Microirrigation Systems Market

This research study involved the extensive use of secondary sources—directories and databases, such as Bloomberg Businessweek and Factiva—to identify and collect information useful for a technical, market-oriented, and commercial study of the global microirrigation systems market. In-depth interviews were conducted with various primary respondents—such as key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants—to obtain and verify critical qualitative and quantitative information, as well as to assess prospects.

Secondary Research

The secondary sources referred to for this research study include government sources (such as the Food and Agriculture Organization (FAO), the International Commission on Irrigation & Drainage (ICID), The Organization for Economic Co-operation and Development (OECD), United States Department of Agriculture (USDA), and the World Bank, corporate filings (such as annual reports, press releases, investor presentations, and financial statements)), and trade, business, and professional associations, among others. The secondary data was collected and analyzed to arrive at the overall microirrigation systems market size, which was further validated by primary research.

Primary Research

The market comprises several stakeholders in the supply chain; these include suppliers, manufacturers, and end-use product manufacturers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include key opinion leaders, executives, vice presidents, and CEOs of the agriculture industry. The primary sources from the supply side include research institutions involved in R&D activities, key opinion leaders, and manufacturers of microirrigation systems.

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Microirrigation Systems Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the microirrigation systems market. These approaches were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following details:

• The key players in the industry and the markets were identified through extensive secondary research.
• The microirrigation systems market was determined through primary and secondary research.
• All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
• All macroeconomic and microeconomic factors affecting the growth of the microirrigation systems market were considered while estimating the market size.
• All parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.

Market Size Estimation: Bottom-up Approach

The figure represents the overall market size estimation process employed through the bottom-up approach for this study.

The bottom-up approach was implemented for data extracted from secondary research to validate the market segment sizes obtained, which is explained below:

• The market for microirrigation systems was identified based on factors, such as COVID-19 impact on the trade and supply of agricultural inputs, company presence, and their revenues and product availability; crop production, exports, and imports; the adoption of organic farming based on key crops, and average usage of drip & micro-sprinkler irrigation systems on crop application rates in the industry.
• For each country, the increase in microirrigation area was considered, along with the replacement rate of microirrigation equipment in the existing area to arrive at the market demand. This area with potential market demand was then multiplied with the average selling price (ASP) of microirrigation equipment per hectare to arrive at the country's market size. Similar ASP was considered across all the countries in the region, with certain price variations done based on product availability and export/import dependency of the country for drip equipment. After arriving at each country's market value, these market values were summed to arrive at the regional microirrigation systems market size. This was checked with the microirrigation systems market share splits provided by the industry experts. A similar approach was performed for other regions as well.
• Following this, the market size for each region was estimated by summing up the country-level data. Further, the market size at the global level was estimated by summing up the regional level data, which has been validated through primary interviews conducted with microirrigation system manufacturers, government institutions, research organizations, suppliers, and distributors.
• The global number for microirrigation systems was arrived at after giving certain weightage factors for secondary sources, and primary sources obtained.

Market Size Estimation: Bottom-up Approach

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Microirrigation Systems Market Size Estimation Methodology: Top-Down Approach

The top-down approach was used to triangulate the data obtained through this study:

The top-down approach was also implemented for the data extracted from secondary research to validate the share of the market segment obtained. For the calculation of the global microirrigation systems market, the revenues of the major players operating in the microirrigation systems market were considered. The global share of the major players in the microirrigation systems market was validated with the primary respondents. The regional splits were arrived at by considering the presence and number of products sold by the company in the particular region alongside the land area being brought under microirrigation systems.

Data Triangulation

After arriving at the overall microirrigation systems market size from the above estimation process using both top-down and bottom-up approaches, the total market was split into several segments and subsegments. To complete the overall microirrigation systems market estimation and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides

Market Definition

According to US EPA (United States Environmental Protection Agency), microirrigation is a low-pressure, low-flow-rate type of irrigation that can reduce the likelihood of overwatering a landscape. This form of irrigation delivers water directly to where it is needed most-the root zone of plants. It also delivers the water slowly and over a longer period of time, preventing runoff and reducing evaporation. Microirrigation systems use 20 to 50 percent less water than conventional sprinkler systems and can reduce residential or commercial landscape irrigation water use.

According to F.R. Lamm, J.E. Ayars, and F.S. Nakayama in the book titled ‘Microirrigation for Crop Production: Design, Operation and Management,’ microirrigation is defined as:

“Microirrigation is the slow application of water on, above, or below the soil by surface drip, subsurface drip, bubbler, and micro sprinkler systems. Water is applied as discrete or continuous drips, tiny streams, or miniature spray through emitters or applicators placed along a water delivery line adjacent to the plant row.”

Microirrigation systems include drip method and micro-sprinkler method of irrigation systems. The approach in both systems involves a controlled supply of water in small quantities with the required consistency. Microirrigation is low pressure and low-volume irrigation system suitable for high-return value crops such as fruit and vegetable crops. Microirrigation is a modern method of irrigation; by this method, water is irrigated through drippers, micro-sprinklers, foggers, and other emitters on the surface or subsurface of the land

Key Stakeholders

• Microirrigation systems manufacturers
• Microirrigation systems importers and exporters
• Microirrigation systems traders, distributors, and suppliers
• Government and research organizations
• Government regulatory agencies
  • Food and Agriculture Organization (FAO)
  • United States Department of Agriculture (USDA)
  • Environmental Protection Agency (EPA)
  • Department of Environment, Food, and Rural Affairs (DEFRA)

Report Objectives

Market Intelligence

• To determine and project the size of the microirrigation systems market with respect to type, crop type, end user, and region
• To identify the attractive opportunities in the market by determining the largest and fastest-growing segments across regions
• To provide detailed information about the key factors influencing the market growth (drivers, restraints, opportunities, and challenges)
• To provide the regulatory framework and market entry process related to the microirrigation systems market
• To analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the total market

Competitive Intelligence

• To identify and profile the key players in the microirrigation systems market
• To provide a comparative analysis of market leaders based on the following:
• Product offerings
• Business strategies
• Strengths and weaknesses
• Key financials
• To understand the competitive landscape and identify the major growth strategies adopted by players across countries

To provide insights on key product innovations and investments in the microirrigation systems market

Customization Options

MarketsandMarkets offers customizations according to client-specific scientific needs with the given market data.

The following customization options are available for the report:

Product Analysis

• Product matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

• Further breakdown of the Rest of Europe's microirrigation systems market forecast into Germany, UK, the Netherlands, and other EU and non-EU countries.
• Further breakdown of the Rest of Asia Pacific market into South Korea, Malaysia, and Vietnam.
• Further breakdown of the Rest of the South American microirrigation systems market forecast into Cuba and Uruguay.

Company Information

• Detailed analyses and profiling of additional market players (up to five)