In
2013, the Middle East and Africa drip irrigation systems market was
valued at US$98.27 mn. According to a research report released by
Transparency Market Research, the market is growing at a CAGR of
18.30% from 2013 to 2020 and will be valued at US$317.42 mn by the
end of 2020. The report, titled “Drip Irrigation Systems Market -
Middle East and North Africa Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 - 2020”, provides key results for the MENA
market through active analysis of historical statistics combined with
current market trends.
Browse
the full Drip Irrigation Systems Market (Components - Drippers,
Tubing, Backflow Preventers, Valves, Filters, Pressure Regulators and
Fittings) - Middle East and North Africa Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 - 2020 report at
http://www.transparencymarketresearch.com/drip-irrigation-systems-market.html
The
report states that the Middle East will hold a greater share of the
MENA drip irrigation systems market in comparison to North Africa,
citing reasons of high market penetration in Iran, Israel, and
Turkey. The Middle East region is growing at a CAGR of 18.30% from
2014 to 2020.On the other hand, North Africa is growing at a faster
CAGR of 18.5% from 2014 to 2020. The report explains that this faster
growth rate is owed to the booming growth of the agriculture industry
in North Africa. Despite North Africa’s superior growth rate, the
Middle East will continue to retain its dominant position during the
report’s forecast period.
According
to the report, the MENA drip irrigation systems market is segmented
into the application sectors of agriculture, public and residential
gardens, and others such as nurseries and greenhouses. Of these, the
report states that agriculture has been the dominant segment in 2013.
It is expected to continue its market dominance and be the leading
revenue generator in the MENA drip irrigation systems market.
The
report also states that 49.0% of the MENA drip irrigation systems
market was held by the agricultural segment in 2013. The segment is
expected to grow rapidly, at a CAGR of 18.90% from 2014 to 2020.The
report’s segmentation of the MENA drip irrigation systems market in
terms of components reveals the tubing segment to be the largest
component segment. The tubing segment held 39.50% of the overall MENA
drip irrigation systems market. The tubing segment is expected to
keep expanding dynamically, with a CAGR of 19.90% expected within the
report’s forecast period.
The
key players in the MENA drip irrigation systems market, as described
in the report, are Rain Bird Corporation, The Toro Company, Jain
Irrigations Systems, and Netafilm Ltd. Most of the players in the
MENA drip irrigation systems market have laid focus primarily on the
expansion and consolidation of their businesses in order to maintain
profit levels.
Key
segments of the XYZ market
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)
About
Us:
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.
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