The global micro irrigation system market size was USD 9.70 Billion in 2021 and is expected to register a revenue CAGR of 9.4% during the forecast period, according to latest analysis by Emergen Research. Technological advancements in micro-irrigation systems and launch of advanced systems that aid in saving water are some key factors projected to drive market revenue growth between 2021 and 2030. Farmers are becoming more aware of advantages of micro-sprinkler irrigation and are shifting away from flood irrigation toward micro-sprinkler systems. In addition, farmers are turning to micro-irrigation since traditional irrigation technologies have various drawbacks including water wastage, challenges irrigating mountainous terrain, and unequal water distribution, among others. Moreover, micro-irrigation can also increase yields while lowering costs associated with water, fertilizer, and labor. Furthermore, manufacturers are launching innovative products, which is expected to drive revenue growth of the market. On 31 August 2019 for example, Rivulis Irrigation India, which is a part of global micro irrigation firm Rivulis Israel, launched Manna, which is a satellite-based software solution for irrigation in the country.
The report contains updated information about the ongoing COVID-19 pandemic and acts as an accurate analysis of the COVID-19 impact on the Micro Irrigation Systems market. The report draws attention to the COVID-19 impact on the market and its crucial segments. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends. Financial difficulties brought by the pandemic have delayed the progress rate of various businesses and disrupted the global supply chains. The report further provides a future impact assessment of the Micro Irrigation Systems market concerning COVID-19.
Jain Irrigation Systems Ltd., Netafim, The Toro Company, Nelson Irrigation, T-L Irrigation, Microjet, JSS Irrigation, Valmont Industries, Inc., Rivulis, Reinke Manufacturing Co., Inc., Hunter Industries, and Irritec S.p.A
Radical Features of the Micro Irrigation Systems Market Report:
The report encompasses Micro Irrigation Systems market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Micro Irrigation Systems industry
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