Monday, November 20, 2017

New Study on Global Micro Irrigation Systems Market Size, Share, Growth, Outlook, Analysis and Forecast 2015 To 2022

According to a new market research report published by Credence Research, Inc. “Micro Irrigation Systems Market (Traditional Sprinklers, Center Pivot, Linear Move and Drip Irrigation) - Growth, Share, Opportunities, Competitive Analysis and Forecast 2015 - 2022”, the micro irrigation systems market is majorly driven by the growing need for more productive agricultural practices resulting into higher adoption. The micro irrigation systems offer high water efficiency which helps reducing water wastage and gain better yields. Additionally, the market is fueled by various government initiatives by nations worldwide for larger adoption of micro irrigation systems. However, the market is strongly hampered by low awareness among people towards water conservation.
The global market for micro irrigation systems, as of 2014, is dominated by the sprinkler irrigation systems segment accounting for more than seventy percent of the total market revenue. The sprinkler irrigation systems segment comprises traditional sprinklers (impact sprinklers), center pivot and linear move sprinkler systems. Among the segment, traditional sprinkler irrigation is the most convenient irrigation method with fairly high water efficiency. These systems are suitable for using in various applications such as agriculture farms, gardens, sports grounds and others. Traditional sprinklers can be also be used in applications with smaller areas. Other sprinkler systems considered are center pivot and linear move systems. These systems are predominant in North America due to the ongoing trend of mechanized irrigation systems in the region.
On the basis of application, the micro irrigation systems market is dominated by the agriculture segment accounting for more than fifty percent of the total market revenue. Agriculture is the most prominent application of irrigation systems which makes micro irrigation penetration strong in it. Additionally, the demand for micro irrigation systems in agriculture is supported by the rising population and food requirement worldwide. People are turning towards modern farming practices such as multiple cropping and mechanized irrigation to achieve higher yields. Hence, the agriculture segment is expected to continue dominating the market throughout the forecast period.
The micro irrigation systems market is highly consolidated in nature with few major companies accounting for more than fifty percent of the total market revenue. However, very few companies operate across all types of the micro irrigation systems viz. traditional sprinklers, center pivot, linear move and drip irrigation. Netafim Ltd. and Jain Irrigation Systems Ltd. are among the leading companies in traditional sprinklers and drip irrigation systems segments. Further, Valmont Industries, Inc. and Lindsay Corporation are major companies manufacturing center pivot and linear move sprinkler irrigation systems.
Table of Content
Chapter 1 Preface 15
1.1 Report Description 15
1.1.1 Purpose of the Report 15
1.1.2 Target Audience 15
1.1.3 USP and Key Offerings 15
1.2 Research Scope 16
1.3 Research Methodology 17
1.3.1 Phase I – Secondary Research 17
1.3.2 Phase II – Primary Research 18
1.3.3 Phase III – Expert Panel Review 18
1.3.4 Assumptions 19
1.3.5 Approach Adopted 19
Chapter 2 Executive Summary 20
2.1 Market Snapshot: Global Micro Irrigation Systems Market 20
2.2 Global Micro Irrigation SystemsMarket, By Type 21
2.3 Global Micro Irrigation Systems Market, By Application 22
2.4 Global Micro Irrigation Systems Market, By Geography 23
Chapter 3 Market Dynamics 24
3.1 Product and Market Insights 24
3.1.1 Global Micro Irrigation Systems Market Revenue and Growth, 2013 – 2022, (US$ Mn) (Y-o-Y %) 24
3.2 Key Trends Analysis 25
3.2.1 Evolution of Micro Irrigation Systems 25
3.2.2 Recent Trends and Outlook 26
3.3 Market Drivers 27
3.3.1 Rising population and water scarcity issues worldwide 27
3.3.2 High Advantages of Micro Irrigation Systems over Traditional Irrigation Methods 28
3.3.3 Government Encouragement for Micro Irrigation Systems 29
3.4 Market Growth Inhibitors 29
3.4.1 High Initial and Maintenance Costs of the Micro Irrigation Systems 29
3.4.2 Low Awareness among the People 30
3.5 See-Saw Analysis 31
3.6 Attractive Investment Proposition 32
3.7 Competitive Analysis 33
3.7.1 Market Positioning of Key Vendors 33
Chapter 4 Global Micro Irrigation Systems Market Analysis, By Product Type 35
4.1 Market Analysis 35
4.2 Sprinkler Irrigation Systems 36
4.2.1 Global Sprinkler Irrigation Systems Market Revenue and Growth, 2013 – 2022, (US$ Mn) 37
4.3 Drip Irrigation Systems 37
4.3.1 Global Drip Irrigation Systems, Revenue and Growth, 2013 – 2022, (US$ Mn) 38
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
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