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Market Research Report

Global Micro Irrigation Systems Market - 2020-2027

Published by DataM Intelligence Product code 983409
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Global Micro Irrigation Systems Market - 2020-2027
Published: January 19, 2021 Content info: 176 Pages
Description

Market Overview

The Global Micro Irrigation Systems Market is expected to grow at a high CAGR during the forecasting period (2020-2027).

Micro-irrigation systems are the modern method of irrigation that helps to conserves water as they use pipes or underground tubes. The micro-irrigation system provides direct delivery of water to the soil at the roots of plants which avoids water wastage through flooding and evaporation. It works in a pressurized form by ensuring improvement in crop yield similar to natural rainfall. This irrigation provides water efficiently. There are different devices used for irrigation including sprays, drippers, sprinklers, and guns. These devices supply the exact amount of water on the plants by ensuring their optimum growth.

Market Dynamics:

The market is driven by the rising demand for micro-irrigation systems for agricultural food cultivations owing to the surge in the global population. According to the International Commission on Irrigation and Drainage Organization, the global population is 7.5 billion in 2015 and is projected to reach around 8.6 billion by 2030. Thus to serve such a huge population, water and food demand will increase at a rapid pace. Hence the micro irrigation system helps in saving the consumption of water provided to the agricultural land. According to the recent report by United Nations Educational, Scientific and Cultural Organization (UNESCO) in 2012, irrigated agricultural land has been covered with around 275 million hectares of which accounts for 40% of global food production.

There is a rise in the launch of new innovative digital technology implemented of micro irrigation systems for the agricultural for avoiding the wastage of water. For instance, in Dec 2018, Netafim Company had launched the world's most innovative digital Irrigation system in India. This technology enables real-time monitoring of the plants, soil, and weather condition from external sources for the farmers.

Segment Analysis

The global Micro irrigation systems market is segmented based on product type, voltage capacity, application, end-user, and region.

In terms of product type, the global Micro irrigation systems market is bifurcated into drip and micro-sprinkler. Among this micro-sprinkler, the segment has the highest share in 2019 owing to the high capacity to save water at low pressure from 1.0 to 2Kg/cm2. Further, these sprinklers save labor costs and avoid the erosion of soil due to excess water. The Food and Agriculture Organization (FAO) in 2012, there were around 35 million hectares of land under sprinkler irrigation which is further increasing due to a surge in government supports and initiatives.

Similarly, the drip segment also increasing at the fastest pace owing to a surge in the adoption by the farmers to stimulate yield and prevent the wastage of water for agriculture.

Depending on the application, the global micro irrigation systems are segmented into orchard crops & vineyards, field crops, plantation crops. Among these, the plantation crop segment has the highest market share in 2019. This growth is anticipated due to the rise in the growing crop yield with government subsidy and supportive schemes especially from the developing region like China, India, and Brazil.

Similarly, the field crop, orchard crops & vineyards segment has the highest market share owing to an increase in the global food & beverage demand of several fruits like orange, acid lime, tomatoes, and other consumables with the surge in global population. According to the In our world Data statistics in 2018, the orange yield for United States, South Africa, Indonesia, and China was registered to around 23.42, 41.02, 36.74 and 18.14 tonnes per hectare has been registered.

Further, the market is also classified based on the end-users as industrial users, and farmers. Among these, farmers have the highest market share in 2019, owing to the increasing demand for food and vegetables with a surge in the global population. Farmers use micro-irrigation systems for high yielding of fruits and vegetables like tomatoes, bananas, etc. According to In our world Data statistics in 2018, the tomato yielding from the United States, China, Sweden, Germany were registered around 96.81, 59, 455.75, 259.61, tonnes per hectare in 2018 which propels this segmental growth for micro-irrigation systems.

Similarly, the industrial user's segment is also growing the demand for drip and sprinkler irrigation systems for an eco-friendly environment in the industrial area.

Geographical Presentation

By region, the global Micro irrigation systems market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, Asia Pacific dominated the global micro irrigation systems market and expected to grow at the highest CAGR during the forecasted period due to the presence of a huge amount of agricultural land with a surge in government support and subsidy programs for irrigation in the farm. According to the Food and Agriculture Organization (FAO) in 2012, China and India have around 42% of the world's irrigation systems due to government schemes with rising global food demand. Similarly, the above organization also stated that, in the Africa region, out of the total equipped area of 13.5 million hectares, around 11.5 million were under irrigation.

North America and Europe region are expected to have positive market growth due to the growing technological advancement like deep learning to identify a greater variety of plants with better accuracy and crop management. According to our world Data statistics in 2018, rice yielding from the United States, and Mexico were around 8.63 tonnes per hectare, and 3.82 tonnes per hectare respectively.

Competitive Analysis

The global micro irrigation systems market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Jain Irrigation, Netafim, Valmont Industries, Hunter Industries, Lindsay Corporation, The Toro Company, Finolex Plasson, Automat Industries, Rain Bird Corporation, Captain Polyplast Ltd., Ecoflo Irrigationare the leading market players with significant market share.

Major players are receiving launching new advanced technology micro irrigation systems for agriculture as well as for industrial. For instance 21st Jan 2020, Hunter industries had launched next-generation TTS-800 rotors for the irrigation of open a Golf Course with better efficiency. TTS-800 inlets have the facility to prevent thread stripping and leakage due to the presence of chemical-resistant PVC. TTS-800 rotors have been utilized integrated advanced technology for higher, reliability, and performance.

