North America holds Largest Market Share Globally of Micro Irrigation System Market

The growing need of water conservation and high crop yield for global food security has fueled the demand of advanced, and economical agricultural technology. Government initiatives and funding for both manufacturers and buyers, economic and social advantages of micro irrigation systems, and rising consumers awareness in emerging countries has heavily contributed to the growth of the global micro irrigation system market in the recent years. However, the market penetration in developing countries is still below its full potential. Lack of skilled workforce, high initial cost, and high maintenance cost of micro irrigation system, is expected to curb the growth of the market to some extent, particularly in the cost sensitive developing countries.

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Based on the different type of micro irrigation system, the Global Micro Irrigation System Market can be broadly classified, as sprinkler irrigation system, and drip irrigation system. Sprinkler irrigation systems grasped the largest market share in 2014; however drip irrigation system holds the highest growth attributed, to its high efficiency and diversified application.
Based on the use of micro irrigation system in different crops type, the global micro irrigation system market can be classified, as field crops, plantation, orchard crops, forage and turf grasses, and others. Further on the basis of application the global micro irrigation system market can be classified as agriculture, gardening, sports ground and greenhouses, and plant nurseries.
North America was the largest market of the micro irrigation system in 2014.

The market dominance of North America is attributed to growing acceptance of center pivot sprinkler, and the lateral move irrigation systems and farmer’s awareness to cost and productivity benefits from the micro irrigation system. Asia-pacific was the second largest and the fastest growing micro-irrigation market in 2014. The rising government funding and shrinking ground water sources have fueled the demand of micro irrigation system in the major crop producing countries, such as India and China. Moreover, the urbanization and development of sporting infrastructure in the water deficient Middle East region, has also benefited the micro irrigation system market in recent years.

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Some of the competitors in the global micro irrigation systems market are Valmont Industries, Jain Irrigation Systems Limited, Rivulis Irrigation, Nelson Irrigation Corporation, Rain Bird Corporation, The Toro Company, Lindsay Corporation, EPC Industries Limited, Netafim Limited, T-L Irrigation, and Deere & Company.

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