Micro Irrigation Systems Market Predicted to Hit US$ 18.2 Billion by 2028

IMARC Group, a leading market research company, has recently releases report titled “Micro irrigation systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global micro irrigation systems market trends, growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

What is Micro irrigation systems?

Micro irrigation systems, often referred to as drip irrigation systems, represent progressive irrigation techniques designed to deliver precise and controlled amounts of water directly to the root zones of plants. These systems consist of a network of pipes, emitters, valves, and controllers, enabling the efficient distribution of water to various applications, including crops, gardens, and landscapes. By delivering water directly to the roots, they optimize nutrient absorption while minimizing water loss through evaporation and runoff. Their capacity to enhance water efficiency and conservation has driven a growing global demand for micro irrigation systems.

How Big Is the Micro irrigation systems Market?

The global micro irrigation systems market size reached US$ 10.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 18.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.9% during 2023-2028.

Global Micro irrigation systems Market Trends and Drivers:

Currently, the market is experiencing robust growth, primarily fueled by the increasing utilization of micro irrigation systems by farmers. These systems are being deployed to enhance crop yields while simultaneously reducing water usage and production costs, making them a key driver of market expansion. In addition to this, the rising adoption of micro irrigation systems is driven by the growing demand for efficient water management and sustainable agricultural practices, which further augments the market’s positive outlook. Furthermore, the increasing awareness of water conservation practices is a significant factor bolstering market growth. Moreover, the rising adoption of micro irrigation systems is attributed to their flexibility in water delivery, enabling farmers to fine-tune water supply, which is a key driver of market expansion. Additionally, the efficient delivery of water and nutrients to crops through micro irrigation systems is contributing to the market’s growth.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Type:

• Drip Irrigation System

• Sprinkler Irrigation System

Breakup by Crop Type:

• Field Crops

• Orchard Crops

• Landscape and Turf

• Others

Breakup by End User:

• Agricultural

• Industrial

Breakup by Region:

• 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

List of Major Key Players:

The competitive landscape of the industry has 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. and The Toro Company.