Drip Irrigation Systems Market - Middle East and North Africa Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020
Albany, NY -- (SBWIRE) -- 08/05/2015 -- Drip irrigation systems have emerged as the most recommended methods for numerous applications such as irrigation and gardening, given that they are designed for minimum wastage of water. The highly arid regions of the Middle East and North Africa (MENA) have, over the recent past, witnessed rapid adoption of drip irrigation systems thanks to growing encouragement from national governments.
Transparency Market Research, a market intelligence firm based in the U.S., studies the functioning of the drip irrigation systems market in the Middle East and North Africa and identifies the key factors that drive and restrict the overall market. In 2013, the value of the drip irrigation systems market in the MENA region was estimated to be US$98.27 million and this is projected to grow to US$317.42 million by 2020, developing at a healthy CAGR of 18.3% during that period.
Browse Market Research Report of Drip Irrigation Systems Market:
Here's a look at the significant forces fueling the drip irrigation systems market.
Optimum Usage of Water most Prominent Feature of Drip Irrigation Systems
Even though the Earth essentially has more water than land, the limited supply of clean and usable water is still a challenge.
North Africa and the Middle East are no strangers to water scarcity. Growing food demand in these two regions resulted in the need to step up food and agricultural production. But water being a scarce source, the need for micro-irrigation systems such as drip irrigation methods arises for efficient water management. Drip irrigation systems use less water, increase crop yield, and reduce weed growth by providing optimal amounts of water to the roots of the plants.
This method has successfully helped in addressing the problem of water shortage in the agricultural industries of North Africa and the Middle East, thereby driving the market.
Drip Irrigation Systems: Need to Increase Agricultural Yield Drives Demand
Even though drip irrigation is used for various applications, agriculture is the most demanding one. The TMR report indicates that this segment is estimated to develop at a strong CAGR of 18.9% from 2014 to 2020.
Browse Market Research Press Release of Drip Irrigation Systems Market:
The Global Food Security Index this year ranked 109 countries on the basis of food availability, affordability, safety, and quality. Of the 32 countries in Africa that featured on the list, most ranked at the bottom, suggesting Africa needed to improve food security and production across its 54 countries.
Studies have shown that agriculture in Africa is on the decline and has gone from being a food exporter in early 1960s to an importer in the 2000s. A key method, reports suggest, for the continent to improve its food production and agricultural yield is improved technology and agricultural inputs such as drip irrigation. Since absence of adequate water resources is a major challenge in Africa, irrigation is not always an option in many areas. Drip irrigation, in such cases, serves as the ideal solution, keeping water wastage to a minimum.
Drip irrigation systems offer a number of advantages over other irrigation systems and as a result, this market is expected to witness substantial growth over the next five years.
Get Free Sample Report Copy at -
About Transparency Market Research
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Mr. Atil Chaudhari
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453