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Micro Irrigation System Industry: Focus on India
Koncept Analytics, Aug 2009, Pages: 38
Micro irrigation technology is rapidly expanding all over the world, especially in the water scarce areas of developed countries. It is very popular in the United States, Israel and some parts of Europe. North America and Europe has the highest record of MIS utilization while Asia is in the development stage. Irrigation plays a vital role in Australian agriculture; here irrigated agriculture uses 75% of consumed water. This technology has also established a stronghold in the Asian regions, where it is best utilized in India and China but still there is ample market potential with a continuously rising population. Drip irrigation is becoming the most demanded technology.
Water scarcity is the most important driving factor of the MIS industry and apart from the area available for crop production, growing population in the country and GDP in the agriculture sector also contributes to the growing demand for MIS. The other major contributor to this market is growing pollution levels due to which the water level has declined and in the near future this trend is expected to continue.
This report provides an overview of the global micro irrigation system industry with its utilization worldwide. It discusses total MIS market and industry structure. The report analyses micro irrigation equipment demand in India with a detailed description of its segments. It highlights areas covered under micro irrigation in India. The opportunity section analyses prospective markets for the industry and their significance. It also gives an overview of the Australian irrigation industry and describes all the industry segments. The report further analyses competition present in the industry with an overview of the major competitor’s business and their strategies.
The report also talks about the future outlook of the industry and its growth. By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
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