Micro Irrigation Systems Market Size, Share & Trends Analysis Report By Product (Sprinkler, Drip, Central Pivot, Lateral Move), By Crop, By Application, By Region, And Segment Forecasts, 2016 - 2025

Industry Insights

The global micro irrigation systems market size was estimated at USD 8,154.3 million in 2015 and is expected to gain momentum over the forecast period. The increasing global food demand and growing population size, especially in emerging nations of the Asia Pacific and Latin America region are expected to be the primary driver for propelling the market growth. Also, the rising need for water conservation, primarily in arid regions, is further accelerating the demand for these systems.

Micro agricultural systems help in reducing water wastage and eliminate soil erosion, as a result of which the market is anticipated to witness phenomenal demand among emerging nations. Small-scale farmers are emphasizing on implementing these systems to increase crop yields by utilizing minimum water. Moreover, increasing technological advancements in micro irrigation systems are offering ubiquitous ease to large land farmers in the agricultural sector and large lawn owners in the household sector to control and monitor the water flow and intake of plants.

Micro-irrigation systems such as drip and sprinklers reduce the water consumption of crops and increase the yield. Local governments across the globe are encouraging farmers to implement these products, which favors the market growth and stimulates various market participants to develop efficient and low-cost micro-irrigation products.

Emerging economies in regions such as the Asia Pacific and Latin America are expected to drive the demand for these products due to favorable government policies such as low-interest loans and subsidies for farming. Such benefits are anticipated to energize the industry growth prospects.

Furthermore, added advantages such as high crop yield, better efficiency, and cost-effectiveness offered by micro agricultural systems are presumed to play a key role in promoting the usage of micro and mechanized irrigation systems.

Product Insights

The drip product segment dominated the product segment and was valued at USD 2,878.3 million in 2015. The suitability of these systems for the cultivation of food crops is expected to foster their market growth over the forecast period.

The less water consumption ability and lower cost of drip systems are some of the major factors driving the segment growth. Moreover, the growing trend of sustainable irrigation methods is stimulating the adoption of drip systems to a large scale.

The adoption of sprinklers is also anticipated to witness significant growth, as it helps in displacing water over large distances, thereby improving water consumption efficiency. Also, the growing advancements such as automation in sprinkler systems, and the benefits of convenience safety and aesthetics offered by them is acting as another driver for their increasing demand.

Moreover, the low costs incurred in the production of the sprinkler in the Asia Pacific region have aided the key market participants in establishing manufacturing divisions. This has further enabled the availability of sprinkler systems to rural areas that mainly practice micro-irrigation.

Crop Insights

Orchard crops segment acquired the largest market share and was valued at USD 2,873.6 million in 2016. The segment is also presumed to emerge as the fastest-growing segment, followed by field crops, and plantation crops, so forth. Significant growth in orchard crops can be attributed to the increasing cultivation and export of fruits and nuts mainly from the Asia Pacific region.

Plantation crops also show considerable growth owing to the high consumption of tea and coffee products worldwide. Field crops have observed lower penetration of micro and mechanized irrigation systems, which is stemmed from the presence of small arable lands in emerging countries such as India and China. Government subsidies and incentives for the implementation of micro and mechanized irrigation systems are now expected to attract small landowners to opt for these systems for field crops.

The growing trend of micro-farming of plantation and orchard crops in residential properties is remarkably contributing toward the growth of this segment over the forecast period. The cultivation of field crops such as cotton, wheat, maize, and corn further promotes the usage of products such as central pivot and lateral move. These products cater to the water conservation requirements over a large area.

Application Insights

The agriculture segment possessed the largest market share in 2016 and was valued at USD 3,346.6 million. This can be largely attributed to the fact that agriculture is one of the major occupations in various regions. Moreover, the emerging economies practice agriculture on a large scale, which consequently increases the adoption of micro irrigation systems in such regions.

The low cost of production makes it easily affordable for customers in emerging nations of the Asia Pacific and Latin American regions. Advancements made in irrigation techniques, such as spraying equipment and pumping units, have stimulated the demand for these systems in the greenhouse application segment.

Green House segment is also presumed to witness significant growth over the forecast period, owing to the increasing demand for cost and water-efficient methods of conducting agriculture activities. Also, the rising cost of electricity and water, along with the self-conscious about the depleting climatic conditions, greenhouse owners, home gardeners, and hobbyists are preferring increasingly implementing tools and techniques to increase efficiency.

Regional Insights

North America occupied a significant share in the global market and was valued at USD 2,397.9 million. The growth in North America is characterized primarily by the concentration of key market participants such as Lindsay Corporation, Nelson Irrigation Corporation, and Rain Bird Corporation that develop reliable micro-irrigation products. The presence of key industry players in North America further promotes the development of robust micro and mechanized irrigation systems in the region.

Government initiatives, such as the North America Climate Smart Agricultural Initiative, enable the collaboration of farmers and industry participants in this region. Moreover, the increasing realization about water conservation in the U.S. is acting as yet another driver for propelling the regional market growth.

However, Asia Pacific regional market is presumed to emerge as the fastest-growing region with a CAGR of over 17% from 2016 to 2025. This can be attributed primarily to the fact that the Asia Pacific is an agricultural region with its major income coming from crop cultivation. Moreover, increasing subsidies by the government for the utilization of micro irrigation systems is also responsible for such significant growth in the region.

The MEA region is also witnessing a remarkable industry growth as micro and mechanized irrigation systems have substantially strengthened the green revolution in countries such as Israel. The availability of large arable lands results in an increased economical and profitable implementation of micro and mechanized irrigation systems.

Micro Irrigation Systems Market Share Insights

Prominent players dominating the industry include Jain Irrigation Systems Ltd., Mahindra EPC Irrigation, Nelson Irrigation Corporation, Lindsay Corporation, Netafim Limited, Rain Bird Corporation, T-L Irrigation Co., The Toro Company, Rivulis Irrigation, and Valmont Industries, Inc., among others.

Industry players primarily focus on developing sophisticated and innovative products based on extensive research & development. These products offer features such as high efficiency, reliability, and low cost. The market is fairly competitive with most of the players focusing mainly on growth opportunities in developing regions such as the Asia Pacific.

The market is also observed experiencing frequent mergers and acquisitions. System manufacturing companies are constantly engaging in strategic partnerships with wireless solution companies to give a technologically enabled push to their products. Moreover, growing technological advancements such as GPS and remote control in a lateral move, sprinklers, and central pivots are some of the new trends that are continuously shaping up the marketplace.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of industry trends in each of the sub-segments from 2014 to 2025. For this study, Grand View Research has segmented the global micro irrigation systems market report based on product, crop, application, and region:

• Product Scope (Revenue, USD Million; 2014 - 2025)

  • Sprinkler

    • Tubing

    • Pumping unit

    • Fittings/Sprinkler head

    • Coupler

  • Drip

    • Tubing

    • Backflow Preventers

    • Valves

    • Filters

    • Pressure Regulators

    • Pressure Compensators

  • Central Pivot

  • Lateral Move

• Crop Scope (Revenue, USD Million; 2014 - 2025)

  • Plantation Crops

  • Orchard Crops

  • Field Crops

  • Forage & Grass

  • Others

• Application Outlook (Revenue, USD Million; 2014 - 2025)

  • Agriculture

  • Landscape

  • Greenhouse

  • Nursery

  • Others

• Regional Outlook (Revenue, USD Million; 2014 - 2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • UK

    • Germany

  • Asia Pacific

    • China

    • Japan

    • India

  • Latin America

    • Brazil

  • Middle East & Africa (MEA)