Micro Irrigation Systems Market - Global Industry Analysis, Size, Share, Trends and Forecast, 2012 - 2018

According to a new market report published by Transparency Market Research "Micro Irrigation Systems Market - Global Industry Analysis, Size, Share, Trends and Forecast, 2012 - 2018," the global micro irrigation systems market is expected to reach USD 4.8 billion by 2018 at a CAGR of 18.0% from 2012 to 2018. Sprinkler irrigation system is expected to remain the largest segment accounting for about 47% revenue share in 2018 of the overall micro irrigation systems market. Drip irrigation system, due to its better efficiency, will be the fastest growing segment at a CAGR of 19.3% from 2012 to 2018. Asia Pacific will remain the fastest growing regional market due to increased encouragement from governments in India and China for the use of micro irrigation systems.

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The global micro irrigation systems market is segmented into four major categories - sprinkler irrigation system, drip irrigation system, center-pivot irrigation system, and lateral move irrigation system. Drip irrigation is the most efficient segment among all types, as water is directly delivered to the plant root resulting in optimum water use. Center-pivot irrigation and lateral move irrigation are types of sprinkler irrigation systems; however, the method of irrigating the field sets them apart from sprinkler irrigation. The center-pivot irrigation systems market currently has a small revenue share; however, with robust growth, the segment is expected to double its revenue contribution by 2018.

The major components of sprinkler irrigation system include tubing, pumping unit, fittings/sprinkler heads, and couplers. The pumping unit is the most costly component; however, depending on the size of the field, the number of lateral pipes used may increase the overall cost of the system. The tubing market is the fastest growing segment among sprinkler irrigation systems. The major components of drip irrigation system include tubing, backflow preventers, valves, filters, and pressure regulators.

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Increasing problems of water scarcity worldwide, and need for increased crop yield to meet the demands of continuously growing population are some important factors supporting the growth of the micro irrigation systems market. With the significant decrease in ground water levels, water conservation has become a point of concern for the agriculture industry. There is a need to look for efficient ways to irrigate fields and micro irrigation systems are helpful in achieving this purpose.

Netafim is the leading player in the global micro irrigation systems market followed by Jain Irrigation and John Deere & Company. EPC Industries, Valmont Industries, Lindsay Corporation, and Rain Bird among others are some important players in the micro irrigation systems market.

The report titled "Micro Irrigation Systems Market - Global Industry Size, Share, Trends, Analysis and Forecast, 2012 - 2018," provides in depth analysis, market size estimates, market shares, volume and forecast for the period 2012 - 2018 for the global micro irrigation systems market. It covers the study of major geographies, namely, North America, Europe, Asia Pacific, and Rest of the World. The report study includes analysis of the market by components, crop type, and end user applications.

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Mining Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2012 - 2018

The global mining equipment market is primarily driven by factors such as the increase in mining activities and the rising demand for metal and mineral commodities. The mining market is witnessing substantial growth after the economic crisis in 2010. Some other factors such as the enhanced demand for technically advanced solutions especially in developing countries is bolstering the growth of the global mining equipment market. Asia Pacific region dominates the global mining equipment market owing to tremendous growth of mining activities in China. 

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The report titled “Mining Equipment Market – Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast, 2012 – 2018,” provides in depth analysis, market size estimates, market shares and forecast for the period 2012 – 2018, for the mining equipment market across the globe. 

The global mining equipment market is segmented into six sub segments by equipment types namely, – mining drills and breakers, crushing, pulverizing and screening equipment, mineral processing machinery, surface mining equipment, underground mining machinery and other mining equipments. Metal mining, mineral mining and coal mining are the three main application sub segments of the global mining equipment market. The market has also been segmented and analyzed by geography into North America, Asia Pacific, Europe and rest of the world regions. Market estimates and forecasts are made after critical analysis of various macro and micro economic factors which directly and indirectly affect the market growth. The strategic analysis of the global market for mining equipment, and the market growth forecast for the period 2012 to 2018 has been included in the report. 

According to a new market report published by Transparency Market Research "Mining Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," the global mining equipment market is expected to reach USD 117.0 billion by 2018 from USD 71.5 billion in 2012 at a CAGR of 8.5% from 2012 to 2018. The Asia Pacific market was in a commanding position having contributed more than 60% of the entire mining equipment market share in 2012.

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The global mining equipment market is primarily driven by factors such as increasing mining activities in developing countries and the rising demand for technically advanced solutions across the globe. The large iron ore projects planned in Brazil, Russia, Australia, Africa and other regions are expected to drive the mining equipment industry in coming years. Mining activities in oil refineries, coal mining and other underground mining activities taking place in the emerging markets, especially Latin America and Asia Pacific are leading to huge demand for mining equipment in these regions.

The surface mining equipment market holds the largest share and accounts for nearly 37% of the entire mining equipment market owing to the rising demand for metal and mineral commodities. The mining drills and breakers market is expected to be the fastest growing market in the coming years owing to their increasing demand from developing countries. These equipments are imperative in most operations, where breaking through the ground and subsurface materials are necessary. The market for underground mining equipment holds the second largest share in the global mining equipment market and is expected to grow at a moderate growth rate from 2012 to 2018. Underground mining equipment includes hydraulic shovels, cable shovels, continuous mining machines, long wall mining machines and drag lines.

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