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Micro-irrigation Systems Market by Type (Sprinkler, Drip, Spray), Offering (Hardware, Software, Services), Crop (Plantation, Orchard & Vineyards, Field), Application (Agriculture, Sports, Residential, Commercial), and Geography - Global Forecasts to 2030

The research report titled 'Micro-irrigation Systems Market by Type (Sprinkler, Drip, Spray), Offering (Hardware, Software, Services), Crop (Plantation, Orchard & Vineyards, Field), Application (Agriculture, Sports, Residential, Commercial), and Geography-Global Forecasts to 2030', provides an in-depth analysis of micro-irrigation systems market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2030.

The global micro-irrigation systems market is projected to reach $20.2 billion by 2030, at a CAGR of 8.6% during the forecast period of 2023-2030.

The growth of this market is attributed to the growing need to maximize crop yield, government initiatives for water conservation, and the increasing adoption of modern farming techniques. Additionally, the growing use of automation in irrigation systems and increasing support for irrigation projects are expected to create market growth opportunities. However, the high initial investments required to implement micro-irrigation systems restrain the growth of this market. The lack of awareness regarding advanced irrigation technologies in developing countries is a major challenge for the players operating in this market.

Based on type, the global micro-irrigation systems market is broadly segmented into sprinkler irrigation, drip irrigation, spray irrigation, subsurface irrigation, and bubbler Irrigation. In 2023, the sprinkler irrigation segment is expected to account for the largest share of the global micro-irrigation systems market. The large market share of this segment is attributed to the increasing need to deliver water directly to the plant's root and for small sprinklers or sprayers to distribute water in a controlled manner and improve water-use efficiency, more efficient and effective ways to deliver water to crops. However, the drip irrigation segment is projected to register the highest CAGR during the forecast period.

Based on offering, the global micro-irrigation systems market is broadly segmented into hardware, software, and services. In 2023, the hardware segment is expected to account for the largest share of the global micro-irrigation systems market. The large market share of this segment is attributed to the increasing use of polyethylene tubing to connect the micro-irrigation system's components, surging use of valves, sprays, and sprinklers over a larger area for managing the water supply efficiently, growing use of drippers in orchards & vineyards, and vegetable gardens. This segment is also projected to register the highest CAGR during the forecast period.

Based on method, the global micro-irrigation systems market is broadly segmented into smart micro-irrigation and traditional micro-irrigation. In 2023, the traditional micro-irrigation segment is expected to account for the largest share of the global micro-irrigation systems market. The large market share of this segment is attributed to its relatively inexpensive cost compared to smart irrigation methods, easy installation and maintenance compared to smart micro-irrigation, and the need to grow a range of crops with limited resources or technical expertise. However, the smart micro-irrigation segment is projected to register the highest CAGR during the forecast period.

Based on crop type, the global micro-irrigation systems market is broadly segmented into plantation crops, orchard crops & vineyards, field crops, grasslands & grazelands, and other crops. In 2023, the field crops segment is expected to account for the largest share of the global micro-irrigation systems market. The large market share of this segment is attributed to the increasing need for irrigating field crops for efficient and precise water and nutrient delivery and the growing need to improve crop yields and reduce water waste and fertilizer runoff. However, the orchard crops & vineyards segment is projected to register the highest CAGR during the forecast period.

Based on application, the global micro-irrigation systems market is broadly segmented into agriculture, golf & sports ground, residential, commercial, and other applications. In 2023, the agriculture segment is expected to account for the largest share of the global micro-irrigation systems market. The large market share of this segment is attributed to the increasing adoption of micro-irrigation systems in agriculture to improve crop yields, reduce the need for manual labor and improve water-use efficiency. This segment is also projected to register the highest CAGR during the forecast period.

Based on geography, the micro-irrigation systems market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the micro-irrigation systems market. The market is also projected to witness rapid growth during the forecast period. The large market share of Asia-Pacific is attributed to the increasing technological advancements in irrigation systems and surging government initiatives to conserve water, increase crop yields and optimize plant growth. Factors such as the increasing need for a more sustainable way to irrigate crops and reduce water waste, rising environmental concerns, including soil degradation, and increasing water scarcity are supporting the growth of this market.

The key players operating in the global micro-irrigation systems market are Valmont Industries, Inc. (U.S.), The Toro Company (U.S.), Jain Irrigation Systems Ltd. (India), T-L Irrigation (U.S.), Rivulis Irrigation Ltd. (Israel), Reinke Manufacturing Co., Inc. (U.S.), Rain Bird Corporation (U.S.), Netafim Limited (Israel), Nelson Irrigation Corporation (U.S.), Lindsay Corporation (U.S.), Hunter Industries, Inc. (U.S.), Antelco Pty Ltd (Australia), Elgo Irrigation Ltd. (Israel), Harvel Agua India Private Limited (India), and Irritec S.p.A (U.S.).

Key questions answered in the report:

Scope of the report:

Global Micro-irrigation Systems, by Type

Global Micro-irrigation Systems, by Offering

Global Micro-irrigation Systems, by Method

Global Micro-irrigation Systems, by Crop type

Global Micro-irrigation Systems, by Application

Global Micro-irrigation Systems, by Geography

TABLE OF CONTENTS

1. Market Definition & Scope

2 . Research Methodology

3. Executive Summary

4. Market Insights

5. Global Micro-irrigation Systems Market Assessment-by Type

6. Global Micro-irrigation Systems Market Assessment-by Offering

7. Global Micro-irrigation Systems Market Assessment-by Method

8. Global Micro-irrigation Systems Market Assessment-by Crop Type

9. Global Micro-irrigation Systems Market Assessment-by Application

10. Micro-irrigation Systems Market Assessment-by Geography

11. Competitive Landscape

12. Company Profiles

13. Appendix

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