Navigation Links
Micro Irrigation System Market to Reach $3414.7 Million by 2016 at a CAGR of 17.9% - New Report by MarketsandMarkets
Date:5/24/2013

(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.

Browse:

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

http://www.marketsandmarkets.com/Market-Reports/micro-irrigation-system-market-566.html

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 @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=566

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.

Contact:
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 http://www.prweb.com/releases/micro-irrigation-system/market/prweb10767630.htm.


'/>"/>
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 (BayAreaSystems.com) 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:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... Brooklyn, NY (PRWEB) , ... June 27, 2016 ... ... is using cutting edge technology to revolutionize the emergency ambulance transport experience for ... Many are aware of how Uber has disrupted the taxi industry through the ...
(Date:6/26/2016)... ... 26, 2016 , ... On June 10-11, 2016, A Forever Recovery, a holistic ... World’s Longest Breakfast Table in Battle Creek, MI, where the rehabilitation facility is located. ... some of the world’s leading providers of cereal and other breakfast foods. Its residents ...
(Date:6/26/2016)... ... ... blind and certified personal trainer is helping to develop a weight loss fitness plan that ... the two major problems leading the fitness industry today:, , All ... They don’t eliminate all the reasons people quit their exercise program , ...
(Date:6/25/2016)... ... June 25, 2016 , ... Austin residents seeking Mohs surgery ... of Mohs Surgery and to Dr. Russell Peckham for medical and surgical dermatology. , ... for skin cancer. The selective fellowship in Mohs Micrographic Surgery completed by Dr. Dorsey ...
(Date:6/25/2016)... TX (PRWEB) , ... June 25, 2016 , ... ... the United States, named Dr. Sesan Ogunleye, as the Medical Director of its new ... the facility Medical Director of our new Mesquite location,” said Dr. James M. Muzzarelli, ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... 2016 Research and Markets has announced ... Analysis 2016 - Forecast to 2022" report to their ... contains up to date financial data derived from varied research ... trends with potential impact on the market during the next ... which comprises of sub markets, regional and country level analysis. ...
(Date:6/23/2016)... , June 23, 2016 Research ... Pharma News Issue 52" report to their offering. ... in influenza treatment creates a favourable commercial environment for MedImmune ... growing patient base that will serve to drive considerable growth ... vaccine would serve to cap sales considerably, but development is ...
(Date:6/23/2016)... , June 23, 2016 , ... Thursday, July 7, 2016 , , , , LOCATION: , ... , , , , EXPERT PANELISTS:  , , , Frost ... Industry Analyst, Christi Bird; Senior Industry Analyst, Divyaa Ravishankar and Unmesh ... The global pharmaceutical industry is witnessing an exceptional era. Several ...
Breaking Medicine Technology: