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City of Industry, CA -- (SBWIRE) -- 08/08/2018 -- This report researches the worldwide Sprinkler Systems market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Sprinkler Systems breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Sprinkler systems are widely used with a view to combat increasing water stress across the globe, by efficient water management. The high returns on investment obtained by the producers, coupled with the low labor force associated with these systems increases its adoption in the agricultural sector.
The rising scarcity of water is the primary driver for the growth of the market. Demographic changes due to industrialization and rapid urbanization have resulted in unsustainable economic practices and degradation of natural resources. These factors have led to many problems across the globe, one of them being the shortage of water. The growing need for water coupled with significant water management issues is making water an expensive resource, forcing governments in various regions to put regulations on consumption of water.
North America dominated the global sprinkler systems market and accounted for a market share of over 43%, with the US being one of the largest contributors in this region. The landscaping of yards and outdoor spaces to provide aesthetic appeal to commercial and residential spaces for official as well as recreational activities has gained considerable momentum in the US. This will further drive the sprinkler system market in North America.
In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Sprinkler Systems.
This report focuses on the top manufacturers' Sprinkler Systems capacity, production, value, price and market share of Sprinkler Systems in global market. The following manufacturers are covered in this report:
The TORO company
Sprinkler Systems Breakdown Data by Type
Sprinkler Systems Breakdown Data by Application
Sprinkler Systems Production Breakdown Data by Region
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