Mechanized Irrigation Systems Market

Mechanized Irrigation Systems Market Size & Growth(2022 - 2027):

Mechanized Irrigation Systems Market was worth USD 21.17 billion in 2021 and estimated to be growing at a CAGR of 14.9%, to reach USD 42.38 billion by 2026.

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 unit, and sprinklers.  With the construction of these components, irrigation can be done over a large area of land and delivering water efficiently. Many innovative and efficient systems are being introduced in the 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.

Drivers and Restraints of Mechanized Irrigation Systems Market:

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 for 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.

MECHANIZED IRRIGATION SYSTEMS MARKET REPORT COVERAGE:

Mechanized Irrigation Systems Market Segmentation:

Mechanized Irrigation Systems Market – By Type:

• Center pivot irrigation systems

• and lateral move irrigation systems.

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

Mechanized Irrigation Systems Market – By Application:

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

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.

Mechanized Irrigation Systems Market – By Regions:

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

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 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.