New York – March, 22, 2017 – Axiom Market Research & Consulting published a report on Global Micro Irrigation market. Key companies that lead the micro irrigation market are Driptech Incorporated, EPC Industries Limited, Hunter Industries Incorporated, Jain Irrigation Systems Limited, Lindsay Corporation, Nelson Irrigation Corporation, Netafim Limited, Rain Bird Corporation, Rivulis Irrigation, T-L Irrigation Company, The Toro Company and Valmont Industries Inc. The global report includes market drivers and restraints, new trends, competitive landscape, market size estimation and forecast up to 2023. The report consists of 128 data tables,17 figures and164 pages.
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The market was extensively studied for important countries in Asia-Pacific, Latin America, Middle East and Africa. Along with all the leading countries the market was also studied for South Korea, Australia, New Zealand, Chile, Peru, Kenya, Israel, Egypt, Saudi Arabia and U.A.E. Rising technological advancement in farming, increasing awareness about advantages of micro irrigation among farmers and increasing demand for food security in water scarcity and limited availability of land has led to the growth of North American micro irrigation market. North America dominated the market with the largest market share followed by Europe and Asia-Pacific. U.S. has the largest market share and Mexico is the fastest growing in the country-level market in North America region. Asia-Pacific is the fastest growing region in the micro irrigation systems market.
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Global Micro Irrigation market is segmented on the basis of type, components, crop type, end users and by region/country. The types, of micro irrigations covered in the report are drip irrigation, sprinkler irrigation. The micro irrigation market can be segmented by components as drip emitters, irrigation valves, polyethylene tubing, filters, micro spry/sprinklers. By crop type, the market is segmented as orchard crops & vineyards, field Crops and plantation crops and other crops. The major end users of micro irrigation system are industrial users, farmers and others. The report includes market size estimation for the regions such as North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Global Micro Irrigation key industry trends:
• Increasing water scarcity and growing demand for food security is driving the market.
• Drip irrigation accounts for the largest market share
• Orchard crops & vineyards projected to be the fastest growing market
• Industrial users hold the highest share among the end users
• Polyethylene tubing to be the largest components market
Axiom MRC’s Qual-Quant data modeling tool is an in-house developed tool, which is based on the fundamentals such as Top Down and Bottom Up approaches. The data model compares irrigation, agrochemicals etc. markets to estimate and validate the qualitative and quantitative findings across various countries. It also allows to analyze the market value chain in comparison with main market i.e. global irrigation market to arrive at holistic and factual findings of the markets. The outcome of the data collection and secondary research is further validated with in-depth primary interviews conducted with key industry participants of micro irrigation market.
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