IMARC Group, a leading market research company, has recently releases report titled “Micro irrigation systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global micro irrigation systems market 2023 trends, growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Industry Overview of Micro irrigation systems Market
Micro irrigation systems, also known as drip irrigation systems, are innovative irrigation methods that deliver water directly to the root area of plants in controlled and precise quantities. They comprise a network of pipes, emitters, valves, and controllers that efficiently distribute water to crops, gardens, and landscapes. They assist in providing precise water directly to the roots, enhancing nutrient uptake, and minimizing water loss through evaporation and runoff. As they aid in improving water efficiency and conservation, the demand for micro irrigation systems is increasing across the globe.
How Big Is the Micro irrigation systems Market?
The global micro irrigation systems market size reached US$ 10.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 18.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.9% during 2023-2028.
Global Micro irrigation systems Market Trends and Drivers:
At present, the rising employment of micro irrigation systems among farmers to optimize crop yields while reducing water usage and production costs represents one of the primary factors strengthening the market growth. Besides this, the growing adoption of micro irrigation systems due to the rising demand for efficient water management and sustainable agriculture practices is offering a positive market outlook. Moreover, the increasing awareness about water-conserving is supporting the growth of the market. Apart from this, the rising employment of micro irrigation systems, as they offer flexibility in water delivery and allow farmers to adjust water supply, is propelling the market growth. Furthermore, the increasing adoption of micro irrigation systems, as they efficiently provide water and nutrients to the crops, is contributing to the growth of the market.
The report has been segmented the market into following categories:
Breakup by Type:
Breakup by Crop Type:
Breakup by End User:
Breakup by Region:
List of Major Key Players:
The competitive landscape of the industry has Antelco Pty Ltd Elgo Irrigation Ltd., Hunter Industries, Irritec S.p.A, Jain Irrigation Systems Ltd., Lindsay Corporation, Mahindra EPC Irrigation Limited (Mahindra & Mahindra Limited), Nelson Irrigation Corporation, Netafim (Orbia), Rain Bird Corporation, Rivulis Irrigation Ltd. and The Toro Company.
