Press release
Global Drip Irrigation Market report (2016-2023)-Research Nester
Global drip irrigation market is anticipated to reach USD 4.3 billion by the end of 2023 witnessing a promising compound annual growth rate of 10.5% over the forecast period i.e.2016-2023 owing to the government initiatives to promote the drip irrigation systems.
Geographically, Asia Pacific accounted for the highest market share of 52% by the end of 2015; the market is anticipated to be the most attractive market in terms of market growth, witnessing a compound annual growth rate of 13% over the forecast period.
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Demand Analysis By Market Segmentation
By Component
Deep dive industry analysis has been carried out on the following component segments:-
• Emitters
• Pressure Gauge
• Drip Tube
• Valves
• Filters
• Others
By Application
By application, the global drip irrigation system market is analyzed on the following application:-
• Agricultural Irrigation
• Landscape Irrigation
• Greenhouse Irrigation
• Others
By Crop Types
• Field Crops
• Vegetable corps
• Orchard Crops
• Vineyards
• Rest Crops
Europe market for drip irrigation system is expected to expand at a compound annual growth rate of 8.8% over the forecast period i.e. 2016-2023 owing to reduced arable land due to growth of industrialization in the region, government of European countries are taking initiatives to promote drip irrigation system in farms to boost the crop yield. Further, agricultural irrigation segment is anticipated to hold the largest market share followed by greenhouse irrigation over the forecast period owing to the increasing water scarcity, high production requirement and increasing adoption of irrigation tools in agricultural sector.
Key extracts from the Table of Content of Drip irrigation Market 2016-2023 report:
Drip irrigation Market Size and Forecast, 2016-2023
Drip irrigation Market CAGR for the Period 2016-2023
Drip irrigation Market Y-O-Y for the Period 2016-2023
Drip irrigation Market Demand & Supply Analysis
Drip irrigation Market Investment Attractiveness
Drip irrigation Market BPS Analysis
Drip irrigation Market Dynamics – Trends, Drivers, Challenges, and Opportunities
Drip irrigation Market Competitive Landscape Analysis
Drip irrigation Market Investment Proposition, by Geography
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We believe that every organization can reach to its new horizon provided a right guidance at the right time is available through strategic minds. And, this belief drives us to arrange concrete ground, focusing on the quality, actionable insights and a strong understanding of the market dynamics for our business partners.
To more information:
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Ajay Daniel
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web:www.researchnester.com
Research Nester is a global firm with clients from America, Europe, Asia-Pacific and Middle East. Presence of our clients from global geographies reflects our strong hand in the market research and consulting services.
We believe that every organization can reach to its new horizon provided a right guidance at the right time is available through strategic minds. And, this belief drives us to arrange concrete ground, focusing on the quality, actionable insights and a strong understanding of the market dynamics for our business partners.
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