Infinium Global Research Agriculture Sprayers Market | Page 11

Agricultural Sprayers Market: Global Industry Analysis, Trends, Market Size and Forecasts
up to 2023
IGR- Growth Matrix Analysis
Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix
helps understand the market situation of the business segments. It helps identify the most
attractive segment for the investment purpose and helps the companies to make better
decisions in strategy making. The IGR- Growth Matrix presents the zones that define the
position of the Type segment and Device segment or region based on the market size,
growth anticipated and the growth factors & historic growth. Following are the zones that
IGR- Growth Matrix considers
 Risky Zone: Low market size and low growth rate. Investment in this segment is
risky
 Retention Zone: High market size and low growth rate, the companies operating
in this segment should retain their investments in this segment. Companies may
focus on extensive marketing and advertisements
 Consolidation zone: High growth rate and high market size, the companies
operating in the segments that have high market size and high growth should
focus on consolidating their market position in these segment. Mergers and
acquisitions, extensive marketing programs, and new Type developments can be
used as marketing strategies to consolidate the market in these segments.
 Opportunity Zone: High growth low market size
 Safe Zone: Moderate growth and moderate market size.
IGR- GROWTH MATRIX ANALYSIS
Growth Rate
Opportunity Zone
Consolidation Zone
High
Low
Risky Zone
Retention Zone
Market Size
Low
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High
North America Europe
Asia-Pacific RoW
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