DUBLIN--(BUSINESS WIRE)--The "Global Precision Irrigation Systems Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 - 2025" report has been added to Research and Markets' offering.
The global precision irrigation systems market is estimated to expand with a CAGR of 13% from 2017 - 2025.
The most significant factor fueling the market growth is the rising need/demand for more efficient irrigation system with automated features for measurement and control. Although traditional irrigation techniques are still dominant in the overall market, developed regions such as North America and Europe have strong demand for advanced irrigation systems. Similar trend is estimated to be followed in the Asia Pacific region where agriculture represents a large sector with high population. The smart irrigation systems market is largely spurred by the rising population coupled with food requirement worldwide.
According to the United Nations, the global population is projected to cross the 8 Bn mark by 2030. This would further result into need for higher food production. Consequently, the adoption of more efficient and convenient irrigation systems is expected to increase significantly in the coming years resulting into higher demand for smart irrigation systems. Nevertheless, the most significant hindrance for the market is the high cost and technical complexities of the precision irrigation infrastructure.
Some of the major companies operating in the precision irrigation systems market are Netafim Ltd., Valmont Industries, Inc., Lindsay Corporation, Jain Irrigation Systems Ltd., The Toro Company, Hunter Industries, Inc. and others. The market specifically for the precision irrigation systems is quite consolidated in nature with few major players occupying the major chunk of revenue globally. These companies emphasize on offering irrigation equipment and control and monitoring system as a whole.
Key Trends:
- Precision irrigation systems including chemigation and fertigation
- Irrigation systems with internet connectivity
- Focus on large untapped markets such as China and India
- Development of advanced networks comprise large number of sensors for precise moisture/weather conditions monitoring
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Precision Irrigation Systems Market Analysis, by Component
Chapter 5 Global Precision Irrigation Systems Market Analysis, by Irrigation Equipment
Chapter 6 Global Precision Irrigation Systems Market Analysis, by Application
Chapter 7 North America Precision Irrigation Systems Market Analysis
Chapter 8 Europe Precision Irrigation Systems Market Analysis
Chapter 9 Asia Pacific Precision Irrigation Systems Market Analysis
Chapter 10 Middle East & Africa (MEA) Precision Irrigation Systems Market Analysis
Chapter 11 Latin America Precision Irrigation Systems Market Analysis
Chapter 12 Company Profiles
- Netafim Ltd.
- Jain Irrigation Systems Ltd.
- Hunter Industries, Inc.
- Toro Company
- Valmont Industries, Inc.
- Lindsay Corporation
- Reinke Manufacturing
- T-L Irrigation Company
- Nelson Irrigation
- Trimble Navigation Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/d3j3mk/global_precision
