Global Micro Irrigation system in Orchard Crops Market is Expected to Reach $1338.7 million in 2018 - A Report by MicroMarket Monitor
(PRWEB) January 07, 2015 -- The Micro Irrigation System in Orchard Crops market report defines and segments the market with analysis and forecast of revenue. The micro irrigation system in orchard crops market is estimated to grow from around $589.4 million in 2013 to $1338.7 million by 2018, at a CAGR of 17.8% between 2013 and 2018.
Browse through the TOC of Global Micro Irrigation system in Orchard Crops Market for an analysis of industry trends, segments & forecasts.
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Farms where fruit trees are grown are called as orchards. Orchard crops comprises of fruit and nut trees grown for commercial production. Orchard crops require large quantities of water for proper growth. Excessive irrigation causes yield degradation. Hence, micro irrigation systems are primarily preferred for orchard crops. These crops are cultivated in massive quantities across the world, which is leading to increased demand for micro irrigation systems.
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Orchards are present in various layouts such as square, triangular, hexagonal, and in contour farms, and they can be irrigated effectively with micro irrigation systems. High-value fruit crops are generally grown in orchards where low pressure, low volume irrigation systems are used and hence, micro irrigation systems are considered to be suitable for them. With micro irrigation systems, water can be provided in accurate quantities, at regular intervals, during different stages of growth.
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The most dominating region in micro irrigation system markets for orchard crops is North America with around 45.0% share in 2013 and is estimated to grow with a CAGR of 16.6% till 2018.
The global micro irrigation system in orchard crops market is estimated to register a CAGR of 17.8 % during 2013-2018. The fastest growing market is Asia Pacific, which is estimated to register a CAGR of 22.5% during the forecast period.
Related Reports:
Europe Micro Irrigation system
The market for micro irrigation systems in Europe can be segmented by company, macroindicator, and end-user. The macroindicator that has a huge impact on this market is total irrigated land. The end-use applications include orchard crops, plantation crops, and so on.
The major companies in this market include Access Irrigation Ltd., Antelco Pty. Ltd., Driptech, Inc., Elgo Irrigation Ltd., Ewing Irrigation Products Inc., Hunter Industries, Inc., Life Irrigation, Nelson Irrigation Corporation, Netafim Limited, Olson Irrigation Systems, Orbit Irrigation products, Inc., and so on.
http://www.micromarketmonitor.com/market/europe-micro-irrigation-system-7653102081.html
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