Microirrigation Systems Market Growth Opportunities and Recent Developments

The global microirrigation systems size is estimated to be valued at USD 9.7 billion in 2021 and is expected to reach a value of USD 15.1 billion by 2026, growing at a CAGR of 9.3% in terms of value during the forecast period. Factors such as higher yield requirement from a limited area, rapid growth in greenhouse vegetable production, and rise in usage of artificial intelligence in microirrigtaion systems are some of the factors driving the growth of the microirrigation systems market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=566

The micro sprinkler segment of the microirrigation systems market is projected to have the highest CAGR during the forecast period, by type

By type, the micro sprinkler segment is projected to have the highest CAGR during the forecast period in the microirrigation systems market. Drip irrigation also referred to as trickle irrigation, is a major type of microirrigation system. In drip irrigation, water is applied to each plant separately in small, frequent, precise quantities through dripper emitters. It is the most advanced irrigation method with the highest application efficiency. The water is delivered continuously in drops at the same point and moves into the soil and wets the root zone vertically by gravity and laterally by capillary action. The process involves the dripping of water on the soil at a low rate. The output is through a system of plastic pipes of small diameters fitted with “emitters” or “drippers.

The market for orchard crops & vineyards segment is projected to account for the largest share during the forecast period

By crop type, the orchard crops & vineyards segment accounted for the highest share in the microirrigation systems market. Microirrigation is possibly the most efficient form of irrigation for vineyards, as there is minimal runoff and evaporation; water and nutrients are applied directly to the root zone. Irrigation scheduling can be managed precisely to meet grapevine demands, holding the promise of increased yield and fruit quality. Emitters evenly spaced on the tubing ensure that water is distributed uniformly to each plant. The emission device and its flow rate and spacing depend on the age of the vines being grown and the soil texture. Microirrigation is known for its flexibility.

Farmers by end user drives the microirrigation systems market during the forecast period

By end user, farmers segment is projected to have the highest CAGR during the forecast period. The improvement in agricultural productivity due to the adoption of microirrigation systems is not confined to large end users, such as corporates. Many small and medium farmers in Africa, Asia, and the Middle East make their livelihood from agriculture practices. Israel that witnesses water scarcity has become a water surplus nation as it adapted microirrigation practices, particularly drip irrigation, that saves nearly three-fourths of the water used for irrigation done through open canals.

Asia Pacific is the fastest-growing market during the forecast period in the global microirrigation systems market

The Asia Pacific market is projected to dominate the market due to the rising demand for organic products, increasing acceptance of microirrigation systems among rural farmers, and high adoption of advanced irrigation systems such as drip & sprinkler irrigation for fertigation. The government’s support of the irrigation sector is often a component of a broader pro-rural policy package that aims to support agriculture. A majority of the countries in the Asia Pacific region (such as Malaysia and India) are middle-income countries and increasing subsidies for the irrigation sector to achieve the goal of food self-sufficiency.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=566

Key players in this market include Jain Irrigation Systems Limited (India), Netafim Limited (Israel), The Toro Company (US), Lindsay Corporation (US), EPC Industries (India), Nelson Irrigation Corporation (US), Rain Bird Corporation (US), T-L Irrigation (US), Hunter Industries (US), Rivulis Irrigation Ltd (Israel), Chinadrip Irrigation Equipment Co., Ltd. (China), Elgo Irrigation (Israel), Antelco Pty Ltd (Australia), Microjet Irrigation Systems (South Africa), Irritec (US), Metro Irrigation (India), Irritec S.p.A. (Italy), Irrigation Direct Canada (Canada), Drip Research Technology Solutions (Turkey), DripWorks Inc. (US), and Raindrip, Inc. (US).

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.