Micro Irrigation Systems Market cover

Micro Irrigation Systems Market by Products (Lateral Move, Central Pivot, Drips [Filters, Tubing, Backflow Preventers, Pressure Regulators, Valves, and Pressure Compensators], and Sprinklers [Fittings/Sprinkler Head, Pumping Unit, Tubing, and Coupler]), Applications (Nursery, Landscape, Agriculture, Greenhouse, and Others), Crops (Field Crops, Orchard Crops, Plantation Crops, Forage & Grass, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-3022
  • Author: Growth Market Reports
  • Rating: 4.7
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  • No. Of Pages: 195
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The global micro irrigation systems market size is anticipated to register a considerable CAGR during the forecast period, 2021-2028. The growth of the market is attributed to the growing population size and increasing demand for food globally.

Micro Irrigation Systems Market summary

Micro-irrigation is a process that ensures a continuous supply of water to the soil surface for a longer period of time using small diameter pipes and tubes. Water is delivered at the root zone of the plants with the help of drippers, drop by drop. It is one of the most successful methods for irrigation and has several features such as drip irrigation that allows water to be delivered straight to the plant's root. The primary goal of micro irrigation system is to assure wastewater management. In sandy soils, the micro irrigation approach prevents water loss owing to deep percolation, evaporation, and run-off.

The COVID-19 outbreak has brought negative impact on the market due to scarcity of resources because of the disruption in supply chain and lack of skilled labor globally. As a result, the players of the market failed to meet the growing demands of their target customers. The market is expected to recover an uptrend operation soon due to subsiding the COVID cases gradually across the globe.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising need for water conservation majorly in arid regions, is one of the key factors driving the market growth.
  • Increasing technological advancement in micro irrigation systems is expected to boost the market growth in the coming years.
  • Favorable government policies such as subsidies and low-interest loans is anticipated to boost the market expansion during the projected period.
  • Low adoption rate of the irrigation system due to high initial cost of installation presents a major challenge. This is likely to hinder the market growth during the forecast period.
  • Sustainable agricultural practices adopted by companies is projected to create significant growth opportunities for the market in the near future.

Scope of the Report

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

Attributes

Details

Report Title

Micro Irrigation Systems Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Lateral Move, Central Pivot, Drips [Filters, Tubing, Backflow Preventers, Pressure Regulators, Valves, and Pressure Compensators], and Sprinklers [Fittings/Sprinkler Head, Pumping unit, Tubing, and Coupler]), Applications (Nursery, Landscape, Agriculture, Greenhouse, and Others), and Crops (Field Crops, Orchard Crops, Plantation Crops, Forage & Grass, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

The Toro Company; Valmont Industries, Inc.; Jain Irrigation Systems Ltd.; Rivulis Irrigation; Mahindra EPC Irrigation; Nelson Irrigation Corp.; Lindsay Corp.; Netafim Ltd.; Rain Bird Corp.; and T-L Irrigation Co.

Market Segment Insights

Drips segment to grow at a rapid pace

Based on products, the global micro irrigation systems market is divided into lateral move, central pivot, drips, and sprinklers. The drips segment is sub-divided into filters, tubing, backflow preventers, pressure regulators, valves, and pressure compensators. The sprinklers segment is further sub-categorized into fittings/sprinkler head, pumping unit, tubing, and coupler. The drips segment is expected to grow at a rapid pace during the forecast period owing to the less water consumption ability and suitability of these systems for the cultivation of food crops. However, the sprinklers segment is anticipated to hold a key share of the market in the coming years due to the ability to displace water over large distances, which improves water consumption efficiency.

Large scale practice to drive the agriculture segment growth

In terms of applications, the market is segregated into nursery, landscape, agriculture, greenhouse, and others. The agriculture segment is projected to expand at a considerable CAGR during the forecast period attributed to large scale agriculture practice, which significantly increases the adoption of micro irrigation systems. On the other hand, the greenhouse segment is anticipated to account for a major market share during the forecast period due to the growing need for low-cost and water-efficient agricultural technologies.

Orchard crops segment to hold significant market share

On the basis of crops, the global micro irrigation systems market is segmented into field crops, orchard crops, plantation crops, forage & grass, and others. The orchard crops segment is anticipated to hold significant market share in the coming years owing to growing trend of micro-farming of orchard crops in residential properties. However, the plantation crops segment is expected to register a considerable CAGR during the forecast period due to the major consumption of coffee and tea products.

Micro Irrigation Systems Market crop types

North America to constitute a key market share

In terms of regions, the global micro irrigation systems 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 attributed to the presence of key global players in the region. However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to extensive subsidies policies by governments for the optimum utilization of micro irrigation systems in the region.

