Inspection Machines (Pharmaceutical And Medical Devices) Market - Global Opportunity Analysis and Industry Forecast (2017 – 2022)

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  The global  inspection machines market  will increase at a CAGR of 5.7% from 2017 to 2022 to USD 846.4 million by 2022 , driven by growing aging population, increase in chronic and infectious diseases, increasing growth of pharmaceutical market, and various technical advancements. In addition, emergence of new application areas further provides significant opportunities for the various stakeholders in the global inspection machines market.However, the high cost of inspection machines and the growing adoption of refurbished machines is expected In the era of automation, technologically updated inspection equipment helped to overcome the problems associated with traditional approaches which used labour-intensive methods that resulted in the increase of manufacturing lead time and production cost. In addition, there is a significant delay in detecting an out of control limit. Thus, the products that are not conforming to the specified standards accrue to the additional cost of scra

Micro-Irrigation Systems Market To Positive Growth Due To Use Of Unique Technique, By Size, Share, Trends, Forecast To 2024



Meticulous Research® – leading global market research company is researching on micro irrigation systems market titled Micro Irrigation Systems Market by type (Sprinkler, Drip), Component (Drippers, Polyethylene Tubing, Irrigation Valve, Filters), Crop Type (Plantation Crops, Orchard Crops, Field Crops), Application (Farmers, Government), and Geography- Global Forecast to 2024”.According to this latest publication from Meticulous Research®,the global micro irrigation systems market is expected to grow at a CAGR of 18-20% from 2019 to reach around $8.0 billion by 2025.
The growth of micro irrigation systems market is mainly supported by the several initiatives taken by governments across the globe with the help of new irrigation technologies to avoid future circumstances of water scarcity. For example, the U.S. government announced a WaterSMART program in early 2018 to reduce water wastages and increase water supply through investments in modernizing existing infrastructure; countries like Australia and Japan provides subsidies to the farmers for installing micro-irrigation techniques. In the growing countries of the region Asia Pacific such as India Government has been implementing centrally sponsored scheme, Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), on micro-irrigation from 2006 with an objective to conserve water and enhance water use efficiency in the agriculture sector; and Chinese government promotes water-saving irrigation (WSI) policies for irrigation management to decline irrigation water wastage.
Key questions answered in the report: 
  • How does the adoption of micro irrigation systems by farmer segment differ from the adoption by government segment?
  • What impact does this have on the adoption of micro irrigation systems in comparison to other application segments?
  • Which are the high growth market segments in terms of type, component, crop type, and regions/countries?
  • Who are the top competitors in this market and what strategies do they employ to gain shares?
  • Which market segments have high potential for revenue expansion over the forecast period?
  • What strategies should new companies looking to enter this market use to compete effectively?
  • Which companies have created partnerships and how will these partnerships promote a competitive advantage?
  • Who are the major players in the global micro irrigation systems market and what share of the market do they hold?
Drip irrigation commanded the largest market share of micro irrigation systems market in 2018 due to its high efficiency and diversified application. Also, growing need to increase water efficiency; reduce cost; save time and reduce growth of weeds; and need to increase agricultural production are further supporting to the growth of this market. However, with rising adoption in protected farming practices, the market for sprinkler irrigation is expected to witness a rapid growth during the forecast period.
Orchard crops and vineyards application segment commanded the largest market share of micro irrigation systems in 2018. The rapid growth in the production of greenhouse vegetables is driving the application of micro irrigation systems for orchard crops.
Geographically, North America captured a significant market share in global micro irrigation systems market in 2018. Factors such as increased automation in agriculture & adoption of advanced irrigation control systems; rising need to conserve water and reduce water stress; and increasing government initiatives in irrigation ultimately supports the greater consumption of micro irrigation systems in this region. However, Asia Pacific is expected to register the highest CAGR during the forecast period. Rising adoption of modern irrigation techniques in countries such as China, Japan, Australia, and India; and constant government financial assistance for irrigation supports the fastest growth in this region.
The key players operating in the global micro irrigation systems market are Netafim Ltd., Jain Irrigation Systems Ltd, Lindsay Corporation, The Toro Company, Nelson Irrigation Corporation, Rain Bird Corporation, Hunter Industries Incorporated, Valmont Industries, Inc., EPC Industries Limited, T-L Irrigation Co., Rivulis Irrigation Ltd., Elgo Irrigation Ltd., and Sistema Azud SA, among others.
Get key industry insights spread across pages with  market data tables & figures & charts from the report @ https://www.meticulousresearch.com/download-sample-report/cp_id=4970
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Meticulous Research®
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