Irrigation is the provision of water to dry land for crop enhancement.
The micro-irrigation is the method consists of supply of water at regular periods above and below the soil surface. They are generally low or medium-pressure systems that distribute water in the form of mist, sprinkles, drip, spray, and jet. With the impeding dangers of water scarcity, micro irrigation systems prove to be an advanced and productive solution as compared to the traditional irrigation methods.
The development of the Micro Irrigation Systems market is chiefly due to driving factors such as decreasing water levels, Favourable regulatory outline and government programmes. Negligible soil erosion, less growth of weed and trouble-free fertigation implementation are some of the additional advantages evaluated with Micro Irrigation Systems. Although, factors such as high initial investment and high maintenance requirement are impeding the expansion of the market. This industry also lacks proper supervising agency and guidelines, thereby neglecting product manufacturing performance, which could result in product duplication.
The industry is highly disjointed with several small, medium and large scale players. Companies are funding R&D projects and building collaborations to achieve a stronger position in the market by boosting their product portfolio. The major companies dominating the global Micro Irrigation Systems market are Jain Irrigation Systems Ltd., Lindsay Corporation, Nelson Irrigation Corporation, The Toro Company, EPC Industries Limited, Valmont Industries Inc., and T-L Irrigation.
Scope of the Micro Irrigation Systems Market Study:
•Country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
•Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
•Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
•Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
•Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
•A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
•Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
•An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
•Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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