Press release
Micro Irrigation Market 2020 Precise Outlook - Netafim, The Toro Company, Jain Irrigation, RainBird Corporation, Valmont Industries
Global market is projected to display a robust growth represented by a CAGR of 16.15% during 2018 _ 2023.Global Micro Irrigation Market Report covers market characteristics, size, share, growth, segmentation, trend, regional forecast, competitive landscape, market, development strategies and forecast to 2023.At present, the market is developing its presence and some of the key players profiled in the report include Netafim, The Toro Company, Jain Irrigation, RainBird Corporation, Valmont Industries, Lindsay Corporation, Rivulis Corporation, Nelson, T-L Irrigations and Other.
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Global Micro Irrigation Market Report comprises of analysis of vendor profile, which includes financial status, business units, key business priorities, SWOT, business strategies, and views. The report covers the competitive landscape, which includes M&A, joint ventures and collaborations, and competitor comparison analysis.
The segment of Drip Irrigation witnessed growth at a noteworthy rate over the past few years and expected to grow in the forecast period due to the imperative role being played by the drip irrigation system in the abatement of rising water scarcity and water storage problems across the globe. During 2018-23, Micro Irrigations Market is anticipated to grow at an increased rate on the back of government subsidies in various parts of the world, frequent occurrence of droughts, deviation from normal to lower rainfall cycle in many regions, underutilization of water resources etc. And the assortment of various factors are anticipated to back the growth of micro irrigation market at a surged rate in the forecast period. Amongst the regions, North America accounts for the largest regional share in the global Micro Irrigation market in 2018. Key factors driving the robust growth rate of North America region include burgeoning population, increasing cognizance about advantages of micro irrigation, increasing demand of replacement, technological advancement to develop cost efficient equipments etc. are driving the demand of Micro Irrigations in the market.
Industry News:
FRESNO, Calif. (APRIL 22, 2020) - Netafim USA, along with project partners Sustainable Conservation, De Jager Dairy, McRee Dairy and Western United Dairies has received the 2020 U.S. Dairy Sustainability Award for Outstanding Community Impact for its innovative Effluent Subsurface Drip Irrigation (SDI-E) system for forage crops. Presented by the Innovation Center for U.S. Dairy, the award recognizes the role of dairy community stakeholders in developing practical and effective solutions to address the shared challenges and goals of the communities in which they live and work. Nominated by the California Milk Advisory Board (CMAB), the award-winning project first began to take shape in 2014 when Netafim teamed up with the California-based nonprofit organization Sustainable Conservation and De Jager Dairy to develop a subsurface drip irrigation solution that enables the consistent and reliable application of dairy effluent as a nutrient-rich fertilizer.
BLOOMINGTON, Minn.- Sep. 30, 2013-- The Toro Company (NYSE:TTC) today announced that it has closed its acquisition of Xiamen Xiangfeng Water Saving Equipment Co., Ltd. Terms of the transaction were not disclosed. Located in China's Xiamen City, Xiamen Xiangfeng manufactures water-efficient drip irrigation products, sprinklers, emitters and filters for agriculture, landscaping and green house production.
"As we look to the future, water availability and increasing demand for food are driving awareness for the importance of more efficient forms of irrigation," said Michael Drazan, vice president of Toro's Global Micro Irrigation Business. "Toro's worldwide agricultural micro irrigation business meets this challenge by delivering high-quality solutions for growers."
With China being a critical growth market for micro irrigation, this acquisition provides a means to grow the company's presence in this important market. "We are expanding our business, as evidenced by this acquisition and our recently completed micro irrigation manufacturing facility in Romania to support the growing Asian and Eastern European regions," said Drazan.
The Global Micro Irrigation Market Research Report is a valuable source of insightful data for business strategists. It provides the Micro Irrigation industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Micro Irrigation market study provides comprehensive data which enhances the understanding, scope and application of this report.
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Some of the Major Highlights of TOC covers:
Executive Summary
o Global Micro Irrigation market Consumption Comparison by Applications (2013-2023)
o Global Micro Irrigation market Revenue (2013-2023)
o Global Micro Irrigation market Share by Players (2013-2023)
o United States Micro Irrigation market Status and Prospect (2013-2023)
o Europe Micro Irrigation market Status and Prospect (2013-2023)
o China Micro Irrigation market Status and Prospect (2013-2023)
o Japan Micro Irrigation market Status and Prospect (2013-2023)
o Southeast Asia Micro Irrigation market Status and Prospect (2013-2023)
o Middle East & Africa Micro Irrigation market Status and Prospect (2013-2023)
Development Plants Analysis of Micro Irrigation
o Global Micro Irrigation market Development Plants Distribution
o Major Players and Market Position of Micro Irrigation market
o Recent Development and Expansion Plans
Key Figures of Major Players
o Micro Irrigation market Consumption and Capacity Analysis
o Micro Irrigation market Revenue Analysis
o Micro Irrigation market Price Analysis
o Market Concentration Degree
In the end, it includes the methodical description of the various factors such as the market growth and detailed information about the different company's revenue, growth, global developments and the various other strategic developments. Thus, the Micro Irrigation Market Report serves as a valuable material for all industry competitors and individuals having a keen interest in Micro Irrigation Market study.
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Browse Related Reports:
Drip Irrigation Market:
https://www.marketinsightsreports.com/reports/04222000915/global-drip-irrigation-market-insights-forecast-to-2026?source=openpr&Mode=12
Center Pivot Irrigation Systems Market:
https://www.marketinsightsreports.com/reports/04131992457/global-center-pivot-irrigation-systems-market-research-report-2020?source=openpr&Mode=12
Sprinklers And Drip Irrigation Market:
https://www.marketinsightsreports.com/reports/03181913500/global-sprinklers-and-drip-irrigation-market-size-status-and-forecast-2020-2026?source=openpr&Mode=12
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