The micro irrigation system market is expected to grow with a CAGR of 15% by 2024

October 04, 2019

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According to a new market report by Lucintel, the future of the micro-irrigation system market looks promising with opportunities to the farmers and industrial users. The micro-irrigation system market is expected to grow with a CAGR of 18% from 2019 to 2024. The major growth drivers for this market are efficient usage of water resources in drought conditions, low-cost irrigation technique, higher yield requirement from limited area, and rapid growth in greenhouse vegetable production.
To download report brochure, please go to https://www.lucintel.com/micro-irrigation-system-market.aspx and click "report brochure" tab from the menu.
In this market, micro-sprinkler irrigation and drip irrigation are the major micro-irrigation systems used for irrigation. Drip irrigation is the largest segment of the micro-irrigation system market.
Within the micro-irrigation system market, orchard crops & vineyards, field crops, and plantation crops are the major application segments. Orchard crop is the largest application segment for micro-irrigation systems.
Asia Pacific will remain the largest market over the forecast period due to growth in population and increasing focus on commercial farming. 
The Toro Company, Jain Irrigation, Rain Bird Corporation, Netafim, Valmont Industries, Hunter Industries, and Lindsay Corporation are among the major manufacturers of micro-irrigation systems.  
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the micro-irrigation system market by system type, application, user type, and region. Lucintel has prepared a comprehensive research report entitled "Micro-irrigation Systems Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the micro-irrigation system market by system type, application, user type, and region as follows:
By System Type [$M shipment analysis for 2013 – 2024]:
  • Micro-sprinkler
  • Drip
By Application [$M shipment analysis for 2013 – 2024]:
  • Orchard crops and vineyards
  • Field crops
  • Plantation crops
  • Others
By User Type  [$M shipment analysis for 2013 – 2024]:
  • Farmers (Small, Medium and Large)
  • Industrial Users
  • Others
By Region [$M shipment analysis for 2013 – 2024]:
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World (RoW)
    • Middle East
    • South Africa
    • South America
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/micro-irrigation-system-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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