Redding, California, April 19, 2023 (GLOBE NEWSWIRE) -- According to a new market 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,’ the micro-irrigation systems market is expected to reach $20.2 billion by 2030, at a CAGR of 8.6% from 2023 to 2030.
Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=4970
Micro-irrigation systems are irrigation methods with lower water pressure and flow used in various applications, including agriculture, landscaping, and horticulture. These systems offer several benefits over traditional irrigation methods, including improved water-use efficiency, reduced water waste, soil erosion, and improved crop yields. It is a modern irrigation method that delivers water directly to the plant's root zone in small, frequent, and precise quantities through emitters, drippers, sprayers, or foggers on the surface or subsurface of the land.
Micro-irrigation systems are less labor-intensive and require less maintenance than traditional irrigation methods, making them cost-effective and sustainable for farmers and gardeners. The growth of this market is mainly driven by 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. Integration of artificial intelligence and IoT technologies into irrigation systems and irrigation as a service (IaaS) are trends in the market.
Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=4970
The micro-irrigation systems market is segmented by type (sprinkler irrigation, drip irrigation, spray irrigation, subsurface irrigation, bubbler Irrigation), offering (hardware (drippers, polyethylene tubing, valves, filters, sprays & sprinklers, controllers, sensors, pumping, connectors, pressure regulators, monitoring & controlling devices, other hardware), software (interfacing software, forecasting software, other software), and services), method (smart micro-irrigation and traditional micro-irrigation), crop type (plantation crops, orchard crops & vineyards, field crops, grasslands & grazelands, and other crops), application (agriculture, golf & sports ground, residential, commercial, and other applications), and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.
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 sprinklers or sprayers to distribute water in a controlled manner, improve water-use efficiency and more efficient and effective water delivery to crops. However, the drip irrigation segment is projected to register the highest CAGR during the forecast period due to the surging need for a cost-effective and sustainable solution to improve crop yields while conserving water resources, increasing the use of drip irrigation in row crops, orchards, vineyards, and nurseries with varying water requirements, need to reduce herbicides and manual weeding, improve soil health by delivering water and nutrients directly to crops.
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 and 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.
Quick Buy – Micro-irrigation Systems Market Research Report: https://www.meticulousresearch.com/Checkout/75883902
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 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. This segment is also projected to register the highest CAGR during the forecast period. The large market share of this segment is attributed to the rising adoption of micro-irrigation systems in agriculture to improve crop yields, reduce the need for manual labor, and improve water-use efficiency.
Based on geography, the global micro-irrigation systems market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the global micro-irrigation systems market, followed by Europe and North America. This market is also projected to witness rapid growth during the forecast period. The large market share of Asia-Pacific is mainly attributed to the increasing government initiatives to conserve water, increase crop yields and optimize plant growth, the increasing need for a more sustainable way to irrigate crops and reduce water waste, technological advancements in micro-irrigation, the need to improve soil health by delivering water and nutrients directly to crops, and growing water scarcity in the region.
The report also includes an extensive assessment of the key growth strategies adopted by the leading market participants in the last three to four years. The key players operating in the micro-irrigation systems market are Jain Irrigation Systems Ltd. (India), Valmont Industries, Inc. (U.S.), The Toro Company (U.S.), T-L Irrigation (U.S.), Rivulis Irrigation Ltd. (Israel), Reinke Manufacturing Co., Inc. (U.S.), Rain Bird Corporation (U.S.), Irritec S.p.A (U.S.), Netafim Limited (Israel), Lindsay Corporation (U.S.), Hunter Industries, Inc. (U.S.), Antelco Pty Ltd (Australia), Elgo Irrigation Ltd. (Israel), Harvel Agua India Private Limited (India), and Nelson Irrigation Corporation (U.S.).
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/micro-irrigation-systems-market-4970
Scope of the report:
Micro-irrigation Systems, by Type
- Sprinkler Irrigation
- Drip Irrigation
- Spray Irrigation
- Subsurface Irrigation
- Bubbler Irrigation
Micro-irrigation Systems, by Offering
- Hardware
- Drippers
- Polyethylene Tubing
- Valves
- Filters
- Sprays & Sprinklers
- Controllers
- Sensors
- Pumping
- Connectors
- Pressure Regulators
- Monitoring & Controlling Devices
- Other Hardware
- Software
- Interfacing Software
- Forecasting Software
- Other Software
- Services
Micro-irrigation Systems, by Method
- Smart Micro-irrigation
- Traditional Micro-irrigation
Micro-irrigation Systems, by Crop type
- Plantation Crops
- Orchard Crops & Vineyards
- Field Crops
- Grasslands & Grazelands
- Other Crops
Micro-irrigation Systems, by Application
- Agriculture
- Golf & Sports Ground
- Residential
- Commercial
- Other Applications
Micro-irrigation Systems, by Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Thailand
- Australia & New Zealand
- Philippines
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- South Africa
- Israel
- Turkey
- Rest of the Middle East & Africa
Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=4970
Related Report:
Agricultural Micronutrients Market - Global Opportunity Analysis and Industry Forecast (2020-2027)
https://www.meticulousresearch.com/product/agricultural-micronutrients-market-4997
Agriculture Equipment Market - Global Opportunity Analysis and Industry Forecast (2022-2029)
https://www.meticulousresearch.com/product/agriculture-equipment-market-5374
Irrigation Equipment Market - Global Opportunity Analysis and Industry Forecast (2022-2029)
https://www.meticulousresearch.com/product/irrigation-equipment-market-5378
Agricultural Biologicals Market - Global Opportunity Analysis and Industry Forecast (2022-2029)
https://www.meticulousresearch.com/product/agricultural-biologicals-market-5314
Agriculture Drone Market - Global Opportunity Analysis and Industry Forecast (2019-2025)
https://www.meticulousresearch.com/product/agriculture-equipment-market-5374
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Content Source: https://www.meticulousresearch.com/pressrelease/727/micro-irrigation-systems-market-2030
