Mechanized Irrigation Systems MarketOverview
The global mechanized irrigation systemsmarket is expected to exhibit a strong 16.7 % CAGR over the forecast period
from 2022 to 2030 and reach a value of USD 31,668.02 million by 2030, according
to the latest research report from Market Research Future (MRFR). The report
presents a detailed analysis of the global mechanized irrigation systems market
by providing readers with a comprehensive overview of the market’s historical
trajectory. The leading drivers and restraints affecting the global mechanized
irrigation systems market are assessed in detail in the report. The historical
impact of these drivers and restraints is analyzed in context of the current
impact of these factors and projections are made for the likely impact of these
drivers and restraints over the forecast period. Various components of the
global mechanized irrigation systems market are also studied in the report and
projections are made for the growth trajectory of each distinct component. The
various segments and sub-segments within the global mechanized irrigation
systems market are studied in detail in the report. The study also makes a
detailed analysis of the major players operating in the global mechanized
irrigation systems market and provides a detailed look at the various
competitive strategies employed by players in the global mechanized irrigation
systems market. Likely future conditions with respect to the competitive
landscape of the market are also explained in detail in the report.
Mechanized irrigation systems are widelyused in affluent regions to provide water to large areas of plantations.
Mechanized irrigation systems use machines in place of human labor to supply
water to the whole area under cultivation. It can take the form of drip
irrigation, wherein small holes are made in the piping in order to deliver
water close to the roots of the plants, or sprinkler irrigation systems,
wherein a network of sprinklers covers a large area of land, spraying the whole
area with water. Mechanized irrigation systems are mainly a hallmark of the
agriculture sector in regions where individual farmers own large tracts of land
and thus can’t afford the physical labor to manually irrigate each crop. Thus,
mechanized irrigation systems are mainly seen in North America and Europe.
However, the growing land area under cultivation in emerging regions such as
Asia Pacific, Latin America, and Africa is likely to lead to growing
utilization of mechanized irrigation systems in these regions over the forecast
period. Growing awareness and increasing affluence of farmers in these regions
are also likely to remain key drivers for the mechanized irrigation systems
market over the forecast period.
Competitive Analysis:
The global mechanizedirrigation systems key market players include Valmont Industries Inc., TheToro Company, Hunter Industries (Senninger Irrigation), Alkhorayef Group, T-L
Irrigation Co., Mexichem SAB de CV, Rain Bird Corporation, Premier Irrigation
Adritec, Mahindra & Mahindra Ltd., Rivulis, Jain Irrigation Systems Ltd.,
Nelson Irrigation, and Lindsay Corporation.
Theglobal mechanized irrigation systems market overview has been segmented based
on type, crop type, and region.
Bytype, the global mechanized irrigation systems market has been classified into
drip irrigation systems, sprinkler irrigation systems, and others.
Bycrop type, the global market for mechanized irrigation systems has been
classified as cereals and grains, pulses and oilseeds, fruits and vegetables,
and others. Over the forecast period, the growing demand for cereals and grains
around the world is likely to lead the segment to the top position in the
global mechanized irrigation systems market.
Regional Analysis:
Theregions included in the geographical study of the worldwide mechanized
irrigation market size are Europe, Latin America, North America, Asia Pacific,
the Middle East, Asia, and Africa.
NorthAmerica currently dominates the global mechanized irrigationsystems market and is expected to be the global leader over the forecast period,owing to the huge farm sizes in that region. Larger farms require mechanized
irrigation systems, as the physical effort to manually irrigate the crops can
be too much for the farmer to handle. This, allied with the affluence of
American farmers, has led to a growing demand from the North American market
for mechanised irrigation systems. However, the growing agriculture sector in
Asia Pacific is expected to make the region the fastest growing regional market
over the forecast period.
InEurope and North America, a robust economy can support the growth of the
mechanized irrigation system market in the region.
LatinAmerica and Asia Pacific are lucrative and hold high growth potential for the
mechanized irrigation systems market. The existence of agriculture-dominated
economies in APAC regions that practise large-scale farming, coupled with the
presence of favourable government policies, can contribute to the expansion of
the regional mechanized irrigation market.
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