HydroPoint Market

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Prepare a 700-word paper in which you describe market trends that HydroPoint will face. Explain your conclusions. Address how each of the following will change or will not change, and why:
The market trends are that Hydro Point is in the business of irrigation. As global warming increases and the need for systematic irrigation increases, there is an increased demand for HydroPoint products. Its products helps save water and conserve energy. Current market trends are to launch products that determine the amount of moisture required for irrigation and deliver the right quantity of nutrients with water to the roots of the plants. Controlled irrigation not only saves water but also helps the farmer to better manage his farms and get early harvests. Early harvests increase the profitability of the customer in two ways, he gets a higher price for his products. In addition, he saves on the use of fertilizer, water and energy. More and more farmers will change towards drip-irrigation.
The present market trend is to develop irrigation products for all types of farming like sugar cane plantations, cotton growing, and vine growing. The market trend is to develop specialized products for different purposes. There are specialized solutions developed for landscape, for greenhouse and nursery, wastewater management, wastewater mining and spraying of chemicals with water.
Competitors:
There are several competitors in the irrigation industry. Each has products with unique features. For example, Weathermatic Irrigation includes in its package an irrigation controller that measures and analysis wind, ...