MRRS adds "Micro Irrigation Systems Market by Type (Drip & Sprinkler Irrigation Systems), Crop Type (Field Crops, Plantation Crops, Orchard Crops, and Forage & Turf Grasses) & by Region – Global Trends & Forecasts to 2019" latest studies, published in January 2017. It is a professional and in-depth study.

The micro irrigation systems market has grown exponentially in the last few years and this trend is projected to continue. The market was valued at $1,909.88 million in 2013 and is projected to grow at a CAGR of 17.2% from 2014 to 2019. The market is primarily driven by factors, such as increasing water scarcity in most of the regions of the world and improved crop production with the use of micro irrigation systems.

The micro irrigation systems market is led by North America followed by the Asia-Pacific region. The U.S. micro irrigation systems market not only dominates North America but also the global market. Asia-Pacific is projected to be the fastest-growing micro irrigation systems market globally for the period under consideration. The market is projected to grow significantly at a CAGR of 20.6% from 2014 to 2019. India and China are the major and the fastest-growing micro irrigation systems markets in the Asia-Pacific region for the next five years, due to increasing water demand owing to increasing population.

In this report, the micro irrigation systems market has broadly been segmented on the basis of type, crop type, and region. New product launches was the most preferred growth strategy in the micro irrigation systems market. The purpose of adopting this strategy is that it results in increasing geographic presence and clientele. Major players such as Netafim Limited (Israel), The Toro Company (U.S.), Jain Irrigation Systems Ltd. (India), and Rain Bird Corporation (U.S.) collectively accounted for more than half of the global micro irrigation systems market and they are mainly focusing to strengthen their product range. Other players in the market are EPC Industries Limited (India), Nelson Irrigation Corporation (U.S.), Rivulis Irrigation (Israel), Valmont Industries, Inc. (U.S.), and T-L Irrigation Co. (U.S.), which have major presence in the global micro irrigation systems market.

Table Of Contents
5 MARKET OVERVIEW 42
5.1 INTRODUCTION 43
5.2 EVOLUTION 43
5.3 MARKET SEGMENTATION 45
5.3.1 MICRO IRRIGATION SYSTEMS MARKET, BY TYPE 45
5.3.2 MICRO IRRIGATION SYSTEMS MARKET, BY CROP TYPE 45
5.4 MARKET DYNAMICS 46
5.4.1 DRIVERS 47
5.4.1.1 Protection Against Drought with Micro Irrigation 47
5.4.1.2 Low-cost Irrigation Technique 47
5.4.1.3 Rising Population & Increasing Food Requirements 48
5.4.1.4 Improvement in Crop Yield & Quality 49
5.4.1.5 Rapid Growth in Greenhouse Vegetable Production 49
5.4.2 RESTRAINTS 50
5.4.2.1 High Initial Investment 50
5.4.2.2 Continuous Maintenance Requirement 52
5.4.3 OPPORTUNITY 52
5.4.3.1 Strong Progress in New and Emerging Markets (Asia-Pacific & RoW) 52
5.4.4 CHALLENGE 53
5.4.4.1 Environmental Degradation and Climate Change 53
5.4.5 BURNING ISSUE 53
5.4.5.1 Absence of Proper Monitoring Agency Leads to Product Duplication 53
6 INDUSTRY TRENDS 54
6.1 INTRODUCTION 54
6.1.1 ADVANTAGES OF SPRINKLER & DRIP IRRIGATION SYSTEMS 54
6.2 VALUE CHAIN ANALYSIS 56
6.3 SUPPLY CHAIN ANALYSIS 57
6.3.1 PROMINENT COMPANIES 57
6.3.2 SMALL & MEDIUM ENTERPRISES 57
6.3.3 END USERS 58
6.3.4 KEY INFLUENCERS 58
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