Micro Irrigation Systems Market Research Report, By Type, Crop Types, Component, End User and Geography – Global Market Share, Trend Analysis and Forecast up to 2023

Report Code: 1187
Publish Date: March 2017

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Product Description

Micro irrigation systems market is projected to grow at a CAGR between 17 % to 18 % from 2018 to 2023. The market was valued at USD ~ 2.9 billion in 2016. The market is studied for two major types of micro irrigation systems which are drip irrigation systems and sprinkler irrigation systems. The sprinkler irrigation systems market is further segmented into lateral move sprinklers irrigation and central pivot irrigation. The market is studied for orchid crops & vineyards, field crops, plantation crops and other crops. Major components considered in the study are drip emitters, irrigation valves, polyethylene tubing, filters, and micro spray. The end users considered while studying the market are industrial users, farmers, and others. The major stakeholders in this industry are farmers, raw material suppliers, micro irrigation systems manufacturers and distributors, regulatory authorities, and researchers.

The market for micro irrigation systems is driven by factors such as rising water scarcity and increasing food demand; population growth and rising awareness of food security especially in the developed countries; high irrigation costs due to increasing energy and water price; use of micro irrigation systems due to rainfall fluctuations resulting into crop loss; and advantages of micro irrigation such as optimized performance, cost effective and less maintenance. Along with this, high government support and changing farming techniques with innovation in drip and sprinkler irrigation systems for maximum results is triggering the leading companies in this industry to invest huge sums of money in R&D and introducing innovative products with better results and high effectiveness.

The two major types of micro irrigation systems considered in the study are sprinkler irrigation and drip irrigation. The market for sprinkler irrigation is the second largest due to increasing usage of central pivot and lateral move sprinklers. Effective water supply with minimum water loss and development of advance techniques such as sensors measuring the temperature, PH-value and moisture in the soil is leading to the market growth of sprinkler irrigation. Along with the market growth of sprinkler irrigation, the demand for drip irrigation is rising substantially. Increasing acknowledgement of advantages of drip irrigation is expected to increase the market size with the highest CAGR in the coming years.

The crop types considered in the micro irrigation systems market are orchid crops and vineyards, field crops, plantation crops and others. The highest application of micro irrigation is currently done on the orchid crops and vineyards. It is followed by plantation crops and field crops. Increasing growth in green house vegetables and fruits and high usage of irrigation systems in vineyards is driving the market for orchid crops and vineyards.

The micro irrigation systems report provides a separate and an all-inclusive analysis for North America, Europe, Latin America, Asia-Pacific, Africa and the Middle East countries. A detailed analysis is given for the following countries:

North America Europe Asia-Pacific Latin America MEA
U.S. Russia China Brazil South Africa
Canada Spain India Argentina Kenya
Mexico Italy Australia Chile Israel
  France Japan Peru Egypt
  Germany South Korea Rest of the LA Saudi Arabia
  U.K. New Zealand   U.A.E.
  Belgium Rest of the APAC   Rest of the MEA
  Rest of the Europe      

North America dominated the market with the largest market share followed by Europe and Asia-Pacific. U.S. has the largest market share and Mexico is fastest growing in the country-level market in North America region. Asia-Pacific is the fastest growing region in the micro irrigation systems market.

The leading players in this industry include Jain Irrigation Systems Limited, Lindsay Corporation, The Toro Company, Driptech Incorporated, Hunter Industries Incorporated, Nelson Irrigation Corporation, Netafim Limited, Rain Bird Corporat, Rivulis Irrigation, T-L Irrigation Company, among others. These companies have established their position in the market by offering competent micro irrigation products. Along with this, they are making their presence strong in the market though strategies such as mergers, acquisitions, joint ventures and collaborations.

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Axiom MRC’s Qual-Quant data modeling tool is an in-house developed tool, which is based on the fundamentals such as Top Down and Bottom Up approaches. The data model compares irrigation, agrochemicals etc. markets to estimate and validate the qualitative and quantitative findings across various countries. It also allows to analyze the market value chain in comparison with main market i.e. global irrigation market to arrive at holistic and factual findings of the markets. The outcome of the data collection and secondary research is further validated with in-depth primary interviews conducted with key industry participants of micro irrigation market. All our findings are verified and validated by the industry experts and subject matter experts which typically include :-  CEOs/CMOs of the key micro irrigation companies  Key Opinion Leaders such as Research Experts, Consultants, Knowledge Professionals and others  Managers and top executives of key players  Various countries Government irrigation engineers and consultants