The Micro-irrigation Systems Market is projected to reach $20.2 billion, at a CAGR of 8.6% from 2023 to 2030. The growth of this market is driven by thegrowing need to maximize crop yield, government initiatives for water conservation, and the increasing adoption of modern farming techniques. Additionally, the growing use of automation in irrigation systems and increasing support for irrigation projects are expected to create market growth opportunities. However, the high initial investments required to implement micro-irrigation systems restrain the growth of this market. Further, the lack of awareness regarding advanced irrigation technologies in developing countries is a major challenge for the players operating in this market.
The integration of artificial intelligence and IoT technologies into irrigation systems are technology is the latest trend in the market, along with irrigation as a service (IAAS).
Here are the top 10 companies operating in the Micro-irrigation Systems Market
Founded in 1946 and headquartered in Nebraska, U.S., Valmont Industries, Inc. offers products and services for infrastructure and irrigation equipment. The company operates in eight diverse markets, Utility, Lighting and Transportation, Telecom, Solar, Coatings, Irrigation, Ag Tech, and Tubing. Further, Valmont Industries operates in the market through three business segments, namely, Agriculture, Infrastructure, and Other. The Agriculture segment produces mechanized irrigation equipment and related services to help deliver water, fertilizers, herbicides, and pesticides to crops. It comprises manufacturing center pivot components and linear irrigation equipment for agricultural markets. The Infrastructure segment is engaged in manufacturing and distributing products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, telecommunications, and coatings services to preserve metal products.
The Toro Company (U.S.)
Founded in 1914 and headquartered in Minnesota, U.S., The Toro Company is a provider of innovative solutions for the outdoor environment, including turf & landscape maintenance and irrigation & outdoor lighting solutions. The company operates in the market through its Professional, Residential, and Other segments. The Professional segment consists of turf; landscape and lighting; rental, specialty, and underground construction; snow and ice management; and ag-irrigation products. The Residential segment offers products for homeowners, including walk power mowers, zero-turn riding mowers, snow throwers, and home solutions equipment.
The company’s ag-irrigation products primarily consist of drip tape, polyethylene tubing, drip line, emitters, filters, and fitting solutions. In addition to these core products, the company also offers a complement of design software and connection options to complete the ag-irrigation system.
Founded in 1955 and headquartered in Nebraska, U.S., Lindsay Corporation is a leading manufacturer and distributor of agricultural irrigation equipment and provides a variety of proprietary water management and road infrastructure products and services. The company operates in the market through two business segments, namely, Irrigation and Infrastructure.
The Irrigation segment is engaged in manufacturing and marketing lateral move, center pivot, hose reel irrigation systems, and repair and replacement parts. The Infrastructure segment manufactures and markets moveable barriers, specialty barriers, crash cushions and end terminals, road marking and safety equipment, and railroad signals and structures. Further, the company also markets proprietary remote monitoring and automation technology that works on any brand of electronic pivots and drip irrigation systems under its product FieldNET.
Jain Irrigation Systems Ltd. (India)
Founded in 1975 and headquartered in Maharashtra, India, Jain Irrigation Systems Ltd. develops, manufactures, and sells diversified products, including drip and sprinkler irrigation systems, integrated irrigation automation systems, filters, dosing pumps, and injectors. It is also the largest manufacturer of plastic pipes in India, covering a wide range of pipes and fittings. The company operates in the market through four business segments, namely: Plastic Division, Hi-tech Agri Input Products, Agro Processing Division, and Other Business Division.
The Plastic Division includes segment PVC piping products, PE piping products, Piping projects and Plastic sheets. The Hi-tech Agri Input Products segment offers micro & sprinkler irrigation, solar agri pump, integrated irrigation projects and tissue culture plants. Jain Irrigation offers micro irrigation systems, drip tubes & drippers, drip kits, jets & foggers, overhead sprinklers, rain guns, landscape sprinklers, filters & fertigation systems, and valves.
Founded in 1966 and headquartered in Kibbutz, Israel, Rivulis Irrigation Ltd. is a manufacturer and provider of complete micro irrigation, drip irrigation products and solutions to help growers achieve higher yields, higher quality and great profitability. The company operates in two product lines, Rivulis and Eurodrip. The Rivulis products include a full suite of drip and micro irrigation products, such as drip tapes, drip lines, online drippers, sprinklers, jets, lay flat, filters, valves, fertigation and automation. Further, it offers high-performance drip lines and online drippers, including the GR drip line, Olympos PC/AS Drip Line, and PC2 Drip Line.
Meticulous Research in its latest publication on Micro-irrigation Systems Market has predicted the growth of 8.6% during the forecast year 2023-2030.
Rain Bird Corporation (U.S.)
Founded in 1933 and headquartered in California, U.S., Rain Bird Corporation is a leading manufacturer and provider of irrigation products and services. The company offers a wide range of irrigation and water conservation products, including irrigation sprinklers, driplines, pumps, and timers/controllers for farms, sports arenas, commercial developments and homes across the globe.
Rain Bird Corporation provides drip irrigation, micro sprays & spinners, high-performance sprinklers, and impact sprinklers for golf courses, landscapes, and homeowners to enhance irrigation systems. The company also offers irrigation controllers for residential, commercial, light commercial, and industrial irrigation systems.
Founded in 1965 and headquartered in Tel Aviv, Israel, Netafim Limited is a leading manufacturer and distributor of crop management technologies, irrigation equipment and products. The company distributes crop management technologies, including monitoring and control systems, dosing systems, and crop management software. Further, it produces drip irrigation systems, sprinklers, micro-emitters and other water technologies to increase yields and improve crop production. Netafim also provides IaaS (Irrigation as a Service), operation & maintenance, and technical & agronomic support.
Nelson Irrigation Corporation (U.S.)
Founded in 1911 and headquartered in Washington, U.S., Nelson Irrigation Corporation is a global leader in agricultural and industrial water applications. The company designs, develops, manufactures, and sells irrigation products. Its irrigation product line includes rotator sprinklers, control valves, pressure regulators, wireless control systems, and irrigation software for agricultural and industrial applications.
Further, the company also provides Big Gun Sprinklers, Pivot Sprinklers, End of Pivot Products, Rotator Sprinklers, Spinners & Sprays, Air Control Valves, and MP RotatorSprinklers.
Founded in 1981 and headquartered in California, U.S., Hunter Industries, Inc. is a manufacturer of irrigation and outdoor lighting equipment engaged in providing products and services for the landscape irrigation, agriculture and lighting industries and custom manufacturing services. The company offers irrigation controllers for residential landscapes, sports stadiums, national landmarks, theme parks, city parks, and commercial complexes.
For micro irrigation, Hunter Industries provides micro sprays, drip control zone kits, root zone watering systems, point source drip emitters, filters & filter regulators, and eco-indicators.
Irritec S.p.A (U.S.)
Founded in 1974 and headquartered in California, U.S., Irritec S.p.A designs, manufactures and distributes products and complete systems for irrigation in open fields, in greenhouses and for the landscape sector. The company provides micro irrigation, subsurface irrigation, and fertigation irrigation systems to improve irrigation efficiency in agriculture and gardening, reducing the environmental impact with minimum consumption of water, energy and fertilizers. It also offers solutions for agriculture, water distribution, turf and landscape irrigation.
Authoritative Research on the Micro-irrigation Systems Market- Global Opportunity Analysis and Industry Forecast (2023-2030)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.