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Global Precision Irrigation Market - Segmented by Type, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)

Global Precision Irrigation Market - Segmented by Type, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)

Precision irrigation involves the accurate assessment of the requirements of the plants and accurate application of the required volume at the required time. The development of the precision irrigation has played a significant role not only in reducing the water which is required to maintain the yields of the crop but it has stressed on the need for new methods for accuracy of irrigation scheduling and control. The market for precision irrigation was valued at USD 2.76 billion in the year 2017 and is estimated to increase further till 2023, registering a CAGR growth of 7.2% in the forecast period.

The market for precision irrigation is driven by factors such as increasing need for efficient use of water globally, demand for varieties of crops available round the year, rising population and their increasing food demand, and strong support from different government organizations who encourage and promote the farmers to adopt precision irrigation and enhanced yield and quality of crops by using precision irrigation. The major factors which are affecting the market negatively are high initial installation cost and maintenance cost and lack of technical expertise to interpret and operate precision irrigation technologies.

Boom Irrigation System to be the Best Technology

Boom irrigation system have proved to be the best technology developments in precision irrigation over the last 20 years. They work best with plug or cell trays, pot to pot spaced plants or cutting in beds. The system has efficiency and precision in watering thus reducing wastage. This system requires less water because it operates to provide the optimum amount of water for the crop. Labor is also reduced as irrigation can be done while doing other tasks.

North America Dominates the Precision Irrigation Market

In 2016, North America dominated the precision irrigation market with a market share of more than 30%. The US dominates the market share for precision irrigation in the region. During the forecast period the North America is expected to witness a CAGR of 6.9%. Large scale farmlands, ever existing need to increase productivity of agriculture, and high labor costs will drive the market for precision irrigation in this region. Farmers in this region are highly skilled and are willing to embrace new technologies, therefore high growth rates are expected to be seen in the region.


Reasons to Purchase this Report

  • Identify the dominating and the fastest growing regions in the global precision irrigation market and their growth trends during the forecast period
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • To understand the regions that are expected to witness fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)
Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.

1. Introduction
1.1 Market Definition
1.2 Key Findings of the Study
2. Research Scope & Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Methodology
2.4 Research Phases
3. Market Overview
3.1 Market Dynamics
3.1.1 Drivers Global Focus on Efficient Use of Water Demand for Variety in Crops around the Year Rising Population and Increasing Food Demand Initiatives and Support by Government Organizations Better Yield and Quality Concern for Crops
3.1.2 Restraints High Initial Set-up and Maintenance Cost Lack of Technical Expertise
4. Industry Analysis
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of New Entrants
4.1.4 Threat of Substitute Products and Services
4.1.5 Degree of Competition
5. Market Segmentation
5.1 By Type
5.1.1 Sprinkler Irrigation Traditional Sprinklers Center Pivot Sprinklers Lateral Move/ Linear Sprinklers
5.1.2 Drip Irrigation Surface Drip Irrigation Sub-Surface Drip Irrigation Precision Mobile Drip Irrigation
5.1.3 Boom Irrigation System
5.2 By Applications
5.2.1 Crop-based Application Cereals & Grains Oilseeds Fruits & Vegetables
5.2.2 Non-crop-based Application Turf & Ornamentals Nursery Crops
5.3 By Geographical Regions
5.3.1 North America US Canada Mexico Rest of North America
5.3.2 Europe Spain Turkey Italy Netherlands France Rest of Europe
5.3.3 Asia-Pacific China South Korea India Japan Australia Rest of Asia-Pacific
5.3.4 South America Brazil Argentina Rest of South America
5.3.5 Africa South Africa Rest of Africa
6. Competitive landscape
6.1 Market Share Analysis
6.2 Major Strategies Adopted by Leading Players
6.3 Most Active Companies
7. Companies Profiles#
7.1 Jain Irrigation Systems Ltd
7.2 Lindsay Corporation
7.3 Nelson Irrigation Corporation
7.4 Netafim Ltd
7.5 Rain Bird Corporation
7.6 Reinke Manufacturer
7.7 Rivulis Irrigation Ltd
7.8 The Toro Company
7.9 TL irrigation
7.10 Valmont Industries Inc.
#List Not Exhaustive
8. Future of the Market
9. Appendix
10. Disclaimer

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