Global Micro Irrigation Systems Market is expected to reach $8.71 billion by 2021| Market Data Forecast
The Global Micro Irrigation Systems Market was
worth $3.84 billion in 2016 and estimated to be growing at a CAGR of 17.80%, to
reach $8.71 billion by 2021. With a shortage of land and water, growing
importance is being put on the support of advanced technologies that can help
enhance crop output.
Micro irrigation systems deliver water to the
plant roots through an intricate pipe linkage system and low discharge
emitters. The water discharge outline in these systems can be altered as per
individual plant water necessities as several horticulture, and agronomic
plants have unique requirements. The system consists of components such as
pipes, flow control gear, tubes, and low discharge water-emitting machines.
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The growth of the Global Micro Irrigation
Systems market is majorly driven by factors such as water scarcity; rising
population coupled with growing food demand, and advanced production practices.
However, factors such as high initial investment and high upkeep costs of the
micro-irrigation systems are impeding the growth of the market.
The Global Micro Irrigation Systems market is
segmented based on Type, End User, and Application. The market for Micro
Irrigation Systems, on the basis of Type, is classified into Drip Irrigation
System, Sprinkler Irrigation System, Central Pivot Irrigation System, and
Lateral move Irrigation System. Drip Irrigation System is further segmented
into Backflow Preventers, Filters, Drip Tube, Valves, Pressure Regulators, and
Emitters, whereas Sprinkler Irrigation System is further classified into
Tubing, Sprinkler Heads, Pumping Unit, Fittings and Accessories, and Couplers.
Central Pivot Irrigation System is further segmented into Pipelines, System
control towers, Water Emitters, and Central Towers. Sprinkler Irrigation
Systems lead the global market for Micro Irrigation Systems, whereas are Drip
Irrigation Systems are growing at the highest CAGR during the forecast period.
With the advance of micro sprinklers, irrigation on low value field crops has
enhanced, especially in countries such as India and China. On the basis of End
User, the global Micro Irrigation Systems market is segmented into Farmers,
Industrial Users, and Others. On the basis of Application, the global Micro
Irrigation Systems market is segmented into Plantation Crops, Orchard Crops
& Vineyards, Field Crops, Forage & Turf Grasses, and Others. Orchard
Crops & Vineyards lead the global market on the basis of application,
followed by Plantation Crops.
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On the basis of geography, the global market is
analysed under various regions namely North America, Europe, Asia-Pacific,
Latin America and Middle-East & Africa. North America leads the global
Micro Irrigation Systems market followed by Asia Pacific and Europe. Developing
countries in the Asia Pacific and Latin America regions are expected to
experience severe water shortage in the near future due to mounting water
demand for household, trade and industrial uses. These regions are expected to
observe sharp demand for such technologies and are anticipated to be the key
demand centres.
The industry is highly disjointed with several
small, medium and large scale players. Companies are funding R&D projects
and building collaborations to achieve a stronger position in the market by
boosting their product portfolio. The major companies dominating the global
Micro Irrigation Systems market are Jain Irrigation Systems Ltd., Lindsay
Corporation, Nelson Irrigation Corporation, The Toro Company, EPC Industries
Limited, Valmont Industries Inc., and T-L Irrigation.
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