The rising problem of water scarcity is increasing the scope of the micro irrigation systems across the globe. Techniques such as the micro-irrigation systems enhances the productivity and reduces the virtual water requirement in the agricultural sector. By the end of the forecast period of 2019-2027, the Asia-Pacific micro irrigation system market is expected to register a CAGR of 17.63%.
In China, the government has introduced policy measures to increase irrigation use efficiency to 60% by 2030. On the other hand, Japan has established irrigation systems based on the open channel type in main and branch lines to supply water to paddy fields and increase the rice production in the region. The Indian MIS market is mainly driven by the increasing population and the growing prevalence of micro irrigation system to deal with water scarcity problem in order to enhance the yield capacity of crops. Other significant markets in this region are South Korea, Australia and those in Rest of Asia-Pacific.
MIS companies such as Netafim Ltd., T-L Irrigation Co., Valmont Industries, Inc., Nelson Irrigation Corporation, Rain Bird Corporation, Mahindra EPC Irrigation, Lindsay Corporation, Jain Irrigation Systems Ltd., Hunter Industries, Toro Company, Rivulis Irrigation Ltd., and Irrigation & Water Technologies (IWT) are competing in this market