Micro Irrigation Systems Market Revenue Analysis, PEST, Region & Country Forecast
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The global micro irrigation system market size was USD 9.70 Billion in 2021 and is expected to register a revenue CAGR of 9.4% during the forecast period, according to latest analysis by Emergen Research. Technological advancements in micro-irrigation systems and launch of advanced systems that aid in saving water are some key factors projected to drive market revenue growth between 2021 and 2030. Farmers are becoming more aware of advantages of micro-sprinkler irrigation and are shifting away from flood irrigation toward micro-sprinkler systems. In addition, farmers are turning to micro-irrigation since traditional irrigation technologies have various drawbacks including water wastage, challenges irrigating mountainous terrain, and unequal water distribution, among others. Moreover, micro-irrigation can also increase yields while lowering costs associated with water, fertilizer, and labor. Furthermore, manufacturers are launching innovative products, which is expected to drive revenue growth of the market. On 31 August 2019 for example, Rivulis Irrigation India, which is a part of global micro irrigation firm Rivulis Israel, launched Manna, which is a satellite-based software solution for irrigation in the country.
The detailed examination of recent developments including collaboration, mergers and acquisitions, investment and product launches have also been performed during the research on the Micro Irrigation Systems market. Overview of the gradual shift in the customer preference, spending power, consumption volume and production capability helps business owners understand where the market will be heading in the years to come. Vital statistics on distribution channel and supply chain management across different regions are presented through different resources such as tables, charts and graphic images.
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Competitive Outlook: The leading companies operating in the Micro Irrigation Systems market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Micro Irrigation Systems Market and Profiled in the Report are:
Jain Irrigation Systems Ltd., Netafim, The Toro Company, Nelson Irrigation, T-L Irrigation, Microjet, JSS Irrigation, Valmont Industries, Inc., Rivulis, Reinke Manufacturing Co., Inc., Hunter Industries, and Irritec S.p.A
Objectives of the Report:
Study of the global Micro Irrigation Systems market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Micro Irrigation Systems market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Micro Irrigation Systems market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Micro Irrigation Systems market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Mechanism Outlook (Revenue, USD Billion; 2019–2030)
Sprinkler Irrigation System
Drip Irrigation System
Others
Component Outlook (Revenue, USD Billion; 2019–2030)
Sprinkler Irrigation Components
Tubing
Pressure Regulators
Nozzles
Others
Drip Irrigation Components
Drippers
Pressure Regulators
Valves and Filters
Tubing
Others
Cultivation Technology Outlook (Revenue, USD Billion; 2019–2030)
Protected Cultivation
Open Field
Regional Analysis:North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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