Mechanized Irrigation Systems Market to Rise due to Increasing Scarcity of Water and Food Globally
Published On : Apr 28, 2016 | Category : Energy & Natural Resources
Mechanized irrigation systems are the equipment utilized to water crops by the use of watering systems including cyclone sprinklers, oscillating sprinklers, impact sprinklers, and moving water nozzles. The increasing development in technology is resulting in the improvement of global mechanized irrigation systems market, hence boosting the market’s growth. Thus, the demand for mechanized irrigation systems in emerged nations is stimulated by the incorporation of advanced technology, further raising the convenience for farmers in these nations.
In addition, the reduced resource costs have also increased the adoption of mechanized irrigation systems in plantation, cultivation, and agriculture, hence boosting the market’s growth. Furthermore, the swift growth in population, the rising awareness amongst farmers, the increasing scarcity of water and food, and the increasing count of investments and promotions by governments globally are amongst the key factors propelling the growth of the market for mechanized irrigation systems.
Center Pivot Irrigation Systems Held the Largest Share of 69% in 2015
On the basis of type, the market for mechanized irrigation systems is segmented into lateral move irrigation systems and center pivot irrigation systems. The selection of the mechanized irrigation system is based on the overall price, physical location, irrigational area, and water supply, and thus varies from nation to nation. Amongst these, center pivot irrigation systems led the market with a share of 69% in 2015. On the other hand, lateral move irrigation systems held the second biggest share of 31% in the market in the same year.
Agricultural Crops Led Market with a Share of 68% in 2015
On the basis of application, the market is segmented into nursery crops, land application of waste, lawns and gardens, and agricultural crops. Amongst these, the segment of agricultural crops led the market with a share of 68% in 2015. This is owing to the rising demand for food owing to the globally rising population. On the other hand, the segment of lawns and gardens held a share of approximately 17%, while land application of waste and nursery crops together held a share of 15% in the market in the same year.
North America Mechanized Irrigation Systems Market Dominated Global Market in 2015
Geographically, the market is segmented into Europe, North America, South and Central America, Asia Pacific, and the Middle East and Africa. Amongst these, the region of North America led the market with share of 34% in 2015. This is owing to the fact that a number of North American countries such as Canada, Mexico, and the U.S. house a number of mechanized irrigation systems. Within the U.S., the agricultural sector is the key end-use segment of surface and ground water and constitutes a share of 80% in the total water consumption of the country. On the other hand, the region of Asia Pacific is predicted to outpace North America in the coming years due to the increasing population and the rising need for food in the region.
As per the report, the key players dominant in the market for mechanized irrigation systems are EPC Industries Limited, Driptech India Pvt. Ltd., Lindsay Corporation, Nelson Irrigation Corporation, Premier Irrigation Adritec, Netafim Limited, Rain Bird Corporation, Rivulis Irrigation, Reinke Manufacturing Company, Inc., The Toro Company, Valmont Industries, and T-L Irrigation, among others.
Browse Full Global Mechanized Irrigation Systems Market Research Report With Complete TOC @ https://www.transparencymarketresearch.com/mechanized-irrigation-systems-market.html