Micro Irrigation Systems Market Growth with 9.3 % CAGR Predicted till 2019 - 2027 | Jain Irrigation System Limited
Microirrigation is an economical method of supplying water through low-pressure delivery pressure.
SEATTLE, WA, UNITED STATES , February 7, 2022 /EINPresswire.com/ -- Market Overview:
Microirrigation is an economical method of supplying water through low-pressure delivery pressure. It is used in agriculture for row crops, vineyards, and orchards. Moreover, this method contributes to water-saving and higher quality of crop and is suitable for all types of soil.
Competitive Landscape:
Micro Irrigation Systems Market Includes Netafim, Jain Irrigation System Limited, John Deere & Company, EPC Industries, ELGO Irrigation Ltd., Hunter Industries, Inc., Lindsay Corporation, Valmont Industries, Inc., and Rain Bird
𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 : https://www.coherentmarketinsights.com/insight/request-sample/4051
Key Market Drivers:
Increasing need to save water and high yield production due to rising concern over food security is driving growth of micro irrigation market. This is attributed to the growing population around the globe. According to the United Nation, the world's population is expected to increase by 2 billion persons in the next 30 years, from 7.7 billion currently to 9.7 billion in 2050 and could peak at nearly 11 billion around 2100.
Advancement in the technology is another major key factor fostering growth of the market. For instance, in August 2019, Omaha, NE: Valley® Irrigation, Leader in Precision Irrigation®, announce the launch of Valley 365TM, a new single-source platform for connected crop management.
Covid-19 Impact Analysis
The Covid-19 outbreak has had an adverse impact on various industries around the globe. Due to the strict rules and regulations undertaken by government to curb the spread of the infection, companies are looking to function remotely. Moreover, various companies are looking to implement strict measures to operate at minimum risks. Additionally, various companies had shutdowns their manufacturing units which had an adverse impact on glycerol market.
Key Takeaways:
The micro irrigation market is expected to exhibit a CAGR of 9.3% over the forecast period owing to the growing need to save water and increasing concern over food security.
North America is expected to gain significant growth over the forecast timeframe and this can be attributed to the rising adoption of advanced technology in the region. According to the IntechOpen, tn the US more than 65% of total vegetable acreage and 76% of fruit acreage is irrigated. Irrigating fruit and vegetable crops can increase marketable yields by 200% or more and is necessary to produce the high quality and yields required to be profitable.
𝗕𝘂𝘆 𝗡𝗼𝘄 𝗮𝗻𝗱 𝗚𝗲𝘁 𝗜𝗻𝘀𝘁𝗮𝗻𝘁 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 𝗼𝗳 𝗨𝗦𝗗 𝟮𝟬𝟬𝟬 𝗳𝗼𝗿 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝗥𝗲𝗽𝗼𝗿𝘁 : https://www.coherentmarketinsights.com/promo/buynow/4051
Important Features that are under Offering and Key Highlights of the Reports:
– Potential and niche segments/regions exhibiting promising growth.
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Market
– Strategies of key players and product offerings
𝐓𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭'𝐬 𝐬𝐭𝐮𝐝𝐲 𝐨𝐛𝐣𝐞𝐜𝐭𝐢𝐯𝐞𝐬 𝐚𝐫𝐞 𝐚𝐬 𝐟𝐨𝐥𝐥𝐨𝐰𝐬:
✤ SWOT Analysis is used to define, assess, and analyse market competition by focusing on the world's major manufacturers. The market is defined, described, and forecasted by type, application, and region.
✤ Examine the potential and advantages of the global and major regional markets, as well as the opportunities and challenges, as well as the constraints and risks.
✤ Determine whether market growth is being driven or hampered by trends and factors.
✤ Stakeholders will be able to assess market potential by identifying high-growth categories.
✤ Conduct a strategic analysis of each submarket's growth trends and contribution to the market.
✤ Competitive developments in the market include expansions, agreements, new product launches, and acquisitions.
✤ To develop a strategic profile of the major players and conduct a thorough analysis of their growth strategies.
𝐊𝐞𝐲 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐀𝐝𝐝𝐫𝐞𝐬𝐬𝐞𝐝:
✔ In the next seven years, what innovative technology trends should we expect?
✔ Which sub-segment do you believe will grow the fastest over the next few years?
✔ By 2028, which region is predicted to have the largest market share?
✔ What organic and inorganic strategies are businesses employing to gain market share?
About Coherent Market Insights:
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