Latin America Micro Irrigation Systems Market - Industry Analysis, Growth, Demand, Share, & Forecast To 2027

Brazil which is one of the major global markets for micro irrigation relies on expanding irrigated cropping areas to increase agricultural production. This expansion is constrained by water policy goals to restrict water scarcity to acceptable levels. The agricultural land has increased from 6 million acres to 7 million acres under irrigated systems. Latin America has a diverse climate across the region from dry to temperate. In arid and semiarid areas of Argentina and Brazil, crop production relies totally on irrigation. While in other areas, like the south eastern of Brazil, irrigation is supplemental to natural precipitation transferred to the atmosphere by soil evaporation and plant transpiration. Evapotranspiration from irrigated agriculture is an important issue in arid and semi-arid regions where it has large impact on water resources depletion and water management. In most arid and semiarid zones of Latin America increase in the irrigated land will require efficiency improvement in conveyance, distribution and application, as well as more efficient use of water by plants. This can be achieved through improvement of designs, rehabilitation and modernization of irrigation schemes and the adoption of efficient irrigation techniques. According to the report title “Latin America Micro Irrigation System Market Outlook, 2027”, published by Actual Market Research, the market is expected to grow at a CAGR of 9.90% by the year 2027. Sprinkler irrigation and Drip irrigation both are used in Latin America for agricultural farming but the later is used more. During the forecast period as well the drip irrigation is anticipated to display high growth rates. Soybean and corn are the two major field crops grown in Brazil and Sugarcane, coffee and cotton the highest plantation crops grown in this country. Bananas, tomatoes and oranges form the orchards & vineyard crops that are cultivated using drip irrigation widely. Brazil has the highest water availability of any country in the world. Nearly 20% of the entire world's rivers flow on Brazilian soil. Brazil's herds of cattle, pigs and poultry are among the largest in the world, and the country uses irrigated agriculture extensively, which accounts for most water consumption. Poor irrigation management can have great impact on crop production and on environment while good management reduces the waste of soil and water and help farmers maximizing their profits. Latin American countries show a great potential for expanding their irrigated areas. Irrigation is important for strengthening local and regional economy and for enhancing food security. To make irrigation sustainable, both environmentally and economically, society will need to improve agricultural productivity, change institutional structures, modify water policies, improve delivery and on-farm systems, improve management of degraded soils, enhance water reuse, improve crop water management, and address rising energy prices. Surface Drip Irrigation is practised in Brazil since ages and it offers many benefits to Brazilian grain farmers; it eliminates surface evaporation, extends the life of irrigation systems, prevents weed germination, eliminates herbicide wash-out and also reduces labour requirements and maintenance costs. It enables safe and efficient delivery of fertilizer and chemicals and reduces animal, human or mechanical damage to the drip line. Major Companies present in the market: Netafim Limited, Lindsay Corporation, Jain Irrigation Systems Limited, The Toro Company, Mahindra EPC Irrigation Limited, Rain Bird Corporation, PGG Wrightson Limited, Hunter Industries Inc., Rivulis Irrigation Limited, Irritec S.p.A, Dripworks, Inc., Valmont Industries Inc., Camposol S. A., Chinadrip Irrigation Equipment Co., Ltd., Microjet Irrigation Systems. Considered in this report • Geography: Latin America • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Latin America micro irrigation system market with its value and forecast along with its segments • Country wise micro irrigation system market analysis • Application wise micro irrigation system distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Regions covered in the report • Brazil • Argentina • Colombia Types of micro irrigation system in the report: • Drip Irrigation System • Sprinkler Irrigation System • Other Irrigation System (Bubbler, Spray, etc.) By Crop Type in the report: • Field Crops • Orchards and Vineyards • Plantation Crops • Other Crops The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to irrigation industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.