Microirrigation Systems Market- Global Forecast to 2021

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MarketsandMarkets Presents
Microirrigation Systems Market- Global Forecast
to 2021
https//https//www.marketsandmarkets.com/Market-R
eports/micro-irrigation-system-market-566.html
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• The microirrigation systems market was valued at
  USD 2.53 Billion in 2015 this market is
  projected to grow at a CAGR of 18.3 from 2016 to
  2021, to reach 6.81 Billion by 2021.
• The microirrigation systems market has been
  segmented on the basis of on the basis of crop
  type and mode of application. It has been further
  segmented on the basis of region into North
  America, Europe, Asia Pacific, and the Rest of
  the World (RoW). The main objectives of the
  report are to define, segment, and project the
  market size of the microirrigation systems with
  respect to the above-mentioned segmentations and
  provide a detailed study of key factors
  influencing the growth of the market, along with
  profiling the key players in the market and their
  core competencies.
• Depending upon the application, the global market
  is led by orchard crops vineyards, followed by
  plantation crops. Rapid growth in the production
  of greenhouse vegetables is driving the
  application of microirrigation systems in orchard
  crops. Higher yield requirement from limited
  areas has also led to the growth in its
  application.
• Target Audience
• The stakeholders for the report include
• Agricultural producers
• Distributors of microirrigation systems
• Microirrigation system manufacturers
• Regulatory authorities
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• Scope of the Report
• The microirrigation systems market has been
  segmented as follows
• On the basis of Type
• Microsprinkler
• Drip
• On the basis of Application
• Orchard crops and vineyards
• Field crops
• Plantation crops
• Others
• On the basis of mode of Application 
• Farmers (Small, Medium and Large)
• Industrial Users
• Others
• On the basis of Region

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• Amongst the types of microirrigation systems such
  as drip and microsprinkler, drip irrigation
  systems accounted for the largest market share in
  2015. Drip irrigation is widely used because,
  with its application, nutrient loss is reduced,
  leaching is minimized, growth of weed is reduced,
  soil erosion is checked and cost of energy is
  also reduced since it operates in lower pressure.
  Among the end users such as farmers, corporates
  and others, corporates accounted for the highest
  share in 2015, whereas the farmer end user
  segment is growing with a highest CAGR due to the
  increased awareness of the advantages of
  microirrigation for agricultural use.
• North America accounted for the largest market
  share for microirrigation systems, Mexico being
  the fastest growing in the region, from 2016 to
  2021. On the other hand, Asia-Pacific is
  projected to be the fastest-growing market for
  the period considered for this study, due to the
  growing demand for water and increasing water
  scarcity.
• High investment required at the time of
  installation of microirrigation systems is one of
  the restraints for the global market. The
  continuous maintenance requirement is further
  hindering the growth of the microirrigation
  systems market.
• Jain Irrigations Systems Limited, one of the
  prominent players in the microirrigation systems
  market, focuses on both drip irrigation and
  microsprinkler systems. The companys core
  competencies are advanced manufacturing and
  quality-control systems, regulatory expertise,
  market knowledge, and RD capabilities. Recently,
  the company signed an agreement with Tata Trust
  (India). The agreement encompasses working
  towards improvement of agribusiness and research,
  extension of agriculture and development
  structures in India.
• Make an Inquiry https//www.marketsandmarkets.com
  /Enquiry_Before_BuyingNew.asp?id566

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