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21 Jan 2021, 18:04 GMT+10
Market Overview
Micro-Irrigation System Market is projected to grow at CAGR of 12.8% backed by as increasing demand for such system to maintain water resources and to develop quality crop yield production in region where farmers are facing drought situation. Popularity of drip irrigation and sparkling irrigation especially in developing countries will drive the growth of market. Governments from Asian and African countries are offering subsidies over installation cost of micro-irrigation systems to promote this system among farmers, this factor will influence the sales to boost market growth during forecast period.
Companies are focusing on APAC region as it has huge potential to grow the market. Considering need of farmers from APAC and African region, companies are coming up with advanced technologies which are affordable to them as high initial investment and high maintenance cost of such systems are act as hindrance to growth of the market.
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Major Key Players Analysis
This report includes a study of strategies, of major market players. It includes the product portfolios, developments of leading major players Netafim Ltd Corporate (Israel), Akplas (Turkey), Jain irrigation systems (India), Irritec (Italy), Rivulis (Israel), Hunter Industries (U.S.), Antelco (Australia), Lindsay Corporation (U.S.), The Toro Company (U.S.) and Weishi Huifa Machinery Plant (China)
Segments
Global Micro-Irrigation Market has been segmented as micro-sprayers/sprinklers, micro-bubblers, drippers, drip tubing and others, among which micro-sprayers/sprinklers and drip systems is estimated for the largest market share in 2016. Reducing water table levels, rise in water scarcity in major agriculture based countries has resulted in higher adoption of micro-sprayers/sprinklers irrigation systems.
Reasons to buy
The study includes detailed market analysis of micro-irrigation system market encompassing its macro and micro-markets
It covers market segmentation by type, material and end use
It helps in identifying region-wise major suppliers and understand consumption patterns
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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See Campaign: https://www.marketresearchfuture.com/reports/micro-irrigation-systems-market-1949Contact Information:Market Research Future
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Market Research Future
Office No. 12.828, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 8412.8 9312
Email: [email protected]
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