Micro Irrigation System Market Research Report
GCC Micro Irrigation Market:
Growth opportunities
in the GCC micro irrigation market look promising over the next six years. This
is mainly due to the rising rate of population, reduction in labor costs,
efficient utilization of fertilizers, and rapid environmental changes.
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Market
GCC Micro Irrigation Market Dynamics
(including market size, share, trends, forecast, growth, forecast, and industry
analysis)
Key Drivers
The major driver
responsible for the growth of the GCC micro irrigation system market is the
remarkable boost in the agriculture sector in Middle East Countries, which
include the UAE. As per the World Bank, approximately 0.73% of total GDP
accounted for forestry, fishing, and agriculture in the UAE. Also, the
expanding population rate, along with the rapid changes in the environment,
will surge the market share. Various advantages offered by Modern
micro-irrigation over the traditional systems of irrigation include better crop
yields and low water consumption, which helps to attract customers, thereby
promoting market growth. The reduced labor cost, better farm productivity, and
efficient usage of fertilizers are further strengthening the micro irrigation
system market growth.
The boost in demand
for food and water due to the accelerating population rate persuades farmers to
choose efficient irrigation techniques, thereby augmenting the demand for these
systems. The World Economic Forum (WEF), in 2016, listed "Water Crises"
as one of the major risks that will affect the world. The UAE is one of the
most water-scarce regions in the world. As per the micro irrigation system
market analysis, the rising shortage of water across various GCC countries will
raise the market growth. These systems, such as drip and sprinklers, help
reduce the water consumption of crops and increase the yield.
Type Segment Drivers
Based on the type,
sprinkler systems are projected to expand at a higher CAGR during the forecast
period. This is primarily attributed to the various benefits offered by this
type of systems, such as hastening of uniform distribution of water,
cost-effectiveness compared to a drip system, and widespread coverage of the
field.
Crop Segment Drivers
Based on the crop, the
plantation crops are predicted to witness a higher CAGR during the forecast
period. The escalating consumption of tea and coffee products in the UAE and
Saudi Arabia is a crucial factor supporting the market growth. On the other
hand, the Orchard and Vineyard crops are expected to lead the market during the
forecast period due to the evolving trend of micro-farming of plantation and
orchard crops in residential properties.
GCC Micro Irrigation
Market Segmentation:
Segmentation by Type:
·
Sprinkler Irrigation
·
Drip Irrigation
Segmentation by
Sprinkler System Components:
·
Pipes
·
Fittings & Nozzles
·
Pressure Regulators
·
Others
Segmentation by Drip
System Components
·
Tubing
·
Filters & Valves
·
Pressure Regulators
·
Others
Segmentation by Crops:
·
Orchard and Vineyard
crops
·
Plantation crops
·
Field crops
·
Forage & Grass
·
Others
Segmentation by
End-User:
·
Family Farms
·
Corporate Farming
·
Others
Segmentation by
Countries:
·
UAE
·
Saudi Arabia
·
Oman
·
Kuwait
·
Rest of GCC
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