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 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.
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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.
Browse the full Drip Irrigation Systems Market Press Release report at http://www.transparencymarketresearch.com/pressrelease/drip-irrigation-systems-market.htm
Key segments of the XYZ market
Drip Irrigation Systems Market, by Component Type
Round Drip Emitters
Pressure Compensating Drip Emitters
Non-pressure Compensating Drip Emitters
Flat Drip Emitters
Drip Irrigation Systems Market, by Applications
Gardens (Public and Residential)
Others (Greenhouses and Nurseries)
Drip Irrigation Systems Market, by Region
United Arab Emirates (UAE)
Rest of the Middle East (RoME)
Rest of North Africa (RoNA)