Micro Irrigation Systems Market
Micro Irrigation Systems Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Drip, Micro sprinkler
- By End User Farmers, Industrial users, Other end users (usage by government authority, community parks, and sports ground)
- By Crop Type Orchard crops & vineyards, Plantation crops, Field crops, Other crop types (turf & ornamentals, and silage & forage crops)
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 10260.17 Million |
Revenue 2030: | USD 20444.05 Million |
Revenue CAGR (2023 - 2030): | 9.00% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Micro Irrigation Systems Market by Type by End User by Crop Type - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
During the primary research, several interviews were conducted with industry experts including CEOs, presidents, marketing executives, product development teams, and other such key executives from Micro Irrigation Systems industry. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview enables to gain first-hand information on global market size, regional and segmental trends, competitive landscape, industry impacting factors, and future market projection trends among others.
Data Triangulation and Market Size Estimations
After procuring data from secondary and primary research, both bottom-up and top-down approaches were utilized to process the data and estimate and validate the global Micro Irrigation Systems market size. Moreover, the same approaches were employed to estimate the market size for each segment/region/country. Apart from that, the data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market. All the market numbers i.e. percentage shares, segmental splits, breakdown of various numbers were determined from secondary sources and validated through extensive primary research before data triangulation.
FAQ
Frequently Asked Question
What is the global demand for Micro Irrigation Systems in terms of revenue?
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The global Micro Irrigation Systems valued at USD 10260.17 Million in 2022 and is expected to reach USD 20444.05 Million in 2030 growing at a CAGR of 9.00%.
Which are the prominent players in the market?
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The prominent players in the market are Jain Irrigation Systems Limited (India), Netafim Limited (Israel), The Toro Company (US), Lindsay Corporation (US), EPC Industries (India), Nelson Irrigation Corporation (US), Rain Bird Corporation (US), T-L Irrigation (US), Hunter Industries (US), Rivulis Irrigation Ltd (Israel), Chinadrip Irrigation Equipment Co., Ltd. (China), Elgo Irrigation (Israel), Antelco Pty Ltd (Australia), Microjet Irrigation Systems (South Africa), Irritec (US), Metro Irrigation (India), Irritec S.p.A. (Italy), Irrigation Direct Canada (Canada), Drip Research Technology Solutions (Turkey), DripWorks Inc. (US), and Raindrip, Inc. (US)..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 9.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Micro Irrigation Systems include
- efficient use of water resources in drought conditions, low-cost irrigation techniques, and rise in the utilization of artificial intelligence in irrigation systems
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Micro Irrigation Systems in 2022.