Asia-Pacific Micro Irrigation Systems Market Report 2019-2027: Augmented Demand from Emerging Economies & Focus on Minimal Wastage of Freshwater - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 23, 2019--
The “Asia-Pacific Micro Irrigation Systems Market 2019-2027” report has been added to ResearchAndMarkets.com’s offering.
Research conducted shows the micro irrigation systems market in the Asia-Pacific to fast progress at a CAGR of 19.19% in the forecast period 2019 to 2027.
China, Japan, India, South Korea, Australia & New Zealand, ASEAN countries and countries in rest of APAC together form the Asia-Pacific market for micro irrigation systems.
Agriculture has played a crucial role in the growth of Japan’s economy since the longest time, with rice production contributing significantly to its growth. Post-World War II, Japan became one of the world’s largest economies, and its growth was bolstered owing to the country’s enhanced focus on manufacturing, technology and exports.
Japan’s agricultural industry has been at the forefront, considering the adoption of various advanced solutions for effective farming. Incorporating micro irrigation practices has helped farmers in the country to raise the quantity of agricultural produce. Several manufacturers are developing faster and cheaper micro irrigation systems to push the growth of the Japanese market for micro irrigation systems. Historically, there has been extensive rice cultivation and paddy field irrigation in South Korea.
Policies by the government for the development of agricultural infrastructure and largescale projects for agricultural land & water development, coupled with the rapid economic growth, have helped establish modernized irrigation systems across the nation. The International Commission on Irrigation and Drainage (ICID), in October 2017, registered two of South Korea’s reservoirs (Hapdeok Reservoir and the Manseokgeo Reservoir) as world heritage structures for irrigation.
Irrigation & Water Technologies (IWT), Chinadrip Irrigation Equipment Co., Ltd., Rivulis Irrigation, Driptech (part of Jain Irrigation), Irritrol Systems (brand of The Toro Company), Elgo Irrigation Ltd., Hunter Industries, Inc., The Toro Company and EPC Industri Ltd. (Mahindra Group Company) are the companies having a strong foothold in the micro irrigation systems market.
Key Topics Covered:
1. Asia-Pacific Micro Irrigation Systems Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Features Of Micro Irrigation Are Increasing Its Preference Among The Farmers
2.2.2. Automated Micro Irrigation Systems - Key Trend
2.2.3. Micro Irrigation System - New Alternative For Wastewater Utilization
2.3. Porter’S Five Forces Analysis
2.3.1. Bargaining Power Of Buyers
2.3.2. Bargaining Power Of Suppliers
2.3.3. Threat Of Substitute
2.3.4. Threat Of New Entrants
2.3.5. Threat Of Competitive Rivalry
2.4. Key Impact Analysis
2.4.2. Brand Value
2.4.4. User-Friendly And Durable Products
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Industry Components
2.7.3. Distributors And Retailers
2.8. Market Drivers
2.8.1. Rising Problem Of Water Scarcity Is Increasing The Scope Of Micro Irrigation
2.8.2. Declining Per Capita Arable Land & Rising Populace
2.8.3. Favorable Policies By Governments Across The World
2.8.4. Demand From Nursery And Commercial Gardens
2.9. Market Restraints
2.9.1. Prohibitive Cost Of Micro Irrigation Systems
2.9.2. Over Irrigation & Clogging Issues
2.10. Market Opportunities
2.10.1. Augmented Demand From Emerging Economies
2.10.2. Focusing On Minimal Wastage Of Freshwater - Major Opportunity
2.11. Market Challenges
2.11.1. Difficulties In Maintenance Of Micro Irrigation Systems
2.11.2. Lack Of Interest In Adopting New Technology By Farmers
3. Asia-Pacific Micro Irrigation Systems Market Outlook - By Type
4. Asia-Pacific Micro Irrigation Systems Market Outlook - By Crop Type
4.1. Orchard Crops
4.2. Field Crops
4.3. Plantation Crops
4.4. Forage & Grasses
5. Asia-Pacific Micro Irrigation Systems Market - Regional Outlook
5.4. South Korea
5.5. ASEAN Countries
5.6. Australia & New Zealand
5.7. Rest Of Asia-Pacific
6. Competitive Landscape
6.1. Antelco Pty Ltd.
6.2. Chinadrip Irrigation Equipment Co., Ltd.
6.3. Elgo Irrigation Ltd.
6.4. Driptech (Part Of Jain Irrigation)
6.5. EPC Industri Ltd. (Mahindra Group Company)
6.6. Hunter Industries, Inc.
6.7. Irrigation & Water Technologies (IWT Company)
6.9. Jain Irrigation Systems Limited (JISL)
6.10. Lindsay Corporation
6.11. Nelson Irrigation Corporation
6.13. Rain Bird Corporation
6.14. Rivulis Irrigation
6.15. T-L Irrigation
6.16. The Toro Company
6.17. Valmont Industries
6.18. Deere & Company
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INDUSTRY KEYWORD: AGRICULTURE NATURAL RESOURCES
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 12/23/2019 05:37 AM/DISC: 12/23/2019 05:37 AM