(Food-Beverage-News.Com, May 23, 2017 ) As per the syndicated report published by Market Data Forecast Europe Drip Irrigation Systems Market which is estimated to be USD 550.02 million in 2016 is poised to reach USD 912.6 million by 2021, at a CAGR of 10.4 % from 2016 to 2021.
It can attributed to the factors such as Increasing demand for the agricultural products due to growing population, reducing water wastage, advancement in technology in irrigation facilities, government subsidies in various countries.However certain challenges like High investment cost and lack of proper awareness.
To give a brief idea Drip irrigation are high water productivity irrigation system used to apply water close to the roots of plants. The water is mostly spread over the field by utilizing parallel tubing and connected drippers introduced on the tubing at equivalent intervals.
Europe Drip Irrigation Systems Market is segmented based on type, application and components as mentioned below for attaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe).
Major players dominating the market are Netafim Limited, Jain Irrigation System Limited, Lindsay Corporation, The Toro Company, Eurodrip S.A, EPC Industries Limited, Rain Bird Corporation, Rivulus Irrigation, and Driptech Incorporated.
The Drip Irrigation Systems market study offers the following deliverables: •Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
•Meticulously identifying the key areas of market growth by providingmarket size forecasts and y-o-y estimations at a Segment-level analysis
•Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
•Study of macro and micro environmental factors thataffect the European market presented in the form ofPESTLE and Porter’s Five Forces Analyses
•Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
•Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
•Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast: The publisher of this report Market Data Forecast is well known for the services they render in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering Europe among other regions of the global market as well, that too with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