Companies are entering into collaborations, acquisitions, mergers, and licensing for increasing their market penetration. For instance, on 19th April 2017, Jain Irrigation Systems (JISL) has been acquired an 80% stake in the US-based companies Agri-Valley Irrigation Inc (AVI) and Irrigation Design & Construction Inc (IDC), for around USD 48 million. Furthermore, on 25th April 2018, Arable Capital leader in the advancement of micro-irrigation tech has been acquired Hydratec as a full-service Irrigation Company.

Why Purchase the Report?

Visualize the composition of the global Micro irrigation systems market products in terms of ingredient type, and application highlighting the critical commercial assets and players.

Identify commercial opportunities in the global Micro irrigation systems market by analyzing trends and co-development deals.

Excel data sheet with thousands of data points of global Micro irrigation systems market-level 4/5 segmentation.

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

  • *The global Micro irrigation systems market report will provide access to approximately 53 market data tables, 44 figures, and 178 pages

Target Audience

Industry Investors/Investment Bankers

Suppliers/Buyers

Education & Research Institutes

Manufacturers

Research Professionals

Emerging Companies

Distributors

Table of Contents

Table of Contents

1. Micro-irrigation systems Market Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Objective and Scope of the Report

2. Micro-irrigation systems Market - Market Definition and Overview

3. Micro-irrigation systems Market - Executive Summary

  • 3.1. Market Snippet by Product Type
  • 3.2. Market Snippet by Application
  • 3.3. Market Snippet by End-user
  • 3.4. Market Snippet by Region

4. Micro-irrigation systems Market Dynamics

  • 4.1. Market Impacting Factors
  • 4.2. Drivers
  • 4.3. Restraints
  • 4.4. Impact Analysis
  • 4.5. Opportunity

5. Micro-irrigation systems Market - Industry Analysis

  • 5.1. Porter's Five Forces Analysis
  • 5.2. Supply Chain Analysis
  • 5.3. Regulatory Analysis
  • 5.4. Pricing Analysis

6. Micro-irrigation Systems Market - By Product Type

  • 6.1. Introduction
    • 6.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
    • 6.1.2. Market Attractiveness Index, By Product Type
  • 6.2. Drip
    • 6.2.1. Introduction
    • 6.2.2. Market Size Analysis, US$ Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
  • 6.3. Micro sprinkler

7. Micro-irrigation systems Market - By Application

  • 7.1. Introduction
    • 7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 7.1.2. Market Attractiveness Index, By Application
  • 7.2. Field Crops
    • 7.2.1. Introduction
    • 7.2.2. Market Size Analysis, USD Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
  • 7.3. Orchard Crops & Vineyards
  • 7.4. Plantation Crops

8. Micro-irrigation systems Market - By Region

  • 8.1. Introduction
    • 8.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 8.1.2. Market Attractiveness Index, By Application
  • 8.2. Farmers
    • 8.2.1. Introduction
    • 8.2.2. Market Size Analysis, USD Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
  • 8.3. Industrial use

9. Micro-irrigation systems Market - By Region

  • 9.1. Introduction
    • 9.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    • 9.1.2. Market Attractiveness Index, By Region
  • 9.2. North America
    • 9.2.1. Introduction
    • 9.2.2. Key Region-Specific Dynamics
    • 9.2.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
    • 9.2.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 9.2.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
    • 9.2.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 9.2.6.1. The U.S.
      • 9.2.6.2. Canada
      • 9.2.6.3. Mexico
  • 9.3. Europe
    • 9.3.1. Introduction
    • 9.3.2. Key Region-Specific Dynamics
    • 9.3.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
    • 9.3.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 9.3.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
    • 9.3.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 9.3.6.1. Germany
      • 9.3.6.2. The U.K.
      • 9.3.6.3. France
      • 9.3.6.4. Rest of Europe
  • 9.4. South America
    • 9.4.1. Introduction
    • 9.4.2. Key Region-Specific Dynamics
    • 9.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
    • 9.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 9.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
    • 9.4.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 9.4.6.1. Brazil
      • 9.4.6.2. Argentina
      • 9.4.6.3. Rest of South America
  • 9.5. Asia Pacific
    • 9.5.1. Introduction
    • 9.5.2. Key Region-Specific Dynamics
    • 9.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
    • 9.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 9.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
    • 9.5.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 9.5.6.1. China
      • 9.5.6.2. India
      • 9.5.6.3. Japan
      • 9.5.6.4. Australia
      • 9.5.6.5. Rest of Asia Pacific
  • 9.6. The Middle East and Africa
    • 9.6.1. Introduction
    • 9.6.2. Key Region-Specific Dynamics
    • 9.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
    • 9.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 9.6.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user

10. Micro-irrigation systems Market Competitive Landscape

  • 10.1. Competitive Scenario
  • 10.2. Market Positioning/Share Analysis
  • 10.3. Mergers and Acquisitions Analysis

11. Micro-irrigation systems Market Company Profiles

  • 11.1. Jain Irrigation
    • 11.1.1. Company Overview
    • 11.1.2. Form Portfolio and Description
    • 11.1.3. Key Highlights
    • 11.1.4. Financial Overview
  • 11.2. Netafim
  • 11.3. Valmont Industries
  • 11.4. Hunter Industries
  • 11.5. Lindsay Corporation
  • 11.6. The Toro Company
  • 11.7. Finolex Plasson
  • 11.8. Automat Industries
  • 11.9. Rain Bird Corporation
  • 11.10. Captain Polyplast Ltd.
  • 11.11. Ecoflo Irrigation (*List Is Not Exhaustive)

12. Micro-irrigation systems Market - Premium Insights

13. Micro-irrigation systems Market - DataM

  • 13.1. Appendix
  • 13.2. About Us and Services
  • 13.3. Contact Us
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