World’s population is escalating, estimated to reach nine billion by 2050, which would mean the current production of food crop should double in quantity. With depleting arable land, the demand for methods that increase the production capacity of farms is increasing, which in turn is reflecting positively on the global mechanized irrigation systems market. This report projects the demand in the global mechanized irrigation systems market to increment at a robust CAGR of 14.9% during the forecast period of 2016 to 2024. Some of the key factors driving this market are: higher returns on investment in comparison to alternatives, efficiency in usage of water resources, especially in the drought-prone areas, growing government support in the emerging economies, and outreach of new technologies in the developing nations. On the other hand, high initial investment and consistent requirement of maintenance are two important restraints faced by the global mechanized irrigation systems market.
As per the evaluation of the report, the global mechanized irrigation systems market was worth US$10.0 bn in 2015, and estimates it to swell to a worth of US$35.0 bn by the end of 2015. As mechanized irrigation systems are adaptable to diverse conditions of crop, weather, soil type, and field conditions, the vendors operating in this market are expected to gain ample of opportunities in all regions across the globe.
Based on product type, the global mechanized irrigation systems market is segmented into center pivot irrigation and lateral move irrigation, with the former segment accounting for more than two-third of the demand in 2015. Since the choice of mechanized irrigation systems depends on physical location of the arable land, overall investment, source of water supply, and weather conditions, pivot irrigation are seen to be more adaptable than later move irrigation and is anticipated to stay as the most profitable throughout the forecast period.
Application-wise, the report categorizes the global mechanized irrigation systems market into land application of wastes, agricultural crops, laws and gardens, and nursery crops. In 2015, agricultural crops category accounted for about 68% of the demand, gaining traction from growing food demand and increased focus by developed and emerging economies to minimum usage of water.
Across all major regions explored by this report, including North America, South and Central America, Europe, Asia Pacific, and the Middle East and Africa, North America accounted for the maximum, 34% of the demand in 2015. This substantial demand was primarily caused by the developed countries of the U.S. and Canada. Some of the states in the U.S., such as Montana, California, Idaho, Colorado, and Arkansas have total irrigated acres and surface water withdrawals, whereas states such as Texas, Oklahoma, Kansas, South Dakota, and Nebraska use groundwater as their primary source of water.
The global mechanized irrigation systems market is fragmented, with most of the major players actively looking for mergers and acquisitions of promising new entrants. Some of the key companies operating in the global mechanized irrigation systems market, that have been profiled in this report, are EPC Industries Limited, Driptech India Pvt. Ltd., Jain Irrigation Systems Limited, HUNTER INDUSTRIES, Lindsay Corporation, Rain Bird Corporation, Reinke Manufacturing Company, Inc., Netafim Limited, The Toro Company, Nelson Irrigation Corporation, Premier Irrigation Adritec, Rivulis Irrigation, T-L Irrigation, and Valmont Industries.
Mechanized Irrigation Systems Market to Witness Notable Growth Owing to Increasing Innovations in Cultivation Methods
The increasing population and the rising need for food products have propelled the need for agricultural production. The rising demand for food crops worldwide is a prime factor augmenting the growth of the global mechanized irrigation systems market. With draining arable land, the interest for techniques that increment the creation limit of homesteads is expanding, which thus is thinking about decidedly the worldwide mechanized irrigation systems market. A portion of the key components driving this market are: more significant yields on interest in contrast with options, proficiency in utilization of water assets, particularly in the dry season inclined territories, developing government support in the arising economies, and effort of new advancements in the agricultural countries. Then again, high introductory speculation and reliable necessity of support are two significant limitations looked by the worldwide mechanized irrigation systems market.
The need to reexamine uneconomical irrigation systems and low farming creation to improve crop productivity has been anticipated to be one of the imperative factors redesigning the mechanized irrigation systems market. Cultivation could expect an immense occupation in firmly influencing the monetary headway of a country. Different mechanized irrigation systems are used in agribusiness for applications like watering crops. Impact sprinklers, equal move systems, moving water spouts, central pivot systems, and sprinklers are a segment of the essential watering systems busy with green activities. High selection of these systems is driving development of the worldwide mechanized irrigation systems market.
The interest in mechanized irrigation systems has been expected to get power because of the decrease in resource costs. Appropriately, mechanized irrigation systems could be extraordinarily embraced for an extent of usage including domain and advancement, other than cultivating. Negligible exertion of irrigation sought after by improved productivity, government theories and progressions, and rising care about the benefits of using mechanized irrigation systems in developing could be among strong advancement segments of the market.
