PUBLISHER: IMARC | PRODUCT CODE: 1702129
PUBLISHER: IMARC | PRODUCT CODE: 1702129
The global micro irrigation systems market size reached USD 12.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 24.7 Billion by 2033, exhibiting a growth rate (CAGR) of 7.38% during 2025-2033. Some of the key drivers supporting the market growth are the growing demand for food security, the rising focus on water conservation efforts on account of people's concerns about water shortage, and new developments like automation and precision agriculture.
A micro irrigation system is a pipe distribution network that assists in applying small quantities of water frequently on the surface or subsurface of land. It relies on drippers, sprinklers, foggers and emitters placed along a water delivery line. It is an easy method of fertigation and chemigation, which is suitable for all types of soil. As it enhances crop yield and reduces labor and field preparation costs, it is gaining traction over conventional sprinkler systems. Moreover, it finds applications in horticulture, landscaping gardens and the practice of restoration ecology and environmental remediation across the globe.
The rising global population and consequently declining arable land are increasing food security concerns around the world. This represents one of the key factors escalating the demand for micro irrigation systems as they help utilize arable land efficiently and ensure high crop yield. Moreover, the widespread adoption of greenhouses for producing vegetables is bolstering the market growth. Apart from this, the rising focus on water conservation, coupled with the growing traction of sustainable irrigation methods, is contributing to the market growth. Furthermore, governments of several countries are providing low-interest rates on loans and subsidies for farming, which is increasing the adoption of micro irrigation systems. Besides this, the integration of advanced technologies, such as global positioning system (GPS) and remote control, in the lateral move, sprinkler and central pivot micro irrigation systems, is strengthening the market growth. The emerging urban gardening trend is further anticipated to drive the market in the coming years.
The competitive landscape of the industry has also been examined along with the profiles of the key players being Antelco Pty Ltd, Elgo Irrigation Ltd., Hunter Industries, Irritec S.p.A, Jain Irrigation Systems Ltd., Lindsay Corporation, Mahindra EPC Irrigation Limited (Mahindra & Mahindra Limited), Nelson Irrigation Corporation, Netafim (Orbia), Rain Bird Corporation, Rivulis Irrigation Ltd. and The Toro Company.