openPR Logo
Press release

Rivulis Irrigation, Toro Company profiled in Microirrigation System Market will be valued USD 12 billion by 2024|By Key Vendors: Netafim Limited, Valmont Industries, Hunter Industries, Lindsay Corporation, Jain Irrigation Systems, Rain Bird Corporation

01-12-2019 11:45 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc

Rivulis Irrigation, Toro Company profiled in Microirrigation

APAC microirrigation system market will be valued over USD 3 billion by 2024. Favorable socio-economic conditions in China, India, and Australia has enhanced the product demand. For instance, China accounts for 10% agriculture land under the microirrigation system, thus regional market is expected to provide lucrative opportunity for manufactures. Rising awareness among the farmers about product application has further propelled industry growth.

Request for a sample of this research report @
https://www.gminsights.com/request-sample/detail/2075

Increasing necessity to overcome water scarcity will drive microirrigation system market. Globally 70% of the water sources are used for irrigation and agricultural purposes whereas 10% accounts for domestic purposes.
In recent years, deforestation, urbanization, soil erosion and industrialization led to significant arable land depletion. Increasing concern for sustainable water resource management will drive microirrigation system market growth. Depleting water resources in many parts of world are the key drivers supporting industry growth.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Toro Company
• Jain Irrigation Systems
• Rain Bird Corporation
• Netafim Limited
• Valmont Industries
• Hunter Industries
• Lindsay Corporation
• Nelson Irrigation Corporation
• EPC Industries
• Rivulis Irrigation
• NaanDanJain Irrigation
• T-L Irrigation
• Vishakha Irrigation
• Captain Polyplast Ltd.,
• Ecoflo Irrigation
• Signet Group
• Irritec S.p.A.
• Finolex Plasson
• Automat Industries
• Premier Irrigation Adritec

Government initiatives to ensure more equitable distribution by minimizing wastage will drive product demand as an effective tool for water conservation. As per UN estimation, global population has reached over 6.5 billion in September 2017 and likely to surpass 11 billion by 2100. Rising population level and growing concern for regular water supplies will propel microirrigation system demand.

Increasing necessity to reduce labor cost and improve efficiency will drive product penetration. Changing demographics led to population migration from villages to cities, which resulted in low workforce for agricultural sector. Thus, resource scarcity and rising labor cost will propel microirrigation system market.

High maintenance & equipment cost, and initial investment of micro-irrigation system may hinder industry growth. However, increase in government support through subsidies is likely to reduce the impact of above restraints.
Sprinkler was valued over USD 3 billion in 2016. Increased yield at affordable price, water usage efficiency, and improved cultivation in barren land are key factors driving industry growth. Rising environmental pollution concern and improved soil fertility & crop quality are other factors enhancing product scope.

Orchard crops & vineyards will foresee gains over 10% up to 2024.

Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/2075

Rise in awareness among farmers about product benefits is projected to drive industry demand. Proper water application maintains the desired soil moisture in the root zone, thus results in optimum development of row crops, vineyards and tree orchards.

Farmers end-use segment accounted more than 75% market share in 2016. High crop productivity, improving crop quality and reducing water wastage are the key driving factors stimulating product demand. Large corporate & private farms are probable end-users of the industry.

Browse Full Report: https://www.gminsights.com/industry-analysis/microirrigation-systems-market

Some of the prominent industry players are Rain Bird Corporation, Bhumi Polymers, Finolex Plasson, Ecoflo Irrigation, Lindsay Corporation, Automat Industries, Signet Group, Valmont Industries, Toro Company, Jain Irrigation, Netafim, EPC Industries. Government support by providing subsidies will further drive microirrigation system market.

Browse Related Report:
Smart Water Management Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, China, India, Japan, Australia, Brazil, Mexico, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024

https://www.openpr.com/news/1369470/ABB-Group-Schneider-Electric-Profiled-in-Smart-Water-Management-Market-Growth-by-Key-Players-Itron-Elster-Group-Seimens-Suez-IBM-AVEA-Trimble-Topcon-Takadu-Arad-Metering-Technologies-Nalco-Sensus-i20-Water.html

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://solutionrocket.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Rivulis Irrigation, Toro Company profiled in Microirrigation System Market will be valued USD 12 billion by 2024|By Key Vendors: Netafim Limited, Valmont Industries, Hunter Industries, Lindsay Corporation, Jain Irrigation Systems, Rain Bird Corporation here

News-ID: 1492549 • Views: 379

More Releases from Global Market Insights, Inc

Global Hydraulic Hoist Market 2019 by regional trend & growth forecast to 2025 | …
Global Market Insights has recently added Hydraulic Hoist Market report which mentions valuable insights pertaining to market share, profitability graph, market size, SWOT analysis, and regional proliferation of this industry. The Asia Pacific regional Hydraulic Hoist Market is predicted to have the lion's share, in the entire forecast period. This regional market might cross USD 140.0 million till 2025, at CAGR more than 5.9%. The North America
Pharmacovigilance Outsourcing Market Growth Analysis by Product, Application, In …
U.S. pharmacovigilance outsourcing market dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug reactions
United Rentals | Construction Equipment Rental Market 2024 | Top Manufacturers U …
Construction Equipment Rental Market in Asia Pacific is expected to reach over USD 40 billion by 2024. The emerging trend of the organizations toward renting of heavy construction equipment will have a positive impact toward the industry demand. Rising wage rates in China coupled with the changing consumption patterns are generating a huge demand for the rental machinery. Construction Equipment Rental Market to cross $140 billion by 2024.
Automated Breast Ultrasound Systems Market Demand, Growth, Opportunities, Top Ke …
Automated Breast Ultrasound Systems Market size was valued over USD 590 million in 2017 and is expected to witness more than 16.0% CAGR from 2018 to 2024. The inception of automated breast ultrasound system (ABUS) market has completely revolutionized the diagnostic approach of breast cancer. Indeed, the increasing incidence of breast cancer across the world in the recent past has also added a dimension of growth to this industry. ABUS

All 5 Releases


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)