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The Micro Irrigation Systems Market 2021: Trends, Size, Share, Type, Application, Growth, Trends to 2027. - Energy And Water Development Corp

The Micro Irrigation Systems Market 2021: Trends, Size, Share, Type, Application, Growth, Trends to 2027.



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This report will take a comprehensive look at the Micro Irrigation Systems market and its future developments. In addition, various trends in this industry will be explained in detail. Demand for water and its scarcity is one of the main factors driving this market’s growth.

 

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The Current Market Situation

The global market for Micro Irrigation Systems was valued at $6.9 billion in 2017 and is expected to reach $39.2 billion by 2027, growing at a CAGR of 27% during the forecast period. The most common micro-irrigation systems are drip, trickle feed, and spray irrigation systems primarily employed in agriculture and landscaping applications.

What are micro-irrigation systems?

Micro-irrigation systems are a type of micro-irrigation using drip, spray, or mist nozzles attached to the water source. The system is ideally suited for gardens, lawns, and farms. The micro-irrigation systems market is expected to be worth $ 16,503.8 Million by 2027 from $ 6,941.0 Million in 2018 with a CAGR of 28.94%.

Types of Micro Irrigation Systems

The micro-irrigation system market is estimated to reach USD 8.62 billion by 2027, at a CAGR of 6.7% from 2018 to 2027. This market is mainly driven by water scarcity in India and China.

Regional Level Analysis

North America dominated the global market in 2017, followed by Europe and Asia-Pacific. By 2021, North America held a 58.4% share of the worldwide market for micro-irrigation systems, followed by Europe and Asia-Pacific’s share of 31.5%. The Middle East & Africa had a share of 4.8% worldwide.

Application Based Analysis By Region

The micro-irrigation systems market is projected to grow at a CAGR of 23.3% from 2017–to 2027. The market is anticipated to reach $67.05 billion by 2021, with the Asia Pacific playing a massive role in the global market share, followed by North America and Europe. The application-based analysis by region highlights the different trends in each of these regions.

Global Forecast For the Micro Irrigation Systems Market

The market for micro irrigation systems is expected to be worth $9.54 billion in 2021. The demand for micro-irrigation systems is driven by water harvesting and storage facilities in rural areas. However, it also has agriculture, horticulture, drip irrigation, and hydroponics. Micro-irrigation systems are used either as individual units or integrated into the networks of other systems such as wells and boreholes.

The Current Market Situation

Currently, the market size is assessed to be a staggering US$19.9 billion in 2016, and it is expected to reach a value of US$26.5 billion by 2027, at an approximate CAGR of 4.4%. The micro-irrigation systems market is expected to grow at a CAGR of 5.27% from 2016 to 2022. The Asia Pacific is expected to be the leading regional market, and North America is anticipated to be the highest growing regional market over this period. The global market size was $7,890 million in 2015 and is projected to reach $9,532 million by 2027

What are micro-irrigation systems?

Micro-irrigation systems are designed to use water on a small scale, usually less than 10 gallons. They allow people to irrigate their garden without using large quantities of water. Typical micro irrigation systems include sprinklers and drip emitters.

Types of Micro Irrigation Systems

There are three micro irrigation systems: gravity-flow, axially directed, and centrifugal. Gravity-flow systems use a water source below the drip line and are the most common. Axially directed systems utilize an inlet at one end, which has a smaller radius of curvature than the outlet reservoir. Finally, centrifugal systems use a pump to create a spray pattern by forcing the water out of a nozzle and into the air, often at high pressures.

Regional Level Analysis

The global micro irrigation systems market is expected to reach $7,930.3 million by the end of 2025., with a CAGR of 9.42% from 2016 to 2025. The Micro Irrigation Systems Market 2021: Trend, Size, Share, Type, Application, Growth, Trends to 2027

Application Based Analysis By Region

Application Based Analysis: North America: Use of micro irrigation systems in agriculture is growing faster. Asia-Pacific: The use of micro-irrigation has emerged as a cost-effective option for farmers

 

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Global Forecast For the Micro Irrigation Systems Market

Micro-irrigation systems are small, easy-to-install, self-contained units for watering plants in areas where it is difficult to rinse. These miniature irrigation systems can be used for extensive gardens, lawns, or even crops with minimal water usage.

Conclusion

The global micro irrigation systems market will reach $6.48 billion by 2027, with a CAGR of 4.3% from 2018 to 2027. This growth can be attributed to the rising demand among end-users such as residential and commercial building owners, farmers, and landscapers for reliable solutions to water their plants efficiently.

 


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