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Microirrigation Systems Trends and Forecast
The future of the global microirrigation systems market looks promising with opportunities in the farmer and industrial user markets. The global microirrigation systems market is expected to reach an estimated $20.9 billion by 2030 with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are development in hydraulics and drip irrigation systems, growing adoption of innovative farming methods, rapid growth in greenhouse vegetable production, as well as, rising preference for the use of AI in microirrigation systems.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Microirrigation Systems by Segment
The study includes a forecast for the global microirrigation systems by crop type, type, end use, technology, and region
Microirrigation Systems Market by Crop Type [Shipment Analysis by Value from 2018 to 2030]:
• Orchard Crops & Vineyards
• Field Crops
• Plantation Crops
• Others
Microirrigation Systems Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Drip
• Micro-Sprinkler
Microirrigation Systems Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Farmers
• Industrial Users
• Others
Microirrigation Systems Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Microirrigation Systems Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies microirrigation systems companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the microirrigation systems companies profiled in this report include-
• Jain Irrigation Systems
• The Toro
• Nelson Irrigation
• Rain Bird
• Finolex Plasson
• Chinadrip Irrigation
• Netafim
• Rivulis
• Antelco
Microirrigation Systems Market Insights
Lucintel forecast that drip is expected to witness highest growth over the forecast period because it includes using drips or dripper emitters to precisely and frequently water small amounts of plants, and these techniques aid in protecting the soil, increasing agricultural output, cultivating large areas of crops, and decreasing the pace of salinization.
Within this market, farmers will remain the largest segment because of the progress in agricultural productivity owing to the usage of microirrigation systems worldwide.
APAC will remain the largest region over the forecast period because of increasing use of sophisticated microirrigation systems, such as drip and micro-sprinkler irrigation for fertigation, increasing use of microirrigation systems by rural farmers, and rising demand for organic products.
Features of the Global Microirrigation Systems Market
Market Size Estimates: Microirrigation systems market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Microirrigation systems market size by crop type, type, end use, and region in terms of value ($B).
Regional Analysis: Microirrigation systems market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different crop type, type, end use, and regions for the microirrigation systems market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the microirrigation systems market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the microirrigation systems market size?
Answer: The global microirrigation systems market is expected to reach an estimated $20.9 billion by 2030.
Q.2 What is the growth forecast for microirrigation systems market?
Answer: The global microirrigation systems market is expected to grow with a CAGR of 9.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the microirrigation systems market?
Answer: The major drivers for this market are development in hydraulics and drip irrigation systems, growing adoption of innovative farming methods, rapid growth in greenhouse vegetable production, as well as, rising preference for the use of AI in microirrigation systems.
Q4. What are the major segments for microirrigation systems market?
Answer: The future of the global microirrigation systems market looks promising with opportunities in the farmer and industrial user markets.
Q5. Who are the key microirrigation systems market companies?
Answer: Some of the key microirrigation systems companies are as follows:
• Jain Irrigation Systems
• The Toro
• Nelson Irrigation
• Rain Bird
• Finolex Plasson
• Chinadrip Irrigation
• Netafim
• Rivulis
• Antelco
Q6. Which microirrigation systems market segment will be the largest in future?
Answer: Lucintel forecast that drip is expected to witness highest growth over the forecast period because it includes using drips or dripper emitters to precisely and frequently water small amounts of plants, and these techniques aid in protecting the soil, increasing agricultural output, cultivating large areas of crops, and decreasing the pace of salinization.
Q7. In microirrigation systems market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period because of increasing use of sophisticated microirrigation systems, such as drip and micro-sprinkler irrigation for fertigation, increasing use of microirrigation systems by rural farmers, and rising demand for organic products.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the microirrigation systems market by crop type (orchard crops & vineyards, field crops, plantation crops, and others), type (drip and micro-sprinkler), end use (farmers, industrial users, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to microirrigation systems market or related to microirrigation systems companies, microirrigation systems market size, microirrigation systems market share, microirrigation systems market growth, microirrigation systems market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Microirrigation Systems Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Microirrigation Systems Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Microirrigation Systems Market by Crop Type
3.3.1: Orchard Crops & Vineyards
3.3.2: Field Crops
3.3.3: Plantation Crops
3.3.4: Others
3.4: Global Microirrigation Systems Market by Type
3.4.1: Drip
3.4.2: Micro-Sprinkler
3.5: Global Microirrigation Systems Market by End Use
3.5.1: Farmers
3.5.2: Industrial Users
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Microirrigation Systems Market by Region
4.2: North American Microirrigation Systems Market
4.2.1: North American Microirrigation Systems Market by Type: Drip and Micro-Sprinkler
4.2.2: North American Microirrigation Systems Market by End Use: Farmers, Industrial Users, and Others
4.3: European Microirrigation Systems Market
4.3.1: European Microirrigation Systems Market by Type: Drip and Micro-Sprinkler
4.3.2: European Microirrigation Systems Market by End Use: Farmers, Industrial Users, and Others
4.4: APAC Microirrigation Systems Market
4.4.1: APAC Microirrigation Systems Market by Type: Drip and Micro-Sprinkler
4.4.2: APAC Microirrigation Systems Market by End Use: Farmers, Industrial Users, and Others
4.5: ROW Microirrigation Systems Market
4.5.1: ROW Microirrigation Systems Market by Type: Drip and Micro-Sprinkler
4.5.2: ROW Microirrigation Systems Market by End Use: Farmers, Industrial Users, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Microirrigation Systems Market by Crop Type
6.1.2: Growth Opportunities for the Global Microirrigation Systems Market by Type
6.1.3: Growth Opportunities for the Global Microirrigation Systems Market by End Use
6.1.4: Growth Opportunities for the Global Microirrigation Systems Market Region
6.2: Emerging Trends in the Global Microirrigation Systems Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Microirrigation Systems Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Microirrigation Systems Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Jain Irrigation Systems
7.2: The Toro
7.3: Nelson Irrigation
7.4: Rain Bird
7.5: Finolex Plasson
7.6: Chinadrip Irrigation
7.7: Netafim
7.8: Rivulis
7.9: Antelco
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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