Market Overview

Global Drip Irrigation Systems Market 2018-2022 | 14% CAGR Projection Over the Next Four Years | Technavio

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Technavio
analysts forecast the global drip irrigation systems market to grow at a
CAGR of over 14% during the forecast period, according to their
latest market research report.

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Technavio has published a new market research report on the global drip irrigation systems market fr ...

Technavio has published a new market research report on the global drip irrigation systems market from 2018-2022. (Graphic: Business Wire)

The technological innovations are one of the major trends being
witnessed in the global
drip irrigation systems market 2018-2022
. The key leading
vendors offering drip irrigation systems are focusing on increasing
their market share by offering technologically advanced irrigation
systems that can ensure improved water saving benefits to the end-users.
For instance, in April 2017, Lindsay launched FieldNET Advisor, an
irrigation management solution designed to provide growers with simple,
science-based irrigation recommendations to help them make better
irrigation management decisions.

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According to Technavio analysts, one of the key factors contributing to
the growth of the global drip irrigation systems market is the benefits
offered by drip irrigation systems:

Global drip irrigation systems market: Benefits
offered by drip irrigation systems

End-users are developing a preference for using innovative methods of
irrigation that ensure added cost benefits. This can be achieved using
drip irrigation systems that provide controlled delivery of water.
End-users can accurately apply the proper volume of water to optimize
growth.

According to a senior analyst at Technavio for research on agricultural
equipment, "The benefits of drip irrigation system can also be seen
throughout the growing cycle. Drip irrigation systems provide better
application of water to the soil for germination. With drip irrigation
systems, end-users can also optimize the air and water balance in the
soil to maintain better soil condition for root development."

Global drip irrigation systems market:
Segmentation analysis

The global drip irrigation systems market research report provides
market segmentation by end-user (agriculture and others (golf clubs,
landscaping, homeowners, and mining industries)) and by region (APAC,
EMEA, and the Americas). It provides an in-depth analysis of the
prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.

Of the two major end-users, the agriculture segment held the largest
market share in 2017, contributing to over 72% of the market. Government
initiatives and support for the installation of drip irrigation systems
have contributed to the sector's largest market share.

The Americas held the largest share of the market in 2017, accounting
for more than 43% share. Countries such as the US, Canada, and Brazil
have large agricultural lands which actively contributes to the growth
of the market. Besides this, government initiatives for drought
prevention and improved landscaping drive the demand for drip irrigation
systems in the region.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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