Press release
Microirrigation Systems Market Key Players, Size, Share, Demands, Trends, Growth Rate and Forecasts to 2028
The microirrigation systems market is projected to reach USD 17.8 billion by 2028 from USD 10.4 billion in 2022, at a CAGR of 9.4% during the forecast period in terms of value.The microirrigation systems market refers to the industry that deals with the production, distribution, and installation of irrigation systems designed for efficient water usage in agriculture. Microirrigation systems, also known as drip irrigation systems or trickle irrigation systems, deliver water directly to the plant's root zone, minimizing water loss through evaporation and runoff.
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Leading players profiled in this report:
Jain Irrigation Systems Ltd.
The Toro Company
Netafim
Nelson Irrigation
Rain Bird Corporation
Finolex Plasson
Mahindra EPC Irrigations Limited
T-L Irrigation
HUNTER INDUSTRIES
Rivulis
Chinadrip Irrigation Equipment co., Ltd.
Elgo Irrigation Ltd.
Antelco
Microjet
Irritec S.p.A
Rain drip
Kothari Group
Metro Irrigation
DRTS
Dripworks
Harvel Agua India Private Limited
JALDHARADRIP
Shanghai Irrist Corp., Ltd.
Goldenkey
Heibei Plentirain Irrigation Equipment Ltd
These systems typically consist of a network of pipes, valves, emitters, and controllers that deliver precise amounts of water to individual plants or specific areas of a field. They can be used in a variety of applications, including agriculture, horticulture, landscaping, and greenhouse cultivation.
The market for microirrigation systems has been experiencing significant growth in recent years due to several factors. These include:
Water scarcity: With increasing water scarcity and the need to conserve water resources, microirrigation systems provide an efficient solution by reducing water wastage and maximizing water-use efficiency.
Growing demand for food: The global population is continuously increasing, leading to higher demand for food production. Microirrigation systems enable farmers to maximize crop yields by providing the right amount of water and nutrients directly to the plant roots.
Government support: Many governments worldwide have been promoting the adoption of microirrigation systems through subsidies, incentives, and regulatory frameworks to encourage sustainable agriculture practices and water conservation.
Technological advancements: The development of advanced technologies, such as sensors, automation, and precision farming techniques, has enhanced the efficiency and effectiveness of microirrigation systems. These advancements have further increased their adoption in various agricultural settings.
Environmental benefits: Microirrigation systems contribute to reducing soil erosion, minimizing the leaching of fertilizers and chemicals into water bodies, and conserving energy by reducing the need for pumping water over long distances.
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