Micro and Mechanized Irrigation Systems Market Trends [2030]

Report Description

The global micro and mechanized irrigation systems market size was valued at USD 15.64 billion in 2020 and is expected to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rise in global food demand.

Micro-irrigation is a type of irrigation that uses less water pressure and flow than a standard sprinkler system. It is also called as trickle irrigation or low-volume localized system of irrigation. Row crops, orchards, and vineyards are some of the key plants or crops that are likely to extract benefits from low-volume irrigation. Similar to micro-irrigation, mechanized irrigation is a method of watering crops and fields that rely heavily on mechanical aids such as pumps, sprinklers, spray nozzles, pressure regulators, and other mechanical devices.

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Micro and mechanized irrigation systems including as drips and sprinklers promote sustainable agriculture approaches. Small-scale farmers are focusing on using these technologies to reduce crop water consumption and increase productivity. Furthermore, technological improvements have made it possible to monitor micro and automated irrigation systems using linked devices such as tablets and mobile phones. The system is widely applied in maintenance of public parks, sports turfs, and gardens.

The COVID-19 outbreak started in Wuhan, China in December 2019 and had rapidly spread around the world. Pandemic has impacted economies and businesses in a number of countries and caused lockdowns, travel bans, and company closures. The worldwide food and beverage industry is one of the key businesses experiencing significant disruptions due to the supply chain problems in particular. It also largely affected the micro and mechanized irrigation systems market due to shutting down factories, stumbling block in the supply chain, and a global economic downturn.

Market Trends, Drivers, Restraints, and Opportunities

• Growing need for water conservation particularly in dry locations and growing demand for food security worldwide are driving the market growth.
• Rising use of automated devices for increasing crops production by local farmers is expected to drive the market expansion in the coming years.
• Diverse market participants have encouraged for the development of effective and low-cost micro-irrigation products, thus, propelling the market growth.
• Requirement of high initial investment and high maintenance cost are major challenges that can hinder the market expansion in the given timeline.
• Favorable government policies towards encouraging farmers’ convenience such as low-interest loans and farming subsidies in developing countries are creating several lucrative opportunities for the market growth.

Scope of Micro and Mechanized Irrigation Systems Market Report

The report on the global micro and mechanized irrigation systems market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Micro and Mechanized Irrigation Systems Market Segment Insights

Agriculture segment to expand at a considerable CAGR

On the basis of applications, the micro and mechanized irrigation systems market is classified as landscape, greenhouse, agriculture, nursery, and others. The agriculture segment is projected to expand at a considerable CAGR during the forecast period as agriculture is widely practiced in emerging economies. On the other hand, the greenhouse segment is anticipated to account for a major market share during the forecast period due to improved irrigation techniques such as spraying devices and pumping machines.

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Orchard crops segment to hold significant share of the market

In terms of crops, the market is divided into plantation crops, forage & grass, orchard crops, field crops, and others. The orchard crops segment is expected to hold significant share of the market owing to the rising fruit and nut cultivation and export, mostly in Asia Pacific. However, the plantation crops segment is projected to account for a large market share as tea and coffee products are widely consumed around the world.

Drip segment to grow at a substantial rate

Based on products, the micro and mechanized irrigation systems market is segregated into central pivot, lateral move, drip, and sprinkler.  The drip segment is further classified as filters, pressure regulators, pressure compensators, tubing, backflow preventers, and valves. The sprinkler segment is further divided into fittings/sprinkler head, coupler, tubing, and pumping unit. The drip segment is expected to grow at a substantial rate during the projected period owing to applicability of these systems for food crop farming. Moreover, the sprinkler segment is expected to be one of the fast-growing segments during the forecast period as growing trend of sustainable irrigation.

North America is anticipated to constitute a key market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period. The concentration of important market participants such as Nelson Irrigation Corporation, Lindsay Corporation, and Rain Bird Corporation that develop trustworthy products, which push for the expansion of the market in the region.

However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period as it is predominantly an agricultural region, with crop farming providing the major source of income for a large number of the population in the region.

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