Micro Irrigation Systems Market By Product (Sprinkler Irrigation Systems, Drip Irrigation Systems), By Type (Sprinkler Irrigation Systems :Traditional Sprinklers, Center Pivot Sprinklers, Linear Move Sprinklers ; Drip Irrigation Systems: Drippers, Tubing, Backflow Preventers, Valves, Filters, Pressure Regulators, Fittings), By Application (Agriculture, Large Gardens, Public Places and Sports Grounds) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Micro irrigation systems are water efficient irrigation systems that deliver water with minimum losses. Micro irrigation systems are among the most promising ways of achieving productive agricultural practices. The demand for these systems is mainly driven by the rising water management issues coupled with need for higher food production. As a result, many national governments are taking initiatives for achieving higher penetration of micro irrigation systems. 

This is another factor fueling the micro irrigation systems market growth. Micro irrigation systems are used for different applications including agriculture, public parks, large gardens, sports grounds and others. The micro irrigation systems market worldwide was valued at US$ 3,462.7 Mn in 2014. The market is expected to expand with a CAGR of 11.2% during the forecast period from 2015 to 2022.

Purpose of the Report

The purpose of this strategic research study titled “Global Micro Irrigation Systems Market- Growth, Share, Opportunities and Competitive Analysis, 2015 – 2022” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global micro irrigation systems industry.

Target Audience

• Industry Investors
• Micro Irrigation Systems Manufacturers
• Non-profit Organizations
• Micro Irrigation Component Manufacturers
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USPs and Key Offerings

The report titled “Global Micro Irrigation Systems Market- Growth, Share, Opportunities and Competitive Analysis, 2015 – 2022” offers strategic insights into the global micro irrigation systems market along with the market size and estimates for the duration 2013 to 2022. The said research study covers in-depth analysis of multiple market segments based on product types, components, applications and cross-sectional study across different geographies. The market revenue for agriculture segment has been evaluated including large corporate farms and private farms. In order to help strategic decision makers, the report also includes competitive profiling of the leading micro irrigation system manufacturers, their SCOT (Strength, Challenges, Opportunities and Weaknesses) analysis, market positioning and key developments. Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the micro irrigation systems industry
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Value Chain Analysis
• Trailing 2-Year market size data (2013 – 2014)
• SRC (Segment-Region-Country) Analysis
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Overall, the research study provides a holistic view of the global micro irrigation systems market, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

Application Segmentation Analysis

On the basis of applications, the micro irrigation systems market is segmented into following categories:

• Agriculture
• Gardens, Public Places and Sports Grounds
• Others (Nurseries, Greenhouses, Residential etc.)

As of 2014, the global micro irrigation systems market was led by the agriculture segment. The segment accounted for a market share, in terms of revenue, of over 62% of the total market. Agriculture is the prime and most traditional application of micro irrigation systems, worldwide. Additionally, with rising population, water scarcity issues and food requirement, it becomes essential to increase agricultural yields with minimum wastage of natural resources. Many national governments are now making efforts towards development of their agriculture sector which includes micro irrigation as an important component. Thus, the demand for micro irrigation systems is expected to remain strong in agriculture during the forecast period.

Additionally, due to increasing efforts for advancement of agriculture sector in India and China, the demand for micro irrigation systems is estimated to expand significantly in the coming years. Hence, the segment is projected to retain its dominant position in the market throughout the forecast period. Nevertheless, the others segment is expected to register the highest growth rate, in terms of adoption and revenue, in the market during the forecast period. People are increasingly shifting towards greenhouse farming for cultivating variety of crops. Due to growing practice of greenhouse farming, the demand for small scale micro irrigation systems is expected to spur substantially in the coming years.

Geography Segmentation Analysis

The global micro irrigation systems market has been segmented, on the basis of geographical regions, as per following regions and countries:

• North America
  • U.S.
  • Rest of North America
• Europe
  • EU7
  • CIS
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australasia
  • Rest of Asia Pacific
• Rest of the World
  • Middle East and Africa
  • Latin America
  •  

As of 2014, the global micro irrigation systems market is dominated by North America region accounting for over one third of the total market revenue. Agriculture sector in North America is well developed with strong penetration of micro irrigation systems. Additionally, significant proportion of agriculture in the region is equipped with mechanized irrigation systems such as center pivot and linear move irrigation systems. Due to this the region is expected to retain its dominant position in the market throughout the forecast period.

Asia Pacific is estimated to register the highest growth in market during the forecast period. The demand for micro irrigation is expected to be mainly driven by India and China. India and China have large agricultural sectors with the two countries being among the largest producers of agricultural products, globally. Nevertheless, the penetration of micro irrigation systems is relatively less in the countries making them highly lucrative for micro irrigation systems. Further, regions such as North Africa and Latin America are also expected to witness strong adoption in micro irrigation systems in the coming years.

Hismation: Micro Irrigation Systems

Due to uneven and unreliable rain distribution over different geographical landscapes, it becomes difficult to carry productive agricultural practices without any reliable source of water. This makes adoption of supplementary water supply system essential for agriculture. Irrigation refers to an artificial water supply arrangement designed for supplying water to agricultural farms. Due to growing scarcity of water resources globally, it is advisable as well as necessary to use effective irrigation technique thereby curbing water wastage. Additionally, with rising population worldwide coupled with requirement of higher food production, it becomes important to carry productive agricultural practices. Micro irrigation systems are the most efficient and reliable methods of irrigation for carrying productive agriculture.

The concept of irrigation has been in existence since several centuries across different parts of the world. Traditionally, non-mechanical irrigation techniques including types such as flood irrigation, furrow irrigation, lift irrigation and others were dominant which resulted in greater water losses. As a result, the concept of micro irrigation came up which focuses on frugal use of water for different applications. The most common types of micro irrigation systems are drip irrigation and sprinkler irrigation systems. Over the period of time, these systems have become fairly popular worldwide due to their better efficiency as compared the traditional irrigation techniques.

Although the concept of drip and sprinkler irrigation systems has been into existence since more than a century, the commercial application of these systems was achieved in the mid-twentieth century. Sprinkler irrigation systems have become popular since the early 1930s, whereas the drip irrigation systems have been under development since 1860s. Since these irrigation systems offer better water efficiency, these are by far the most commonly used micro irrigation systems worldwide. Due to usability across wide range of applications, sprinkler irrigation systems currently dominate the overall micro irrigation systems.

Sprinkler irrigation systems segment considered in this report include traditional sprinklers (impact sprinklers), center pivot and linear move sprinkler systems. Soon after commercial adoption of traditional sprinklers, mechanized sprinkler systems i.e. center pivot and linear move were invented in the U.S. These sprinkler systems provide precise water supply as compared to the traditional sprinklers however, are costlier. Nevertheless, the drip irrigation systems are by far the most efficient with water efficiency ranging more than 90%. Netafim Ltd., one of the leading players in the market, claims to have developed the first drip irrigation system.

On the basis of geographic regions, the micro irrigation systems market varies significantly as per the agricultural and climatic conditions of different regions. Considering the present micro irrigation systems market scenario, countries such as the U.S., Israel and Australia are developed markets with high penetration of these irrigation systems. India and China collectively account for the largest arable land with micro irrigation penetration among the lowest. Thus, the market for micro irrigation systems is yet to become mature in these countries and holds large room for further penetration.