Micro Irrigation Systems Market Size, Share and Forecast 2019-2025
Posted by Rishabh on August 29th, 2019
Global Micro Irrigation Systems Market Size, Share & Trends Analysis, and Forecast 2019-2025
Recently Orion Market Research (OMR) added an industrial report on the global micro irrigation systems market. The market is segmented on the basis of product type and application. The report provides detailed & insightful chapters which include market overview, key findings, market estimations, market segmentation, regulations, market determinants, key companies, strategic analysis, market insights, company profiling, and geographical analysis.
A full report of the Global Micro Irrigation Systems Market is available at: https://www.omrglobal.com/industry-reports/micro-irrigation-systems-market/
Globally, the conditions for water continue to be stressed with the rising number of regions facing water scarcity. As the demand for water is increasing continuously; governments and private organizations are trying to find and use renewable freshwater resources. Moreover, the demand for water in industries such as pharmaceuticals, steel industries and textile industries among others across the globe is continuously boosting the global market for micro irrigation systems. Micro irrigation, also known as drip irrigation, delivers water directly to the root part of the plant. It is a low-volume watering and pressure system that delivers water to agricultural lands in various methods such as spraying, dripping and streams. It also boosts the water efficiency by almost 90%, reduces energy consumption by 30% and decrease fertilizer consumption by around 28%. This would directly lead to an increase in farmer’s income by approximately 50% by making the use of irrigation system.
The market is majorly driven by factors such as water scarcity, rising population coupled with growing food demand and rising support from the government for the micro irrigation systems. Moreover, the system is also known for its numerous applications such as small quantities of water flow directly below the soil surface; usually as continuous drops, discrete drops, or tiny streams through emitters placed along a water delivery vane. In addition, factors like high initial investment and high upkeep costs of the micro-irrigation systems are restricting the growth of the market.
Globally, about 18% of irrigated farms produce around 40% of the food supply; out of those only 4% use micro irrigation technology. Thus, the market for micro irrigation systems has a wide scope for growth. Globally, around 2700 km3 of water is withdrawn for irrigation purpose whereas, approximately 1,500 km3 of water is required for irrigation which shows that only 56% of water is efficiently used. For instance, there are various technologies available in the market for micro irrigation systems which are used for development in Africa, where around 6% of the total cultivable area is under irrigation. Irrigation, independently, is estimated to boost Africa's agricultural output by a massive 50 percent, which helps to alleviate the pervasive food crises that occasionally hit the continent. The area under micro irrigation systems has risen from 1.6 million hectares to over 10 million hectares by about 6.4 times in the last two decades.
Furthermore, some of the major players that contribute to the growth of the global micro irrigation systems market include Elgo Irrigation Ltd., Jain Irrigation Systems Ltd., Netafim Ltd., Rain Bird Corp., Reinke Manufacturing Co. Inc., Toro Co., and Rivulis Plastro Ltd., Deere & Co. among others. Moreover, Netafim Ltd. launched next-generation low-flow drippers and Toro introduced Aqua-Traxx flow control drip tape in 0.13 GPH emitter flow rate. Aqua-Traxx drip tape helps to boost yield and also helps to improve crop quality by adding water and fertilizer where it is needed. However, over the future years, manufacturers will undertake strategic partnerships to expand their product portfolios as well as to increase their sales. Moreover, the market is widely known as one of the emerging segments in the global agriculture industry. The rise in the adoption of these systems is mainly attributed to the encouragement of various governments across the world.
Request a free sample of our report on Global Micro Irrigation Systems Market: https://www.omrglobal.com/request-sample/micro-irrigation-systems-market
About Orion Market Research
Orion Market Research (OMR) is an Indian market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Contact no: +1 646-755-7667, +91 780-304-0404
Like it? Share it!
About the AuthorRishabh
Joined: June 18th, 2019
Articles Posted: 354
More by this author