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India Micro Irrigation System Market Outlook to 2018

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India Micro Irrigation System Market Outlook to 2018
EXECUTIVE SUMMARY
The report titled “India Micro Irrigation System Market Outlook to 2018 - Increasing Government Support and Farmer Awareness to Stimulate the Growth” provides a comprehensive analysis of the market size of the Micro Irrigation System Industry in India by revenue and area coverage. Industry has been segmented on the basis of types of micro irrigation system (drip and sprinkler irrigation system), by states, by crop types, by type of drip and sprinkler equipments, by applications of micro irrigation system and by organizational structure of the industry. The report also entails the market share and company profiles of the major players in the India Micro Irrigation System Industry. An analysis of the future of Micro Irrigation System market in India is provided on the basis of revenue of the market over next five years.
Micro irrigation system market in India has grown at the stupendous CAGR of 27.3% during the period from FY’2008-FY’2013 and is further expected to reach INR ~ million in FY’2018. Although, adoption of micro irrigation techniques by farmers is growing at a fast pace, the market penetration is still very low. Micro irrigation system sales in India is driven by strong demand in states such as Gujarat, Rajasthan, Madhya Pradesh Maharashtra, Karnataka, Andhra Pradesh, Tamil Nadu, Rajasthan and Haryana. The state governments of Gujarat, Andhra Pradesh, Tamil Nadu, Chhattisgarh, Himachal Pradesh and Bihar have also conceived micro irrigation projects as part of the Micro Irrigation Scheme.
The Indian micro irrigation market is majorly contributed by drip irrigation system in terms of revenue. In FY’2013, the drip irrigation accounted for ~% of the overall micro irrigation market revenue in India and generated revenue worth INR ~ million. On the other hand, sprinkler irrigation accounted for ~% of the market in FY’2013. The drip and sprinkler irrigation methods differ in terms of flow rate, pressure requirement, wetted area and mobility.



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