Press release
Sprinkler Systems Market - North America to be largest Contributor in the Market Growth Accounting More than 43% Share
Agriculture plays a significant role in the economy of various countries across the globe. According to the Food and Agriculture Organization of the United Nations, in the year 2000 more than 60% of the world’s population depends on agriculture that accounts for around 40% of the Gross Domestic Products. Food and Agriculture Organization of the United Nations has also mentioned that more than 40% of entire exports include agricultural goods.This study researches the market size of Sprinkler Systems in United States, European Union and China, presents the Sprinkler Systems production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
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Sprinkler systems are widely used with a view to combat increasing water stress across the globe, by efficient water management. The high returns on investment obtained by the producers, coupled with the low labor force associated with these systems increases its adoption in the agricultural sector.
The rising scarcity of water is the primary driver for the growth of the market. Demographic changes due to industrialization and rapid urbanization have resulted in unsustainable economic practices and degradation of natural resources. These factors have led to many problems across the globe, one of them being the shortage of water. The growing need for water coupled with significant water management issues is making water an expensive resource, forcing governments in various regions to put regulations on consumption of water.
North America dominated the global sprinkler systems market and accounted for a market share of over 43%, with the US being one of the largest contributors in this region. The landscaping of yards and outdoor spaces to provide aesthetic appeal to commercial and residential spaces for official as well as recreational activities has gained considerable momentum in the US. This will further drive the sprinkler system market in North America.
In 2018, the market size of Sprinkler Systems is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.
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In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Sprinkler Systems.
In United States, European Union and China market, the following companies are covered:
Jain Irrigation
Netafim
The TORO company
Nelson Irrigation
STHIL
...
Market Segment by Product Type
Controllers
Sensors
Valves
Flow Meters
Others
Market Segment by Application
Commercial
Industrial
Residential
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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The study objectives are:
To analyze and research the Sprinkler Systems status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Sprinkler Systems manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Sprinkler Systems are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
QYResearch, established in 2007, focuses on custom research, management consulting, IPO consulting, industry chain research, and data base &seminar services. The company owns large basic databases (such as National Bureau of Statistics Database, Customs Import and Export Database, Industry Association Database, etc.), expert resources (including industry experts who own more than 10 years experiences on marketing or R&D in industries of energy, automotive, chemicals, medical ICT consumer goods, etc.), professional survey team (the team members obtained more than 3 years market survey experience and more than 2 years deep expert interview experience), and excellent data analysis team (SPSS statistics and PPT graphics process team).
QYResearch has more than 4000 global well-known customers, covering more than 30 industries including energy, automobiles, pharmaceuticals, chemicals, agriculture, etc. Company services cover one-stop solution as Data-Analysis-Suggestion-Consulting Implementation. Research regions cover China, US, EU, Asia, Middle East and Africa, South America, Australia, and other regions in the world. QYResearch built research or marketing centers in China (Beijing, Shanghai, Guangzhou, and Hong Kong), USA, Canada, Germany, UK, France, etc. Currently, QYResearch has become the first choice, worthy and trusted consulting brand in Global and Chinabusiness consulting services
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