Micro Irrigation Market is Expected to Generate Significant Revenue

Date: 2015-12-01

The micro irrigation market is expected to generate significant revenue with increasing awareness level about micro irrigation system and the need to decrease water wastage due to the fall in ground water level. Market is expected to grow at a CAGR of 18% from 2015 to 2021. The big players of micro irrigation system include Jain irrigation system, Toro Company, Netafim limited, the Toro Company, Rain Bird Corporation, nelson Irrigation Corporation, rivulis irrigation, Valmont industries etc.

There are lot more factors driving the market such as it provides high degree of water uniformity to all the crops in the field, it even works good in irregular terrain and allows the control of the amount and timing of irrigation, one of the most important factor in the favor of micro irrigation system is the fact that it helps in reducing the wastage of water caused during irrigation process, it becomes even more important due the fact that ground water level is decreasing day by day and saving  water is one of the major concerns.

The system is easy to install and use although the initial cost to set up the whole system is quite high but it’s a onetime investment. It can be easily used for a variety of crop type such as Fields, Plantation, forage and turf grasses, orchards
The market was dominated by North America in 2013. On the other hand, Asia-Pacific is projected to be the fastest-growing market, due to growing demand for water and increasing water scarcity.

Companies profile include
1. Jain Irrigation system limited (JISL).
2. Toro company
3. Netafim.
4. Naugra Export
5. Tirupati structurals limited
6. Harso steels pvt. Lyd.
7. Apollo pipes limited
8. Kisan Group of companies
9. Captain polyplast ltd.
10. Rivulis Irrigation
11. IWT
12. Paras drip Irrigation
13. KSNM Marketing
14. Sharan Polyplast
15. Lindsay corporation
16. Nelson irrigation corporation
17. Valmont industries
18. Rain Bird corporation
19. T-L irrigation
20. Chaitra irrigation
21. Sree vijetha irrigation pvt. Ltd.
22. Mahindra
23. Driptech
24. Finolex Plasson industries
25. EPC
26. Primium irrigation
27. Irritol systems
28. Rooted in hope
29. Dayu conserving water
30. Linyi Dogli plastics

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