micro Irrigation System Market Segmentations & Regional Insights

The global micro irrigation system market is segmented based on the type, application, end-user, and region.

Depending upon the type, the global micro irrigation system market is divided into the drip and micro sprinkler. In terms of application, the worldwide industry is categorized into orchard crops & vineyards, field crops, and plantation crops. Followed by the end users that is divided into farmers and industrial users.

Regional insights:

Regionally, the overall industry is divided into North America, Europe, Asia Pacific, Latin America, And Middle East & Africa. North America accounted for the largest market share for microirrigation systems, Mexico being the fastest growing in the region. On the other hand, Asia-Pacific is projected to be the fastest-growing market for the period considered for this study, due to the growing demand for water and increasing water scarcity.

Report scope:

Attribute

Details

The base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Million & CAGR from 2024 – 2034

Market Segmentation

By Type - Drip and Micro sprinkler

By Application - Orchard Crops & Vineyards, Field Crops, and Plantation Crops

By End-User - Farmers and Industrial Users

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

 

 

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global micro irrigation system market, report based on type, application, end-user, and region.

Global Micro irrigation System Market, By Type:

  • Microsprinkler
  • Drip

Global Micro irrigation System Market, By Application:

  • Orchard crops and vineyards
  • Field crops
  • Plantation crops
  • Others

Global Micro irrigation System Market, By End User:

  • Farmers (Small, Medium and Large)
  • Industrial Users
  • Others

Global Micro irrigation System Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Micro Irrigation System Market Competitive Landscape & Key Players

The key players operating in the micro irrigation system market include The Toro Company, Jain Irrigation, Rain Bird Corporation, Netafim, Valmont Industries, Hunter Industries, and Lindsay Corporation, Rivulis Irrigation, NaanDanJain Irrigation, T-L Irrigation, Vishakha Irrigation. Companies are increasing their investments in technology and supplies. For instance, in February 2018, Mexichem, a global leader in plastic piping and one of the world’s largest chemical and petrochemical companies completed the acquisition of an 80% stake in Netafim Ltd. for a total enterprise transaction value of US$1.895 billion. Further, in January 2017, the Toro Company completed the acquisition of Regnerbau CALW GmbH, a privately held manufacturer of professional irrigation equipment.

Global Micro Irrigation System Market Company Profile

  • The Toro Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategies
  • Jain Irrigation
  • Rain Bird Corporation
  • Netafim
  • Valmont Industries
  • Hunter Industries
  • Lindsay Corporation
  • Rivulis Irrigation
  •  NaanDanJain Irrigation
  •  T-L Irrigation
  •  Vishakha Irrigation,

 “*” marked represents similar segmentation in other categories in the respective section

FAQs

The Micro Irrigation System Market report segments the market been segmented on the basis of the type, application, end-user, and region.

Rising population and decreasing water reserves results in necessity for water conservation driving micro-irrigation systems market.

North America accounted for the largest market share for microirrigation systems.

The leading players operating in the Micro Irrigation System Market includes The Toro Company, Jain Irrigation, Rain Bird Corporation, Netafim, Valmont Industries, Hunter Industries, and Lindsay Corporation, Rivulis Irrigation, NaanDanJain Irrigation, T-L Irrigation, Vishakha Irrigation.