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Global Micro Irrigation Systems Market
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Global Micro Irrigation Systems Market to be driven by depleting water resources, increasing population across the world, reducing per capita arable land, government encouragement, growing interest among farmers to use micro-irrigation systems, increased demand from emerging economies in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ' Global Micro Irrigation Systems Market Report and Forecast 2021-2026 ', gives an in-depth analysis of the global micro irrigation systems market, assessing the market based on its segments like product, crop type, cultivation technology, applications and North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter's Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2016-2026)

  • Forecast CAGR (2021-2026):11.0%

Depleting water supplies, growing population worldwide, reducing per capita arable land, increasing interest among farmers in using micro-irrigation systems, increasing demand from emerging economies are drivers that contribute to market growth. Water is dwindling to a greater degree and needs to be used optimally. In particular, government funding drives the economy, and it is projected to have a robust effect on the market over the forecast period. The need for water conservation, a rising need to reduce the risk of climate-related yields, an increasing number of horticultural, landscaping and other applications alongside the prevalence of automated systems contribute in being the factors for expansion of micro irrigation systems industry.

Industry Definition and Major Segments

A contemporary irrigation method is the micro-irrigation system. Water is steadily delivered in this phase in the form of discrete droplets, continuous drops, streams, etc. With its low cost and water quality, the micro-irrigation system is famous. This saves water and yields high yields. (All segments, mention the leading or significant (growth-driving) segments)

Based on product, micro irrigation systems can be divided into:

  • drip
  • Sprinkler
  • others

Micro Irrigation Systems can be segmented on the basis of crop type as:

  • Field Crops
  • Orchard Crops
  • Drilling ad Grass
  • Planting Crops
  • others

Basis cultivation technology, micro irrigation systems can be segmented into:

  • Protected Cultivation
  • OpenField

Based on applications, micro irrigation systems can be categorized into:

  • Greenhouse
  • Agriculture
  • Nursery
  • Landscape
  • others

The regional markets for global micro irrigations systems can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Market Trends

As the farm sector in North America is well diversified, North America is one of the leading regions for micro-irrigation systems. The environment has been developed by increasing mechanization and government funding, allowing farmers to extend their farm size and boost overall production. Due to the growing demand for food in the region, the growth of the agricultural industry is likely to be moderate during the forecast period. Because of the strict regulations implemented to deal with water loss, North America would dominate the market for micro irrigation systems along with growing demand for orchard crops for the rising food processing industry.

It is expected that the Asia Pacific region will be the fastest growing regional market. The rapid mechanisation of agriculture in Asian countries and the increase in government initiatives to minimize irrigation water waste are the drivers of demand in the region for micro-irrigation systems. In the Asia Pacific region, many countries rely mostly on agriculture. Via incentives, subsidies, and new amplified legislation, Asian countries have been supporting the agricultural machinery industry over the last decade to promote the growth and modernization of the industry. The mechanisation of the agricultural process would improve within the region as farm income increases.

Key Market Players

The major players in the market are Lindsay Corporation, The Toro Company, Rain Bird Corporation, Netafim Ltd, Mahindra EPC Irrigation Limited, Jain Irrigation Systems Ltd and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviors. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, . Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos ( ), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person:-Ian Bell, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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