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Microirrigation Systems Market trends, Market Opportunities, Industry Analysis & Forecast: Worth USD 6.81 Billion by 2021

Monday, November 7, 2016 5:21
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Microirrigation Systems Market is projected to grow at a CAGR of 18.3%”
The microirrigation systems market predictable at USD 2.53 billion in 2015, is anticipated to grow at a CAGR of 18.3%, to reach USD 6.81 billion by 2021.

The report “Microirrigation Systems Market by Type (Drip and Microsprinkler), Application (Orchard Crops & Vineyards, Field Crops and Plantation Crops), End-User (Farmers and Industrial Users) and By Region – Global Forecast To 2021” analyzes and studies the Key market drivers, opportunities, Trends, Regional Outlook, Market Segmentation and challenges in the developing nations.

Browse detailed TOC, Tables, Figures, Charts and Companies mentioned in Microirrigation Systems Market @ http://www.absolutereports.com/10241158

Microirrigation Systems Market is primarily driven by factors such as increasing water scarcity in most of the regions of the world and improved crop production with the use of micro irrigation systems. The high growth potential in the Asia-Pacific region and untapped regions provide new growth opportunities for market players.

“Drip microirrigation systems led the market with the largest share in 2015”
On the basis of type, the microirrigation systems market is led by the drip microirrigation segment, followed by microsprinkler. Drip microirrigation system has been widely used, globally. It reduces nutrient loss, minimizes leaching, reduces growth of weed, checks soil erosion and reduces cost of energy since it operates in lower pressure than other irrigation systems.

Market Drivers of Microirrigation Systems Industry:

  • Efficient usage of water resources in drought conditions
  • Low-cost irrigation technique
  • Higher yield requirement from limited area
  • Rapid growth in greenhouse vegetable production

Market Restraints of Microirrigation Systems Industry:

  • High initial investment
  • Continuous maintenance requirement

Market Opportunities in Microirrigation Systems Industry:

  • Sustainable agricultural practices of companies
  • Expanding microfinance network

Market Challenges in Microirrigation Systems Industry:

  • Lack of timely reimbursement for subsidies
  • Absence of proper monitoring agency leads to product duplication

Leading players profiled in Microirrigation Systems Market report: 
• EPC Industries Limited (India)
• Jain Irrigation Systems Limited (India)
• Lindsay Corporation (U.S.)
• Nelson Irrigation Corporation (U.S.)
• Netafim Limited (Israel)
• Rain Bird Corporation (U.S.)
• T-L Irrigation (U.S.)
• The Toro Company (U.S.)
• Valmont Industries Incorporated (U.S.)
• Hunter Industries Incorporated (U.S.)

Get PDF Sample of Report @ http://www.absolutereports.com/enquiry/request-sample/10241158

Break-up of Primaries:

  • By Company Type: Tier 1 – 35 %, Tier 45%, and Tier 3 – 20% 
  • By Designation: C level – 35%, Director level – 25%, and Others – 40% 
  • By Region: North America – 30%, Europe – 20%, Asia-Pacific – 45%, and RoW – 5% 

“Asia-Pacific: The future of the microirrigation systems market”
Asia-Pacific is projected to be the fastest-growing market for the period considered for this study, due to growing demand for water and increasing water scarcity. India and China will be the major and the fastest-growing microirrigation systems market in the Asia-Pacific region for the next five years, due to high stress on water sources, owing to increasing population.

The microirrigation systems market is led by North America followed by Asia-Pacific. The U.S. microirrigation systems market not only dominates North America but also the global market.

“Our Value Added Services provide you with 10% on demand customization with no additional costs”

Need Assistance (Content, Price, Sample and Discount), Ask us @ http://www.absolutereports.com/enquiry/pre-order-enquiry/10241158

Reasons to buy Microirrigation Systems Market report:

• To get a comprehensive overview of the global microirrigation systems market.

• To gain wide ranging information about the top players in this industry, their product portfolios and key strategies adopted by them.

• To gain insights about the major countries/regions in which the microirrigation systems market is flourishing.

About Absolute Report:

Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in depth market research. We are one of the top report resellers in the market, dedicated towards bringing you an ingenious concoction of data parameters.

Contact–

Mr. Ameya Pingaley

Absolute Reports

+1-408 520 9750

Email – sales@absolutereports.com

www.absolutereports.com

For Latest News about Current Market Trends and Forecast Visit At: http://www.absolutereports.com/news/

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