Saudi Arabia Micro Irrigation System Market
Saudi Arabia Micro Irrigation System Market, By Type (Drip Irrigation System, Sprinkler Irrigation System, Others); By Crop Type (Field Crops, Orchards & Vineyards, Plantation Crops, Others); By End User (Industrial, Farmers, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: January 2024
- Report ID: BWC24039
- Available Format: PDF
- Page: 200
Report Overview
The government’s initiatives promoting efficient water use, expanding agricultural activities in water scarce country, and increasing adoption of modern farming practices are key driving factors for the Saudi Arabia Micro Irrigation System Market during the forecast period between 2024 and 2030.
Saudi Arabia Micro Irrigation System Market – Industry Trends & Forecast Report, 2030
Saudi Arabia Micro Irrigation System Market size was estimated at USD 144.94 million in 2023. During the forecast period between 2024 and 2029, the size of Saudi Arabia Micro Irrigation System Market is projected to grow at a CAGR of 6.71% reaching a value of USD 228.32 million by 2030. The driving factors of the Saudi Arabia Micro Irrigation System Market include an increasing focus on sustainable agriculture, water scarcity concerns, government initiatives promoting efficient water usage, and the desire to enhance crop yields. Farmers' increasing awareness of the benefits of precision irrigation, such as reduced water wastage and improved resource efficiency, is also fueling market growth. Additionally, advancements in technology, favorable regulatory support, and the need to overcome traditional irrigation challenges contribute to the expanding adoption of micro-irrigation systems in Saudi Arabia's agricultural landscape.
Micro Irrigation System – Overview
Micro irrigation system is an efficient and water-saving agricultural technique that delivers water directly to the roots of plants in controlled amounts. The system includes drip and sprinkler systems, reducing water wastage, and optimizing irrigation. This precision method enhances crop yield, conserves resources, and minimizes environmental impact. The system utilizes tubing, emitters, and pumps to deliver water in a targeted manner, promoting sustainable agriculture by addressing water scarcity concerns and increasing overall efficiency in water usage.
Saudi Arabia Micro Irrigation System Market
Growth Drivers
Increasing Adoption of Advanced Techniques
In a pivotal shift, Saudi Arabian farmers are embracing innovative irrigation methods, propelling the micro irrigation system market to new heights. The rapid adoption of advanced techniques promises increased agricultural efficiency, water conservation, and enhanced crop yields. The kingdom's agricultural landscape undergoes a transformative journey, driven by a surge in demand for state-of-the-art irrigation solutions, marking a significant leap towards sustainable farming practices.
Restraints
Optimizing Resource Allocation amid High Initial Investment
The micro irrigation sector in Saudi Arabia faces a significant growth restraint in the form of high initial investments, posing a barrier to widespread adoption. Stakeholders must strategically allocate resources to overcome the challenge, fostering sustainable growth and ensuring the efficient deployment of micro irrigation systems in the region. Farmers and agricultural stakeholders may find it financially daunting to adopt this technology, limiting its widespread implementation. Addressing and mitigating the financial constraints associated with the upfront costs is crucial for unlocking the potential benefits of micro irrigation systems in enhancing agricultural productivity and sustainability.
Impact of Escalating Geopolitical Tensions on Saudi Arabia Micro Irrigation System Market
Escalating geopolitical tensions, notably the Russia-Ukraine war, have significantly impacted the Saudi Arabia Micro Irrigation System Market. Heightened global uncertainties have led to increased commodity prices, affecting the cost of raw materials and transportation, thereby elevating overall production costs for micro irrigation systems. Additionally, strained international relations may disrupt supply chains, causing delays in imports and potentially hampering market growth. Investors and businesses are likely to exhibit heightened caution, impacting investment decisions and market expansion strategies. The interplay of geopolitical dynamics introduces an element of unpredictability, making it crucial for stakeholders in the Saudi Arabian micro irrigation sector to closely monitor and adapt to the evolving geopolitical landscape for sustained market resilience.
Saudi Arabia Micro Irrigation System Market
Segmental Coverage
Saudi Arabia Micro Irrigation System Market – By Type
Based on type, Saudi Arabia Micro Irrigation System Market is divided into Drip Irrigation System, Sprinkler Irrigation System and other segments. The drip irrigation system segment holds the largest share in the Saudi Arabia Micro Irrigation System Market. Drip irrigation technology, characterized by its precision in water delivery directly to plant roots, has gained prominence in the country due to its efficiency in water conservation and crop yield enhancement. The segment's dominance reflects a growing preference for precision agriculture practices, emphasizing sustainable water usage, and increased agricultural productivity in the arid Saudi Arabian landscape.
