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Microirrigation Systems Market 2020 | In-depth Analysis by Top Players EPC Industries, Jain Irrigation Systems, Lindsay Corporation, The Toro Company, Valmont Industries, Nelson Irrigation, Netafim Limited

07-15-2020 07:16 PM CET | Industry, Real Estate & Construction

Press release from: Stratagem Market Insights

Microirrigation Systems Market

Microirrigation Systems Market

The Global Microirrigation Systems Market: 2020 Industry Report is a professional and in-depth study on the current state of the Microirrigation Systems Market by SMI. The Microirrigation Systems market is supposed to demonstrate considerable growth during the forecast period of 2020-2027. The company profiles of all the key players and brands that are dominating the market have been given in this report. Their moves like product launches, joint ventures, mergers and acquisitions and the respective effect on the sales, import, export, revenue, and CAGR values have been studied completely in the report. The scope of this Microirrigation Systems market report can be expanded from market scenarios to comparative pricing between major players. The emerging trends along with major drivers, challenges and opportunities in the market are also identified and analyzed in this report.

Micro-irrigation, also called localized irrigation or drip irrigation delivers water directly to the root zone of the plant. It is widely used in horticulture, for row crops, orchards, and vineyards. Micro-irrigation also finds application in landscaping for civic, commercial, and private landscapes and gardens, wholesale nurseries, and in the science and practice of restoration ecology and environmental remediation.

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Micro-irrigation helps to reduce the likelihood of overwatering a landscape. It also delivers the water slowly and over a longer period of time, which helps to prevent runoff and reduces evaporation. According to the U.S. EPA use of micro-irrigation systems can lead to use of 20% to 50% less water compared to conventional sprinkler systems. Such benefits of micro-irrigation systems are expected to boost growth of the global micro-irrigation systems market. Moreover, increasing adoption of irrigation is also expected to propel growth of the market. For instance, according to the U.S. Department of Agriculture, 222,028,954 acres of farmland was under irrigation in the U.S. in 2018 compared to 213,993,983 in 2013.

Global water scarcity for agriculture is expected to lead to high demand for micro-irrigation systems, thereby aiding growth of the market. For instance, according to World Resources Institute (WRI), as of 2019, 17 countries in total are experiencing extremely high levels of baseline water stress. Moreover, increasing government funding for micro-irrigation is also expected to boost the growth of the global micro irrigation systems market. For instance, in January 2020, in India, the state government of Maharashtra released a grant of US$ 5.85 million for micro-irrigation projects in six districts.

The key factors that drive the growth of the market are the high demand for low-cost shipping, the ability to identify customers' needs and respond quickly with logistics solutions. Trends such as the high demand for integrated services further propel market growth. Generally, freight forwarders provide customers with a wide range of integrated services, which not only includes the usual transport of cargo from source to destination, but also a host of other services. Moreover, the rise in trade agreements between nations also helps increase market growth. However, the increase in reshoring and nearshoring manufacturing hinders the market growth. Irrespective of challenges, the increasing trend of intermodal freight transportation will further boost market growth in the future.

Competitive Analysis:

The report covers major players operating in the Microirrigation Systems market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities.

Manufacturer Detail:

o EPC Industries
o Jain Irrigation Systems
o Lindsay Corporation
o The Toro Company
o Valmont Industries
o Nelson Irrigation
o Netafim Limited
o Rain Bird Corporation
o T-L Irrigation
o Hunter Industries

Product Type Segmentation:

o Drip Irrigation
o Micro Sprinkler Irrigation
o Bubbler Irrigation
o Other

Industry Application:

o Field Crops
o Orchard Crops
o Forage & Turf Grasses
o Other

The key strategic developments of the Microirrigation Systems market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the Microirrigation Systems market on a global and regional basis. The study provides a decisive view on the Microirrigation Systems market by segmenting the market based on product, end-user, and regions. All the segments have been analyzed based on present and future trends and the Microirrigation Systems market is estimated from 2020 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries.

Microirrigation Systems Market: Regional Analysis

o North America: USA, Canada, and Mexico, etc.
o Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
o The Middle East and Africa: Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
o Europe: Germany, France, the UK, Russia, and Italy
o South America: Brazil, Argentina, Columbia, etc.

Global Microirrigation Systems Market Report includes Detailed TOC points:

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Microirrigation Systems Market
2 Market Segmentation
3 Market Overview
3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players
4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Microirrigation Systems Market, By Type
8 Global Microirrigation Systems Market, by Application
9 Global Microirrigation Systems Market, By Deployment
10 Global Microirrigation Systems Market, By End User
11 Global Microirrigation Systems Market, By Distribution Channel
12 Global Microirrigation Systems Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio

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Contact us:

Mr. Shah
Stratagem Market Insights
Tel: +1 415 871 0703
Email: sales@stratagemmarketinsights.com
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About Us:

Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with a cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.

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