Press release
Sprinkler Systems Market Competitive Landscape and Is Expected To Display High Growth In Forthcoming Period, 2019-2025
In terms of production side, this report researches the Sprinkler Systems capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Sprinkler Systems by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Sprinkler systems are widely used with a view to combat increasing water stress across the globe, by efficient water management. The high returns on investment obtained by the producers, coupled with the low labor force associated with these systems increases its adoption in the agricultural sector.
The rising scarcity of water is the primary driver for the growth of the market. Demographic changes due to industrialization and rapid urbanization have resulted in unsustainable economic practices and degradation of natural resources. These factors have led to many problems across the globe, one of them being the shortage of water. The growing need for water coupled with significant water management issues is making water an expensive resource, forcing governments in various regions to put regulations on consumption of water.
North America dominated the global sprinkler systems market and accounted for a market share of over 43%, with the US being one of the largest contributors in this region. The landscaping of yards and outdoor spaces to provide aesthetic appeal to commercial and residential spaces for official as well as recreational activities has gained considerable momentum in the US. This will further drive the sprinkler system market in North America.
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The Sprinkler Systems market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Sprinkler Systems.
This report includes the following manufacturers; we can also add the other companies as you want.
Jain Irrigation
Netafim
The TORO company
Nelson Irrigation
STHIL
...
Market Segment by Product Type
Controllers
Sensors
Valves
Flow Meters
Others
Market Segment by Application
Commercial
Industrial
Residential
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