The "Drip Irrigation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global drip irrigation market to grow with a CAGR of 12% over the forecast period of 2018-2024. Asia Pacific dominates the market growth followed by North America and Europe region.
Prompt upsurge in population results in the growing demand of the agricultural product with limited resources and increasing need for water conservation mostly in infertile regions are boosting the growth of the drip irrigation market. Additionally, the agricultural irrigation segment is expected to hold the largest market share followed by greenhouse irrigation over upcoming years due to increasing water scarcity and growing adoption of irrigation tools in agricultural sector, which in turn, are driving the growth of drip irrigation market. Further, capacity of drip irrigation system for delivering improved yield with limited water supply and Small-scale farmers putting emphasis on applying these systems in order to upsurge crop yields by utilizing minimum water is again driving the growth of the market. Moreover, government enthusiasm of providing subsidies for drip irrigation and growing technological advancements in micro irrigation systems are some major factors fuelling the market growth. Besides this, the less water consumption ability and rising trend of sustainable irrigation methods is encouraging the adoption of drip systems to a large scale. However on the contrary, high initial investment cost related with installing drip irrigation system is anticipated to act as the restraining factor that affects the growth of the global drip irrigation system market. Companies Profiled- The Toro Company
- Hunter Industries Incorporated
- Rain Bird Corporation
- Chinadrip Irrigation Equipment Co. Ltd.
- Antelco Pty Ltd.
- Lindsay Corporation
- Eurodrip S.A.
- Netafim Limited
- Rivulis Irrigation Ltd.
- Elgo Irrigation Ltd.
Key Topics Covered
1. Preface
2. Executive Summary
3. Global Drip Irrigation Market Overview
4. Drip Irrigation Market Macro Indicator Analysis
5. Global Drip Irrigation Market by Components
6. Global Drip Irrigation Market by Crop Type
7. Global Drip Irrigation Market by Application
8. Global Drip Irrigation Market by Region 2018-2024
9. Company Profiles and Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/bgcspw/drip_irrigation?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180921005196/en/
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Related
Topics: Agriculture,
Water,
Agricultural
Machinery and Equipment
