NEW YORK, Dec. 29, 2015 /PRNewswire/ -- The drip irrigation systems market has been segmented on the basis of components into emitter, pressure gauge, drip tube, valves, filters and others. On the basis of crop type, drip irrigation systems can be used for fields, vegetables, orchards, vineyards and other crops. The drip irrigation systems can be applied for various purposes such as agriculture, landscapes, greenhouse and others. This market is influenced by government and private bodies, investors, venture capitalists and funding bodies, Regulatory bodies and technological innovators.
The total market for drip irrigation system has been given a detail analysis using the top-down approach. The top-down analysis gives a brief snapshot of the drip irrigation industry in the global market and to estimate the market size and analyze the market share of the companies involved in the drip irrigation systems market including the revenues generated by these companies.
The impact of different market factors, such as drivers, inhibitors, and opportunities is also illustrated in the report.
Both "bottom-up" and "top-down" approaches were used to arrive at the market sizes and obtain the market forecast. Extensive secondary research was conducted to understand the market insights and trends, which was further validated through primary interviews.
The key companies of drip irrigation systems market are Netafim Limited (Israel), Jain Irrigation Limited (India), The Toro company (U.S.), and Lindsay Corporation (U.S) among others, are focusing on expansion of market share. In order to consolidate their position in drip irrigation systems market, these companies are adopting numerous marketing strategies including innovative product development, partnerships, mergers and acquisitions, and expansion of existing facilities. Other than these companies, the dominance of local players also exists in this market.
The key market players in the market include Netafim Limited (Israel), Jain Irrigation System Limited (India), Lindsay Corporation (U.S.), The Toro Company (U.S) and Eurodrip S.A (Greece). These companies have adopted new product development, expansion and acquisitions as their market strategies to maintain their position in the market.
The drip irrigation systems market is continuously growing. In 2014 the orchard crops segment had the highest market share accounting for 30.8%. in the applications segment, agriculture irrigation had the highest market share with a value of 56.2% in 2014.
With the given market data, MarketsandMarkets offers customizations according to the company's specific needs. The following customization options are available for the report:
- Product Matrix, which gives a detailed comparison of product portfolio of each company
- Detailed analysis and profiling of additional market players (up to five).
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