Micro Irrigation System Market is witnessing several key trends that collectively shape the industry's trajectory and future landscape. One prominent trend is the growing adoption of precision irrigation technologies. Farmers are increasingly recognizing the benefits of precise water and nutrient delivery to crops, and micro irrigation systems, including drip and sprinkler systems, align seamlessly with this trend. Precision irrigation not only enhances water-use efficiency but also allows farmers to optimize yields and reduce environmental impact, marking a significant trend in the Micro Irrigation System Market.
Sustainability is a driving force in market trends, with a notable emphasis on water conservation and resource efficiency. Micro irrigation systems play a pivotal role in sustainable agriculture by minimizing water wastage and maximizing the effectiveness of irrigation. As water scarcity becomes a global concern, the trend towards sustainable water management practices positions micro irrigation as a crucial component in addressing the challenges of efficient resource utilization in agriculture.
The integration of smart technologies and digital solutions is emerging as a transformative trend in the Micro Irrigation System Market. The advent of sensor-based irrigation management, real-time monitoring, and data analytics allows farmers to make informed decisions regarding irrigation scheduling and optimize resource allocation. This technological trend enhances the precision and efficiency of micro irrigation systems, marking a shift towards smart farming practices in the agriculture sector.
Adoption of micro irrigation systems is also influenced by changing crop patterns and diversification in agriculture. As farmers explore new crops and cropping patterns, the demand for irrigation systems that can cater to specific crop requirements grows. Micro irrigation, with its ability to provide targeted and customized water delivery, becomes an integral part of the evolving agricultural landscape marked by crop diversification and changing cultivation practices.
The trend towards protected agriculture, including greenhouse and polyhouse cultivation, is contributing to the demand for micro irrigation systems. These controlled environment agriculture practices require precise irrigation methods to ensure optimal conditions for plant growth. Micro irrigation, with its ability to deliver water directly to the root zones of plants, aligns well with the requirements of protected agriculture, driving a notable trend in the market.
Water-use efficiency and regulatory considerations are shaping trends in the Micro Irrigation System Market. Governments and regulatory bodies are increasingly promoting water conservation measures, and micro irrigation systems are recognized as effective tools for achieving these goals. Financial incentives, subsidies, and regulations that encourage the adoption of water-efficient irrigation practices contribute to the trend of increased micro irrigation system adoption among farmers.
Market trends also reflect the demand for user-friendly and cost-effective solutions within the Micro Irrigation System Market. As the industry expands, there is a growing emphasis on developing systems that are easy to install, operate, and maintain. This trend is particularly significant for small and medium-sized farmers who seek affordable yet efficient micro irrigation solutions to enhance their farming practices.
The Micro Irrigation System Market is experiencing a trend towards modular and scalable systems. Farmers appreciate the flexibility of systems that can be easily expanded or adapted to varying field sizes and crop types. This trend aligns with the diverse nature of agriculture and the need for irrigation solutions that can cater to the specific requirements of different farming scenarios.
Globalization and market expansion contribute to trends in the Micro Irrigation System Market. As the market continues to expand beyond traditional agricultural regions, there is a growing demand for micro irrigation systems in diverse climates and geographies. This trend emphasizes the adaptability and versatility of micro irrigation solutions to meet the needs of a globalized and dynamic agricultural landscape.
Collaborations and partnerships are emerging as trends that influence the Micro Irrigation System Market. Companies are increasingly engaging in strategic alliances to enhance their product portfolios, access new markets, and leverage complementary technologies. Collaborations with research institutions and agricultural organizations contribute to innovation and the development of advanced micro irrigation solutions, shaping the overall trends within the market.
In conclusion, the Micro Irrigation System Market is characterized by dynamic and evolving trends driven by factors such as precision agriculture, sustainability, smart technologies, changing crop patterns, protected agriculture, water-use efficiency, regulatory considerations, user-friendly solutions, modular designs, globalization, and collaborative initiatives. As these trends continue to shape the industry, the Micro Irrigation System Market is poised to play a pivotal role in advancing efficient and sustainable irrigation practices in agriculture globally.
