A new report by Meticulous Research® titled *"Micro-irrigation Systems Market by Type (Sprinkler, Drip, Spray), Offering (Hardware, Software, Services), Crop (Plantation, Orchard & Vineyards, Field), Application (Agriculture, Sports, Residential, Commercial), and Geography - Global Forecasts to 2030"* forecasts the global market for micro-irrigation systems to reach $20.2 billion by 2030, with a compound annual growth rate (CAGR) of 8.6% from 2023 to 2030.

Key drivers for this growth include the increasing need to maximize crop yields, water conservation efforts by governments, and the adoption of advanced farming practices. Automation and support for irrigation projects are also fueling the market. However, the high costs associated with installing these systems and the lack of awareness of advanced irrigation techniques in developing nations are significant barriers.

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Technological advancements are making an impact, with AI and IoT integration into irrigation systems and the rise of “irrigation as a service” (IaaS) as emerging trends.

The market is segmented by type, offering, method, crop type, and application. The report also examines market players and evaluates geographic trends.

The market by type includes sprinkler, drip, spray, subsurface, and bubbler irrigation. In 2023, sprinkler irrigation is expected to lead, as farmers increasingly adopt this method for efficient water distribution. However, drip irrigation is predicted to grow at the fastest rate, as it provides a sustainable and cost-effective solution for improving yields and conserving water.

By offering, the hardware segment will hold the largest market share in 2023, driven by the widespread use of polyethylene tubing, valves, and drippers for better water management. This segment is set to grow rapidly, given the increasing demand for precise water delivery systems that reduce waste and labor.

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Traditional micro-irrigation will dominate the market in 2023 due to its simplicity and cost-effectiveness. However, smart micro-irrigation, which offers real-time data for optimizing water usage, is expected to see the fastest growth.

Field crops will lead in terms of crop type, while orchard crops & vineyards are expected to grow the fastest. In terms of application, agriculture remains the top market segment, driven by the need to improve water efficiency and yields.

Regionally, Asia-Pacific is poised to lead the market, with growth driven by technological advancements and water conservation initiatives.

Key Players:

The key players operating in the micro-irrigation systems market are Valmont Industries, Inc. (U.S.), The Toro Company (U.S.), Jain Irrigation Systems Ltd. (India), T-L Irrigation (U.S.), Rivulis Irrigation Ltd. (Israel), Reinke Manufacturing Co., Inc. (U.S.), Rain Bird Corporation (U.S.), Netafim Limited (Israel), Nelson Irrigation Corporation (U.S.), Lindsay Corporation (U.S.), Hunter Industries, Inc. (U.S.), Antelco Pty Ltd (Australia), Elgo Irrigation Ltd. (Israel), Harvel Agua India Private Limited (India), and Irritec S.p.A (U.S.).

Key questions answered in the report-

• Which are the high-growth market segments based on type, offering, method, crop type, application, and geography?
• What was the historical market for micro-irrigation systems market?
• What are the market forecasts and estimates for the period 2023–2030?
• What are the major drivers, restraints, opportunities, and challenges in the micro-irrigation systems market?
• Who are the major players, and what shares do they hold in the micro-irrigation systems market?
• How is the competitive landscape in the micro-irrigation systems market?
• What are the recent developments in the micro-irrigation systems market?
• What are the different strategies adopted by the major players in the micro-irrigation systems market?
• What are the key geographic trends, and which are the high-growth countries?
• Who are the local emerging players in the global micro-irrigation systems market, and how do they compete with the other players?

Check complete table of contents with list of table and figures:  https://www.meticulousresearch.com/product/micro-irrigation-systems-market-4970

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