Micro Irrigation Systems Market Expected to Reach $8,321 Million, Globally, By Top Key Players: Valmont Industries, Inc., Hunter Industries, The Toro Company, Jain Irrigation Systems Ltd.
Sprinkler irrigation constitute the highest market share due to easily automated & mechanized systems and ability to irrigate widespread areas. Nonetheless, drip irrigation system is estimated to portray the fastest growth owing to issues regarding droplet ballistics in sprinkler irrigation systems that results into higher water consumption.
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/215?utm_source=OPR
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.
Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/215?utm_source=OPR
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.
• The study comprises of an analytical depiction of the world micro irrigation systems market with the trends of current and future scenarios to depict the investment pockets in the market.
• The report determines the overall attractiveness and understands the profitable trends to gain a stronger coverage in the market.
• The report throws light on information regarding key drivers, restraints, and opportunities with impact analysis.
• The current market here is quantitatively analyzed and forecast for the years 2014-2022, which is provided to highlight the financial status of the market.
• Porters five forces model analysis of the industry illustrates the potency of the buyers and suppliers participating in the market.
• The value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
The world micro irrigation systems market is expected to witness a remarkable growth due to the technological advancements and increase in awareness during the forecast period. The demand for easy system functionalities has further propelled this growth particularly in the rural sector. Moreover, adoption in emerging economies and growth in greenhouse vegetable production are the expected growth perspectives for the market. The market growth is restricted by factors such as high initial investments and lack of expertise for maintenance.
Micro irrigation systems have been increasingly employed in Asia-Pacific, followed by LAMEA, North America, and Europe. The highest market share of the market in Asia-Pacific is attributed to the increasing adoption in China and India.
Among drip and sprinkler irrigation system, sprinkler irrigation is leading the market due to ease of automation and wider irrigation area coverage by such systems. Besides this, the crop type orchard crops have dominated the market owing to decreased labor costs, and increased efficiency. Small farming application have dominated other applications of micro irrigation systems owing to massive farmlands under this sub-segment.
Manufacturers in the market focus on product innovation with exceptional product offerings to lead in the market. Jain Irrigation Systems Ltd., Netafim Ltd., and The Toro Company are the leading market players, occupying prominent revenue-share. These players adopt R&D, product launch, and acquisition as their key strategies to sustain in the market.
Access Full Summery @ https://www.alliedmarketresearch.com/micro-irrigation-system-market?utm_source=OPR
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Micro Irrigation Systems Market Expected to Reach $8,321 Million, Globally, By Top Key Players: Valmont Industries, Inc., Hunter Industries, The Toro Company, Jain Irrigation Systems Ltd. here
News-ID: 1491978 • Views: 773
More Releases from Allied Market Research
Overview Membrane Technology for Food and Beverage Processing Market Size, Share …
Membranes are natural or manufactured substances used for separation. They commonly serve the purpose of filter pads. Membranes, which are semi-permeable in nature (allow only selective compounds/substances to flow pass them) are easy to manufacture. These are gaining popularity in the process industry where purity of products is highly desired. Membranes are available in every shape and size and are required in numerous devices right from the water filter at
Cooking Appliances Market is Predicted to Grow High CAGR from 2019 to 2026
The cooking appliance include products such as microwaves, ovens, cook tops, and range hoods. Modern cooking appliance are used to provide ease to chefs. Also, with rapid depletion of natural resources such as LPG, and other petroleum products, there is an urgent need to use efficient and eco-friendly cooking appliances in kitchen. Key players are developing advance cooking appliances in order to increase their market share, and on the same
Power Bank Market Insights with Statistics and Growth Prediction 2018 to 2025
The growth of the global power bank market is driven by rising in demand for smartphones across the globe and an increase in sales of power banks on online portals & e-commerce websites. However, factors such as emerging trends of wireless charging and improved battery capacity of electronic devices hamper market growth. On the other hand, the development of solar & hydrogen fuel-based power banks and an increase in the
Shale Gas Market 2022 | Business Analysis and Evolutionary Growth
Shale gas is emerging as an ideal energy source, owing to its abundance, low carbon footprint and comparatively low price than conventional energy source such as natural gas, coal, nuclear and hydro. However, the issue of water scarcity due to the hydraulic fracturing technique may hamper its production. Moreover, the unstructured regulatory framework in the European countries may dampen its producers to some extent. The global shale gas consumption is
More Releases for Irrigation
Global Smart Irrigation Market
Global Smart Irrigation Market was valued at US$ 791 Mn in 2017 and is expected to reach US$ 2701 Mn by 2026, at a CAGR of 14.62% during a forecast period. Global Smart Irrigation Market In terms of system type, the weather-based segment is expected to hold the largest share in the market during the forecast period due to the growing focus on farm efficiency and productivity. Rising demand for weather-based systems
Agricultural Irrigation Machinery Market: Deere, Nelson Irrigation, Netafim, EPC …
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Agricultural Irrigation Machinery Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. This report studies the global Agricultural Irrigation Machinery market status and forecast, categorizes the global Agricultural Irrigation Machinery market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan,
Global Drip Irrigation Systems Market: By Application - Agricultural Irrigation, …
Researchmoz added Most up-to-date research on "Global Drip Irrigation Systems Market: By Application - Agricultural Irrigation, Landscape Irrigation, Greenhouse Irrigation & Others" to its huge collection of research reports. This report studies Drip Irrigation Systems in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top
Micro and Mechanized Irrigation Systems Market 2017- Jain Irrigation Systems, Li …
MarketReports.biz, recently published a detailed market research study focused on the "Micro and Mechanized Irrigation Systems Market" across the global, regional and country level. The report provides 360° analysis of "Micro and Mechanized Irrigation Systems Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Micro and Mechanized Irrigation Systems industry, and
Greenhouse Irrigation System Market: By Technology (Drip Irrigation, Sprinkler I …
Greenhouse irrigation system involves various types of irrigation methods utilized within a greenhouse. Greenhouse technology provides protection and optimum growth conditions for plants. Inability of the farmers to cope up with the irregular climatic conditions gave rise to the development of greenhouse irrigation systems. The system ensures good agricultural growth and better yield by supplying adequate quantity of water at frequent intervals. Ability to cultivate crops round the year, increasing
Irrigation Equipments: Global Market Intelligence
ReportsWorldwide has announced the addition of a new report title Irrigation Equipments: Global Market Intelligence to its growing collection of premium market research reports. The report “Irrigation Equipments: Global Market Intelligence” provides market intelligence on the different market segments, based on type, application, and geography. Market size and forecast (2011-2020) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through detailed segmentation, 2)