Press release
Microirrigation System Market Competitive Landscape and Highlighted Key Acquisitions 2024 | Top Industry Leaders-EPC Industries, Jain Irrigation, Rain Bird Corporation, Netafim, Valmont Industries, Lindsay, Toro Company, Bhumi Polymers.
Request a sample Report of Microirrigation System Market at: https://www.marketstudyreport.com/request-a-sample/682267?utm_source=openpr.com&utm_medium=PC
Rising concern for depleting water resources will drive micro irrigation system market. As per United Nations report, water availability is projected to decrease in various regions with global agriculture water consumption estimated to increase by over 19% by 2050.
Growing environmental awareness and increase in income levels, along with shift in customer?s focus for eco-friendly products in developing economies is anticipated to drive micro irrigation system demand. Unpredictable precipitation in rainfall dependent nations has further supported the industry growth as this is forcing farmers to install the product for reducing seeds and crops wastage.
Enhanced support from governments for the wastewater treatment particularly in India and China has incentivized the industry. For instance, Indian government launched Pradhan Mantri Krishi Sinchayee Yojna in July 2015, for enhancing the effective water usage & management, creating & strengthening water distribution network.
Increasing demand for agricultural products is excepted to propel micro irrigation system market. As per analysis, food industry is likely to reach at USD 3 trillion by 2020, growing at the rate of over 4% from 2015 to 2020.
However, the high cost associated with maintenance and installation of these system may restrain the industry growth during forecast time frame. In addition, lack of proficiency in managing these systems may prove to be a significant hindrance to the micro irrigation system market growth.
Sprinkler will be valued over USD 7.5 billion in 2024. Elimination of water conveyance channels, evenly distribution of water, and enhanced crop yields are the factors supporting the product demand. Further, suitability of product for various topographies, high irrigation efficiency and ease in operation are expected to propel this segment?s growth. However, a lot of water is wasted due to spray droplets evaporation as they fly through air which may hamper the industry demand.
Orchard crops & vineyards will grow over 12% up to 2024. Lower labor requirement and efficient control over nutrients and water has boosted the product?s demand in this segment. Effective application of water to tree lines of orchard compared to other irrigation methods including, flood & furrow and conventional sprinkler has further fueled the industry growth.
Enquiry about Microirrigation System market report before Buying at: https://www.marketstudyreport.com/enquiry-before-buying/682267?utm_source=openpr.com&utm_medium=PC
Farmers end-use segment will witness gains over 10% up to 2024. Participation of the government regulatory body due to environmental concerns coupled with reduction in water and fertilizers usage is projected to drive this segment?s growth. Increase in the number of subsidies provided by government to the farmers will support product scope.
Asia Pacific, led by China, India and Japan was worth around USD 1.6 billion in 2016. Increase in adoption of the product for conserving water and reduction in labor cost in the agriculture-eccentric economies of the region is anticipated to augment the industry growth over forecast period.
North America micro irrigation system market is likely to reach USD 3.5 billion by 2024. Growing awareness among the farmers about benefits of using the product has resulted in increased industry demand. Countries including the U.S., Mexico and Canada are prominent users of the product for achieving better quality and higher yield crops for export markets which has driven the regional growth.
Latin America micro irrigation system market will surpass 5 million hectares of land covered in 2016. Changing lifestyle, improved technological innovation and increasing disposable income will favor this segment?s growth. Reduction in arable land due to industrialization, soil erosion and deforestation along with water scarcity are key drivers of the industry.
Global micro irrigation system market is fragmented due to presence of few industry players. Some of the key players are EPC Industries, Jain Irrigation, Rain Bird Corporation, Netafim, Valmont Industries, Lindsay, Toro Company, Bhumi Polymers.
Micro irrigation system market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in million hectares and revenue in USD million from 2013 to 2024, for the following segments:
Microirrigation system Market, By Product
Sprinkler
Drip
Microirrigation system Market, By Application
Orchard Crops & Vineyards
Plantation Crops
Field Crops
Microirrigation system Market, By End-Use
Farmers
Industrial
The above information has been provided on a regional and country basis for the following:
North America
U.S.
Canada
Mexico
Europe
Spain
Russia
France
Italy
Turkey
Germany
Ukraine
UK
Asia Pacific
China
India
Australia
Japan
South Korea
Malaysia
Latin America (LATAM)
Brazil
Chile
MEA
Iran
South Africa
Saudi Arabia
Egypt
Israel
Ask for Discount on Microirrigation System Market Report at: https://www.marketstudyreport.com/check-for-discount/682267?utm_source=openpr.com&utm_medium=PC
Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2: Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3: Microirrigation System Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Chapter 4: Microirrigation System Market, By Region
Chapter 5: Company Profile
Business Overview
Financial Data
Product Landscape
Strategic Outlook
SWOT Analysis
About Us:
Marketstudyreport LLC allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report LLC
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.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 Microirrigation System Market Competitive Landscape and Highlighted Key Acquisitions 2024 | Top Industry Leaders-EPC Industries, Jain Irrigation, Rain Bird Corporation, Netafim, Valmont Industries, Lindsay, Toro Company, Bhumi Polymers. here
News-ID: 1543632 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Micro
Micro Injection Molded Plastic Market worth $1,692 million by 2026 | Key players …
According to recent market research "Micro Injection Molded Plastic Market by Material Type (Liquid-Crystal Polymer (LCP), Polyether (PEEK), Polycarbonate (PC), Polyethylene (PE), Polyoxymethylene (POM)), Application and Region - Global Forecast to 2026", published by MarketsandMarkets, the micro injection molded plastic market is projected to reach USD 1,692 million by 2026, at a CAGR of 11.2% from USD 995 million in 2021.
Browse 193 market data Tables and 61 Figures spread through…
Micro Combined Heat & Power (Micro CHP) Market 2022 | Detailed Report
The Micro Combined Heat & Power (Micro CHP) research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Micro Combined Heat & Power (Micro CHP) research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope,…
Micro-Invasive Glaucoma Implants Micro-Invasive Glaucoma Implants
Global Micro-Invasive Glaucoma Implants Market Definition: Micro-invasive glaucoma implants is performed for the treatment of the open- angle glaucoma and is done through an ab- interno approach. It is very safe and provides faster recovery as compared to the traditional methods. They usually lower the intraocular by increasing the flow or reducing the production of the aqueous humor. Increasing cases of the glaucoma worldwide is the major factor fueling the…
Global Micro Electric Automotive (Micro EVs) Market Growth 2019-2024
Market Research Report Store offers a latest published report on Micro Electric Automotive (Micro EVs) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Micro Electric Automotive (Micro EVs) market will register a 5.5% CAGR in terms of revenue, the global market size will reach US$ 9062.2 million by 2024, from…
Global Micro Welding Equipments Market- Growing Popularity and Emerging Trends i …
Welding is a fusion of the two workpieces of the surface to form one, is a precise, reliable, cost-effective and high tech method for joining material. Micro welding is a process that is specifically designed for the welding of small often delicate components. It is also known as precision welding. The process sets up the weld by depositing fine blobs of weld to the components to be fused. The process…
Comprehensive Analysis On Micro Welding Equipment Market 2019 : Pro-Fusion, OR L …
Up Market Research added a new Micro Welding Equipment Market research report for the period of 2019 – 2026. Report focuses on the major drivers and restraints providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
Get Sample Copy Of This Report @
https://www.upmarketresearch.com/home/requested_sample/108038
The report contains 112 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing…
