Micro Irrigation Systems Market Is Expected to Grow at a Robust CAGR by 2023
The latest trending report published by Crystal Market Research titled, Micro Irrigation Systems Market approximates that the Micro Irrigation Systems market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.
The global Micro Irrigation Systems Market was worth USD 2.11 billion in 2014 and is expected to reach approximately USD 9.71 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 18.48% during the forecast period.
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Micro Irrigation Systems Market - Report Overview:
These systems are low to medium pressure systems that give water to various applications as drip, mist, spray and sprinkle. Micro irrigation systems give water to the plant roots through an intricate pipe system and low discharge emitters.
The water discharge design in these systems can be adjusted according to particular plant water prerequisites as some agriculture, and agronomic plants have distinctive necessities. The system parts incorporate channels, low release water-discharging devices, tubes, stream control gear, fitting, and accessories.
Significant product types incorporate drip, sprinklers, central pivot and lateral move. Sprinklers commanded the worldwide market over the current past is anticipated to proceed with this strength over the figure time frame.
Micro Irrigation Systems Market - Regional Outlook:
North America represented the biggest share of the worldwide market trailed by Asia Pacific and Europe. Developing districts, for example, Asia Pacific, Middle East and Africa and Central and South America are anticipated to encounter extreme water shortage soon attributable to developing water interest for local, business and mechanical purposes. These regions are anticipated to witness lively interest for such advances and are anticipated to be significant request focuses. High predominance in the developed areas and plentiful solid request development in the rising districts offer adequate open doors for the business members.
Micro Irrigation Systems Market - Top Major Market Players:
The leading players in the market are Rain Bird, Valmont Industries, Epc Industries Private Limited, Nelson Irrigation Corporation, Rivulis Irigation, T-L Irrigation Company, Lindsay Manufacturing, Jain Irrigation Systems, Toro and Netafim. The business is exceedingly divided with different little, medium and vast industry members. Organizations are investing into R&D activities and fashioning associations with an aim to pick up a more grounded toehold in the market by upgrading their product portfolio.
Key Findings of the Research Study:
What was the Micro Irrigation Systems market size in 2014 and forecast from 2015 to 2023?
What will be the industry Micro Irrigation Systems market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the Micro Irrigation Systems market growth and why?
Which are the leading players in the Micro Irrigation Systems market and what are the major strategies adopted by them to sustain the market competition?
Table of Contents
1. Introduction
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.2. Market Dynamics
4. Micro Irrigation Systems Market, By Product
4.1. Introduction
4.2. Global Micro Irrigation Systems Sales, Revenue and Market Share By Product (2014
2017)
4.3. Micro Irrigation Systems Market Assessment and Forecast, By Product, 2014-2023
4.4. Sprinkler
4.5. Drip
4.6. Center Pivot
4.7. Lateral Move
5. Micro Irrigation Systems Market, By Crop
5.1. Introduction
5.2. Global Micro Irrigation Systems Sales, Revenue and Market Share By Crop (2014-2017)
5.4. Plantation Crops
5.5. Orchard Crops
5.6. Field Crops
5.7. Forage & turf grasses
5.8. Other Crops
6. Micro Irrigation Systems Market, By Region
6.1. Introduction
6.2. Micro Irrigation Systems Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6.3. Global Micro Irrigation Systems Sales, Revenue and Market Share by Regions
6.4. North America
6.5. Europe
6.6. Asia-Pacific
6.7. Rest of the World
6.7.8. South Africa
7. Company Profiles
7.1. Nelson Irrigation Corporation
7.2. Valmont Industries
7.3. T-L Irrigation
7.4. Rain Bird Corporation
7.5. Netafim Limited
7.6. Lindsay Corporation
7.7. Jain Irrigation Systems Limited
8. Global Micro Irrigation Systems Market Competition, by Manufacturer
8.1. Global Micro Irrigation Systems Sales and Market Share by Manufacturer (2016-2017)
8.2. Global Micro Irrigation Systems Revenue and Market Share by Manufacturer (2016-2017)
8.3. Top 5 Micro Irrigation Systems Manufacturer Market Share
8.4. Market Competition Trend
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