The global automatic irrigation equipment market to register an incremental growth of USD 1.86 billion, witnessing a CAGR of about 12% during 2020-2024, according to the latest market research analysis by Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the automatic irrigation equipment market in optimistic, probable, and pessimistic forecast scenarios.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200918005030/en/
Technavio has announced its latest market research report titled Global Automatic Irrigation Equipment Market 2020-2024 (Graphic: Business Wire)
Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the Automatic Irrigation Equipment market. Download free report sample
Amid the COVID-19 Crisis, the Revaluated and Updated Automatic Irrigation Equipment Market Report Says:
The automatic irrigation equipment market will witness a Negative and Inferior impact during the forecast period owing to the extensive rise of the COVID-19 pandemic.
Due to the extensive spread of the virus across the globe, the Industrials industry is anticipated to have a Negative and Indirect impact
Furthermore, as per Technavio’s pandemic-focused research highlights, the market demand will show At Par growth due to the increase in infections and reduced economic activity.
Click here to learn about the report’s detailed analysis and insights on how you can leverage them to grow your business.
Automatic Irrigation Equipment Market Segmentation and Competitive Analysis
The automatic irrigation equipment market is segmented by product (automatic irrigation controllers, automatic irrigation sensors, automatic irrigation valves, automatic irrigation injectors, and automatic irrigation flow meters), end-user (agriculture, commercial, and residential), and geography (APAC, Europe, MEA, North America, and South America). Technological advances in automatic irrigation equipment has been an instrumental factor in influencing the growth of automatic irrigation equipment market. Other market drivers include government initiatives supporting sustainable agriculture practices and increasing consumer awareness about water-efficient lawn maintenance systems.
The market is fragmented. The report analyzes the market’s competitive landscape and offers information on several market vendors, including Badger Meter Inc., Hunter Industries Inc, Jain Irrigation Systems Ltd., Lindsay Corp., Morrill Industries Inc., Nelson Irrigation Corp., Netafim Ltd., Orbit Irrigation Products LLC, Rain Bird Corp., and The Toro Co. Moreover, Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.
Gain instant access to 17,000+ market research reports by using
Reasons to Buy the Report:
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers.
The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
Have Any Special Requirements OR Want to Customize This Report According to Your Needs? Speak to Our Analyst and Get $1000 Worth of FREE Customization at the Time of Purchase
Manufacturers and suppliers
Strategic decision makers
Industry journals and periodicals
Financial reports of key industry players
Collation of data
Estimation of key figures
Analysis of derived insights
Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts
Five forces analysis
Market size and forecast
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200918005030/en/