Europe Drip Irrigation Market to Register High Growth During Forecast Period
by TechSci Research Market Research ReportsGrowing need for agricultural
efficiency is expected to drive the growth of Europe drip irrigation market
According
to TechSci Research report, “Europe Drip Irrigation
Market By Component (Emitters/Drippers, Pressure Pumps, Drip Tubes/Drip Lines,
Valves, Filters, Fittings & Accessories, Others), By Crop Type (Cereals
& Grains, Pulses & Oilseeds, Fruits & Vegetables, Olericulture,
Others), By Emitter Type (Inline v/s Online), By Application (Surface v/s
Subsurface), By End Use (Agricultural v/s Non-Agricultural), By Country,
Competition, Forecast & Opportunities, 2025”,
Europe drip irrigation market is expected to witness a high growth during the
forecast period. Government programs and subsidies driving the acceptance of
drip irrigation systems, is
one of the major factors accounting for the growth of Europe
drip irrigation market. Moreover, high promotion of water conservation
activities is expected to bode well for the growth of Europe drip irrigation
market through the forecast period. In addition to this, population growth is expected
to positively influence the growth of Europe drip irrigation market in the
years to come. Also, limited land resources coupled with unpredictable rainfall
patterns are further making headway for the growth of Europe drip irrigation
market over the coming years. However, there are some factors that might act as
major impediments to the growth of Europe drip irrigation market through 2025 including
high initial investment associated with installing a drip irrigation system.
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Europe
drip irrigation market can be segmented based on component,
crop type, emitter type, application, end use, company, and
region. Based on emitter type, the market can be categorized into inline v/s
online. Out of these, the inline segment accounted for the highest market share
until 2019 and is expected to remain dominant throughout the forecast period as
well, which can be attributed to the ease of installation and higher levels of
efficiency. Also, the inline emitters are prepared from superior-quality linear
low-density polyethylene material. Therefore, these emitters assist in
providing maximum resistance against clogging and are suitable for surface
irrigation and subsurface irrigation. This is anticipated to boost the
segmental growth over the coming years. Based on application, the market can be
categorized into surface v/s subsurface. Out of these, the surface drip
irrigation segment dominated the market until 2019 and is expected to maintain
its dominance during the forecast period as well as these surface drip
irrigation equipment is extensively used to irrigate perennial crops, vegetable
crops and annual row crops. Surface equipment utilizes water, which is applied
over the soil by drip tubes or laterals.
The Toro Company, Netafim Limited, Rain
Bird Corporation, Jain Irrigation Systems Ltd., Lindsay Corporation, Chinadrip
Irrigation Equipment Co. Ltd., Elgo Irrigation Ltd., Shanghai Huawei Water
Saving Irrigation Corp., Antelco Pty Ltd., EPC Industries (Mahindra &
Mahindra Ltd.), T-L Irrigation Company, Metzer Group Drip Irrigation Systems,
Grupo Chamartin S.A., Dripworks Inc., Sistema Azud S.A., are
among others are the leading players operating in Europe drip irrigation
market. The players are adopting several growth strategies to enhance the
market scenario of drip irrigation. Other competitive strategies include new
technological developments; mergers & acquisitions; agreements,
partnerships, and collaborations; and expansions to diverse their product
portfolio in order to strengthen their market position.
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“Europe drip irrigation market is forecast to register high growth until
2025 on account of increased demand for biofuel. Furthermore, strong potential
for precision irrigation systems through the technological upgrade of current
systems and components is further anticipated to boost the market growth for
drip irrigation over the coming years. Along with this, rapid growth in green
house vegetable production is expected to contribute to the growing trend in
the coming years.”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Europe Drip Irrigation Market By Component
(Emitters/Drippers, Pressure Pumps, Drip Tubes/Drip Lines, Valves, Filters,
Fittings & Accessories, Others), By Crop Type (Cereals & Grains, Pulses
& Oilseeds, Fruits & Vegetables, Olericulture, Others), By Emitter Type
(Inline v/s Online), By Application (Surface v/s Subsurface), By End Use
(Agricultural v/s Non-Agricultural), By Country, Competition, Forecast &
Opportunities, 2025” has
evaluated the future growth potential of Europe drip irrigation market and
provides statistics & information on market size, structure and market
growth future. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in Europe drip irrigation market.
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Created on Jul 24th 2020 10:15. Viewed 318 times.