Press release
Micro Irrigation Systems Market Demand and Opportunities by 2023; Players - Valmont Industries, Inc., Jain Irrigation Systems Ltd., Rivulis Irrigation, Nelson Irrigation Corporation, Rain Bird Corporation and The Toro Company
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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; however drip irrigation system holds the highest growth attributed, to its high efficiency and diversified application.
Agriculture is by far the largest market application segment of the micro irrigation system market. The segment is expected to maintain its dominance, during the forecast period attributed to the shrinking ground water resources, rising government supports, and long term cost benefits of micro irrigation system.
North America was the largest market of the micro irrigation system. 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.
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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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