Navigation Links
Micro Irrigation System Market to Reach $3414.7 Million by 2016 at a CAGR of 17.9% - New Report by MarketsandMarkets

(PRWEB) May 24, 2013

According to the new market research report “Micro Irrigation System Market Trends and Global Forecasts (2011 - 2016)” published by MarketsandMarkets, 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 to 2016.


  • 150 Market Data Tables
  • 44 Figures
  • 370 pages and in-depth Table Of Content on “Micro Irrigation System Market”

Early buyers will receive 10% customization on reports.

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.

Crop protection expense is the second highest expense after fertilizer in farming expenses, both the major expenses can be reduced with fertigation and chemigation. Hence in areas other than water scarce area, fertigation and chemigation have proven to be the winning imperatives for the global micro irrigation system market. Hence micro irrigation systems are the most cost effective way of protecting crops from both biotic and abiotic stresses.

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.

The North American micro irrigation system market is expected to hold around 24% of the global market share by 2016, at an estimated CAGR of 15.7%. Asia-Pacific is the fastest growing segment due to the constant push by Government bodies for adoption of micro irrigation systems. The market share of Asia-Pacific is expected to boost from $344.5 million in 2010 to $1,062.5 million by 2016, at an estimated CAGR of 21.5% from 2011 to 2016.

Some of the major drivers of the industry identified in this report are cost effectiveness of micro irrigation systems with fertigation and chemigation, economic and social benefits with water savings, and increasing demand of food from growing population, and water scarcity while major restraint is high initial and maintenance cost of micro irrigation systems.

Buy a copy of this report @

Find related Reports to - Food and Beverage Market

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales(at)marketsandmarkets(dot)com
Connect with us on LinkedIn
Connect with us on Facebook

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. AvePoint Teams with Tahoe Partners, LLC to Enrich Microsoft SharePoint Deployments and Improve Collaboration
2. AvePoint Optimizes File Shares for Microsoft SharePoint 2013 with DocAve File Share Navigator 3.0
3. Patent Issued for Apparel and Textile Fabric with Antimicrobial Properties
4. AvePoint Outsmarts the Chaos with Interactive Meetings App for Microsoft SharePoint 2013
5. Plastics Color Corporation Publishes Paper on Antimicrobials in Plastics
6. Saggy Hound Jowls Can Now Be Eliminated With MiXto SX Micro Fractional Skin Resurfacing Laser
7. Eliminate Veiny Golfer Hands With Shaft Medical San Diego’s Micro Fractional Skin Laser Rejuvenation
8. Get Rid of Varicose Veins in Time for Summer with Shaft Medical San Diego’s Micro Needle Sclerotherapy
9. Using microbubbles to improve cancer therapy
10. Starting May 1, 2013 Bay Area Systems ( begin offering Microsoft Office 2013 Support
11. Through New Innovative Measures, Highly Pathogenic Microbes Will Now Be Tested Clinically, Strengthening The Front Line In The Fight Against Food-Borne Illness
Post Your Comments:
(Date:11/25/2015)... , ... November 25, 2015 , ... ... has focused on providing comprehensive solutions involving adult stem cell therapies to patients ... officially deemed the “Regenestem” name as a Registered Trademark (RTM). , Organizations are ...
(Date:11/25/2015)... ... 25, 2015 , ... Bunion Bootie , the newest ... of the early holiday shopping season. Starting Wednesday November 25th, Bunion Booties are ... Friday promotional pricing is in addition to any automatic discounts applied when buying ...
(Date:11/24/2015)... ... November 24, 2015 , ... Eric C. Seidel, ... many benefits of the revolutionary BIOLASE WaterLase iPlus 2.0™ system. This advanced laser ... used by a dentist in Gettysburg, PA . From routine visits to ...
(Date:11/24/2015)... ... , ... New patients who wish to seek treatment for missing teeth can ... her Mississauga, ON practice. Dr. Williams has been providing dental service for over 34 ... Missing teeth can lead to a variety of complications if they are not replaced ...
(Date:11/24/2015)... ... ... Charitable giving is at its peak during the holidays. In fact, ... the year totalling over $358 billion in 2014. With more than 1.5 million ... individuals who want to “give back” during the holidays. , “With so many charities ...
Breaking Medicine News(10 mins):
(Date:11/25/2015)... 2015 Research and Markets ( ) ... - Global Forecast to 2020" report to their ... for 37.21% of the total market share in 2014. ... region is projected to growth at the highest CAGR ... primarily to the fast growing water, industrial gas treatment, ...
(Date:11/24/2015)... 25, 2015 WuXi PharmaTech (Cayman) Inc. ("WuXi" ... open-access R&D capability and technology platform company serving the ... China and the ... extraordinary general meeting of shareholders held today, the Company,s ... and approve the previously announced agreement and plan of ...
(Date:11/24/2015)... N.C. , Nov. 24, 2015  In the ... projects in an effort to quickly uncover new insights, ... --> --> However, ... a market research project and ensure that all rules ... and industry standards. Another major barrier to efficiently launching ...
Breaking Medicine Technology: