The global Precision Irrigation Market will be worth USD 20.99 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing global population and the growing demand for agricultural production. Rising government initiatives such as subsidies and low-interest loans to increase the adoption of modern irrigation systems are expected to drive the demand for the system over the forecast period. 

The report provides detailed insights into Precision Irrigation market size, market trends, industry trends, consumer trends, market forecast, revenue share growth, along with ranging impacts of each driver on market size. It also provides analysis of various factors expected to restrain or limit potential growth in Precision Irrigation market size over the forecast period, 2020–2028. The report includes profiles of major players in the Precision Irrigation market, strategies being employed/deployed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Precision Irrigation market size expansion is significantly supported by contribution from major segments and increasing deployment in a range of applications.While conducting primary research, the researchers observed that the rapid growth of the Precision Irrigation Market through the forecast duration is driven by the niche and emerging opportunities for the producers engaged in the worldwide Precision Irrigation market. The worldwide Precision Irrigation market has been categorized as product, end-user, and major geographic regions.

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.

In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Precision Irrigation market share contribution of these countries. In addition, Precision Irrigation market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Top key vendors in Precision Irrigation Market include are:

• 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.

Emergen Research has segmented the global Precision Irrigation Market on the basis of Type, Application, and region:

• Type Outlook (Revenue, USD Billion; 2017-2027)
  • Sprinkler Irrigation
  • Drip Irrigation
  • Others

• Application Outlook (Revenue, USD Billion; 2017-2027)
  • Agricultural (open field, greenhouses)
  • Non-Agricultural (Golf Courses, Residential, sports ground, Turf & Landscapes, Forestry)

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In terms of Precision Irrigation market share and revenue contribution to the global Precision Irrigation market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Precision Irrigation market share.

The market intelligence report on the Precision Irrigation Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

Region wise performance of the Precision Irrigation industry

In terms of Precision Irrigation market size, North America is expected to remain dominant among the other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting Precision Irrigation market size growth.

Asia Pacific Precision Irrigation market size is expected to remain steady, and register fastest revenue growth rate between 2020 and 2028. Rapid revenue growth rate in countries such as China and India is attributable to rapid growth in Precision Irrigation market size in Asia Pacific, and the trend is expected to continue going ahead.  

Continuous developments in countries in Europe is expected to support growth in regional market size over the forecast period.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

• United States
• Europe
• China
• Japan
• Southeast Asia
• India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/304

The research provides answers to the following key questions:

• What will be the growth rate and the market size of the Precision Irrigation industry for the forecast period 2020-2027?
• What are the major driving forces expected to impact the development of the Precision Irrigation market across different regions?
• Who are the major driving forces expected to decide the fate of the Precision Irrigation industry worldwide?
• Who are the prominent market players making a mark in the Precision Irrigation market with their winning strategies?
• Which Precision Irrigation industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
• What are the key barriers and threats believed to hinder the development of the industry?
• What are the future opportunities in the Precision Irrigation market?

Table of Content

Chapter 1. Methodology & Sources

    1.1. Precision Irrigation Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Precision Irrigation Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Precision Irrigation Market Segmentation & Impact Analysis

    4.1. Precision Irrigation Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Precision Irrigation Market indicators analysis

          4.2.2. Precision Irrigation Market drivers analysis

                    4.2.2.1. Rapid urbanization and industrialization

                    4.2.2.2. Stringent government regulations regarding carbon emissions

                    4.2.2.3. Increasing prevalence of respiratory diseases

                    4.2.2.4. Rising need to enhance indoor air quality

          4.2.3. Precision Irrigation Market restraints analysis

                    4.2.3.1. High cost associated with the maintenance of Precision Irrigation products

                    4.2.3.2. Availability of renewable sources of energy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

    10.1. Precision Irrigation Market Revenue Share By Manufacturers

    10.2. Mergers & Acquisitions

    10.3. Competitor’s Positioning

    10.4. Strategy Benchmarking

    10.5. Vendor Landscape

          10.5.1. Raw Material Suppliers

                    10.5.1.1. North America

                    10.5.1.2. Europe

                    10.5.1.3. Asia Pacific

                    10.5.1.4. Middle East & Africa

                    10.5.1.5. Latin America

          10.5.2. Distributors

                    10.5.2.1. North America

                    10.5.2.2. Europe

                    10.5.2.3. Asia Pacific

                    10.5.2.4. Middle East & Africa

                    10.5.2.5. Latin America

          10.5.3. Others

Continued….

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