Market Insights
The increasing population worldwide has resulted in a strong need for efficient and modern agricultural practices. With the rising population and uncertain climatic conditions, farmers are increasingly shifting towards automated irrigation systems to reduce water loss. Thus, irrigation systems remain among the most important components in agriculture and must be chosen carefully. Due to rising water scarcity issues worldwide, it becomes essential to adopt modern irrigation techniques. Sprinkler irrigation, drip irrigation, and mechanized irrigation systems are some of the most popular.
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 stretches 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 agriculture modernization worldwide. The demand for these systems is also driven by the rising water scarcity issues coupled with the need for higher food agricultural yield. Further, companies worldwide focus 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 – 2022” offers strategic insights into the global mechanized irrigation systems market along with the market size and estimates for the duration of 2013 to 2022. The said research study covers an in-depth analysis of multiple market segments based on product types, applications, and cross-sectional studies across different geographies. The market revenue for the agriculture segment has been evaluated, including large corporate and private farms. The study covers the comparative analysis of different segments for 2014 & 2022. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.
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 2022.
- Keeping in mind the above-mentioned factors.
Type Segmentation Analysis
The mechanized irrigation systems market is broadly classified based on product types into the following:
- Center Pivot Sprinklers
- Linear Move Sprinklers
- Others (Solid Sets, Travelling Guns, and Side Rolls)
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 extensive irrigation coverage with minimum water wastage. In addition, center pivot systems offer higher water efficiency than traveling 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, the 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 traveling guns and solid sets offer lesser water efficiency than the center pivot and linear move systems. Thus, the demand for these systems will remain steady in the coming years.
Based on applications, the mechanized irrigation systems market is segmented into the following categories:
- Agriculture
- Gardens & Landscapes
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, increasing agricultural yields with minimum wastage of natural resources is essential. Many national governments are now making efforts toward developing their agriculture sector. Additionally, automation in agriculture is expected to witness strong penetration in the coming years. Thus, the demand for mechanized irrigation systems will 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.
The global mechanized irrigation systems market has been segmented, based on geographical regions, as per the following regions and countries:
- North America
- Europe
- Germany
- France
- UK.
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
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 a 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 a highly lucrative market for mechanized irrigation systems in the coming years. Further, North Africa and Latin America are expected to witness strong penetration of mechanized irrigation systems in the coming years.