The micro irrigation system market size was valued at USD 665.42 million in 2023. The micro irrigation system industry is projected to grow from USD 698.78 million in 2024 to USD 1024.15 million by 2032, exhibiting a compound annual growth rate (CAGR) of 4.89% during the forecast period (2024 - 2032).Growth in greenhouse vegetable production, increasing use of artificial intelligence in micro irrigation system, and higher yield requirements are the key market drivers enhancing the micro irrigation system market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
A major alternative to overcoming yield issues is cultivating flowers and vegetables in greenhouses. ‘Increasingly, farmers are turning to greenhouses as they provide year-round production. It is commonly found for greenhouses in the country to be equipped with micro irrigation systems. A drip irrigation system is the most common micro irrigation system in greenhouses.
Further, over the past few years, greenhouse revenues have also increased. For instance, according to Statistics Canada, by 2021, greenhouse sales, nursery sales, field cut flowers, and sod sales had increased 7.5% to USD 4.7 billion. In addition to growth in greenhouse revenue, the micro irrigation systems market is also experiencing growth in sales.
Additionally, most greenhouses are used to grow leafy vegetables, capsicums, flowers, and tomatoes. Greenhouses and micro irrigation systems are being subsidized by the country's central and state governments. The Indian government, for instance, aims to irrigate 100 lakh hectares under micro-irrigation within five years in the 2021 budget. A similar number of farmers benefited from drip and sprinkler irrigations in 2019-20. As a result, state governments are increasingly intervening in the micro irrigation systems through subsidies and investing in technology to make their products more efficient and effective; this is expected to result in further micro irrigation systems market growth.
However, governments across agro-dominant countries of Asia are encouraging farmers to use irrigation techniques that use less water to produce crops sustainably is another factor driving the growth of the micro irrigation system market revenue.
The micro irrigation system market segmentation, based on type, includes drip irrigation and sprinkler irrigation. The drip irrigation system segment held the majority share in 2021, contributing to around ~60% of the micro irrigation system market revenue. Moreover, drip irrigation is growing in popularity among field crop producers due to its precise application, making it an increasingly popular producers. Additionally, the market for drip irrigation is supported by an increase in the price of field crops, a reduction in water usage, and the adoption of sustainable irrigation methods. In addition, the rise of the population raises the demand for food, increasing drip irrigation sales. Ultimately boost the demand for the micro irrigation systems in the market.
August 2022 The Colorado government has declared a severe drought due to the Colorado River south basin water crisis. In response to the adverse effects of the drought on the Colorado River, Colorado's agricultural minister, Kyrsten Sinema, announced a USD 4 billion compensation. Reforming the river's dams, developing its infrastructure, and utilizing water efficiently through drip irrigation are among the tasks that will be undertaken with these funds. For plants to grow properly, drip irrigation provides them with proper water and nutrition.
February 2021 Among Rother Farming's new products are micro irrigation systems known as the N-Drip. Adaptable irrigation systems are designed to save approximately 25% water without requiring as much capital as lateral irrigation systems.
The micro irrigation system market segmentation, based on crop type, includes plantation crops, field crops, landscape, and others. The plantation crop segment dominated the micro irrigation systems market in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030. Many horticulture crops, such as fruits and vegetables, require a specific environment to grow properly, which is why this type of irrigation is ideal for them. demand for cash and high-value crops is driving the growth of micro irrigation systems market. Additionally, the micro irrigation systems market's growth is accelerated by the suitability of drip irrigation systems for producing a variety of orchard crops, including tomatoes, bananas, beetroots, and others.
August 2021 In collaboration with The Consulate General of Israel to South India, Jain Irrigation Systems, United Planters' Association of Southern India (UPASI), and NaanDanJain Irrigation launched a Smart IoT Irrigation Project in Tea Plantations in Ooty, Tamil Nadu. Israeli scientists have developed Smart IoT Irrigation, a cutting-edge technique that judiciously uses water and helps farmers achieve higher crop yields with less water usage. This advancement has further broadened the growth opportunity for the micro irrigation system industry.
Figure 2: Micro Irrigation System Market, by Crop Type, 2021 & 2030 (USD Million)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Additionally, the field crops segment is poised to grow during the forecast period due to increased efforts by market players to develop low-cost and budget-friendly systems.
By region, the study provides micro irrigation systems market insights into North America, Europe, Asia-Pacific and the Rest of the World. Asia Pacific micro irrigation system market, which accounted for USD 282.82 million in 2021, is expected to exhibit a significant CAGR during the study period. Owing to factors such as the adoption of micro irrigation systems by rural farmers and the growing demand for organic products. Further, A high adoption of advanced irrigation systems such as drip and sprinkler irrigation is occurring as the region shifts its focus toward developing new irrigation systems.
