Micro Irrigation Systems Market Expected to Reach $8,321 Million | By Top Leading Companies Valmont Industries, Inc., Hunter Industries, The Toro Company, Jain Irrigation Systems Ltd., Nelson Irrigation, Netafim Ltd., Lindsay Corporation, T-L Irrigation C

Micro Irrigation Systems Market is expected to garner $8,321 million by 2022, registering a CAGR of 16.6% during the forecast period 2016 - 2022. Irrigation involves provision of water to dry land for crop cultivation. The micro-irrigation process supplies water at frequent intervals above and below the soils surface. Micro-irrigation systems are generally low- or medium-pressure systems that deliver water in the form of sprinkles, spray, mist, drip, and jet. Due to rise in concerns of water scarcity, micro irrigation systems prove to be an innovative and efficient solution as compared to the conventional irrigation practices. The two major factors that drive the micro-irrigation systems market are an increase in the demand for food and agriculture products and a rise in water supply & storage problem.

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The high initial investment and high maintenance cost of the micro-irrigation system act as the hindrance to the growth of the market. A micro-irrigation system is not a feasible option for the farmer with less area of cultivation. However, an increase in the investment from the companies is expected to reduce the impact of these restraints. Various companies develop cost-effective equipment for this market. The micro-irrigation market faces challenges from the high cost of equipment and narrow level of commercialization in the developing economies.

The report incorporates the study of micro-irrigation systems, and focuses on the various growth prospects and restraints in the market. The study highlights Porters five forces analysis for the market that comprises of the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market. The study also depicts the value chain analysis for the world micro-irrigation systems market.

The key players that operate in the market are: Valmont Industries, Inc., Hunter Industries, The Toro Company, Jain Irrigation Systems Ltd., Nelson Irrigation, Netafim Ltd., Lindsay Corporation, T-L Irrigation Co., Rain Bird Corporation, and Rivulis Irrigation.

The micro-irrigation systems market is segmented on the basis of product type, crop type, application, and geography. The segmentation done under product type is sprinkler irrigation and drip irrigation. In 2015, the sprinkler irrigation systems contributed the highest revenue in the market, globally. However, the drip irrigation systems are anticipated to exhibit the fastest growth during the forecast period 2016 - 2022.

Based on crop type, the market is sub-segmented into plantation crops, field crops, orchard crops, and others. The orchard crop type segment garnered the highest revenue share in 2015 and is expected to exhibit the same during the forecast period. However, the plantation crop type is projected to have the fastest growth during the forecast period.

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Based on applications, the market is segmented into small farming, large & corporate farming, government, and others. Among the application segments, small farming dominated the market in terms of expenditure, in 2015, and is projected to continue its dominance throughout the forecast period.

The geographical regions considered in the report are North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific currently constitutes the highest market share in the world micro irrigation systems market on account of massive irrigated areas and adoption of micro irrigation systems across the hilly terrains.

Table of Content:

Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factors

3.2.1.1 Scarcity of water
3.2.1.2 Government encouragement
3.2.1.3 High initial investment
3.2.1.4 Lack of expertise for maintenance
3.2.1.5 Penetration in emerging markets

3.2.2 Top winning strategies
3.2.3 Top investment pockets

3.3 Value chain analysis

3.3.1 Manufacturers and importers
3.3.2 Machinery dealers
3.3.3 Local service providers
3.3.4 End users

3.4 Porters five forces analysis

3.4.1 Limited product knowledge and more concentrated suppliers have led to high bargaining power among suppliers
3.4.2 Minimal brand popularity and favorable government policies have led to high threat of new entrants in the market
3.4.3 High initial investments and better productivity & optimum resource utilization of the industry product have led to moderate threat of substitutes in the market
3.4.4 Numerous competitors and insignificant brand loyalty have led to high rivalry in the market
3.4.5 Less knowledge about the product has led to low bargaining power among buyers

