Lucintel Forecasts the Global Microirrigation Systems Market to Reach $20.9 billion by 2030
Lucintel Forecasts the Global Microirrigation Systems Market to Reach $20.9 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global microirrigation systems market looks promising with opportunities in the farmer and industrial user markets. The global microirrigation systems market is expected to reach an estimated $20.9 billion by 2030 from $12.1 billion in 2024, at a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are development in hydraulics and drip irrigation systems, growing adoption of innovative farming methods, rapid growth in greenhouse vegetable production, as well as, rising preference for the use of AI in microirrigation systems.
A more than 150-page report to understand trends, opportunity and forecast in microirrigation systems market to 2030 by crop type (orchard crops & vineyards, field crops, plantation crops, and others), type (drip and micro-sprinkler), end use (farmers, industrial users, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecast that drip is expected to witness the highest growth over the forecast period because it includes using drips or dripper emitters to precisely and frequently water small amounts of plants, and these techniques aid in protecting the soil, increasing agricultural output, cultivating large areas of crops, and decreasing the pace of salinization.
Through this market, farmers will remain the largest segment because of the progress in agricultural productivity owing to the usage of microirrigation systems worldwide.
Download sample by clicking on microirrigation systems market
APAC will remain the largest region over the forecast period because of increasing use of sophisticated microirrigation systems, such as drip and micro-sprinkler irrigation for fertigation, increasing use of microirrigation systems by rural farmers, and rising demand for organic products.
Jain Irrigation Systems, The Toro, Nelson Irrigation, Rain Bird, Finolex Plasson, Chinadrip Irrigation, Netafim, Rivulis, Antelco are the major suppliers in the microirrigation systems market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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