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Global Microirrigation Systems Markets, Analysis & Forecasts, 2016-2021 & 2022-2026 and 2031 - ResearchAndMarkets.com

The "Microirrigation Systems Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global micro irrigation systems market is expected to grow from $5.87 billion in 2021 to $6.86 billion in 2022 at a compound annual growth rate (CAGR) of 16.8%. The micro irrigation systems market is expected to grow to $11.48 billion in 2026 at a CAGR of 13.8%.

Asia Pacific was the largest region in the microirrigation systems market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the microirrigation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The micro-irrigation systems market research report is one of a series of new reports that provides micro-irrigation systems market statistics, including micro-irrigation systems industry global market size, regional shares, competitors with a micro-irrigation systems market share, detailed micro-irrigation systems market segments, market trends and opportunities, and any further data you may need to thrive in the micro-irrigation systems industry. This micro-irrigation systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Growing awareness about micro-sprinkler irrigation is expected to propel the growth of the micro irrigation systems market going forward. Micro-sprinkler irrigation refers to a modern method of irrigation that helps in distributing the water evenly all over the agricultural land. For instance, according to the Economic Times, an India-based daily newspaper, for the year 2021, in India, over 20 lakh hectares of land were brought under drip and sprinkler irrigation.

In addition, the National Bank for Agriculture and Rural Development allocated 10,000 crores for the development of micro-sprinkler irrigation. The government has set a target of covering 100 lakh hectares for micro-irrigation within the next 5 years. Therefore, growing awareness about micro-sprinkler irrigation is driving the growth of micro irrigation systems.

New product innovations have emerged as the key trend gaining popularity in the micro irrigation systems market. Major companies operating in the micro irrigation systems sector are focused on introducing new products to reinforce their position. For instance, in May 2021, Netafim, an Israel-based company, launched its intelligent automated filter AlphaDisc. It contains features such as concepts of product modularity and data measurement. This uses little water and energy and uniformly irrigates crops, leading to better productivity and cost savings.

In July 2020, Lindsay Corp, a US-based manufacturer of micro-irrigation systems, acquired Net Irrigate, LLC, for an undisclosed amount. This acquisition helps Lindsay Corp to expand its business in the US and would also allow it to develop new products in micro-irrigation. Net Irrigate LLC is a US-based manufacturer of remote monitoring technology and also operates in micro irrigation systems.

The countries covered in the microirrigation systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Major players in the microirrigation systems market are

  • Lindsay Corporation
  • The Toro Company
  • Rain Bird Corporation
  • Jain Irrigation Systems Ltd.
  • Mahindra EPC Irrigation Limited
  • Hunter Industries
  • Netafim Limited
  • Irritec S.p.A.
  • Harvel Agua India Private Limited
  • Nelson Irrigation Corporation
  • Antelco Pty Ltd.
  • Irrigation Direct Canad
  • Drip Research Technology Solutions
  • DripWorks Inc.
  • Raindrip Inc.

Key Topics Covered:

1. Executive Summary

2. Microirrigation Systems Market Characteristics

3. Microirrigation Systems Market Trends And Strategies

4. Impact Of COVID-19 On Microirrigation Systems

5. Microirrigation Systems Market Size And Growth

5.1. Global Microirrigation Systems Historic Market, 2016-2021, $ Billion

5.1.1. Drivers Of The Market

5.1.2. Restraints On The Market

5.2. Global Microirrigation Systems Forecast Market, 2021-2026F, 2031F, $ Billion

5.2.1. Drivers Of The Market

5.2.2. Restraints On the Market

6. Microirrigation Systems Market Segmentation

6.1. Global Microirrigation Systems Market, Segmentation By Mechanism, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Drip Irrigation System
  • Sprinkler Irrigation System
  • Other Micro-Irrigation Systems

6.2. Global Microirrigation Systems Market, Segmentation By Crop Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Plantation Crops
  • Field Crops
  • Orchard Crops
  • Other Crop Types

6.3. Global Microirrigation Systems Market, Segmentation By Cultivation Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Open Field
  • Protected Cultivation

6.4. Global Microirrigation Systems Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Small Farming
  • Large and Corporate Farming
  • Government
  • Other Applications

7. Microirrigation Systems Market Regional And Country Analysis

7.1. Global Microirrigation Systems Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

7.2. Global Microirrigation Systems Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/ucs7a0

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