Press release
Micro Irrigation Equipment Market Detailed Analysis with Forecast 2018-2025 by Global Top Players - Rivulus Plastro, Lindsay Corporation, Valmont Industries, Elgo Irrigation, Hunter Industries, The Toro Company, Sistema Azud SA, T-L Irrigation Company and
Adroit Market Research offers 2018 report on “Micro Irrigation Equipment Market 2025” that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2025.About the Micro Irrigation Equipment Market:
Irrigation is an essential part of crop cultivation that requires good amount of water supply. Micro-irrigation systems have various low or medium pressure equipment like spray, mist, jet, sprinkles and drip. With the growing concern of water scarcity, these equipment can prove beneficial and an innovative solution compared to conventional practices. Major factors that have helped grow micro-irrigation equipment are increasing demand of food & agriculture and growing water supply & storage issues. However, the high maintenance cost and initial investment may act as hindrance to the market growth.
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Micro Irrigation Equipment Market Competition by TOP PLAYERS, with Micro Irrigation Equipment sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including: Rivulus Plastro Ltd., Lindsay Corporation, Valmont Industries Inc., Elgo Irrigation Ltd., Hunter Industries Inc., The Toro Company, Sistema Azud SA, T-L Irrigation Company, Reinke Manufacturing Company Inc., Eurodrip SA, Rain Bird Corporation, and Jain Irrigation Systems Market
Scope of the Report (Overlook 2018-2025):
North America is the region which has most substantial micro irrigation equipment market share. North American market growth is primarily denoted by the efforts of Nelson Irrigation Corporation, Lindsay Corporation and Rain Bird Corporation who develop reliable micro irrigation products. It promotes development of mechanized and robust micro irrigation systems in the region. North America Climate Smart Agricultural Initiative has enabled easy collaboration between industry participants and farmers in the region. Moreover, U.S. has realized the significance of water conversation which is further driving the regional market growth.
Asia Pacific is agricultural region and the major source of revenue generation comes from crop cultivation. Along with that government is utilizing more micro irrigation systems which resulted in significant growth in the region. The MEA region is expected to have remarkable industry growth as the countries of this region are in influence of green revolution. The availability of arable lands supported proper implementation of mechanized and micro irrigation systems.
Micro-irrigation equipment market is classified on the basis of crop type, geography, product type and application. The segmentation done under product type is drip and sprinkler irrigation. Sprinkler irrigation has contributed the highest in revenue generation. However, drip irrigation may have fastest growth in the upcoming years.
On the basis of crop type, the market has sub-segments that are orchard crops, plantation crops, field crops, and others. The highest revenue is recorded by orchard crop type and is expected to grow up. However, the plantation crop type is expected to be the fastest growing in the forthcoming years.
There are various categories, when classification is based on applications that is large, &corporate farming, small farming, government and others. Small farming is all over the market and is expected to dominate in the near future.
The prime focus of prominent industry players is on developing innovative and sophisticated products based on extensive research and development. The market is highly competitive with most players focusing on growth opportunities in developing countries.
Key segments of ‘Global Micro Irrigation Equipment Market’
Based on crop scope, the market has been segmented into:
Plantation Crops
Orchard Crops
Field Crops
Forage & Grass
Others
Based on application, the market has been segmented into:
Agriculture
Landscape
Greenhouse
Nursery
Others
What Information does this report contain?
• Historical data coverage: 2014 to 2017; Growth Projections: 2018 to 2025.
• Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
• 6-7 year performance forecasts: major segments covering applications, top products and geographies.
• Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
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About Adroit Market Research:
Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.
Ryan Johnson
Adroit Market Research
3131 McKinney Ave #600
Dallas, TX 75204
Tel: +1-214-884-6068
Email: sales@adroitmarketresearch.com
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