Increasing population worldwide has resulted into a strong need for efficient and modern agricultural practices. With the rising population and uncertain climatic conditions, the farmers are increasingly shifting towards automated irrigation systems reduced water loss. Thus, irrigation systems remain among the most important components in agriculture and need to be chosen carefully. Due to rising water scarcity issues worldwide, it becomes essential to adopt modern irrigation techniques. Some of the most popular irrigation used are sprinkler irrigation, drip irrigation and mechanized irrigation systems.

Mechanized irrigation systems are equipment comprising components such as spans, towers, drivetrains, tubing, control unit and sprinklers. The major difference between mechanized and conventional irrigation systems is the mechanical construction of the former for better operation and land coverage. With the help of spans, towers and drivetrains, these irrigation systems can be used across large stretch of land for irrigation. This makes mechanized irrigation highly water efficient systems that deliver water with minimum losses. Mechanized irrigation systems are among the most promising ways of achieving productive agricultural practices.

The mechanized irrigation systems market is largely propelled by the agriculture modernizing worldwide. The demand for these systems is also driven by the rising water scarcity issues coupled with need for higher food agricultural yield. Further, companies across the world are focusing on providing automated irrigation systems including moisture sensors and remote control. This is another factor fueling the market growth.

The report titled “Global Mechanized irrigation Systems Market- Growth, Share, Opportunities and Competitive Analysis, 2015 – 2023” offers strategic insights into the global mechanized irrigation systems market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on product types, applications and cross-sectional study across different geographies. The market revenue for agriculture segment has been evaluated including large corporate farms and private farms. The study covers the comparative analysis of different segments for the years 2014 & 2023. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help strategic decision makers, the report also includes competitive profiling of the leading mechanized irrigation system manufacturers, their SCOT (Strength, Challenges, Opportunities and Weaknesses) analysis, market positioning and key developments. Some of the major players profiled in the report are Valmont Industries, Inc., Lindsay Corporation, The Toro Company, T-L Irrigation Company, Jain Irrigation Systems Ltd., Netafim Ltd., Nelson Irrigation Corporation and others. Other in-depth analysis provided in the report includes:

Current and future market trends to justify the forthcoming attractive markets within the irrigation systems industry
Market fuelers, market impediments, and their impact on the market growth
In-depth competitive environment analysis
Trailing 2-Year market size data (2013 – 2014)
SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global mechanized irrigation systems market, offering market size and estimates for the period from 2015 to 2023, keeping in mind the above mentioned factors.

Type Segmentation Analysis

The mechanized irrigation systems market was dominated by the center pivot irrigation systems segment in 2014. The segment accounted for a market share, in terms of revenue, of more than half of the total market. Center pivot is among the first mechanized systems. These systems provide large irrigation coverage with minimum water wastage. Center pivot systems offer higher water efficiency as compared to the travelling guns and solid sets. Moreover, these systems provide accurate water application making better agricultural yield. Thus, the segment is expected to retain its dominant position in the market throughout the forecast period.

Nevertheless, linear move irrigation systems segment is expected to register the highest growth rate during the forecast period. These systems offer even land coverage and are suitable for use in uniformly shaped lands. Although costlier than center pivot systems, these systems provide better water application. Thus, the segment is expected to register the highest adoption rate during the forecast period. The others segment is expected to register steady growth in the coming years. Irrigation systems such as travelling guns and solid sets offer lesser water efficiency as compared to center pivot and linear move systems. Thus, the demand for these systems is expected to remain steady in the coming years.

Application Segmentation Analysis

As of 2014, the global mechanized irrigation systems market was dominated by the agriculture segment. The segment accounted for a market share, in terms of revenue, of over two third of the total market. Mechanized irrigation systems are highly suitable for large farms and landscapes. The demand for mechanized irrigation systems is mainly driven by the rising adoption of automated irrigation systems in agriculture practices.

Additionally, with rising population and water scarcity issues, it becomes essential to increase agricultural yields with minimum wastage of natural resources. Many national governments are now making efforts towards development of their agriculture sector. Additionally, automation in agriculture too is expected to witness strong penetration in the coming years. Thus, the demand for mechanized irrigation systems is expected to remain strong in agriculture during the forecast period. Subsequently, the segment is expected to retain its dominant position in the market throughout the forecast period.

The others segment is expected to register the highest growth rate during the forecast period. The segment comprises nurseries, greenhouses and sports grounds. Due to uncertain weather conditions, many farmers worldwide are turning towards greenhouse and nursery farming. Mechanized irrigation systems are increasingly being used for irrigating nursery crops. As a result, the others segment is expected to register strong mechanized irrigation penetration during the forecast period.

Geography Segmentation Analysis

As of 2014, the global mechanized irrigation systems market is dominated by North America. The region accounted for over fifty percent of the overall market revenue generated worldwide. North America has well-developed agriculture sector with strong penetration of mechanized irrigation systems. According to Valmont Industries, Inc., mechanized irrigation systems account for up to half of the total irrigated land. Thus, the region is expected to retain its dominant position in the market throughout the forecast period.

Asia Pacific is estimated to emerge as the fastest growing region in the global mechanized irrigation systems market during the forecast period. Countries such as China and Australia are increasingly shifting towards mechanized irrigation systems for achieving better water efficiency and agricultural productivity. In addition, India too is expected to emerge as highly lucrative market for mechanized irrigation systems in the coming years. Further, regions such as North Africa and Latin America too are expected to witness strong penetration in mechanized irrigation systems in the coming years.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Mechanized Irrigation Systems market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Mechanized Irrigation Systems market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Mechanized Irrigation Systems market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Mechanized Irrigation Systems market?
• Which is the largest regional market for Mechanized Irrigation Systems market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Mechanized Irrigation Systems market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Mechanized Irrigation Systems market worldwide?