PUNE, India, September 10, 2015 /PRNewswire/ --
The report "Drip Irrigation Systems Market by Crop Type (Field Crops, Vegetables, Orchard Crops, Vineyard and Rest (Crops)), Application (Agriculture, Landscape, Greenhouse and Others), Components, & by Region - Global Trends and Forecasts to 2020", published by MarketsandMarkets, The market is expected to reach a value of USD 3.56 billion by 2020 at a CAGR of 10.7% for the forecast period of 2015 to 2020
Browse 71 Tables and 62 Figures spread through 170 Pages and in-depth TOC on "Drip Irrigation Systems Market"
Early buyers will receive 10% customization on this report.
The market report defines and segments the Drip Irrigation Systems Market on the basis of various types, components, applications and regions, with analyses and projections of the market size of each of these segments in terms of value. It also identifies the driving and restraining factors for the Drip Irrigation Systems Market with an analysis of the trends, opportunities, burning issues, and winning imperatives.
Ask of Brief Illustration of this Report: http://www.marketsandmarkets.com/pdfdownload.asp?id=217216582
The global drip irrigation systems are segmented into components, crop type, application and region. On the basis of components, the drip irrigation systems are divided into Emitters, Pressure Gauge, and Drip Tube, Valves, Filters and Others. On the basis of crop type it is further segmented on the basis of Field, Vegetable, Orchard, Vineyard and rest Crops. The drip irrigation systems can be applied to Agriculture, Landscape, Greenhouse, and Others. On the basis of region, drip irrigation is divided into North America, Europe, Asia Pacific and Rest of the world.
Rise in the global population has led to an increased demand for agricultural products. In such a case the cultivation of agricultural crops on arable land with limited resources has become the need of the hour. With the help of drip irrigation, this can be dealt with efficiently. Drip irrigation systems help in the prevention of water and prevent against draught affected areas. It can also be used efficiently in undulating terrain, rolling topography, barren lands, and areas with shallow soil layers. Due to its known benefits, the demand for drip irrigation is increasing and the market is witnessing an exponential growth in the market. The market is expected to reach a value of USD 3.56 billion by 2020 at a CAGR of 10.7% for the forecast period of 2015 to 2020. The market growth can also be attributed to the initiatives taken by the government in the form of subsidies in various regions to promote the use of drip irrigation systems.
Browse through the TOC of the global Drip Irrigation Systems Market report, to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the Drip Irrigation Systems Market, and is supported by various tables and figure.
The Asia Pacific region has been the market leader for drip irrigation systems with a market share of 49.5% and it is expected to further grow at the highest CAGR of 13.0% during 2015 to 2020 with China projected to face the fastest growth due to its growth in population. The market is followed by Europe as it is projected to grow at a CAGR of 8.7 during the forecast period.
The market of drip irrigation is dominated by some key market players, they are, include Netafim Limited (Israel), Jain Irrigation System Limited (India), Lindsay Corporation (U.S.), The Toro Company (U.S) and Eurodrip S.A (Greece). Expansions, new product launch and agreements are the strategies adopted by these key players to maintain and strengthen their position in the market. The market growth and increased demand is driven by the efficient use drip irrigation can provide and the increased food requirements of consumers around the world.
Browse related reports:
Micro Irrigation Systems Market by Type (Drip & Sprinkler Irrigation Systems), Crop Type (Field Crops, Plantation Crops, Orchard Crops, and Forage & Turf Grasses) & by Region - Global Trends & Forecasts to 2019
Mechanized Irrigation Systems Market by Type (Center Pivot, Lateral Move, Solid Set, & Others), Application (Agricultural Crops, Nursery Crops, and Lawns & Gardens), & by Region - Global Trends & Forecast to 2019
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/agriculture-industry
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets