Synopsis of Micro-Irrigation Systems Market:
Market Forecast and Overview:
Market Research Future published a Half Cooked Research Report on the Micro-irrigation Systems Market. Global Micro-Irrigation Systems Market is expected to grow at a CAGR of over 5% from 2016 to 2022.
Micro-irrigation is an approach to irrigation which helps to reduce the water demand; it has been driven by commercial farmers in dry regions of United States of America and Israel in farming areas where water is scarce. Many parts of the world are now using micro-irrigation technology especially small scale farmers in developing countries are slowly adopting this technique. A number of organizations are looking at the way to reduce the cost of micro-irrigation and coming up with different innovative approaches such as drip irrigation and pipe irrigation.
Key Companies and Competitive Analysis:
This report includes a study of strategies, of major market players. It includes the product portfolios, developments of leading major players Akplas (Turkey), Netafim Ltd Corporate (Israel), Jain irrigation systems (India), Irritec (Italy), Rivulis (Israel), Hunter Industries (U.S.), Antelco (Australia), Lindsay Corporation (U.S.), The Toro Company (U.S.) and Weishi Huifa Machinery Plant (China).
In recent years many key players have introduced new micro-irrigation systems. Netafim has launched its next generation low flow drippers whereas Toro introduced Aqua traxx flow control pipe to increase efficiency to save more waters.
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Market Drivers and Highlights:
Global Micro-irrigation Systems Market is mainly driven by increasing concern over exhausting water resources and need of efficient use of water especially in regions where water is scarce. Many local governments are encouraging farmers to implement micro-irrigation systems as a standard practice to conserve water which is also driving market growth. Reduction in rainfall due to climate change and pressure to fulfil demand of quality products is supporting the growth of market.
Micro-irrigation system with real time sensor based on temperature, humidity and pH level is gaining attraction of farmers from developed countries like U.S., Italy and France. Many farmers are adopting this technique to react on rise of concern of water scarcity due to major environmental changes, it helping them providing most significant solutions compare to conventional irrigation practices. Increasing number of greenhouses and residential gardening is likely to boost sales of micro-irrigation systems.
The global Micro-irrigation Systems Market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among this North America region has major market share followed by Europe and APAC. Mexico, U.S., India, Australia and France are major importers of micro-irrigation systems from last few years. Micro-irrigation is being newly implemented in developing countries especially from Asia and Africa.
Companies are focusing on APAC region as it has huge potential to grow the market. Considering need of farmers from APAC and African region, companies are coming up with advanced technologies which are affordable to them as high initial investment and high maintenance cost of such systems are act as hindrance to growth of the market.
Market Research Analysis:
Depend upon amount of water available and type of a crop and farming method, different types of micro-irrigation techniques are used. Drip irrigation system is considered as most efficient micro-irrigation technique. People from South Australia have recently developed the new micro-irrigation technique named “Measured irrigation” which basically operates on rain water and sunlight. Farmers from developing countries prefer to buy affordable and efficient micro-irrigation technique and it is mainly influenced by government initiatives in that particular region. Irrigation system based on real time sensor is becoming popular in developed countries.
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