Micro irrigation systems market size and growth was valued at USD 10.5 billion in 2021 and is predicted to grow at a CAGR of 11.5% in the forecast period due to growing concerns connected to water scarcity and food security. The growth of the micro-irrigation systems market is driven by factors such as the demand for higher yields from limited areas, the rapid extension of greenhouse vegetable production, and the growing integration of artificial intelligence in micro-irrigation systems. This trend is amplified by significant investments from global players in the development of modern farming practices, propelled by the prediction of higher returns on investment in the agricultural sector.
Drip irrigation companies around the globe have preserved amid challenging conditions, sustaining their functions. Despite this resilience, different shocks have affected service delivery. Fiscal constraints, disruptions in supply chains due to travel restrictions, and the scarcity of available labor have predicted significant challenges for the seamless functioning of these companies.
- Netafim Limited: Netafim is the world’s largest irrigation company, taking the global lead in precision irrigation solutions with a pledge to direct the shortage of water, food, and land for a sustainable future. Functioning across 110 countries, Netafim, established during 1965, has 33 subsidiaries and 17 manufacturing plants around the globe. Pioneering the drip revolution, Netafim has played an important role in reshaping irrigation practices, introducing innovative, personalized irrigation and fertigation solutions that empower millions of farmers, ranging from smallholders to large-scale agricultural producers, to accomplish more sustainable and efficient crop cultivation. Netafim has evolved to specialize in end-to-end solutions, covering the complete journey from the water source to the root zone. The company now offers comprehensive services, including irrigation and greenhouse projects, along with solutions for landscape and mining. Netafim complements its offerings with engineering, financing services, project management, and others. The company is in the foreground of digital farming, establishing the integration of real-time monitoring, automated control, and analysis into a state-of-the-art system. This approach reveals Netafim’s commitment to developing precision agriculture through cutting-edge technology.
- Lindsay Corporation: Lindsay is actively navigating the challenges and promises of global growth by innovating and expanding the world’s potential. The company aims to deliver advanced solutions in infrastructure, industrial, and irrigation technology. These solutions aim to foster safe and sustainable growth for global populations. It offers a variety of award-winning remote monitoring and control systems to industry-leading irrigation solutions, all personalized to meet the precise needs of growers and agriculture advisors. In addition, the company is committed for functioning in compliance and sustainable infrastructure solutions to road authorities and contractors, developing road safety, and developing transportation systems around the globe.
- Jain Irrigation Systems Limited: Jain Irrigation Systems Ltd., guided by its corporate mission ‘leave this world better than you found it,’ stands as a diversified entity with a turnover exceeding one billion US dollars. The company boasts a global existence, with 33 manufacturing bases spanning four continents. Jain Irrigation’s products are distributed to 126+ countries through a network of 11,000+ dealers and distributors, impacting over 10 million farmers. As the world’s largest Micro-irrigation company, its Micro-irrigation Division offers an all-inclusive range of precision-irrigation products. Beyond product manufacturing, Jain Irrigation provides end-to-end services, including soil surveys, engineering design, and agronomic support, strengthening its commitment to sustainable and efficient agriculture. This organization extends its commitment to agricultural innovation through a vast 2300-acre Hi-Tech Agri Institute, serving as a farm resource research and development, extension Centre, demonstration, and others. The company further reinforces its enthusiasm for all-inclusive agricultural and irrigation enhancement by undertaking turnkey projects. These proposals reflect Jain Irrigation’s universal and participated approach, contributing to the improvement of agricultural procedures and the sustainable extension of the farming community.
- EPC Industries: Mahindra EPC, a Mahindra Group Company, formerly known as EPC Irrigation Limited, is a trailblazer in micro-irrigation in India. Through a preferential issue of equity shares, Mahindra & Mahindra has bought a majority stake in Mahindra EPC Irrigation Limited, marking M&M’s entry into the micro-irrigation sector. EPC offers comprehensive solutions for agriculture, with a principal focus on micro irrigation, pumps, and connected conditions of fertigation and agronomic support. In addition, Mahindra EPC has plans to venture into other allied business activities in the future, widening its scope within the agricultural sector.
- Hunter Industries: Hunter Industries stands as a global leader in the irrigation, dispending technology, outdoor lighting, and custom manufacturing sectors. The company’s success is ascribed to the collective efforts and talents of a team containing over 4,000 individuals. Concurrently, they design and manufacture a mixture of products visible globally, from residential insights to national landmarks, hotels, municipal buildings, parks, and stadiums. Despite their global reach, Hunter Industries maintains a family-owned status, fostering a unique and special work environment. The company’s indifferent, caring, and fun culture contributes to making it a separate and pleasant place to work. As Hunter Industries expands, it remains committed to preserving its outstanding company culture, strengthening that its employees take superiority in being part of the organization.