Micro Irrigation Systems Market Analysis Report By Product, By Crop, By Application, By Region And Segment Forecasts From 2016 To 2025

Industry Insights

The global micro irrigation systems market size was accounted for USD 8,154.3 million in 2015. Rising food consumption owing to the rising population in emerging economies in Latin America and the Asia Pacific is projected to be the fundamental factor driving the growth of the market. Moreover, rising awareness regarding the conservation of water especially in arid zones is projected to further propel the system’s demand over the forecast period.

These systems help in controlling soil erosion and prevent wastage of water. This is expected to boost the demand for such systems among developing countries. The majority of the small farmers are incorporating micro-irrigation systems to reduce wastage of water and increase their yield. In addition, rising advances in technology are favoring the market growth owing to ease of monitoring and controlling water usage and crop intake.

Drip irrigation and sprinkle irrigation help in increasing the crop yield and reduce the wastage of water. Local governing bodies across developing and developed regions are motivating farmers to incorporate micro-irrigation to promote the development of efficient and affordable systems.

Moreover, governments in developing regions like Latin America and the Asia Pacific are providing financial assistance to the farmers by lowering the interest rates and giving various subsidies to promote the implementation of micro irrigation systems. Moreover, various benefits such as affordability of the systems, cost-effectiveness, high yield, and enhanced efficiency are projected to propel the market growth over the forecast period.

Product Insights

In 2015, the drip segment accounted for a revenue of USD 2,878.3 million. The drip irrigation systems are highly suitable for cultivating food crops. This is projected to propel the demand for drip irrigation among the cultivators of food crops from 2016 to 2025. Moreover, factors such as low consumption of water and the cost-effectiveness of drip irrigation systems are projected to boost its popularity among the majority of small and large-scale farmers. In addition, the rising adoption of drip systems owing to the rising popularity of sustainable farming practices is the major factor contributing to the growth of the segment.

The sprinkler segment is projected to attain notable growth in the forthcoming years owing to its feature of spreading water over long distances. This helps in improving the efficiency of water consumption. Moreover, rising technological advancements in sprinklers which improve its water displacing efficiency and provides high convenience to the farmers are projected to propel the demand for sprinklers over the forecast period.

Various leading manufacturers are opening their production units in the Asia Pacific owing to the presence of low-cost production facilities in the region. This has facilitated the easy availability of affordable sprinklers to the farmers in villages and rural areas.

Crop Insights

In 2015, the segment of orchard crops dominated the global micro irrigation system market and is projected to attain the fastest growth over the forecast period. High exports of nuts and fruits from the major countries in the Asia Pacific are projected to boost the segment’s growth. Moreover, the concept of micro-farming is gaining high popularity across the residential sector which is projected to boost the growth of the orchard crops segment over the forecast period.

The plantation crops segment is projected to attain significant growth from 2016 to 2025 due to the high consumption of plantation crops such as coffee and tea across the globe. Governments in developing countries like China and India are encouraging cultivators of field crops to implement mechanized and micro-irrigation systems by providing subsidies and financial assistance.

Lateral move and central pivot systems are widely used for cultivating field crops such as corn, wheat, cotton, and maize. In addition, these systems aid the water conservation process. This is further projected to propel the demand for micro-irrigation systems across the field crops segment.

Application Insights

In 2015, the agriculture application segment held the dominant market share as agriculture is considered to be the most important and crucial occupation across the globe. In addition, agriculture is highly practiced in developing countries which are projected to boost the growth of the micro irrigation systems market across the emerging regions. Furthermore, the availability of low-cost production facilities in Latin America and the Asia Pacific is projected to further fuel the demand for such irrigation systems.

The application segment of the greenhouse is projected to grow significantly from 2016 to 2025 due to the rising need for implementing cost-effective irrigation techniques that help in reducing water wastage. Moreover, rising awareness regarding depletion of the environment and increasing cost of water and electricity are the factors influencing hobbyists, greenhouse owners, and home gardeners to implement highly efficient irrigation techniques.

Regional Insights

North America acquired a notable market share which accounted for USD 2,397.9 million across the global market owing to the presence of leading market players in this region including Nelson Irrigation Corporation, Rain Bird Corporation, and Lindsay Corporation that are focusing on developing cost-effective and vigorous micro irrigation systems. In addition, rising awareness regarding the conservation of water in the U.S. is projected to further propel the growth of the regional market.

Asia Pacific is projected to ascend at the fastest CAGR of more than 17.0% over the forecast period. Agriculture is the fundamental pillar of the majority of the economies in the Asia Pacific. This is propelling the demand for micro-irrigation techniques in the region. In addition, various governments and state regulatory bodies in this region are providing subsidies and financial assistance to the farmers to encourage them to implement micro irrigation systems.

The Middle East and Africa are projected to witness significant growth over the forecast period owing to the presence of large cultivable lands and the growing need for sustainable agricultural practices that support the green revolution.

Micro Irrigation Systems Market Share Insights

Leading players operating in the market are Mahindra EPC Irrigation, Jain Irrigation Systems Ltd., Nelson Irrigation Corporation, Netafim Limited, Lindsay Corporation, Rain Bird Corporation, The Toro Company, T-L Irrigation Co., Valmont Industries, Inc., and Rivulis Irrigation. Prominent players in the industry are focusing on R&D to develop innovative and efficient irrigation systems. Moreover, Asia Pacific is the prominent region offering potential growth opportunities to the existing market players as well as the new entrants. Therefore, these players are focusing on opening manufacturing units across the Asia Pacific.

In addition, these players are focusing on strategic initiatives such as M&A, collaborations, and partnerships with the companies that operate in the wireless telecommunication industry to develop products that are GPS enabled.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Million Insights has segmented the global micro irrigation systems market report based on product, crop, application, and region:

• Product Outlook (Revenue, USD Million; 2014 - 2025)
    • Sprinkler
        • Tubing
        • Pumping unit
        • Fittings/Sprinkler head
        • Coupler
    • Drip
        • Tubing
        • Backflow Preventers
        • Valves
        • Filters
        • Pressure Regulators
        • Pressure Compensators
    • Central Pivot
    • Lateral Move

• Crop Outlook (Revenue, USD Million; 2014 - 2025)
    • Plantation Crops
    • Orchard Crops
    • Field Crops
    • Forage & Grass
    • Others

• Application Outlook (Revenue, USD Million; 2014 - 2025)
    • Agriculture
    • Landscape
    • Greenhouse
    • Nursery
    • Others

• Regional Outlook (Revenue, USD Million; 2014 - 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • UK
        • Germany
    • the Asia Pacific
        • China
        • Japan
        • India
    • Latin America
        • Brazil
    • Middle East & Africa (MEA)