The global demand for Mechanized Irrigation Systems Market is presumed to reach the market size of nearly USD 95.8 MN by 2030 from USD 20.92 BN in 2022 with a CAGR of 18.42% under the study period 2023 - 2030.
Mechanized irrigation systems are crop irrigation system that uses machinery, also known as sprinkler irrigation. These are mainly developed to decrease the growing concern of water stress. Mechanized irrigation systems are engineered to propel a specific amount of water and have the ability to control and monitor the water resource. These systems are available in various types, such as centre pivot systems, lateral move systems, and solid set irrigation systems.
Market Dynamics
The rising global food demand will likely drive the mechanized irrigation system market growth. The increased need for water conservation, primarily in arid regions, further accelerates the demand for these systems. Moreover, as the world's population grows, the demand for agricultural products drives the mechanized irrigation systems market growth, which can efficiently irrigate crops and reduce water wastage. Furthermore, key industry players' advancements in research and development to develop efficient irrigation equipment to aid optimal agricultural yield is expected to drive market demand during the forecast period. The local governments across the globe are boosting farmers to implement mechanized irrigation systems. This is likely to increase the mechanized irrigation systems demand during the projected period. However, high initial investment and consistent requirements for the maintenance of mechanized irrigation systems may hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of mechanized irrigation systems. The growth and trends of mechanized irrigation systems industry provide a holistic approach to this study.
Market Segmentation
This section of the mechanized irrigation systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Center Pivot Irrigation Systems
- Lateral Move Irrigation Systems
By Application
- Land Application Of Wastes
- Nursery Crops
- Agricultural Crop
- Lawns & Gardens
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Mechanized Irrigation Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Mechanized Irrigation Systems Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the mechanized irrigation systems market include EPC Industries Limited, Driptech India Pvt. Ltd., Jain Irrigation Systems Limited, HUNTER INDUSTRIES, Lindsay Corporation, Rain Bird Corporation, Reinke Manufacturing CompanyInc., Netafim Limited, The Toro Company, Nelson Irrigation Corporation, Premier Irrigation Adritec, Rivulis Irrigation, T-L Irrigation, and Valmont Industries. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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