Press release
Microirrigation Systems Market growing at a growth rate of 17.90%, size, segments, Future Growth & Opportunities Analysis
Global microirrigation systems market is expected to reach USD 6.5 billion by 2027 growing at a growth rate of 17.90% in the forecast period 2020 to 2027. Increasing demand for food with the increasing population all around the globe promotes the microirrigation systems market in the forecast period of 2020- 2027.Microirrigation systems are a very effective technique used by farmers to prevent water wastage, helps in preventing soil moisture, also a very time saving and much reliable technique when compared to the human efforts and errors.
Increasing demand for food consumption all over the world due to rising population is likely to drive the market, prevention of emerging water saving techniques and better revenue for farmers using microirrigation technique are likely to drive the market swiftly with an ease. Flexible, time efficient and increased economic benefits are likely to create further create new opportunities for the microirrigation systems market in the forecast period of 2020- 2027.
High cost maintenance and huge capital amount required for the setup are the restraining factors for the microirrigation systems market in the above forecasted period.
View Detailed Report@ https://www.databridgemarketresearch.com/reports/global-microirrigation-systems-market
Global Microirrigation Systems Market Scope and Market Size
On the basis of mechanism, the microirrigation systems market is segmented into drip irrigation system, sprinkler irrigation system & other microirrigation systems
Based on component, the microirrigation systems market is segmented into drip irrigation components & sprinkler irrigation components
Based on application, the microirrigation systems market is segmented into orchards and vineyards, vegetables, plantation crops, field crops and other applications.
The microirrigation systems market is also segmented on the basis of cultivation technology. The cultivation technology is segmented into open field & protected cultivation
Players Of the MArket:
The major players covered in the microirrigation systems market report are Jain Irrigation Systems Ltd, The Toro Company., Rain Bird Corporation., Netafim, Rivulis, NaanDanJain's, T-L Irrigation Co., Valmont Industries, Inc, HUNTER INDUSTRIES., Lindsay Corporation., NELSON IRRIGATION, Samriddhi by Mahindra, Vishakha Irrigation Pvt. Ltd., Captain Polyplast Limited., Bhumi Polymers., Ecoflo India, Signet Group., Premier Irrigation Adritec, Irritec S.p.A, Finolex Plasson among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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