The global microirrigation systems market size was estimated to be valued at USD 9.7 billion in 2021 and is expected to reach a value of USD 15.1 billion by 2026, growing at a CAGR of 9.3% in terms of value during the forecast period. Factors such as higher yield requirement from a limited area, rapid growth in greenhouse vegetable production, and rise in usage of artificial intelligence in microirrigtaion systems are some of the factors driving the growth of the microirrigation systems market. Over the years, substantial investment is made by global players in developing modern farming practices due to their higher returns on investment.
The growing awareness about the advantages of micro-sprinkler irrigation among farmers has led to a shift from flood irrigation toward micro-sprinkler systems. The major factor encouraging this trend is a major concern regarding water wastage in flood irrigation, as well as the leaching associated with it. Though the initial capital for the installation of the systems is high, the return on investment associated with the cost after 2-3 years, as well as the availability of a wide range of micro-sprinkler system components, encourage producers to adopt sprinkler irrigation systems. The downward trend of flood irrigation is due to its disadvantages such as poor water-use efficiency, inability to irrigate uneven terrains, and uneven water distribution.
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Water management is a growing concern in a majority of the countries across the world. Agriculture is a major consumer of water resources in countries such as China and India and regions that include the Middle East and Africa. Water management in the agricultural sector is promoted by the governments in countries of these regions. The public and private sectors are supporting the establishment of irrigation systems for arable lands. Low-cost irrigation systems, such as lateral moves and center pivots, are funded by the governments of these countries. For instance, in India, the government helps farmers by providing a 35%-50% subsidy, depending on the land area and category of a farmer, under the National Mission for Sustainable Agriculture (NMSA). Whereas in China, the central government has planned to spend USD 298 million for improving irrigation systems in the southern areas of Xinjiang. In addition, in November 2017, the World Bank approved USD 130 million to support farmers in the Punjab province of Pakistan to use water more efficiently and adopt irrigation systems, such as sprinkler and drip systems.
By crop type, the orchard crops & vineyards segment accounted for the highest share in the microirrigation systems market. As water and nutrients are applied directly to the root zone and there is minimal runoff and evaporation, microirrgation is considered to be one of the more efficient form of irrigation for vineyards. Microirrigation is known for its flexibility. Each system is custom-designed to fit the needs of the vineyard in order to maintain optimum moisture at the plant root zone.
By end user, farmers segment is projected to have the highest CAGR during the forecast period. The improvement in agricultural productivity due to the adoption of microirrigation systems is not confined to large end users, such as corporates. Many small and medium farmers in Africa, Asia, and the Middle East make their livelihood from agriculture practices. The use of microirrigation techniques protects these farmers from unforeseen and unfavorable weather conditions, such as drought. The use of these techniques also reduces their energy costs since these techniques generally require low pressure.
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The Asia Pacific region is projected to be the fastest growing in the global microirrigation systems market due to factors such as increasing adoption of microirrigation systems among rural farmers and rising demand for organic products. Also, as the region is shifting its focus on the development of new irrigation systems, there is high adoption of advanced irrigation systems such as drip & sprinkler irrigation for fertigation. Along with this, the governmentâ€™s support of the irrigation sector is often a component of a broader pro-rural policy package that aims to support agriculture.
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