The article cited AMA's Global Micro Irrigation Systems Market Study explored substantial growth with CAGR of 15.8%. According to the study, Rising Preference for Micro Irrigation Systems with Improved Features of Products is one of the primary growth factors for the market. Rising Demand for both Water Conservation and High Crop Yield of Global Food Security
is also expected to contribute significantly to the Micro Irrigation Systems market. Overall, Small Farming
applications of Micro Irrigation Systems, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Valmont Industries, Inc. (United States), Hunter Industries (United States), The Toro Company (United States), Jain Irrigation Systems Ltd. (India), Nelson Irrigation Corporation (United States), Netafim Ltd. (Israel), Lindsay Corporation (United States), T-L Irrigation Co. (United States), Rain Bird Corporation (United States) and Rivulis Irrigation Ltd. (India) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMA’s Analyst on the Global Micro Irrigation Systems market identified that the demand is rising in many different parts of the world as "Increasing Consumers Awareness in Emerging Countries Such as India, China, Philippines and others
". Furthermore, some recent industry insights like "In November 2018, the Jain Irrigation Systems Ltd. (India) company has announced that the major growth in micro-irrigation in the domestic market was more than 31%. Hence, the major growth in a micro-irrigation system will affect the growth of the market in the future." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Narrow Level of Commercialization in the Developing Economies Countries and Major Concern regarding the Environmental Degradation of Equipment which Resulting in Additional Costs for Clean-Up as well as Disposal"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
• Detailed Overview of Micro Irrigation Systems market will help deliver clients and businesses making strategies. • Influencing factors that thriving demand and latest trend running in the market • What is the market concentration? Is it fragmented or highly concentrated? • What trends, challenges and barriers will impact the development and sizing of Micro Irrigation Systems market • SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. • What growth momentum or downgrade market may carry during the forecast period? • Which region may tap highest market share in coming era? • What focused approach and constraints are holding the Micro Irrigation Systems market tight? • Which application/end-user category or Product Type [Sprinkler Irrigation, Drip Irrigation, Spray Irrigation, Subsurface Irrigation and Bubbler Irrigation] may seek incremental growth prospects? • What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Micro Irrigation Systems market and other related sub-markets covered in the study.
o Key & emerging players in the Micro Irrigation Systems market have been observed through secondary research. o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Micro Irrigation Systems market size is calculated using market estimation process, the Micro Irrigation Systems market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Micro Irrigation Systems market size has been validated using both top-down and bottom-up approaches.