Further, the major countries studied in the micro irrigation systems market report are: The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: MICRO IRRIGATION SYSTEM MARKET SHARE BY REGION 2021 (%)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Middle-East and African micro irrigation system market accounts for the second-largest market share. Due to urbanization and well-maintained drainage systems, market demand is increasing in this region. Further, the government's increased investment in improving the living standard contributes to the economy's growth. Further, the South African micro irrigation system market held the largest market share in the Rest of the world region
The North American micro irrigation system market is expected to grow at the fastest CAGR from 2022 to 2030. A growing awareness of advanced precision farming techniques in countries such as the U.S. and Mexico and their widespread adoption among farmers are spurring the growth of this market. Moreover, the U.S. micro irrigation system market held the largest market share, and the Canadian micro irrigation system market was the fastest-growing market in the North American region.
For instance, Toro announced in March 2020 that it would acquire Venture Products, Inc (US), a leading innovator in turf and landscape management equipment. The acquisition will help Toro expand its US product portfolio.
Major market players are spending a lot of money on R&D to increase their product lines, which will help the micro irrigation system market grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Micro irrigation system competitors must offer cost-effective items to expand and survive in an increasingly competitive and rising micro irrigation systems market environment.
One of the primary business strategies manufacturers adopt in the micro irrigation system industry to benefit clients and expand the market sector is manufacturing locally to reduce operating costs. In recent years, the micro irrigation system industry has provided better yields with some of the most significant benefits. The micro irrigation system markets major player such as Netafim Limited (Israel), The Toro Company (US), Metro Irrigation (India), Lindsay Corporation (US), and others are working on expanding the market demand by investing in research and development activities.
Netafim Limited (Israel) The Company provides irrigation equipment and water technologies for agriculture, landscape, and mining, including irrigation drips, sprinklers, valves, and flexible pipes. Customers around the world benefit from Netafim's services. In March 2020, A collaboration between Netafim Limited and FluroSat (Australia), a leader in remote sensing and analytics, was announced to integrate FluroSat's data into NetBeat, the company's cloud-based platform for automated irrigation and fertigation. This way, Netafim Limited's customers could get irrigation recommendations tailored to their specific sites.
Also, Lindsay Corporation (US) manufactures and sells irrigation equipment used to irrigate crops, including center pivots and lateral moves. A part of the Company's business is outsourcing manufacturing and production services to original equipment manufacturers in the United States. In July 2020, in announcing the acquisition of Net Irrigate, LLC (US), Lindsay Corporation acquired a company providing remote monitoring solutions to irrigation customers through the Internet of Things. By acquiring the company, the company would be able to expand its irrigation technology offerings.
Recent News:
Netafim India has introduced an innovative irrigation system with anti-clogging technology that guarantees optimal nutrient and water delivery in October 2023. By 2025, the organization intends to utilize the new system on 25,000 hectares and reach 35,000 producers throughout the nation.
Rivulis, a global leader in micro irrigation solutions, makes the most exhaustive body of information on drip irrigation available to farmers and agribusinesses worldwide for free in November 2023. An industry-leading initiative that provides drip irrigation professionals with the means to enhance their skills and ensure that their operations are of the highest caliber in order to optimize yield and quality. Sustaining commercial viability in the agricultural sector is becoming increasingly difficult due to the ongoing pressure on profit margins. The complexities exacerbated by climate change make proper irrigation more crucial than ever before. Enhancing quality and yields is the primary aim of every agricultural endeavor, and this is accomplished via the manipulation of climate, nutrition, water, and genetics. One of these four major factors is water, which can be regulated with the help of drip irrigation solutions, such as those offered by Rivulis. These systems deliver water and plant nutrients directly to the roots of the plants, thereby conserving water and nutrients. Containing four modules, the Irrigation Drip Guide is accessible via the Rivulis Knowledge Hub.
May 2020:In order to prevent clogs, Toro introduced Toro Aqua-Traxx Azul drip tape. In order to maximize clog resistance and performance, the drip tape is designed to have a filter inlet and optimized flow passages.
March 2020:A new platform for environmental data services and automatic irrigation control has been launched by Jain Irrigation Systems Limited. Artificial intelligence and predictive analytics were used for the first time in a smart irrigation solution for landscape management.
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