The Micro Irrigation System in Agriculture Irrigation Market is Anticipated to Reach $2,587.6 million by 2018, at a CAGR of 18.0% from 2013 to 2018
The micro irrigation system in agriculture irrigation market defines and segments the market in with analysis and forecast of revenue. This market is estimated to grow from $1,133.2 million in 2013 to $2,587.6 million by 2018, at a CAGR of 18.0%, for the given period. Browse through the TOC of the micro irrigation system in agriculture irrigation market report, to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the micro irrigation systems for agriculture irrigation application, and is supported by various tables and figures. http://www.micromarketmonitor.com/applications/micro-irrigation-system-in-agriculture-irrigation8886437010.html Micro irrigation systems are mainly utilized for agriculture in order to ensure proper water dispersal in order to maintain soil quality. The micro irrigation systems for agriculture irrigation application are projected to become the dominant revenue generator for manufacturers in future. The trends of utilizing highly sophisticated methods to reduce resource costs have led to the adoption of micro irrigation techniques for agriculture. The growth in agriculture, with rise in cultivation and plantations, has caused massive demand for micro irrigation systems, as they reduce overall investment in resources. The agriculture irrigation application of micro irrigation system covers around 52.2% of the total micro irrigated area for the year 2013 and is anticipated to grow at a CAGR of 16.0%, for the period 2013-2018. Asia-Pacific is the market leader of micro irrigation in agriculture irrigation application with a market share of around 33.0%, as of 2013. It is also the fastest growing market, accounting growth of 21.2%, for the period 2013-2018. This market is segmented and forecast on the basis of geographies such as the North America, Europe, Asia-pacific, and ROW. The market has further been bifurcated and forecasted to country level in all major regions. This report includes the market share, value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market which provide micro irrigation products and services.
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