Market Overview —
The agriculture industry is growing at unstoppable speeds, which have directly boosted the demands for mechanical irrigation equipment. Apart from traditional irrigation procedures, which are more time consuming and less efficient, modern mechanized irrigations help increase efficiency and crop productions. On observing the global market trends, the global mechanized irrigation market is projected to touch 09% annual growth during the survey periods.
Small agriculture landholders are still working with older methods. Nevertheless, areas with extensive land holdings are adopting these methods, which is boosting and damaging the market at the same time. Modern mechanized irrigation systems are also helping in water conservation, which is also supporting the market in reaching newer growth levels. With the increasing awareness about these systems, small and medium-sized agriculturists are also moving towards the adoption of mechanized irrigation, which is helpful for the market in future senses.
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For increasing the overall yield, the authorities are working towards motivating the farmers to adopt modern facilities and are providing mechanized irrigation systems at reasonable prices; this factor is also helping the market grow in the weaker region. The global mechanized irrigation market is gaining recognition with time, but the factors like high costs and limited awareness are the primary speed breakers in the path of this market. The authorities and companies are trying to attract farmers by providing them with attractive loans and subsidies.
Lindsay Corporation (US), Nelson Irrigation (US), Jain Irrigation Systems Ltd (India), Rivulis (Israel), Mahindra & Mahindra Ltd. (India), Premier Irrigation Adritec (India), Rain Bird Corporation (US), Mexichem S.A.B. de C.V. (Mexico), T-L Irrigation Co. (US), Alkhorayef Group (Saudi Arabia), Hunter Industries (US), The Toro Company (US), and Valmont Industries, Inc. (US) are some of the key players operating in the Global Mechanized Irrigation Systems Market.
Recent Industry News
Global Mechanized Irrigation Systems Market is growing towards healthier futures, but high equipment costs are limiting the market’s growth. The companies and authorities are making efforts to promote and increasing its adoption. The North American region is the current market leader, but the Asia Pacific region will show the most robust growth rates during the survey period.
Mechanized Irrigation Activators Market is segmented into three parts, which are:
Types: It is of four types, namely, sprinklers, drip, lateral move, and central pivot.
Crop types: Mechanized irrigation systems are suitable for maximum crop types. Some of them are orchard crops, forage & grass, plantation crops, and others.
End-Users: Agriculture, nurseries, greenhouses, and other crop productions are using this technique.
Regional Market Summary
America, Europe, Asia Pacific, and The Middle East & Africa are the major regions observed for the Global Mechanized Irrigation Market.
The American region is the market leader currently and will dominate the market during this period, with North America, the major shareholder in this region. The presence of key producers, largo cultivation areas and other features are the factors driving this market. The European region is the second-largest market due to increasing demands for foods and increasing awareness among the farmers.
The Asia Pacific market is the third-largest market and will be the highest growth grossing market during this period. Vast agriculture practices, growing awareness, and increasing government initiatives towards advanced methods are driving the market here.
The rest of the regions will be expected to show substantial growth rates due to increasing food demands and the adoption of new agricultural practices.
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