Micro Irrigation Systems Market region

Segments

Segments Covered in the Report

The global micro irrigation systems market has been segmented on the basis of

Products

  • Lateral Move
  • Central Pivot
  • Drips
    • Filters
    • Tubing
    • Backflow Preventers
    • Pressure Regulators
    • Valves
    • Pressure Compensators
  • Sprinklers
    • Fittings/Sprinkler Head
    • Pumping unit
    • Tubing
    • Coupler

Applications

  • Nursery
  • Landscape
  • Agriculture
  • Greenhouse
  • Others

Crops

  • Field Crops
  • Orchard Crops
  • Plantation Crops
  • Forage & Grass
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • The Toro Co.
  • Valmont Industries, Inc.
  • Jain Irrigation Systems Ltd.
  • Rivulis Irrigation
  • Mahindra EPC Irrigation
  • Nelson Irrigation Corp.
  • Lindsay Corp.
  • Netafim Ltd.
  • Rain Bird Corp.
  • T-L Irrigation Co.

Competitive Landscape

Key players competing in the global micro irrigation systems market are The Toro Company; Valmont Industries, Inc.; Jain Irrigation Systems Ltd.; Rivulis Irrigation; Mahindra EPC Irrigation; Nelson Irrigation Corp.; Lindsay Corp.; Netafim Ltd.; Rain Bird Corp.; and T-L Irrigation Co. As part of their efforts to expand their client base and acquire a competitive advantage over competitors, manufacturers operating in the market have adopted various strategic initiatives such as partnerships, collaborations, mergers & acquisitions, and new product development.

Micro Irrigation Systems Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Micro Irrigation Systems Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Micro Irrigation Systems Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Micro Irrigation Systems Market - Supply Chain
  4.5. Global Micro Irrigation Systems Market Forecast
     4.5.1. Micro Irrigation Systems Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Micro Irrigation Systems Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Micro Irrigation Systems Market Absolute $ Opportunity
5. Global Micro Irrigation Systems Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Micro Irrigation Systems Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Micro Irrigation Systems Demand Share Forecast, 2019-2026
6. North America Micro Irrigation Systems Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Micro Irrigation Systems Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Micro Irrigation Systems Demand Share Forecast, 2019-2026
7. Latin America Micro Irrigation Systems Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Micro Irrigation Systems Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Micro Irrigation Systems Demand Share Forecast, 2019-2026
8. Europe Micro Irrigation Systems Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Micro Irrigation Systems Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Micro Irrigation Systems Demand Share Forecast, 2019-2026
9. Asia Pacific Micro Irrigation Systems Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Micro Irrigation Systems Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Micro Irrigation Systems Demand Share Forecast, 2019-2026
10. Middle East & Africa Micro Irrigation Systems Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Micro Irrigation Systems Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Micro Irrigation Systems Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Micro Irrigation Systems Market: Market Share Analysis
  11.2. Micro Irrigation Systems Distributors and Customers
  11.3. Micro Irrigation Systems Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. The Toro Co.
     11.4.2. Valmont Industries, Inc.
     11.4.3. Jain Irrigation Systems Ltd.
     11.4.4. Rivulis Irrigation
     11.4.5. Mahindra EPC Irrigation
     11.4.6. Nelson Irrigation Corp.
     11.4.7. Lindsay Corp.

Segments Covered in the Report

The global micro irrigation systems market has been segmented on the basis of

Products

  • Lateral Move
  • Central Pivot
  • Drips
    • Filters
    • Tubing
    • Backflow Preventers
    • Pressure Regulators
    • Valves
    • Pressure Compensators
  • Sprinklers
    • Fittings/Sprinkler Head
    • Pumping unit
    • Tubing
    • Coupler

Applications

  • Nursery
  • Landscape
  • Agriculture
  • Greenhouse
  • Others

Crops

  • Field Crops
  • Orchard Crops
  • Plantation Crops
  • Forage & Grass
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • The Toro Co.
  • Valmont Industries, Inc.
  • Jain Irrigation Systems Ltd.
  • Rivulis Irrigation
  • Mahindra EPC Irrigation
  • Nelson Irrigation Corp.
  • Lindsay Corp.
  • Netafim Ltd.
  • Rain Bird Corp.
  • T-L Irrigation Co.

Key players competing in the global micro irrigation systems market are The Toro Company; Valmont Industries, Inc.; Jain Irrigation Systems Ltd.; Rivulis Irrigation; Mahindra EPC Irrigation; Nelson Irrigation Corp.; Lindsay Corp.; Netafim Ltd.; Rain Bird Corp.; and T-L Irrigation Co. As part of their efforts to expand their client base and acquire a competitive advantage over competitors, manufacturers operating in the market have adopted various strategic initiatives such as partnerships, collaborations, mergers & acquisitions, and new product development.

Micro Irrigation Systems Market keyplayers

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