3.5 Market player positioning, 2015
3.6 Market dynamics

3.6.1 Drivers

3.6.1.1 Scarcity of water
3.6.1.2 Crop yield enhancement
3.6.1.3 Government encouragement

3.6.2 Restraints

3.6.2.1 High initial investment
3.6.2.2 Lack of expertise for maintenance

3.6.3 Opportunities

3.6.3.1 Penetration in emerging markets
3.6.3.2 Growth in greenhouse vegetable production

Chapter: 4 WORLD MICRO IRRIGATION SYSTEMS MARKET, BY TYPE

4.1 Sprinkler irrigation

4.1.1 Key market trends
4.1.2 Key drivers and opportunities
4.1.3 Market size and forecast

4.2 Drip irrigation

4.2.1 Key market trends
4.2.2 Key drivers and opportunities
4.2.3 Market size and forecast

Chapter: 5 WORLD MICRO IRRIGATION SYSTEMS MARKET, BY CROP TYPE

5.1 Plantation crops

5.1.1 Key market trends
5.1.2 Key drivers and opportunities
5.1.3 Market size and forecast

5.2 Field crops

5.2.1 Key market trends
5.2.2 Key drivers and opportunities
5.2.3 Market size and forecast

5.3 Orchard crops

5.3.1 Key market trends
5.3.2 Key drivers and opportunities
5.3.3 Market size and forecast

5.4 Other (forage and turf grasses)

5.4.1 Key market trends
5.4.2 Key drivers and opportunities
5.4.3 Market size and forecast

Chapter: 6 WORLD MICRO IRRIGATION SYSTEMS MARKET, BY APPLICATION

6.1 Small-scale farming

6.1.1 Key market trends
6.1.2 Key drivers and opportunities
6.1.3 Market size and forecast

6.2 Large and corporate farming

6.2.1 Key market trends
6.2.2 Key drivers and opportunities
6.2.3 Market size and forecast

6.3 Government

6.3.1 Key market trends
6.3.2 Key drivers and opportunities
6.3.3 Market size and forecast

6.4 Others (private/residential gardens, commercial)

6.4.1 Key market trends
6.4.2 Key drivers and opportunities
6.4.3 Market size and forecast

Chapter: 7 WORLD MICRO IRRIGATION SYSTEMS MARKET, BY GEOGRAPHY

7.1 North America

7.1.1 Key market trends
7.1.2 Key growth factors and opportunities
7.1.3 Market size and forecast
7.1.4 U.S.

7.1.4.1 Market size and forecast

7.1.5 Canada

7.1.5.1 Market size and forecast

7.1.6 Mexico

7.1.6.1 Market size and forecast

7.2 Europe

7.2.1 Key market trends
7.2.2 Key growth factors and opportunities
7.2.3 Market size and forecast
7.2.4 U.K.

7.2.4.1 Market size and forecast

7.2.5 Russia

7.2.5.1 Market size and forecast

7.2.6 France

7.2.6.1 Market size and forecast

7.2.7 Germany

7.2.7.1 Market size and forecast

7.2.8 Rest of Europe

7.2.8.1 Market size and forecast

7.3 Asia-Pacific

7.3.1 Key market trends
7.3.2 Key growth factors and opportunities
7.3.3 Market size and forecast
7.3.4 India

7.3.4.1 Market size and forecast

7.3.5 China

7.3.5.1 Market size and forecast

7.3.6 Japan

7.3.6.1 Market size and forecast

7.3.7 Australia

7.3.7.1 Market size and forecast

7.3.8 Rest of Asia-Pacific

7.3.8.1 Market size and forecast

7.4 LAMEA

7.4.1 Key market trends
7.4.2 Key growth factors and opportunities
7.4.3 Market size and forecast
7.4.4 Latin America

7.4.4.1 Market size and forecast

7.4.5 Middle East

7.4.5.1 Market size and forecast

7.4.6 Africa

7.4.6.1 Market size and forecast

Chapter: 8 COMPANY PROFILE

8.1 Valmont Industries, Inc.

8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Business performance
8.1.4 Strategic moves and developments

8.2 Hunter Industries

8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Strategic moves and developments

8.3 The Toro Company

8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Business performance
8.3.4 Strategic moves and developments

8.4 Jain Irrigation Systems Ltd.

8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Business performance
8.4.4 Strategic moves and developments

8.5 Nelson Irrigation Corporation

8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Strategic moves and developments

8.6 Netafim Ltd.

8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Strategic moves and developments

8.7 Lindsay Corporation

8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Business performance
8.7.4 Strategic moves and developments

8.8 T-L Irrigation Co.

8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Strategic moves and developments

8.9 Rain Bird Corporation

8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Strategic moves and developments

8.10 Rivulis Irrigation Ltd.

8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Strategic moves and developments

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