The "Drip Irrigation Systems - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
Global Drip Irrigation Systems Market is expected to grow at a CAGR of 15.6% during the forecast period. Increasing benefits of drip irrigation systems and rising agricultural activities in emerging economies are some of the key driving factors for the market growth.
However, high initial cost of drip irrigation systems is restraining the market. One of the major trends in the market is growing implementation of greenhouse agriculture.
Drip irrigation system also referred as trickle irrigation. It is a system that primarily saves water and nutrients by allowing water to drip gradually to the roots of the plants. Majorly, the aim is to take water directly into the root areas and reduce evaporation.
In addition, these systems distribute the water through a network of pipes, valves, emitters and tubing. Agricultural systems have been highlighting the need for irrigation systems due to the rising pressure on water conservation. It is mainly chosen by the farmers across the country over surface irrigation, owing to wastage of water during evaporation.
By Application, Agriculture segment is expected to grow at the considerable market share during the forecast period. Agriculture is the nurturing of land and plants to provide food, fiber etc., to sustain and enhance life. In addition, it is used more efficiently through drip irrigation systems. Modern irrigation is one of the technological developments in agriculture that has substantial impact on water productivity.
By Geography, Asia Pacific is anticipated to grow at the significant market share over forecast period due to rising demand of global drip irrigation system from various applications in emerging economies, such as India, China, and South Korea is probable to preserve its dominance. China will have the fastest growth due to its growing adoption of advanced agricultural practices and technologies.
Key Topics Covered:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Drip Irrigation Systems Market, By Crop Type
6 Global Drip Irrigation Systems Market, By Component
7 Global Drip Irrigation Systems Market, By Application
8 Global Drip Irrigation Systems Market, By Dripper Type
9 Global Drip Irrigation Systems Market, By Geography
10 Key Developments
11 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/n8kn23/global_drip?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20181211005796/en/
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Topics: Water,
Agricultural
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