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Micro Irrigation System Market worth $3414.7 Million by 2016 www.marketsandmarkets.com/Market-Reports/micro-irrigation-system-market-566.html


Market research report “Micro Irrigation System Market Trends and Global Forecasts (2011 - 2016)�published by MarketsandMarkets (www.marketsandmarkets.com), global micro irrigation system market expected to reached over $1,290 million by the end of year 2010 and is expected to reach $3,414.7 million by 2016, growing at a CAGR of 17.9% from 2011. The global micro irrigation system market is one of the fastest growing segments of global agriculture industry. This growth is fueled by Government encouragement for adoption of micro irrigation system as regular practice for future safety due to water scarcity, in order to conserve natural water resources. This growth is particularly higher in geography such as Africa and Asia-Pacific due to increased water scarcity and farmers awareness regarding improvement in yield quality and quantity using micro irrigation. Sprinkler micro irrigation systems, which includes micro sprinkler irrigation and micro jet irrigation systems are the biggest market segments as on 2010, owing to their wide-spread use in sprinkler irrigation. Sprinkler micro irrigation systems currently controls over 72% of the global micro irrigation system market. Drip micro irrigation systems are a smaller market segment, but expected to grow at a faster pace than any other segment, due to Government encouragement for optimum water usage to secure future water demands especially in water scarce geography.

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TABLE OF CONTENTS 1 INTRODUCTION 1.1 KEY TAKE-AWAYS 1.2 REPORT DESCRIPTION 1.3 RESEARCH METHODOLOGY 1.3.1 MARKET SIZE 1.3.2 KEY DATA POINTS FROM SECONDARY SOURCES 1.3.3 ASSUMPTIONS MADE FOR THIS REPORT 1.3.4 STAKEHOLDERS 1.4 KEY QUESTIONS ANSWERED 2 EXECUTIVE SUMMARY 3 MARKET OVERVIEW 3.1 INTRODUCTION 3.2 WINNING IMPERATIVE 3.2.1 FERTIGATION & CHEMIGATION REDUCED FERTILIZER & HERBICIDES USE 3.3 DRIVERS 3.3.1 RISING POPULATION & INCREASING FOOD REQUIREMENTS 3.3.2 WATER SCARCITY DEMANDS MICRO IRRIGATION 3.3.3 MICRO IRRIGATION IMPROVES CROP YIELD & QUALITY 3.3.4 WATER USE EFFICIENCY WITH MICRO IRRIGATION 3.4 RESTRAINTS 3.4.1 HIGH INITIAL INVESTMENT 3.4.2 CONTINUOUS MAINTENANCE ADDS TO THE COST ……………………………..

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Summary Sprinkler micro irrigation systems majorly consist of micro sprinkler irrigation system and micro jet irrigation system. Sprinkler micro irrigation systems currently hold 72% of the global micro irrigation system market as the largest revenue generating segment. However, drip irrigation systems are used mostly for green house irrigation and water scarce areas holds a minor share in the market but expected to grow faster. This report provides a comprehensive outlook on the global micro irrigation system market with respect to various geography and micro irrigation system type. In terms of revenue, the market was estimated to be worth $1,290 million in 2010 and is expected to reach $3,414.7 million by 2016, growing at a CAGR of 17.9% from 2011 to 2016. Growth in revenue is expected to be higher than area occupied owing to the increasing cost of raw materials for micro irrigation system.

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Micro Irrigation System Market Trends and Global Forecasts (2011 - 2016)  

Micro irrigation system is one of the fastest growing segments in irrigation system market. Micro irrigation systems are further classified...

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