Sprinkler Systems Market 2019-2025
New Market Study, Report “Sprinkler Systems Market 2019 Global Industry Demand, Opportunities, Growth Drivers, Challenges, Strategies and Forecasts 2025” Has been Added on WiseGuyReports.com.
This report provides in depth study of “Sprinkler Systems Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Sprinkler Systems Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
With a view to deal with the increasing water stress throughout the world, Sprinkler Systems are used. These systems work great when it comes to effective water management. Low labor cost, along with the high return on investment, is propelling the adoption of such systems in the agricultural industry. On the other side, the growing water scarcity is the primary factor which is propelling the market. The experts have predicted that during the forecast period, the market will grow at around 7 percent of the compound annual growth rate.
It has been observed that rapid demographic changes across the globe due to urbanization and industrialization have substantially degraded natural resources. It has created a lot of issues across the world, one of such issues if water scarcity. The water has become an expensive resource. To save it, governments of different countries are now employing different rules regarding water consumption. So, for this, there is a great demand for Sprinkler Systems in the market, and that, in turn, is expected to trigger the global market for this system.
One of the primary trends in the market that is gaining traction as well as driving the market toward growth is the emergence of robotic sprinkles. Different key manufacturers have come up with advanced robotic sprinklers, which are now replacing the traditional sprinklers. For example, there are some robotic sprinklers that will water in the area where there is a plant. Such sprinklers also can be controlled through an app on smartphones. The rising demand for such sprinklers will significantly propel market growth in the coming years.
When it comes about the Important key players of the industry, the names like Jain Irrigation, Netafim, The TORO company, Nelson Irrigation, STHIL etc. do appear at the First.
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Market Segmentation Analysis
The worldwide market for Sprinkler Systems is segmented on the basis of type, application, and geography. Based on the type, it is split into Flow Meters, Valves, Sensors, Controllers, and others. The experts have predicted that the controller segment witnessed the most significant market share in 2018 and will dominate the market by growing at around 19 percent of CAGR. Such devices are now getting popular among the users with the increasing concerns about the scarcity of water. The rising awareness about the benefits of such a system is also helping in market growth. Considering the application, it is divided into industrial, commercial, and residential. The commercial sector is projected to enjoy maximum growth.
Geographical Market Overview
Regionally, the global Sprinkler Systems market is segmented into the Middle East and Africa, Latin America, Europe, North America, and the Asia Pacific. Furthermore, based on countries, the market is split into Korea, Brazil, Southeast Asia, Japan, Egypt, Russia, India, the United States, the UK, South Africa, Mexico, Thailand, Indonesia, GCC Countries, China, New Zealand, and others. The report suggests that the North America region will dominate the market. In fact, in 2017, this market had covered around 40 percent of the total market share. In this region, the most significant market contributor is the United States of America. The second-largest regional market is the Asia Pacific’s regional market.
Latest Market Updates
Recently, Netafim announced that it is working on some new types of sprinkler technologies that will be integrated into the company’s upcoming Sprinkler Systems.
In March 2019, Netafim informed that it would implement four community irrigation projects, which will cover around 100 villages in India and will help round 60000 farmers in the rural areas.
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Major Key Points from Table of Content:
1 Industry Overview of Sprinkler Systems
2 Manufacturing Cost Structure Analysis
3 Development and Manufacturing Plants Analysis of Sprinkler Systems
4 Key Figures of Major Manufacturers
8 Sprinkler Systems Major Manufacturers Analysis
8.1 Jain Irrigation
8.1.1 Jain Irrigation Sprinkler Systems Production Sites and Area Served
8.1.2 Jain Irrigation Product Introduction, Application and Specification
8.1.3 Jain Irrigation Sprinkler Systems Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
8.1.4 Main Business and Markets Served
8.2.1 Netafim Sprinkler Systems Production Sites and Area Served
8.2.2 Netafim Product Introduction, Application and Specification
8.2.3 Netafim Sprinkler Systems Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
8.2.4 Main Business and Markets Served
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