Micro Irrigation Systems Market - Global Industry Size, Market Share, Trends, Analysis And Forecast, 2012 - 2018 - MarketResearchReports.Biz
NEW YORK, March 19, 2013 /PRNewswire/ --
New Market Research Report Added in MarketResearchReports.Biz Reports Database Micro Irrigation Systems Market - Global Industry Size, Market Share, Trends, Analysis And Forecast, 2012 - 2018
The problem of water scarcity is rampant globally, creating the urgent need for water conservation. The use of micro irrigation systems is expected to result in increased crop yields in terms of volume and quality. The other important benefits of using micro irrigation systems include expansion in the area under irrigation, water conservation, optimum use of fertilizers and chemicals through water, and decreased labor costs among others.
To Browse Full TOC, Tables & Figures visit: http://www.marketresearchreports.biz/analysis-details/micro-irrigation-systems-market-global-industry-size-market-share-trends-analysis-and-forecast-2012-2018The worldwide population is increasing at a rapid rate and it is imperative that food supply keeps pace with this increasing population. Agriculture industry is adversely affected by a significant decrease in the ground water levels; hence, there is a need to locate efficient ways of supplying water to meet agricultural needs and conserve water for future use. Micro irrigation systems are the best option to achieve this purpose. It can be broadly categorized as sprinkler irrigation and drip irrigation; center pivot irrigation, and lateral move irrigation are the other types of sprinkler irrigation that are currently gaining popularity. Drip irrigation is the most efficient method of irrigation, with efficiencies ranging between 90%-95%. The global micro irrigation systems market is one of the fastest growing segments of agriculture industry. The growth of this market is fueled by the government initiatives for adoption of micro irrigation systems in order to conserve water for future use. The growth of micro irrigation systems is particularly higher in Asia Pacific and Africa due to the increased problems of water scarcity, and farmer awareness towards increasing the crop yield with the help of micro irrigation systems. Out of the total 69 million hectares of cultivated area in India, only 5 million hectares is under drip and sprinkler irrigation. This represents strong potential for the growth of micro irrigation systems in this region. Crop protection expense is the second highest expense after fertilizers in overall farming expenses. These expenses can be considerably reduced with the techniques called fertigation and chemigation that are incorporated with micro irrigation systems. In areas other than scarce water problems, these methods have proved to be winning imperatives for the expansion of micro irrigation systems and are the most efficient and effective way of protecting the crop from biotic and abiotic factors.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts