Asia Pacific Micro Irrigation Systems Market to grow at a CAGR of 19.86% during 2016 to 2021

The Asia-Pacific Micro Irrigation Systems Market was worth $0.98 billion in 2016 and estimated to be growing at a CAGR of 19.86%, to reach $2.42 billion by 2021. Irrigation means provision of water to dry land for crop development.

The micro-irrigation method consists of supply of water at regular periods above and below the soil surface. They are usually low or medium-pressure systems that distribute water in the form of mist, sprinkles, drip, spray, and jet. With the impeding dangers of water scarcity, micro irrigation systems prove to be an advanced and effective solution as compared to the orthodox irrigation methods.

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The growth of the Asia-Pacific Micro Irrigation Systems market is majorly due to factors such as depleting water levels, Favourable regulatory outline and government programmes. Negligible soil erosion, low weed growth and trouble-free fertigation implementation are some of the additional benefits associated with Micro Irrigation Systems. However, factors such as high initial investment and high maintenance requirement are impeding the growth of the market in this region. This industry also lacks proper supervising agency and guidelines, thereby neglecting product manufacturing operations, which could result in product duplication.

The Asia-Pacific Micro Irrigation Systems market is segmented based on Type, End User, and Application. The market for Micro Irrigation Systems, on the basis of Type, is classified into Drip Irrigation System, Sprinkler Irrigation System, Central Pivot Irrigation System, and Lateral move Irrigation System. Drip Irrigation System is further segmented into Backflow Preventers, Filters, Drip Tube, Valves, Pressure Regulators, and Emitters, whereas Sprinkler Irrigation System is further classified into Tubing, Sprinkler Heads, Pumping Unit, Fittings and Accessories, and Couplers. Central Pivot Irrigation System is further segmented into Pipelines, System control towers, Water Emitters, and Central Towers. Sprinkler Irrigation Systems lead the market for Micro Irrigation Systems, whereas are Drip Irrigation Systems are growing at the highest CAGR during the forecast period. With the advance of micro sprinklers, irrigation on low value field crops has enhanced, thereby increasing the demand for micro sprinklers. On the basis of End User, the Micro Irrigation Systems market is segmented into Farmers, Industrial Users, and Others. On the basis of Application, the Micro Irrigation Systems market is segmented into Plantation Crops, Orchard Crops & Vineyards, Field Crops, Forage & Turf Grasses, and Others. Orchard Crops & Vineyards lead the market on the basis of application, followed by Plantation Crops.

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The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Governments, particularly in this region have undertaken several schemes to promote such technology that provides enhanced crop yield at a reduced cost. Increasing the output of irrigated agriculture is anticipated to be the basis for obtaining affordable food for the people of Asia-Pacific. Drip irrigation system is projected to witness a strong growth rate in this region during the forecast period due to high water efficacy of these systems as compared to the orthodox irrigation methods. The most important advantage of drip irrigation system when compared to the sprinkler irrigation system is that, it helps in decreasing the water wastage due to evaporation, as the water is directly applied to the plant root.

The industry is highly disjointed with several small, medium and large scale players. Companies are funding R&D projects and building collaborations to achieve a stronger position in the market by boosting their product portfolio. The major companies dominating the Micro Irrigation Systems market in this region are Jain Irrigation Systems Ltd., Lindsay Corporation, Nelson Irrigation Corporation, The Toro Company, EPC Industries Limited, Valmont Industries Inc., and T-L Irrigation.

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