Saudi Arabia Micro Irrigation System Market – By Crop Type
Based on crop type, Saudi Arabia Micro Irrigation System Market is divided into Field Crops, Orchards & Vineyards, Plantation Crops, and other segments. The field crops segment accounts for the highest market share. The segment encompasses a broad range of crops cultivated on a large scale, highlighting the significance of micro irrigation systems in optimizing water usage and enhancing crop yields for field crops. The application of micro irrigation in the segment promotes sustainable agricultural practices and addresses water scarcity challenges in Saudi Arabia's farming landscape.
Saudi Arabia Micro Irrigation System Market – By End User
By end user, Saudi Arabia Micro Irrigation System Market is divided into Industrial, Farmers, and other segments. The farmers segment dominates the Saudi Arabia Micro Irrigation System Market. The segment holds a significant share, indicating a substantial adoption of micro irrigation systems among agricultural practitioners in the country. The emphasis on efficient water management and the benefits of precision irrigation in enhancing crop yields likely contribute to the prominence of the farmers segment in the market. The significant role of agriculture in the Saudi Arabian economy is highlighted by farmers embracing micro irrigation systems, emphasizing the crucial role of advanced irrigation technologies in efficiently using resources for sustainable agricultural practices.
Competitive Landscape
Major players in the Saudi Arabia Micro Irrigation System Market include Netafim, Lindsay Corporation, Rain Bird Corporation, Rivulis, and T-L Irrigation. To enhance their market share and expand their reach, these companies are also focusing on investing in innovations, collaborations, and expansions.
Recent Developments
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In February 2021 - Rain Bird launched “Rain Bird Resources,” a new, free mobile app intended to help landscape contractors and other landscape irrigation professionals get the information they need anytime and anywhere.
Scope of Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2023 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
North America, Europe, Asia Pacific (APAC), Latin America (LATAM), Middle East and Africa (MEA) |
Product/Service Segmentation |
Type, Crop Type, End User |
Key Players |
Netafim, Lindsay Corporation, Rain Bird Corporation, Rivulis, T-L Irrigation |
By Type
-
Drip Irrigation System
-
Sprinkler Irrigation System
-
Others
By Crop Type
-
Field Crops
-
Orchards & Vineyards
-
Plantation Crops
-
Others
By End User
-
Industrial
-
Farmers
-
Others
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Saudi Arabia Micro Irrigation System Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rapid adoption of advanced irrigation techniques by farmers in Saudi Arabia
- Restraints
- High initial investment
- Opportunities
- Technological advancements
- Challenges
- High maintenance costs of micro-irrigation systems
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Saudi Arabia Micro Irrigation System Market Overview
- Market Type & Forecast, 2019–2030
- By Value (USD Million)
- Market Share and Forecast
- By Type
- Drip Irrigation System
- Sprinkler Irrigation System
- Others
- By Crop Type
- Field Crops
- Orchards & Vineyards
- Plantation Crops
- Others
- By End User
- Industrial
- Farmers
- Others
- By Type
- Market Type & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- Saudi Arabia Micro Irrigation System Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on Saudi Arabia Micro Irrigation System Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- Netafim
- Lindsay Corporation
- Rain Bird Corporation
- Rivulis
- T-L Irrigation
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By End-user
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Saudi Arabia Micro Irrigation System Segmentation
Figure 2 Saudi Arabia Micro Irrigation System Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Saudi Arabia Micro Irrigation System Market Type, By Value (USD Million), 2019–2030
Figure 5 Saudi Arabia Micro Irrigation System Market Share, By Type, By Value, 2019–2030
Figure 6 Saudi Arabia Micro Irrigation System Market Share, By Crop Type, By Value, 2019–2030
Figure 7 Saudi Arabia Micro Irrigation System Market Share, By End User, By Value, 2019–2030
List of Tables
Table 1 Saudi Arabia Micro Irrigation System Market Type, By Value (USD Million), 2019–2030
Table 2 Saudi Arabia Micro Irrigation System Market Share, By Type, By Value, 2019–2030
Table 3 Saudi Arabia Micro Irrigation System Market Share, By Crop Type, By Value, 2019–2030
Table 4 Saudi Arabia Micro Irrigation System Market Share, By End User, By Value, 2019–2030
Table 5 Netafim Company Overview
Table 6 Netafim Financial Overview
Table 7 Lindsay Corporation Company Overview
Table 8 Lindsay Corporation Financial Overview
Table 9 Rain Bird Corporation Company Overview
Table 10 Rain Bird Corporation Financial Overview
Table 11 Rivulis Company Overview
Table 12 Rivulis Financial Overview
Table 13 T-L Irrigation Company Overview
Table 14 T-L Irrigation Financial Overview
Market Segmentation
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