Global Micro Irrigation System Market Trends
Lack of Water
The market for micro-irrigation systems is driven by the need for water conservation brought on by an increasing population and depleting water supplies. Growing worries about water being a scarce resource have led farmers and other agricultural industry participants to look for new ways to maximize their water quantity. Throughout the anticipated period, the ability of micro-irrigation systems to increase the amount of arable land under irrigation and conserve water in the agriculture sector will boost market expansion.
Increased demand for food
Due to population growth, there is a lack of both food and water. More output and land for cultivation are needed for this. However, the amount of land used for agriculture is shrinking daily as a result of population growth. As a result, the demand for advanced agriculture has increased. Micro irrigation promotes even and higher-quality plant growth and output, more economical and efficient fertilizer use, and reduced weed growth. These characteristics of micro irrigation drive the market.
Use in Non-Agricultural Sector
Further anticipated to drive market expansion are micro-irrigation products used in non-agricultural industries, including horticulture for wholesale nurseries and landscaping for commercial, civic, and residential buildings. Homeowners, tenants, and owners of commercial properties are searching for innovative irrigation systems to support landscaping projects due to rising water bills. The ability of micro-irrigation systems to lower water costs, increase water efficiency, and offer automation will increase the market share of these systems overall.