Press release
Micro Irrigation Systems Market at a 18.48% of CAGR With USD 9.71 Billion By 2023 | Key Players: Rain Bird, Valmont Industries, Epc Industries Private Limited, Nelson Irrigation Corporation, Rivulis Irigation, T-L Irrigation Company, Lindsay Manufacturing
This study provides insights about the Micro Irrigation Systems Market in regards to its uses and benefits. We at Crystal Market Research (CMR) provide updated information that is beneficial in decision making regarding business investments.Examine Report Description with Detailed ToC on Micro Irrigation Systems Market at: https://www.crystalmarketresearch.com/report/micro-irrigation-systems-market .
Industry Outlook and Trend Analysis:
The global Micro Irrigation Systems Market was worth USD 2.11 billion in 2014 and is expected to reach approximately USD 9.71 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 18.48% during the forecast period. These systems are low to medium pressure systems that give water to various applications as drip, mist, spray and sprinkle. Micro irrigation systems give water to the plant roots through an intricate pipe system and low discharge emitters. The water discharge design in these systems can be adjusted according to particular plant water prerequisites as some agriculture, and agronomic plants have distinctive necessities. The system parts incorporate channels, low release water-discharging devices, tubes, stream control gear, fitting, and accessories.
Major Key Players:
The leading players in the market are Rain Bird, Valmont Industries, Epc Industries Private Limited, Nelson Irrigation Corporation, Rivulis Irigation, T-L Irrigation Company, Lindsay Manufacturing, Jain Irrigation Systems, Toro and Netafim. The business is exceedingly divided with different little, medium and vast industry members. Organizations are investing into R&D activities and fashioning associations with an aim to pick up a more grounded toehold in the market by upgrading their product portfolio.
Regional outlook and Trend Analysis:
North America represented the biggest share of the worldwide market trailed by Asia Pacific and Europe. Developing districts, for example, Asia Pacific, Middle East and Africa and Central and South America are anticipated to encounter extreme water shortage soon attributable to developing water interest for local, business and mechanical purposes. These regions are anticipated to witness lively interest for such advances and are anticipated to be significant request focuses. High predominance in the developed areas and plentiful solid request development in the rising districts offer adequate open doors for the business members.
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Product Outlook and Trend Analysis:
Significant product types incorporate drip, sprinklers, central pivot and lateral move. Sprinklers commanded the worldwide market over the current past is anticipated to proceed with this strength over the figure time frame. Nonetheless, drip irrigation systems are foreseen to witness the most elevated development rates throughout the following years took after by sprinklers. Diverse sprinkler parts incorporate pumping unit, tubings, fittings/sprinkler heads, and couplers. Among these, tubing is anticipated to witness the quickest development rate.
Crop outlook and Trend Analysis
Micro irrigation systems can be sectioned by various crop types, for example, field crops, plantation crops, forage & turf grasses, and field crops. Among these few yield composes, plantation crops overwhelmed the worldwide market took after by estate products and field crops. Field crops are foreseen to witness the most elevated development rate took after by forage & grasses and orchard crops. The growth is owing to developing demand of food attributable to rising populace particularly in numerous developing regions.
The Micro Irrigation Systems Market is segmented as follows-
By Product: Sprinkler, Drip, Center pivot & Lateral move
By Crop: Plantation crops, Orchard crops, Field Crops, Forage & turf grasses & Other Crops
By Region: North America: (U.S, Canada & Mexico), Europe: (Germany, France, UK, Italy, Spain & Rest of Europe), Asia-Pacific: (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific) and Rest of the World: (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates & Others)
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Major Toc of Micro Irrigation Systems Market :
Part 1. Introduction
1.1. Report Description
1.2. Research Methodology
Part 2. Executive Summary
2.1. Key Highlights
Part 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Efficient Usage of Water Resources in Drought Conditions
3.2.1.2. Rapid Growth in Greenhouse Vegetable Production
3.2.2. Restraints
3.2.2.1. Constant Maintenance Requirement
3.2.2.2. High Primary Investment
3.2.3. Opportunities
3.2.3.1. Escalating Microfinance Network
Part 4. Micro Irrigation Systems Market, By Product
4.1. Introduction
4.2. Global Micro Irrigation Systems Sales, Revenue and Market Share By Product (2014-2017)
4.2.1. Global Micro Irrigation Systems Sales and Sales Share By Product (2014-2017)
4.2.2. Global Micro Irrigation Systems Revenue and Revenue Share By Product (2014-2017)
4.3. Micro Irrigation Systems Market Assessment and Forecast, By Product, 2014-2023
4.4. Sprinkler
4.4.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5. Drip
4.5.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.6. Center Pivot
4.6.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.7. Lateral Move
4.7.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
Part 5. Micro Irrigation Systems Market, By Crop
5.1. Introduction
5.2. Global Micro Irrigation Systems Sales, Revenue and Market Share By Crop (2014-2017)
5.2.1. Global Micro Irrigation Systems Sales and Sales Share By Crop (2014-2017)
5.2.2. Global Micro Irrigation Systems Revenue and Revenue Share By Crop (2014-2017)
5.3. The Micro Irrigation Systems Market Assessment and Forecast, By Crop, 2014-2023
5.4. Plantation Crops
5.4.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.5. Orchard Crops
5.5.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.6. Field Crops
5.6.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.7. Forage & turf grasses
5.7.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.8. Other Crops
5.8.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
....CONTINUED FOR TOC
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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