Micro Irrigation System Market Outlook
Micro Irrigation System market is accounted to register a CAGR of 5.75% during the forecast period and is estimated to reach USD 937.16 million by 2030.
The Micro Irrigation System Market pertains to the global sector focused on the design, manufacturing, and distribution of irrigation systems that deliver water directly to the roots of plants, minimizing water wastage. These systems, including drip irrigation and sprinkler irrigation, are widely adopted in agriculture and landscaping sectors for efficient water management, enhanced crop yields, and conservation of water resources.
Segment Analysis
The global Micro Irrigation System market has been segmented based on Product Type and Crop Type.
On the basis of Product Type, the market is segmented into drip irrigation and sprinkler irrigation. By accounting for around 60% of the market revenue for micro irrigation systems in 2021, the drip irrigation system segment retained the leading share.
Based on Crop Type, the global Micro Irrigation System market has been segmented into crop type, includes plantation crops, field crops, landscape, and others. The category for plantation crops dominated the micro irrigation systems market in 2021 and is anticipated to grow at the fastest rate from 2022 to 2030. This sort of irrigation is great for many horticulture crops because they need a particular atmosphere to grow properly, such as fruits and vegetables.
Regional Analysis
The global Micro Irrigation System market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Micro Irrigation System market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Micro Irrigation System market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Micro Irrigation System market comprises of Middle East, Africa, and Latin America.
The Asia-Pacific Micro Irrigation System Market dominated this market in 2022. The category for plantation crops dominated the micro irrigation systems market in 2021 and is anticipated to grow at the fastest rate from 2022 to 2030. This sort of irrigation is great for many horticulture crops because they need a particular atmosphere to grow properly, such as fruits and vegetables.
Additionally, the second-largest market share for Micro Irrigation System is held by Middle-East and African. The demand for goods and services in this area is rising as a result of urbanisation and well-maintained drainage systems.
The micro irrigation system market in North America is anticipated to expand at the quickest CAGR between 2022 and 2030. This industry is expanding as a result of farmers' increased adoption of high-tech precision farming methods in nations like the United States and Mexico. Additionally, the North American micro irrigation system market in North America was led by the U.S., which had the highest market share, and Canada, which had the fastest rate of growth.
Key Findings of the Study by Report
Based on Crop Type, the category for plantation crops dominated the micro irrigation systems market in 2024
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