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Microirrigation Systems - Global Market Outlook (2019-2027)

Microirrigation Systems - Global Market Outlook (2019-2027)

5.0 (40 reviews)
Published: July 2020 ID: SMRC19620
5.0 (40 reviews)
Published: July 2020 ID: SMRC19620

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Microirrigation Systems Market is accounted for $5.18 billion in 2019 and is expected to reach $21.67 billion by 2027 growing at a CAGR of 19.6% during the forecast period. Some of the factors driving the growth of the market are low-cost irrigation technique and rapid growth in greenhouse vegetable production. However, the high initial investment is hampering the growth of the market.

Micro-irrigation systems are generally low- or medium-pressure systems that distribute water in the form of sprinkles, spray, mist, drip, and jet. Due to the rise in concerns of water scarcity, micro-irrigation systems prove to be an inventive and efficient solution as compared to conventional irrigation practices. The two major factors that drive the micro-irrigation systems market are an increase in the demand for food and agriculture products and a rise in water supply & storage problem.

Based on the application, the orchard crops and vineyards segment is going to have a lucrative growth during the forecast period owing to the changing consumer lifestyle and increase in disposable income has accentuated the demand for orchard fruits. Increasing food & beverage industry has further upsurged the demand for several orchard fruits including mango, sweet orange, acid lime and sapota for various consumables. Factors such as low labour needs and continuous ideal moisture conditions for orchard crops root development will fuel product application scope.

By geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the countries in the Asia-Pacific region such as China, India, Israel, and Australia produce fruits & vegetables along with an increase in demand from the government to grow forage and turf grasses. With growing awareness among farmers regarding the benefits of using micro-irrigation systems, application on field crops in this region is also rising.

Some of the key players profiled in the Microirrigation Systems Market include The Toro Company, Jain Irrigation Systems Ltd, Rain Bird Corporation, Hunter Industries, Lindsay Corporation, EPC Industries Limited, Netafim Limited, Nelson Irrigation Corporation, Valmont Industries, Inc, and T-L Irrigation.

System Types Covered:
• Micro/Mini Sprinkler Irrigation
• Drip Irrigation
• Central Pivot Irrigation
• Lateral Move Irrigation
• Conventional Sprinkler Irrigation
• Traditional Sprinklers
• Bubbler Irrigation

Applications Covered:
• Orchard Crops and Vineyards
• Field Crops
• Plantation Crops
• Turf & Forage Grasses
• Vegetables
• Residential Gardens
• Nursery
• Greenhouse

End Users Covered:
• Landscape
• Industrial Users
• Government
• Farmers

Components Covered:
• Valves & Filters
• Pump
• Mainlines and Submains
• Injection Equipment
• Flowmeters
• Filters
• Drippers
• Polyethylene Tubing
• Pressure Regulators
• Nozzles
• Fittings/Sprinkler Head
• Coupler
• Backflow Preventers
• Pressure Compensators
• Emitters
• System Control Towers
• Micro Spray

Cultivation Technologies Covered:
• Protected Cultivation
• Open Field

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

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