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Turkey maintains a strong market presence in the Middle East and Africa region, currently holding a market volume and value share of over 30.6%. The global micro-irrigation system market is experiencing significant growth due to increasing water scarcity concerns and the need for efficient irrigation solutions. North America and Europe are leading regions in terms of market share while emerging economies in Asia-Pacific are witnessing rapid adoption

(PRUnderground) May 30th, 2023

According to Future Market Insights, the global micro-irrigation system market is set to expand from US$ 8,314.9 million in 2023 to US$ 21,735.2 million by 2033. Over the next ten years (2023 to 2033), global demand for micro-irrigation systems is expected to rise at 10.1% CAGR.

The transition from conventional irrigation practices to modern and technologically advanced irrigation systems is a key driver in the micro-irrigation system industry.

Conventional irrigation methods, such as flood irrigation and furrow irrigation, are highly inefficient and can waste a significant amount of water. Micro-irrigation systems, on the other hand, are much more efficient and can deliver water directly to the roots of plants, where it is needed most. This results in significant water savings and increased crop yields.

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One of the primary drivers is the increasing global water scarcity. As water resources become limited, there is a growing emphasis on optimizing water usage in agriculture. This is putting the micro-irrigation system industry into the spotlight.

Micro-irrigation systems, such as drip irrigation and precision sprinklers, provide a solution by delivering water directly to the root zones of plants, minimizing evaporation and runoff. This precise and targeted application of water helps users conserve water resources and ensure that plants receive the necessary hydration for their growth and productivity.

Technological advancements play a crucial role in driving the adoption of modern irrigation systems. Innovations such as sensor-based irrigation scheduling, remote monitoring and control, and automation have made these solutions popular in the irrigation industry.

The new advanced technologies enable farmers to gather real-time data on soil moisture levels, weather conditions, and plant water requirements, allowing for precise and efficient irrigation management.

The development of new irrigation systems integrated with smart technologies will create lucrative opportunities for companies.

Key Takeaways:

Who is Winning?

The micro-irrigation system industry is expected to be dominated by a few key players, leading to a consolidated market landscape. In the industry, top manufacturers such as Chinadrip Irrigation Equipment Co. Ltd., Elgo Irrigation, EPC Industries Ltd., Finolex Plasson Industries Pvt. Ltd., Hunter Industries, Irritrol, Jain Irrigation Systems Ltd., Kisan Irrigation Ltd., Lindsay Corporation, Nelson Irrigation Corporation, Netafim Ltd., Rain Bird Corporation, Reinke Manufacturing Company Inc., Ripple Aquaplast, Rivulis Irrigation Ltd., Sistema Azud SA, The Toro Company, T-L Irrigation, Valmont Industries hold significant market shares. These manufacturers are profiled in detail in the comprehensive version of the report.

Manufacturers in the agricultural industry are actively embracing the integration of micro-irrigation systems with precision farming technologies to meet the growing demand for advanced and efficient agricultural practices. They are taking significant steps to develop and offer integrated solutions that empower farmers to optimize water usage and enhance crop production.

Leading manufacturers such as Netafim, Jain Irrigation Systems, and Lindsay Corporation are at the forefront of this trend. They have been investing in research and development to create innovative products that combine micro-irrigation systems with precision farming technologies.

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Competitive landscape:

More Valuable Insights Available:

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the global micro-irrigation system market, providing historical data from 2018 to 2022 and forecast statistics for the period 2023 to 2033.

To understand the global market potential, growth, and scope, the market is segmented based on mechanism, components, farming techniques, crop type, end users, and region.

Key Segments Profiled:

By Mechanism:

By Components:

By Farming Techniques:

By Crop Types:

By End Users:

By Region:

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Table of Content (ToC):

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Material Roadmap

1.5. Analysis and Recommendations

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4.1. Product Adoption / Usage Analysis

4.2. Product USP's / Features

4.3. Strategic Promotional Strategies

5.1. Historical Market Volume (Units) Analysis, 2018 to 2022

5.2. Current and Future Market Volume (Units) Projections, 2023 to 2033

5.3. Y-o-Y Growth Trend Analysis

6.1. Regional Pricing Analysis By Mechanism

6.2. Global Average Pricing Analysis Benchmark

Complete TOC: https://www.futuremarketinsights.com/toc/rep-gb-4303

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About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

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Old Source: Micro Irrigation Systems Market to Exhibit 13% CAGR by the End of 2031 Due to Surging Need for Water Conservation – Future Market Insights, Inc.

About Future Market Insights Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries

The post Global Micro-irrigation System Market is expected to be worth US$ 21,735.2 million at a CAGR of 10.1% by the forecast period 2033 end | Data by Future Market Insights, Inc. first appeared on PRUnderground.

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