Table of Content
Section 1 Preface
Section 2 Executive Summary
Section 3 Industry Analysis
Section 4 Global Mechanized Irrigation Systems Market – Type, by Volume and Revenue, 2014 – 2024 (1 unit per 160 acres) (US$ Bn)
Section 5 Global Mechanized Irrigation Systems Market – Application, by Volume and Revenue, 2014 – 2024 (1 unit per 160 acres) (US$ Bn)
Section 6 Global Mechanized Irrigation Systems Market – Regional Analysis by Volume and Revenue, 2014 – 2024 (1 unit per 160 acres) (US$ Bn)
Section 7 Company Profiles
List of Figures
Figure 1. Global Mechanized Irrigation Systems Market, Estimates and Forecast, by Volume and Revenue, 2014–2024 (US$ Bn)
Figure 2. Global Mechanized Irrigation Systems Market, Global Market Share
Figure 3. Global Mechanized Irrigation Systems Market, Company Market Share (%) (2014)
Figure 4. Market Attractiveness, Mechanized Irrigation Systems Market
Figure 5. Global Mechanized irrigation systems, Market Share by Type Segment, 2014
Figure 6. Global Mechanized irrigation systems, Market Share by Type Segment, 2024
Figure 7. Global Mechanized Irrigation Systems Market, Type Segment, By Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 8. Global Mechanized Irrigation Systems Market, Center Pivot Irrigation Systems, By Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 9. Global Mechanized Irrigation Systems Market, Lateral Move Irrigation Systems, By Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 10. Global Mechanized Irrigation Systems Market, Application Segment, By Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 11. Global Mechanized Irrigation Systems Market, Land Application of Wastes, By Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 12. Global Mechanized Irrigation Systems Market, Nursery Crops, By Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 13. Global Mechanized Irrigation Systems Market, Agricultural Crops, By Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 14. Global Mechanized Irrigation Systems Market, Lawns and Gardens, By Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 15. Global Mechanized Irrigation Systems Market, By Region, 2014 and 2024
Figure 16. North America Mechanized Irrigation Systems Market Share, by Country, 2014 and 2024
Figure 17. North America Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 18. U.S. Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 19. U.S. Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 20. U.S. Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 21. Canada Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 22. Canada Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 23. Canada Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 24. Mexico Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 25. Mexico Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 26. Mexico Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 27. Europe Mechanized Irrigation Systems Market, By Country, 2014 and 2024
Figure 28. Europe Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 29. Germany Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 30. Germany Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 31. Germany Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 32. Turkey Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 33. Turkey Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 34. Turkey Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 35. France Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 36. France Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 37. France Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 38. Italy Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 39. Italy Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 40. Italy Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 41. Ukraine Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 42. Ukraine Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 43. Ukraine Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 44. Rest of Europe Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 45. Rest of Europe Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 46. Ukraine Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 47. Asia Pacific Mechanized Irrigation Systems Market, By Country, 2014 and 2024
Figure 48. Asia Pacific Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 49. China Mechanized Irrigation Systems Market, by Volume and Revenue, 2013–2024 (1 unit per 160 acres) (US$ Bn)
Figure 50. China Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 51. China Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 52. India Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 53. India Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 54. India Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 55. Japan Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 56. Japan Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 57. Japan Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 58. Australia Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 59. Australia Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 60. Australia Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 61. Rest of Asia Pacific Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 62. Rest of Asia Pacific Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 63. Rest of Asia Pacific Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 64. Middle East and Africa Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 65. Middle East and Africa Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 66. South Africa Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 67. South Africa Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 68. South Africa Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 69. Saudi Arabia Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 70. Saudi Arabia Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 71. Saudi Arabia Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 72. Egypt Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 73. Egypt Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 74. Egypt Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 75. Israel Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 76. Israel Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 77. Israel Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 78. Rest of MEA Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 79. Rest of MEA Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 80. Rest of MEA Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 81. South and Central America Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 82. South and Central America Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 83. Brazil Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 84. Brazil Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 85. Brazil Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 86. Chile Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 87. Chile Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 88. Chile Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 89. Venezuela Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 90. Venezuela Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 91. Venezuela Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 92. Rest of SCA Mechanized Irrigation Systems Market, by Volume and Revenue, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 93. Rest of SCA Mechanized Irrigation Systems Market, by Type, 2014–2024 (1 unit per 160 acres) (US$ Bn)
Figure 94. Rest of SCA Mechanized Irrigation Systems Market, by Application, 2014–2024 (1 unit per 160 acres) (US$ Bn)