MICRO IRRIGATION SYSTEMS MARKET ANALYSIS

Micro Irrigation System Market, By Type (Sprinkler Irrigation, Drip Irrigation, Center-Pivot Irrigation, Lateral Move Irrigation), By Crop Type (Plantation Crops, Orchard Crops, Field Crops, Forage and Turf Grasses, Other Crops), By Application (Agriculture, Large Gardens, Lawns (Household), Public Parks, Sports Grounds, Other Applications), and By Region (North America, Europe, Asia Pacific, Latin America, MEA) – Size, Share, Outlook and Opportunity Analysis, 2023 – 2030

Published In : Jul 2023
Code : CMI4051
Pages :120
Formats :
Excel and PDF
Industry : Consumer Goods

Market Challenges And Opportunities

Global Micro Irrigation System Market: Restraints

Lack of knowledge among consumers

Lack of technical experts for managing and controlling the micro irrigation system equipment is expected to hinder the market growth. Micro irrigation systems are automated, hence requiring skilled labor for their operation.

High intial cost of investment

High investment and continuous maintenance cost associated with micro irrigation systems is restricting the adoption of this system. Due to increasing in petrol prices and in turn rise in prices of the rest of the market the cost of micro irrigation systems is much beyond the purchasing capacity of the small farmers across developing regions. This is expected to hamper the market growth of the micro irrigation systems.

Global Micro Irrigation System Market: Market Opportunity

Growing acceptance of advanced farming technology

Increasing adoption of advanced farming technology is a growing trend in the market and this is expected to augment the market growth of micro irrigation systems. Growing demand for sprinklers as it helps in displacing water over a large distance in the field is also expected to propel the market growth of micro irrigation systems.