Press release
Mechanized Irrigation Systems Market Increment At A Robust CAGR Of 14.9% During Forecast Period 2016 - 2024
This research study analyzes the market for mechanized irrigation systems both in terms of volume (1 unit per 160 acres) and revenue (US$ Bn). The mechanized irrigation systems market has been segmented on the basis of type, application, and geography. In terms of region, the market has been divided into five segments that comprise 19 countries, which are the major players in the global mechanized irrigation systems market. For the research, 2015 has been taken as the base year, while all forecasts have been given for the period from 2016 to 2024. Market data for all the segments has been provided at the regional as well as country-specific level from 2016 to 2024. The report provides a broad competitive analysis of companies engaged in the mechanized irrigation systems business. The report also includes the key market dynamics such as drivers, restraints, and opportunities affecting the global mechanized irrigation systems market. These market dynamics were analyzed in detail and are illustrated in the report with the help of supporting graphs and tables. The report also provides a comprehensive analysis of the global mechanized irrigation systems market with the help of Porter’s Five Forces model. This analysis helps in understanding the five major forces that affect the market structure and market profitability. The forces analyzed are bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition.
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The high-level analysis in the report provides detailed insights into the mechanized irrigation systems business globally. There are currently numerous drivers of the market. Some of the most prominent drivers are efficient usage of water and fertilizers and mechanized irrigation systems to play a vital role in higher crop yield with improved quality globally. Market attractiveness analysis was carried out for the mechanized irrigation systems market on the basis of geography. Market attractiveness was estimated on the basis of common parameters that directly impact the mechanized irrigation systems market in different regions. The parameters are irrigated land, government support, agricultural production, water resources, and penetration of mechanized irrigation systems in each region.
In 2015, approximately 65 million acres of farmland were irrigated across the U.S. which made a significant contribution to the overall agricultural production in the country. In 2015, 488 million acres of farmland were equipped for irrigation globally. However, only 84% of the total irrigated area is expected to be cultivated. As of 2015, countries with the largest irrigated areas were India (163 million acres), China (155 million acres), and the U.S. (65 million acres). Efficient mechanized irrigation systems, such as center pivot and lateral move systems, and water management practices can help maintain the profitability of farms in an era of increasingly costly and limited water supplies.
The mechanized irrigation systems market was segmented on the basis type (center pivot irrigation systems and lateral move irrigation systems) and by application (land application of wastes, nursery crops, agricultural crops, and lawns & gardens). The mechanized irrigation systems market was analyzed across five geographies: North America, Asia Pacific, Europe, and Middle East and Africa, and Central and South America. Regional data has been provided for each sub-segment of the mechanized irrigation systems market. Key players in the mechanized irrigation systems market includes Driptech India Pvt. Ltd., EPC Industries Limited, HUNTER INDUSTRIES, Jain Irrigation Systems Limited, Lindsay Corporation, Nelson Irrigation Corporation, Netafim Limited, Premier Irrigation Adritec, Rain Bird Corporation, Reinke Manufacturing Company, Inc., Rivulis Irrigation, The Toro Company, T-L Irrigation, and Valmont Industries.
The report provides an overview of these companies, followed by their financial details, business strategies, and recent developments.
Mechanized Irrigation Systems Market: By Type
Center Pivot Irrigation Systems
Lateral Move Irrigation Systems
Mechanized Irrigation Systems Market: By Application
Land Application of Wastes
Nursery Crops
Agricultural Crops
Lawns & Gardens
Mechanized Irrigation Systems Market: By Region
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Italy
Ukraine
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Rest of Asia Pacific
Middle East and Africa (MEA)
South Africa
Saudi Arabia
Egypt
Israel
Rest of MEA
South and Central America (SCA)
Brazil
Chile
Venezuela
Rest of SCA
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Table of Content
Section 1 Preface
Report Description
Market Segmentation
Research Scope
Research Methodology
Section 2 Executive Summary
Executive Summary
Section 3 Industry Analysis
Introduction
Value Chain Analysis
Market Dynamics
Market Drivers
Market Restrains
Market Opportunities
Porter’s Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of Substitutes
Threat of New Entrants
Degree of Competition
Company Market Share- Mechanized Irrigation Systems Market, 2015
Market Attractiveness Analysis- Mechanized Irrigation Systems Market, By Region
Section 4 Global Mechanized Irrigation Systems Market – Type, by Volume and Revenue, 2014 – 2024 (1 unit per 160 acres) (US$ Bn)
Overview
Center Pivot Irrigation Systems
Lateral Move Irrigation Systems
Section 5 Global Mechanized Irrigation Systems Market – Application, by Volume and Revenue, 2014 – 2024 (1 unit per 160 acres) (US$ Bn)
Overview
Land Application of Wastes
Nursery Crops
Agricultural Crop
Lawns & Gardens
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Mechanized irrigation helps in significantly reducing the wastage of water. Owing to this reason, the demand for this equipment has risen in the agricultural sector. Improving the crop quality, government support and advanced technology act as major driving factors. On the other hand, the higher cost of installation, daily maintenance and other are hindering the growth. The global mechanized irrigation market has seen a significant growth in the past…
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