Global Mechanized Irrigation Systems Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Type (Center Pivot Irrigation Systems And Lateral Move Irrigation Systems) And Application (Land Application Of Wastes, Nursery Crops, Agricultural Crop, And Lawns & Gardens) And By Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Industry Analysis From 2024 to 2029

Updated On: June, 2024
ID: 3463
Pages: 175

Global Mechanized Irrigation Systems Market Size (2024 to 2029)

The global mechanized irrigation systems market size is expected to reach USD 32.11 billion in 2024 and reach USD 64.31 billion by 2029, growing at a CAGR of 14.9% from 2024 to 2029.

In many countries, Agriculture is one of the leading sectors which highly impact the economic development of those countries. Lack of proper irrigation and, thus, low agricultural production are a constant threat to the economy of those countries. With an increase in water scarcity across the world, mechanized irrigation systems became essential to deliver water with minimum losses.

The equipment used in mechanized irrigation systems comprises various components, namely spans, towers, tubing, drivetrains, control units, and sprinklers.  With the construction of these components, irrigation can be done over a large area of land and deliver water efficiently. Many innovative and efficient systems are being introduced in place of conventional irrigation processes. Rain Bird is using “Pressure Regulating Systems (PRS)” in its rotors and sprinklers to guide water pressure at each head.

Market Drivers and Restraints

Water scarcity has become a major problem for agriculture as the cost of irrigation is increasing. With the introduction of mechanized irrigation systems in agriculture, the cost of irrigation has been reduced followed by an increase in productivity. The rapid increase in population leads to an increase in food demand across the world. Governments are funding the use of technology in agriculture to increase productivity. All these factors are driving the mechanized irrigation systems market. The high initial investment required to set up these irrigation systems is restraining the market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

14.9%

Segments Covered

By Type, Application, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Lindsay Corporation, Nelson Irrigation Corporation, Jain Irrigation Systems Limited, Driptech India Pvt. Ltd., Rain Bird Corporation, Premier Irrigation Adritec, Rivulis Irrigation, Netafim Limited, The Toro Company, T-L Irrigation, and Valmont Industries and Others.

 

SEGMENTAL ANALYSIS

Global Mechanized Irrigation Systems Market By Type

Center pivot irrigation systems held a major market share in this segment, followed by Lateral move irrigation systems because of their water application accuracy.

Global Mechanized Irrigation Systems Market By Application

Agricultural crops held the major market share in applications segment followed by lawns & gardens. It is due to the large area over which agricultural crops are being harvested all over the world.

REGIONAL ANALYSIS

North America is one of the most developed countries in the world dominates this market in terms of technology usage. Asia-Pacific is the fastest-growing market as this region has the top two countries having the largest agricultural land.

KEY MARKET PLAYERS

Some of the major players in the Mechanized Irrigation Systems market are Lindsay Corporation, Nelson Irrigation Corporation, Jain Irrigation Systems Limited, Driptech India Pvt. Ltd., Rain Bird Corporation, Premier Irrigation Adritec, Rivulis Irrigation, Netafim Limited, The Toro Company, T-L Irrigation, and Valmont Industries.

DETAILED SEGMENTATION OF THE GLOBAL MECHANIZED IRRIGATION SYSTEM MARKET INCLUDED IN THIS REPORT

This research report on the global mechanized irrigation system market is segmented and sub-segmented into the following categories.

By Type

  • Center pivot irrigation systems
  • and lateral move irrigation systems.

By Application

  • Land application of wastes,
  • nursery crops,
  • agricultural crops,
  • lawns & gardens.

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa.

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