Global Water Supply & Irrigation Systems Market to Exceed $37 Billion by 2015, According to New Report by Global Industry Analysts

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GIA announces the release of a comprehensive global report on Water Supply & Irrigation Systems market. The global water supply & irrigation systems market is projected to surpass $37 billion by the year 2015, led by the growing demand for efficient, eco-friendly water supply for drinking and irrigational purposes.

Water Supply & Irrigation Systems: A Global Strategic Business Report

Water supply systems are developed and maintained to ensure security of water supply. Continuous rise in global population, increasing income levels (particularly in emerging countries) and the urbanization trend are expected to enhance demand for water supply. In addition, intensifying industrial activity contributes to the rise in water demand. However, water supply continues to be plagued by environment-related issues such as global warming with its imminent impact on the status on inland glaciers. Majority of the water supply and sewer systems operational across the world are characterized by aging infrastructure, and hence require enormous investments for repair and upgradation, specifically in the developed countries.

The United States, Europe and Asia-Pacific account for more than 70% share of the revenues generated in the global water supply & irrigation systems market, as stated by the new market research report on Water Supply & Irrigation Systems. Growing awareness about the environmental impact of agriculture (including resource degradation resulting from poor utilization of water) is driving the adoption of efficient irrigation and water supply systems across the world. Asia-Pacific represents the fastest growing market for water supply & irrigation systems, with the Chinese market anticipated to generate revenues of US$1.6 billion by the year 2012.

The demand for advanced irrigation systems and equipment from the agriculture sector is on rise, particularly for systems that are capable of ensuring efficient water usage. The highly inefficient characteristic of sprinkler equipment or ditches system currently in use contributes to the demand for alternative irrigation technologies such as the micro irrigation system. However, the pace of adoption of such technologies is largely dependent on the extent of funding or investments, price to be paid by farmers, and the extent of control exercised by authorities on illegal extraction of water.

Leading players profiled in the report include Aguas de Barcelona SA, American Water Works Company Inc., Aqua America Inc., Artesian Resources Corporation, Connecticut Water Company, Deere & Company, Jain Irrigation Systems Limited, Middlesex Water Company, NaanDanJain Irrigation Systems, Netafim, SJW Corp., Suez Environnement, Thames Water, The Toro Company, Veolia Environnement, and York Water Company.

The report titled "Water Supply & Irrigation Systems: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a review of market trends, product introductions/innovations, and recent industry activity. The study analyzes market data and analytics for regions including The United States, Canada, Japan, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The study analyzes market data and analytics in terms of annual revenues.

For more details about this comprehensive market research report, please visit -
http://www.strategyr.com/Water_Supply_and_Irrigation_Systems_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

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