Precision Irrigation Market Growth, Drivers, Demand, Merger, Acquisition, SWOT Analysis by 2027

The Global Precision Irrigation Market Report, published by Emergen Research, offers a complete assessment of the major segments of the global Precision Irrigation market, estimating the market growth rate over the forecast timeline. The latest research report can be viewed as a valuable source of data and information about this particular business sphere.

The rising growth of greenhouse vegetable production is expected to drive the growth of the market over the forecast period. The scarcity of water in several countries is hampering the production of greenhouse vegetation, which is the main reason behind the increasing adoption of precision irrigation by farmers. Utilization of precision irrigation results in the minimization of fertilizers uses and enhance crop productivity. Farmers are increasingly adopting drip and sprinkler irrigation in order to increase the productivity of greenhouse vegetation.

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Key Highlights From The Report

· In February 2019, Israel based irrigation solutions supplier Rivulis opened a manufacturing plant in Guanajuato, Central Mexico. The company announced that it is expanding its global footprint with the establishment of the new manufacturing plant. The new plant is set to become the largest manufacturing site for drip irrigation in the Americas.

· The drip irrigation segment held the largest market share of 48.8% in 2019 as it helps in the conservation of water and prevents the nutrient loss of the plants.

· The agricultural segment is forecasted to grow with the fastest CAGR of 13.2% over the forecast period as the open fields and greenhouses increasingly adopt the precision irrigation system in order to increase crop productivity.

· The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the increasing government initiatives to adopt modern agricultural techniques. Moreover, in 2020, Asia Pacific was the largest consumer of drip irrigation.

· Key participants include The Toro Company, Rain Bird Corporation, Netafim Ltd., Jain Irrigation Systems Ltd., Lindsay Corporation, Rivulis Irrigation Ltd., Valmont Industries Inc., Elgo Irrigation Ltd., Chinadrip Irrigation Equipment Co. Ltd., and Nelson Irrigation Corporation, among others.

Geographical Terrain of the Precision Irrigation Market:

· North America (the U.S., Canada, and Mexico)

· Europe (the U.K, Germany, France, Russia, and Italy)

· Asia Pacific (China, Japan, Korea, India, and Southeast Asia)

· Latin America (Brazil, Argentina, Colombia, etc.)

· Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Global Precision Irrigation Market Report – Table of Contents:

1. Report Overview

1.1 Research Scope

1.2 Key Precision Irrigation market segments

1.3 Target players

1.4 Market analysis by type

1.5 Market analysis by application

1.6 Key learning objectives

1.7 Report timeline

2. Global Growth Trends

2.1 Global Precision Irrigation market size

2.2 Latest trends of the Precision Irrigation market by region

2.3 Key corporate trends

3. Global Precision Irrigation Market share by key players

3.1 Global Precision Irrigation Market size by manufacturers

3.2 Global Precision Irrigation Market key players

3.3 Products/solutions/services of major players

3.4 New entrants in the Precision Irrigation market

3.5 Mergers, acquisitions, joint ventures, and expansion plans

4. Global Precision Irrigation Market by product type

4.1 Global Precision Irrigation Sales by Product

4.2 Global Precision Irrigation by Product Revenue

Key highlights of the report:

· The latest report performs an in-depth study of the potential opportunities and risks associated with the global Precision Irrigation market, alongside studying the recent innovations and major events.

· The report underlines the niche segments/regions that exhibit potential growth over the forecast timeframe.

· The report analyzes numerous business expansion strategies adopted by the contending companies in this market.

· A detailed synopsis of the market includes the rapidly changing market dynamics and accurate prediction of the current, historical, and forecast market sizes in terms of volume and value.

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