Europe Micro Irrigation Systems Industry size to hit .99 Bn by 2021
Posted by MDFtrends on October 14th, 2017
According to the report Europe Micro Irrigation Systems Industry, published by Market Data Forecast, The Industry was worth --content--.88 billion in 2016 and estimated to be growing at a CAGR of 17.63%, to reach .99 billion by 2021. Irrigation means provision of water to dry land for crop development.
The micro-irrigation method consists of supply of water at regular periods above and below the soil surface. They are usually low or medium-pressure systems that distribute water in the form of mist, sprinkles, drip, spray, and jet. With the impeding dangers of water scarcity, micro irrigation systems prove to be an advanced and effective solution as compared to the orthodox irrigation methods.
Browse Industry data tables and in-depth TOC of the Europe Micro Irrigation Systems Industry to 2021 @ http://www.marketdataforecast.com/market-reports/europe-micro-irrigation-systems-market-1343/
The growth of the Europe Micro Irrigation Systems Industry is majorly due to factors such as depleting water levels, Favourable regulatory outline and government programmes. Negligible soil erosion, low weed growth and trouble-free fertigation implementation are some of the additional benefits associated with Micro Irrigation Systems. However, factors such as high initial investment and high maintenance requirement are impeding the growth of the Industry in this region. This industry also lacks proper supervising agency and guidelines, thereby neglecting product manufacturing operations, which could result in product duplication.
The Europe Micro Irrigation Systems Industry is segmented based on Type, End User, and Application. The Industry for Micro Irrigation Systems, on the basis of Type, is classified into Drip Irrigation System, Sprinkler Irrigation System, Central Pivot Irrigation System, and Lateral move Irrigation System. Drip Irrigation System is further segmented into Backflow Preventers, Filters, Drip Tube, Valves, Pressure Regulators, and Emitters, whereas Sprinkler Irrigation System is further classified into Tubing, Sprinkler Heads, Pumping Unit, Fittings and Accessories, and Couplers. Central Pivot Irrigation System is further segmented into Pipelines, System control towers, Water Emitters, and Central Towers. Sprinkler Irrigation Systems lead the Industry for Micro Irrigation Systems, whereas are Drip Irrigation Systems are growing at the highest CAGR during the forecast period. With the advance of micro sprinklers, irrigation on low value field crops has enhanced, thereby increasing the demand for micro sprinklers. On the basis of End User, the Micro Irrigation Systems Industry is segmented into Farmers, Industrial Users, and Others. On the basis of Application, the Micro Irrigation Systems Industry is segmented into Plantation Crops, Orchard Crops & Vineyards, Field Crops, Forage & Turf Grasses, and Others. Orchard Crops & Vineyards lead the Industry on the basis of application, followed by Plantation Crops.
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The Europe Industry has been geographically segmented into Germany, U.K, France, Spain, and Italy. Europe is one of the largest users of micro irrigation systems, with the agricultural sector being a substantial user of water resources, accounting for around 35.0% of the total water use. In terms of the area irrigated and the quantity of water utilized, water requirement for irrigation is relatively minor in Ireland and Finland, moderate in Sweden, Luxembourg and Denmark, and significant in countries such as U.K., Germany, France, Portugal, Spain, Italy, and Greece.
The industry is highly disjointed with several small, medium and large scale players. Companies are funding R&D projects and building collaborations to achieve a stronger position in the Industry by boosting their product portfolio. The major companies dominating the Micro Irrigation Systems Industry in this region are Jain Irrigation Systems Ltd., Lindsay Corporation, Nelson Irrigation Corporation, The Toro Company, EPC Industries Limited, Valmont Industries Inc., and T-L Irrigation.
Key Points from Table of Contents
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Europe Micro Irrigation Systems Industry: Segmentation
Industry Leaders' Analysis
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