The study involved four major activities in estimating the drippers market size. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.
Secondary Research
In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet, were referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold & silver standard websites, regulatory bodies, trade directories, and databases.
Primary Research
The market comprises several stakeholders in the supply chain, including drip irrigation/dripper system manufacturers, suppliers, farmers/growers, importers and exporters, and intermediary suppliers such as traders and distributors of dripper products. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The primary interviewees from the supply side include drip irrigation system manufacturers, suppliers, importers, and exporters. The primary sources from the demand side include farmers/growers, intermediary suppliers such as traders, and distributors of drippers products.
*RoW includes the Middle East and Africa
Note: Tier 1: Revenue > USD 500 million; Tier 2: USD 100 million < Revenue < USD 500 million; Tier 3: Revenue < USD 100 million
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the drippers market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
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The key players were identified through extensive primary and secondary research.
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The value chain and market size of the drippers market, in terms of value, were determined through primary and secondary research.
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All percentage shares splits, and breakdowns were determined using secondary sources and verified through primary sources.
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All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
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The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives.
Drippers Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall market size from the estimation process described above, the total market was split into several segments. Data triangulation and market breakdown procedures were employed, wherever applicable to complete the overall market engineering process and arrive at the exact statistics for all segments. The data was triangulated by studying various factors and trends from both the demand and supply sides. In addition, the market size was validated using both top-down and bottom-up approaches. It was then verified through primary interviews. Hence, three approaches were adopted—the top-down approach, the bottom-up approach, and the one involving expert interviews. Only when the values arrived at from the three points matches, the data is assumed to be correct.
Report Objectives
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To describe and forecast the drippers market in terms of type, crop type, and region
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To describe and forecast the drippers market, in terms of value, by region–North America, Europe, Asia Pacific, South America, and the rest of the world—along with their respective countries
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To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
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To strategically analyze micro-markets with respect to individual growth trends, prospects, and contributions to the overall market
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To study the complete value chain of the drippers market
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To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the drippers market
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To strategically profile the key players and comprehensively analyze their market positions, in terms of ranking and core competencies, along with details on the competitive landscape of market leaders
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To analyze strategic approaches, such as expansions & investments, product launches & approvals, mergers & acquisitions, and partnerships in the drippers market
Available Customizations
Based on the given market data, MarketsandMarkets offers customizations in the reports according to client-specific requirements. The available customization options are as follows:
PRODUCT ANALYSIS
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Product Matrix, which gives a detailed comparison of the product portfolio of each company
GEOGRAPHIC ANALYSIS
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Further breakdown of the Rest of Europe drippers market into Germany and Eastern European countries
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Further breakdown of the Rest of Asia Pacific drippers market into the Philippines, Singapore, and Papua New Guinea.
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Further breakdown of other countries in the Rest of the World drippers market by key countries
COMPANY INFORMATION
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Detailed analyses and profiling of additional market players (up to five)
Growth opportunities and latent adjacency in Drippers Market