Drip Irrigation Systems Market Rising at a CAGR of 18.30% Between 2014 and 2020

According to TMR’s report, the Middle East and North Africa drip irrigation systems market stood at US$98.3 mn in 2013 and is rising at a CAGR of 18.30% between 2014 and 2020. By the end of the forecast period, the market is estimated to reach a value of US$317.4 mn.

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Albany, NY -- (SBWire) -- 06/19/2018 --Regionally, Middle East dominated the MENA drip irrigation market in 2013, with a share of over 70% in the market, and is expected to continue leading the market, on account of a faster penetration rate and substantial share of market revenue.

Drip irrigation systems are designed for minimum wastage of water by applying water near the roots of plants. Considering the issue of water scarcity across the globe, the usage of drip irrigation systems is recommendable for various applications. Drip irrigation systems are expected to witness high demand in the Middle East and North Africa (MENA) regions during the forecast period. This is largely due to the rising need for efficient water management in these highly arid regions. Drip irrigation systems offer better water efficiency and minimal human intervention for water application purposes. Thus, the higher water use efficiency of drip irrigation systems is the most significant driver for these systems in MENA. The demand for drip irrigation systems is also driven by the increasing greenhouse production of vegetables, fruit and other crops in the region. Greenhouse production is popular in countries such as Morocco, Egypt, Qatar and others. Furthermore, governments of countries such as Algeria, Morocco and Qatar lay emphasis on increasing the productivity of agriculture by promoting efficient agricultural techniques. Thus, growing encouragement of national governments in the region is another substantial driver for the adoption of drip irrigation systems in MENA region.

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The market for drip irrigation systems in MENA is segmented on the basis of components, applications, and geographic regions. On the basis of components, the market for drip irrigation systems is segmented into emitters, tubing, backflow preventers, pressure regulators, valves, and filters. Major applications of drip irrigation systems are agriculture, gardens (public and residential), and others. The others segment comprises nurseries and greenhouses. On the basis of geography, the market for drip irrigation systems in MENA region is segmented into the Middle East and North Africa regions.

This report studies the current as well as future market potential for drip irrigation systems across the Middle East and North Africa. The market for drip irrigation systems has been extensively analyzed on the basis of factors such as the components used in the drip irrigation systems, applications, and geographic regions. The market size and forecast in terms of revenue (US$ Mn) for each of these segments has been provided for the period from 2014 to 2020, considering 2012 and 2013 as the base years. The report also provides compounded annual growth rate (CAGR) for each segment of the market for the forecast period from 2014 to 2020.

Geographically, the market for drip irrigation systems has been segmented into two regions: the Middle East and North Africa. The Middle East drip irrigation systems market comprises Saudi Arabia, United Arab Emirates (UAE), Qatar, Kuwait, Israel, Turkey, Iran, and Rest of the Middle East (RoME). The market for drip irrigation in North Africa consists of Algeria, Morocco, Egypt, Sudan, and others. The market size and forecast for each region has been provided for the period from 2012 to 2020 including the CAGR (%) for the forecast period from 2014 to 2020. The study also includes qualitative analysis of the competitive scenario in these regions. The overview section of the report comprises qualitative analysis of the overall market, highlighting the factors determining market dynamics such as drivers, restraints, and opportunities along with a distribution channel analysis.

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The report also provides a section on competitive landscape, wherein the market positioning analysis of leading players in the Middle East and North Africa drip irrigation systems market, in 2013, has been discussed. The report concludes with the profiles of major players in the Middle East and North Africa drip irrigation systems market such as Netafim Ltd., Jain Irrigation Systems Ltd., Hunter Industries, Inc., The Toro Company, Rain Bird Corporation, Elgo Irrigation Ltd. and Eurodrip SA.

Drip Irrigation Systems Market Segmentation:

Drip Irrigation Systems Market, by Component Type
Drip Emitters
Round Drip Emitters
Pressure Compensating Drip Emitters
Non-pressure Compensating Drip Emitters
Flat Drip Emitters
Tubing
Round Tubing
Flat Tubing
Plain Tubing
Backflow Preventers
Valves
Filters
Pressure Regulators
Fittings

Drip Irrigation Systems Market, by Applications
Agriculture
Gardens (Public and Residential)
Others (Greenhouses and Nurseries)

Drip Irrigation Systems Market, by Region
Middle East
United Arab Emirates (UAE)
Saudi Arabia
Qatar
Kuwait
Israel
Turkey
Iran
Rest of the Middle East (RoME)
North Africa
Algeria
Egypt
Morocco
Sudan
Rest of North Africa (RoNA)

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