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Precision Irrigation Systems Market By Type (Drip Irrigation, Micro Sprinklers and Sprayers, Center Pivot, Linear Move), Application (Agriculture, Non-agriculture) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Precision irrigation can be defined as irrigation systems that apply water more accurately than traditional irrigation methods and sprinkler systems. These systems are typically used along with a control and management system responsible for the amount of water and fertilizers applied to crops and plants. The overall system is equipped with various sensors that accumulate data related to moisture content, evapotranspiration, and other crucial parameters. Drip irrigation, center pivot irrigation, linear move irrigation, and micro-sprinklers are examples of irrigation equipment. The significance of these irrigation systems is that they apply water close to the roots of crops or plants based on environmental conditions.

Modernizing agriculture practices is the most significant factor fueling the precision irrigation systems market growth. The trend of using automated irrigation systems is rising and is estimated to witness strong growth in the coming years. This is another major factor supporting the market's growth. Further, with the rising concerns about water scarcity, people are increasingly turning towards water-efficient irrigation systems. Nevertheless, the market's growth is significantly hampered by the high initial costs of these irrigation systems compared to conventional irrigation systems. Additionally, precision irrigation systems require significant technical know-how, which becomes another concern for the market's growth.

 The report titled "Global Precision Irrigation Systems Market-Growth, Share, Opportunities, and Competitive Analysis, 2016–2023" offers strategic insights into the global precision irrigation systems market along with the market size and estimates for the period from 2014 to 2023. The said research study covers an in-depth analysis of multiple market segments based on types, components, applications, and cross-sectional studies across different geographies. Based on the components, the market is further segmented into irrigation equipment and control and management systems. The study covers the comparative analysis of different segments for 2015 and 2023. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

To help strategic decision-makers, the report also includes competitive profiling of the leading precision irrigation system manufacturers, their SCOT (Strengths, Challenges, Opportunities, and Weaknesses) analysis; market positioning; and key developments. Some of the major players profiled in the report are Netafim Ltd., Toro Company, Hunter Industries, Inc., Valmont Industries, Inc., Jain Irrigation Systems Ltd., Lindsay Corporation, and others.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the attractive markets within the irrigation industry
  • market fuelers, market impediments, and their impact on the market's growth
  • In-depth examination of the competitive environment
  • Market size data for the previous two years (2014-2015)
  • SRC (Segment-Region-Country) Analysis.

Overall, the research study provides a holistic view of the global precision irrigation systems market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the abovementioned factors.

The global precision irrigation systems market has been segmented based on geographical regions, as per the following regions and countries:

  • North America
    • The U.S.
    • The remainder of North America
  • Europe
    • EU7 (U.K., France, Italy, Germany, Spain, Belgium, and the Netherlands)
    • CIS
    • The rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Australasia
    • Asia Pacific as a whole
  • MEA (Middle East and Africa)
    • GCC Countries
    • North Africa
    • South Africa
    • MEA in its entirety
  • Latin America
    • Brazil
    • Mexico
    • The Rest of Latin America

The global precision irrigation systems market is dominated, in terms of revenue, by the North American region. As of 2015, the region accounted for more than 40% of the total market revenue generated globally. The market here is mainly backed by the strong penetration of precision irrigation systems in the U.S. across different applications. Center pivot is the most commonly used irrigation system in the U.S., followed by drip and linear move irrigation systems.

The precision irrigation system market in the North American market is followed by Europe in terms of revenue and adoption. Nevertheless, the Asia-Pacific region is estimated to emerge as the fastest-growing market for precision irrigation systems in the coming years. The growth is majorly expected to come from the modernizing irrigation sector in China and India. Other major markets for precision irrigation systems include Western Europe, Israel, Turkey, and others.

Frequently Asked Question:

 

 

The market for Precision Irrigation Systems Market is expected to reach XX by 2023.

The Precision Irrigation Systems Market is expected to see significant CAGR growth over the coming years, at XX.

The report is forecasted from 2016-2023

The base year of this report is 2015.

Netafim Ltd., Jain Irrigation Systems Ltd.,Hunter Industries, Inc., Toro Company, Valmont Industries, Inc. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jun 2016
Category:  Agriculture
Report ID:   57949
Report Format:   PDF
Pages:   120
Rating:    4.2 (55)
Delivery Time: 24 Hours to 48 Hours   
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