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Friday, September 2, 2022

Lucintel Forecasts Micro-Irrigation System Market to Grow at a CAGR of 18% from 2019 to 2024

According to the recent study the Micro-Irrigation System Market is projected to grow at a CAGR of 18% from 2019 to 2024. Growth in this market is primarily driven by efficient usage of water resources in drought conditions, low-cost irrigation technique, higher yield requirement from limited area, and rapid growth in greenhouse vegetable production.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in micro-irrigation system market by system type (microsprinkler and drip), application (orchard crops and vineyards, field crops, plantation crops, and others), user type (farmers, industrial users, and others), and region (North America, Europe, Asia Pacific, and RoW).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/microirrigation-system-market.aspx

“Drip irrigation market is expected to remain the largest segment during the forecast period.”

Based on system type, the micro-irrigation system market is segmented into microsprinkler and drip. Lucintel forecasts that the drip irrigation market is expected to remain the largest segment.

“Within the micro-irrigation system market, the orchard crops segment is expected to remain the largest application.”

Based on application the orchard crops segment is expected to witness the highest growth over the forecast period.

“Asia pacific will dominate the micro-irrigation system market in near future.”

Asia-Pacific will remain the largest market over the forecast period as the focus of agriculture in that region has shifted from traditional crops to more commercial crops.

Download Brochure of this report by clicking on https://www.lucintel.com/microirrigation-system-market.aspx.

Major players of micro-irrigation system market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. The Toro Company, Jain Irrigation, Rain Bird Corporation, Netafim, Valmont Industries, Hunter Industries, and Lindsay Corporation are among the major micro-irrigation system providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
https://www.lucintel.com/microirrigation-system-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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