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With a population nearing 51 million, South Korea faces notable challenges related to water availability, particularly in the realm of agriculture. While the agricultural sector contributes only about 2% to the country's GDP, it remains essential for food security and the livelihoods of rural populations. The nation’s geography, marked by mountainous landscapes and limited cultivable land, poses constraints on agricultural development. Additionally, South Korea's seasonal climate leads to inconsistent rainfall, characterized by heavy monsoon rains followed by dry spells. This variability complicates the management of water resources for farming, as farmers must contend with both surplus water during the rainy season and shortages during periods of drought. The demand for clean water for agricultural use is further complicated by pollution from industrial activities and urban runoff, which degrade freshwater resources. As a result, farmers often find it challenging to access clean water for irrigation, which negatively impacts crop yields and agricultural sustainability. The government has recognized these challenges and is actively working to implement solutions that enhance water management and ensure the availability of clean water for agricultural purposes.
According to the research report, "South Korea Micro Irrigation System Market Outlook, 2029," published by Bonafide Research, the South Korea Micro Irrigation System market is anticipated to add to more than USD 81.41 Million by 2024–29. South Korea is experiencing significant growth. Micro irrigation, particularly drip irrigation and sprinkler systems, allows for precise water application directly to crops, minimizing waste and maximizing efficiency. The South Korean government has been proactive in promoting these technologies as part of its agricultural modernization efforts. Initiatives include financial support for farmers adopting micro irrigation systems, as well as educational programs to raise awareness about water conservation practices. Furthermore, advancements in technology, including smart irrigation systems equipped with sensors and automation, are enhancing the effectiveness and accessibility of micro irrigation solutions. As South Korea continues to face challenges related to water availability and agricultural productivity, the expansion of micro irrigation systems presents a viable pathway to improve water management, ensure food security, and promote sustainable agricultural practices.
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The South Korea micro irrigation system market is divided into several distinct segments, including the drip irrigation system, sprinkler irrigation system, and other irrigation systems like bubblers and sprays. Of these, the drip irrigation system segment is the clear leader, accounting for the largest share of the overall market. This dominance can be attributed to the numerous advantages that drip irrigation offers over other methods. Drip systems deliver water directly to the roots of plants in a highly efficient and targeted manner, minimizing water waste and ensuring optimal moisture levels in the soil. This precision helps conserve precious water resources, which is especially important in a country like South Korea that faces occasional droughts and water scarcity issues. Additionally, drip irrigation systems require less maintenance and labor compared to other setups, making them a more cost-effective and convenient choice for farmers and landscapers. The ability to easily automate drip systems also appeals to users seeking a hands-off, low-effort irrigation solution.
The micro-irrigation system market in South Korea is dominated by two primary segments: plantation crops and field crops. Plantation crops, such as ginseng, fruits, and vegetables, require precise water management to optimize yields and quality. Micro-irrigation systems, with their ability to deliver water directly to the root zone, are particularly well-suited for these crops, helping to prevent waterlogging and nutrient leaching. Field crops, including cereals, oilseeds, and legumes, also benefit from micro-irrigation, especially in regions with limited rainfall or during dry periods. The use of micro-irrigation systems for field crops can improve water use efficiency, enhance crop yields, and reduce the risk of crop failures due to drought. While other segments, such as orchards and vineyards, also utilize micro-irrigation systems, plantation crops and field crops account for the largest market share in South Korea due to their extensive cultivation and specific water management requirements.
COVID-19 Impact
COVID-19, followed by lockdowns across several economies is negatively influencing the agriculture industry, especially from the perspective of labor. The crisis is expected to continue in the upcoming months owing to suspended trade across economies at present. There is no doubt that the pandemic will affect the market negatively as well, however, to what extent can only be anticipated once the pandemic ends. Less labor associated with the operation of some of the micro irrigation practices, coupled with the availability of automated systems especially across the developed market is expected to remain the prominent reasons for the plausible market stability. the economic slowdown caused due to the COVID-19 can impact the number of annual installations of high-priced micro irrigation systems.
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Manmayi Raval
Research Consultant
Considered in this report
• Geography: South Korea
• Historic Year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029
Aspects covered in this report
• South Korea Micro Irrigation System
• By crop type market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
Based on by type of irrigation system in the report:
• Drip irrigation system
• Sprinkler irrigation system
• Other irrigation
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Based on 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 micro irrigation market trends, agriculture industry, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. South Korea Macro Economic Indicators
5. Market Dynamics
5.1. Market Drivers & Opportunities
5.2. Market Restraints & Challenges
5.3. Market Trends
5.3.1. XXXX
5.3.2. XXXX
5.3.3. XXXX
5.3.4. XXXX
5.3.5. XXXX
5.4. Covid-19 Effect
5.5. Supply chain Analysis
5.6. Policy & Regulatory Framework
5.7. Industry Experts Views
6. South Korea Micro Irrigation System Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast, By Type
6.3. Market Size and Forecast, By Crop Type
7. South Korea Micro Irrigation System Market Segmentations
7.1. South Korea Micro Irrigation System Market, By Type
7.1.1. South Korea Micro Irrigation System Market Size, By Drip Irrigation System, 2018-2029
7.1.2. South Korea Micro Irrigation System Market Size, By Sprinkler Irrigation System, 2018-2029
7.1.3. South Korea Micro Irrigation System Market Size, By Other Irrigation System, 2018-2029
7.2. South Korea Micro Irrigation System Market, By Crop Type
7.2.1. South Korea Micro Irrigation System Market Size, By Field Crop, 2018-2029
7.2.2. South Korea Micro Irrigation System Market Size, By Orchards and Vineyards, 2018-2029
7.2.3. South Korea Micro Irrigation System Market Size, By Plantation Crops, 2018-2029
7.2.4. South Korea Micro Irrigation System Market Size, By Others Crops, 2018-2029
8. South Korea Micro Irrigation System Market Opportunity Assessment
8.1. By Type, 2024 to 2029
8.2. By Crop Type, 2024 to 2029
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer
Table 1: Influencing Factors for Micro Irrigation System Market, 2023
Table 2: South Korea Micro Irrigation System Market Size and Forecast, By Type (2018 to 2029F) (In USD Million)
Table 3: South Korea Micro Irrigation System Market Size and Forecast, By Crop Type (2018 to 2029F) (In USD Million)
Table 4: South Korea Micro Irrigation System Market Size of Drip Irrigation System (2018 to 2029) in USD Million
Table 5: South Korea Micro Irrigation System Market Size of Sprinkler Irrigation System (2018 to 2029) in USD Million
Table 6: South Korea Micro Irrigation System Market Size of Other Irrigation System (2018 to 2029) in USD Million
Table 7: South Korea Micro Irrigation System Market Size of Field Crop (2018 to 2029) in USD Million
Table 8: South Korea Micro Irrigation System Market Size of Orchards and Vineyards (2018 to 2029) in USD Million
Table 9: South Korea Micro Irrigation System Market Size of Plantation Crops (2018 to 2029) in USD Million
Table 10: South Korea Micro Irrigation System Market Size of Others Crops (2018 to 2029) in USD Million
Figure 1: South Korea Micro Irrigation System Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 2: Market Attractiveness Index, By Type
Figure 3: Market Attractiveness Index, By Crop Type
Figure 4: Porter's Five Forces of South Korea Micro Irrigation System Market
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