The Asia-Pacific micro irrigation systems market size is expected to reach USD 2.34 billion in 2024 and reach USD 5.78 billion by 2029, growing at a CAGR of 19.86% from 2024 to 2029.
Irrigation means the provision of water to dry land for crop development. The micro-irrigation method consists of the 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 impending dangers of water scarcity, micro-irrigation systems prove to be an advanced and effective solution as compared to orthodox irrigation methods.
The growth of the Asia-Pacific micro Irrigation systems market is majorly due to factors such as depleting water levels, Favourable regulatory outlines, and government programs. 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 requirements 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.
Sprinkler Irrigation Systems lead the market for micro irrigation systems, whereas 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.
Orchard Crops & Vineyards lead the market on the basis of application, followed by Plantation Crops.
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. The drip irrigation system is projected to witness a strong growth rate in this region during the forecast period due to the high water efficacy of these systems as compared to the orthodox irrigation methods. The most important advantage of a drip irrigation system when compared to the sprinkler irrigation system is that it helps in decreasing 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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