The publisher denotes that the global micro irrigation systems market is assessed to display growth at a CAGR of 16.68% through the estimated period 2021-2028.The Global Market for Micro Irrigation Systems is Set to Display a Positive Market Trend, with 17.26% of Cagr Over the Forecast Period of 2019-2027
The growing interest in farmers to adopt micro irrigation systems, along with concerns of freshwater conservation and diminishing water resources, is primarily driving the global market’s progress. Additionally, government initiatives and increased demand from nursery and commercial gardens, are generating growth opportunities for the micro irrigation systems market over the forecast period.
However, the high cost of micro irrigation systems and concerns pertaining to over irrigation and clogging, are hampering the studied market’s progress on a large scale.
REGIONAL OUTLOOK
The global micro irrigation systems market comprises the regions of North America, Asia-Pacific, Latin America, Europe, and Middle East and Africa.Asia-Pacific is estimated to showcase the fastest growth rate in the micro irrigation systems market over the projected phase. In the region, the extensive cultivation of plantation crops majorly motivates the adoption of micro irrigation systems, such as central pivots, to efficiently supply water across the field. Additionally, the large-scale export of orchard crops, such as fruits and nuts, increases the use of micro irrigation technologies to cater to the global demand.
Furthermore, the growing trend of small-scale agricultural facilities in rural areas, is predicted to surge the demand for micro irrigation systems, such as sprinklers and drip irrigation. Hence, these factors are anticipated to augment the growth of the micro irrigation systems across the APAC region.
COMPETITIVE OUTLOOK
The key companies profiled in the micro irrigation systems market consist of Rain Bird Corporation, Irrigation & Water Technologies (IWT), Valmont Industries Inc, Lindsay Corporation, Irritec SpA, Nelson Irrigation Corporation, Toro Company, Harvel Agua India Private Limited, Elgo Irrigation Ltd, T-L Irrigation Co, Mahindra EPC Irrigation Limited, Jain Irrigation Systems Ltd (JISL), Teco Srl, Deere & Company, Dayu Irrigation Group Co Ltd, Antelco Pty Ltd, Hunter Industries, Agrodrip SA, Netafim Ltd, Metzer, and Rivulis Irrigation.Hunter Industries is a manufacturer of irrigation equipment for golf courses and landscape industries. Its product portfolio includes spray sprinkles, weather sensors, valves, pop-up gear-driven rotors, and controllers. The company also provides products to several industries, such as landscape lighting, customer manufacturing, healthcare, and irrigation. It has operations across more than 125 countries, with its headquarters located in the United States.
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Report Attribute | Details |
---|---|
No. of Pages | 218 |
Published | February 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 3624.93 million |
Forecasted Market Value ( USD | $ 10672.56 million |
Compound Annual Growth Rate | 16.6% |
Regions Covered | Global |
Table of Contents
1. Global Micro Irrigation Systems Market - Summary
2. Industry Outlook
3. Global Micro Irrigation Systems Market - by Product
4. Global Micro Irrigation Systems Market - by Type of Crops
5. Global Micro Irrigation Systems Market - Regional Outlook
6. Competitive Landscape
7. Methodology & Scope
Table List
Figure List
Samples
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Companies Mentioned
A selection of companies mentioned in this report includes:
- Agrodrip Sa
- Antelco Pty Ltd
- Dayu Irrigation Group Co Ltd
- Deere & Company
- Elgo Irrigation Ltd
- Harvel Agua India Private Limited
- Hunter Industries
- Irrigation and Water Technologies (Iwt)
- Irritec Spa
- Jain Irrigation Systems Ltd (Jisl)
- Lindsay Corporation
- Mahindra EPC Irrigation Limited
- Metzer
- Nelson Irrigation Corporation
- Netafim Ltd
- Rain Bird Corporation
- Rivulis Irrigation
- Teco Srl
- T-L Irrigation Co
- Toro Company
- Valmont Industries Inc
Methodology
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