Find out What Will be the Growth of Global Mechanized Irrigation Systems Market and What Will be the CAGR Value In Future?

Absolute Markets Insights has recently added a new informative data to its extensive repository titled as Mechanized Irrigation Systems market. It highlights different dynamic aspects of businesses such as client requirements, demanding products or services, shares, and raw material. Additionally, it uses an effective analysis technique such as, SWOT and Porter’s Five analysis which helps to describe strengths, weaknesses, threats, and opportunities.

Mechanized Irrigation Systems Market Overview:

Growing population, unfavorable climatic conditions and depletion of fresh water availability are driving the need for mechanized irrigation systems. Penetration of advanced technologies, high yield of crops, efficient usage of water, and improved income of farmers are impelling the growth of this market. The use of advanced technologies in modern day irrigation systems has led to higher yield of crops and conserved usage of water. High installation and maintenance costs can hinder the market growth. Unfavorable climatic conditions, growing population and the need for increasing the food productivity is expected to propel the growth of mechanized irrigation systems market in future.

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Mechanized Irrigation Systems Market Players:

Some of the significant players functioning in the market include Alkhorayef group, Driptech Inc., HUNTER INDUSTRIES, Jain Irrigation Systems Ltd, Lindsay Corporation, North American Pipe Corporation, Netafim USA, NELSON IRRIGATION, Premier Irrigation Adritec, Pierce Corporation, Rain Bird Corporation, Rivulis, Samriddhi (Mahindra company), The Toro Company, T-L Irrigation Co and Valmont Industries, Inc. amongst others.

Mechanized Irrigation Systems Market value:

Mechanized Irrigation Systems Market Estimated to Reach US$ 5,606.9 Mn by 2022, due to Rising Water Scarcity Issues and Increasing Global Population.

Mechanized Irrigation Systems Market Key Findings:

• Among the type, central pivot is a dominant segment holding the largest market share. Measured usage of water application avoids puddling and runoffs, resulting into sustainable usage of water. It has helped hedge against the adverse weather conditions such as dry years, spotty or sporadic moisture patterns and lack of early moisture. All these factors have assisted in minimizing yield loss due to crop water stress, and is promoting good management practices. Hence the adoption of central pivot irrigation product in agriculture segment is generating the largest market share.
• Asia Pacific is the largest market share holder for mechanized irrigation systems market. With a concentration of nearly 60% of the world’s population and over 60% of the world’s irrigated land, the region is more densely populated and intensively cultivated than any other region. However, due to large population, this region faces lowest water availability per capita. This has propelled the need for adoption of mechanized irrigation systems and its growing demand has fueled Asia Pacific to generate highest CAGR.

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• Netafim USA has launched their product called Techline HCVXR a new dripline which provides superior root intrusion resistance. It is a long lasting solution that continues to function even after years, with added features such as laser etching and flexible UV resistant tubing.
• Nelson irrigation introduced the 3030 series with multi-functional 3NV nozzle, which serves the need to conserve water. The precision accuracy of the nozzles is facilitating effective farm management and thus is helping to generate maximum market revenue.

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Mechanized Irrigation Systems Market Segementation:

Based on the product it includes Sprinkler, Drip, Central Pivot, Lateral Move. It also includes the crop type such as Plantation Crop Types, Orchard Crop Types, Field Crop Types, Forage & Turf Grasses. The market segmentation by application like Agriculture, Landscape, Greenhouse, Nursery

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