Micro Irrigation Systems Market Size and Growth Rate:

“The Global Micro Irrigation Systems Market is expected to reach US$ 10.2 Bn by 2025 owing to surge in the demand for increasing crop productivity while addressing the issues of water scarcity”

Micro Irrigation Systems Market Growth Drivers and Restraints:

The global micro irrigation systems market is expected to reach US$ 10.2 Bn by 2025. Irrigation is intended for the application of water to the soil or land in order to support the crops to ensure healthy growth and dry soils to have re-vegetation. An operational irrigation system will lessen water loss and moistens the soil optimally. Upsurge in concern on water shortage is the chief aspect fueling the growth of global micro irrigation systems market as these are shown to be groundbreaking and effective solution to the traditional irrigation practices. Moreover, increase in demand for agriculture and food products and rise in water supply and storage problem, upturn in investments by the companies, government funding, and introduction of economically effective products will further enhance the growth of the global micro irrigation systems market in the forecast period. Micro-irrigation diminishes water wastage as it works on the code of spraying and dripping. Substantial government and regulatory policies play a vital role to help farmers in installing the micro irrigation system and also giving grants to the small-scale farmers. Many of the regional governments are providing free electricity to the farmers. Conversely, high cost of the early investment, fine level of commercialization and a high cost of maintenance are expected to obstruct the growth of the global micro irrigation systems market.

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Sprinkler Irrigation System Dominate the Global Micro Irrigation Systems Market

Based on the type, global micro irrigation systems market is segmented into drip and sprinkler irrigation system. Sprinkler irrigation system dominated the global micro irrigation systems market. They deliver restricted quantities of water to farms, with nominal wastage, as equated to traditional or conventional gravity flow irrigation. They are receiving high demand due to little consumption of waters.

Europe Leads the Global Micro Irrigation Systems Market

PBI’s global micro irrigation systems market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, Europe dominated the global micro irrigation systems market through 2014-2018 and expected to dominate over 2019-2025 due to the advance developments in infrastructures like an establishment of stadiums, public parks and sports grounds in several European countries like Spain, France, U.K. and Germany which in turn has amplified the need for well-organized water distribution systems to keep their grounds maintained properly for their various sports leagues. Asia Pacific region is the speedily emerging market due to the several initiatives taken by their government in the agricultural sector, and increasing acceptance of these technological advanced irrigation systems by farmers especially in the countries like India, Japan, China and South Korea. Furthermore, The Indian Agricultural Research Institute (IARI) established a design of micro-irrigation system, which is a web-based application system that aids in designing modified micro-irrigation systems for effective water utilization, under several agro-climatic conditions. Besides, the institute is also planning to design devices that consume low amounts of water, in order to help farms.
Development of newer irrigation measures and strategic alliances are the key strategies adopted by market players

Global micro irrigation systems market further reveals that the key player’s increasingly adopting strategies such as development of newer irrigation measures, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.

 For instance, in April 2017, the two micro-irrigation dealers, Agri-Valley Irrigation Inc. (AVI) and Irrigation Design and Construction Inc. (IDC), have entered into an agreement with JISL to merge ownership of their businesses into a newly-formed distribution company. This new organisation will provide a platform to help growers implement irrigation technology.

Key player’s profiles in the report are Rain Bird Corporation (USA), Jain Irrigation Systems Ltd. (JISL) (India), The Toro Company (USA), Lindsay Corporation (USA), Netafim Limited (Israel), Hunter Industries (USA) and Valmont Industries, Inc. (USA).

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Detailed Segmentation of Micro Irrigation Systems Market:

By Type
• Drip Irrigation Systems
• Sprinkler Irrigation Systems
o Lateral Move Sprinklers
o Traditional Sprinklers
o Center Pivot Sprinklers

By Application
• Field crops
• Vineyards
• Others

Geography

o North America
o Europe
o Asia Pacific
o Latin America
o Middle East and Africa (MEA)
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