(Australia-NewsWire.Com, May 22, 2017 ) The " Asia-Pacific Drip Irrigation Systems Market " research report, published by Market Data Forecast estimates that the market itself was worth $412.2 billion in 2016 and expected to grow at a CAGR of 12.20%, to reach $742.6 billion by 2021 with a cumulative growth rate of $330.4 billion in the span of five years.
Drip irrigation is sometimes called trickle irrigation and involves dripping water onto the soil at very low rates from a system of small diameter plastic pipes fitted with outlets called emitters or drippers. Water is applied close to plants so that only part of the soil in which the roots grow is wetted, unlike surface and sprinkler irrigation, which involves wetting the whole soil profile. With drip irrigation water, applications are more frequent than with other methods and this provides a very favorable high moisture level in the soil in which plants can flourish. If the drip irrigation system is properly designed, installed, and managed, drip irrigation may help achieve water conservation by reducing evaporation and deep drainage.
For granular level understanding the Drip Irrigation Systems Market segmented based on product and application, each being provided with Market Size Estimates and Y-o-Y Forecasts. The Asia-Pacific Drip Irrigation systems Market is categorized on the basis of Crop Type into Fruits and Vegetables, Field crops, Orchard Crops, Turf and ornamental, Vineyard and others. On the basis of application, the market further divided into Agriculture, Landscape, Greenhouse and Others. On the basis of components, the market is segmented into Pressure Gauges, Filters, Valves, Emitters, Drip Tubes, and Others.
On the basis of geography, the Asia-Pacific market is analyzed under various regions namely Japan, China, Australia, India and ASEAN. The market in this region has a positive growth outlook due to various factors like large population and rising needs, increased spending capabilities of consumers, improving infrastructure, and increasing investments by leading players and respective government agencies in the region.
Some of the major companies operating in Asia-Pacific Drip Irrigation system market are Netafim Limited, Jain Irrigation System Limited, Lindsay Corporation, The Toro Company, Eurodrip S.A, EPC Industries Limited, Rain Bird Corporation, Rivulus Irrigation, and Driptech Incorporated.
The Asia-Pacific Water Drip Irrigation Systems Market report offers wide-range of scope:
•Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
•Know more about key areas of industry growth via detailed Segment-level analysis on basis of product type long with market size forecasts and y-o-y estimations
•Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
•Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
•Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
•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
•Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Sales Manager (International Business Development)