Micro-irrigation Systems Market Size, Share, Growth, Detailed Analysis of Future Trends & Growth Opportunities Forecast to 2023
The global micro-irrigation market is driven by the growing awareness about the benefits of micro-irrigation in comparison with other methods of irrigation and the rising governmental support to widespread establishment of micro-irrigation facilities.
pune, India – February 27, 2019 /MarketersMedia/ —
Market Definition:
The global micro-irrigation market is driven by the growing awareness about the benefits of micro-irrigation in comparison with other methods of irrigation and the rising governmental support to widespread establishment of micro-irrigation facilities. Micro-irrigation helps farmers reduce the amount of water used in the planting process drastically, as the delivery of the water is highly localized, which allows all of the water to be fully utilized rather than losing some of it due to evaporation or being out of reach of the roots of the plant. This allows a smaller overall volume of water to fulfill the requirement for fresh water, reducing the overall consumption of water on the farm.
Market Scenario and Key Restraints:
The growing demand to improve the output of the agriculture sector is likely to be a major driver for the global micro-irrigation market over the forecast period, along with the growing prevalence of water scarcity in emerging regions. The growing problems regarding water scarcity are likely to drive the global micro-irrigation market, as farmers are more willing to incorporate micro-irrigation systems in their farms.
Market Research Future (MRFR) has announced a new release on the global micro-irrigation market. The report presents a thorough review of the global micro-irrigation market, including detailed projections regarding the market s growth over the forecast period from 2016 to 2022 and the key factors enabling the market s growth during that period.
The growing demand for greenhouse farming is also likely to be a major driver for the global micro-irrigation market over the forecast period. Due to their ability to isolate the food from the environment, greenhouses are becoming widely popular in the agriculture sector and are likely to become a key part of agricultural activities in the coming years. This is likely to drive the global micro-irrigation market, as greenhouses almost always feature micro-irrigation systems due to their efficient usage and self-contained mechanism.
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Competitive Analysis:
Leading players in the global micro-irrigation market include Akplas, Jain Irrigation Systems, Rivulis, Antelco, The Toro Company, Weishi Huifa Machinery Plant, Lindsay Corporation, Hunter Industries, Irritec, and Netafim Ltd. Corporate.
Industry Updates:
In January 2019, researchers from the Water Technology Centre of Indian Agricultural Research Centre, the National Bureau of Soil Survey and Land Use Planning, and the Department of Land Resources came up with a web-based application called DOMIS to make installing micro-irrigation systems easier for local farmers. The application calculates the precise requirements from a micro-irrigation system in each individual farm and delivers the results in a format that can be easily understood by even rural farmers. Widespread adoption of this technology could pave the way for a rapid increase in the demand for micro-irrigation systems in India over the forecast period.
Segmentation:
The Global Micro-Irrigation Market is segmented on the basis of type, material, end use, and region in the report.
On the basis of type, the global micro-irrigation market is segmented into micro-sprayers/sprinklers, drippers, micro-bubblers, drip tubing, and others. Micro-sprayers/sprinklers are likely to be a major revenue generation channel for the global micro-irrigation market over the forecast period, along with drip systems.
On the basis of material, the global micro-irrigation market is segmented into plastic, metal, polyethylene, and others.
On the basis of end use, the global micro-irrigation market is segmented into greenhouses, farms, residential gardens, and others.
Regional Analysis:
Regionally, the global micro-irrigation market is segmented into Asia Pacific, Europe, North America, and rest of the world. Asia Pacific and Latin America are likely to exhibit rapid progress in the global micro-irrigation market over the forecast period due to the high growth rate of the agriculture industry in these two regions. The growing demand to maximize the agricultural output from a given land area is likely to be a major driver for the global micro-irrigation market over the forecast period. The growing incorporation and awareness about technological innovations in the relatively underdeveloped Asia Pacific and Latin America regions is also likely to be a major driver for the global micro-irrigation market.
Europe also holds a notable share in the global micro-irrigation market due to the widespread prevalence of micro-irrigation systems in the region s low-lying agricultural regions. The high level of technological advancement achieved by the agriculture sector in Europe, including the increasing use of greenhouses for cultivating specialty vegetables and flowers, is likely to be a major driver for the global micro-irrigation market over the forecast period.
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