Micro Irrigation Systems Market Size To Hit US$ 23.4 Billion By 2032 Grow CAGR By 7.8%

(MENAFN- EIN Presswire) Micro Irrigation Systems market Size to Hit US$ 23.4 Billion by 2032 | Grow CAGR by 7.8%

UNITED STATES, July 17, 2024 /EINPresswire / -- IMARC Group's report titled "Micro Irrigation Systems Market Report by Type (Drip Irrigation System, Sprinkler Irrigation System), Crop Type (Field Crops, Orchard Crops, Landscape and Turf, and Others), End User (Agricultural, Industrial), and Region 2024-2032". The global micro irrigation systems market size reached US$ 11.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 23.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.8% during 2024-2032.

Grab a sample PDF of this report:

Factors Affecting the Growth of the Micro Irrigation Systems Industry:

● Water Scarcity and Conservation:

Micro irrigation systems, such as drip and sprinkler irrigation, deliver water directly to the plant roots in a controlled manner, reducing water wastage compared to traditional flood irrigation. These systems minimize water loss due to evaporation and runoff, ensuring that a higher percentage of water reaches the plants. In regions facing water scarcity, efficient use of available water is crucial. Micro irrigation systems allow farmers to make the most of limited water supplies, ensuring sustainable crop production.

● Technological Advancements:

The integration of automation and smart technologies, such as Internet of Things (IoT) devices, sensors, and controllers, allows for precise water delivery based on real-time data. This optimizes water usage and enhances crop yields. Advanced micro irrigation systems can deliver water and nutrients directly to the root zone of plants with high precision, reducing waste and improving efficiency. The use of remote sensing technology, such as satellite imagery and drones, allows for the monitoring of soil moisture levels, crop health, and weather conditions. This data can be used to adjust irrigation schedules and amounts in real-time.

● Government Initiatives and Subsidies:

Many governments offer subsidies to reduce the cost of purchasing micro irrigation systems. These subsidies make it more affordable for farmers to invest in advanced irrigation technologies. Governments provide grants and low-interest loans specifically for the adoption of micro irrigation systems. This financial assistance helps farmers, especially smallholders, to implement these systems without significant financial burden. Policies aimed at promoting water conservation encourage the adoption of efficient irrigation systems. Governments may mandate the use of water-saving technologies in agriculture, driving the demand for micro irrigation.

Ask Analyst for Sample Report:

Leading Companies Operating in the Global Micro Irrigation Systems Industry:

● 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.
● The Toro Company.

Micro Irrigation Systems Market Report Segmentation:

By Type:

● Drip Irrigation System
● Sprinkler Irrigation System

Drip irrigation system represents the largest segment as drip irrigation systems are the most efficient in water usage, delivering water directly to plant roots and minimizing evaporation and runoff.

By Crop Type:

● Field Crops
● Orchard Crops
● Landscape and Turf
● Others

Orchard crops account for the majority of the market share. Orchard crops, which include high-value fruits and nuts, benefit significantly from precise water delivery provided by micro irrigation systems, enhancing yield and quality.

By End User:

● Agricultural
● Industrial

Agricultural holds the biggest market share due to the need for efficient water management to improve crop productivity and sustainability.

Regional Insights:

● North America (United States, Canada)
● Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
● Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
● Latin America (Brazil, Mexico, Others)
● Middle East and Africa

Asia Pacific enjoys the leading position in the micro irrigation systems market on account of the large agricultural base, increasing water scarcity, and strong government support and subsidies for modern irrigation technologies.

Global Micro Irrigation Systems Market Trends:

The adoption of IoT, AI, and machine learning (ML) in micro irrigation systems is increasing, enabling precise water management through automated and data-driven irrigation practices. There is a growing emphasis on sustainable agriculture, with micro irrigation systems playing a critical role in water conservation, reducing environmental impact, and improving crop yields. Governments worldwide are providing subsidies, grants, and policy support to promote the use of micro irrigation systems, which helps farmers adopt these technologies more easily. Enhanced awareness campaigns and training programs are educating farmers about the benefits of micro irrigation systems, leading to increased adoption, especially in developing regions.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Other Related Reports By IMARC Group

Bioprocess Validation Market:

Contraceptive Drugs Market:

Dating Services Market:

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Elena Anderson
IMARC Services Private Limited
+ +1 631-791-1145
email us here

MENAFN18072024003118003196ID1108453417