17 January 2020
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Agriculture is one of the major sectors, which remarkably affect the economic development of those countries. Lack of proper irrigation and thus less agriculture production are constant problems to the economy of those countries, with the rising in water scarcity around the world, Mechanised irrigation systems became important to deliver water with minimum losses. High initial setup price of the mechanized irrigation system is restraining the market growth.
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Mechanized Irrigation Systems Market was worth USD 15.17 billion in 2019 and estimated to be growing at a CAGR of 14.9%, to reach USD 30.38 billion by 2024.
Report segmented as:
Center Pivot Irrigation Systems
Lateral Move Irrigation Systems
Land Application of Wastes
Lawns & Gardens
Based on geography, the market divided under many countries such as North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific has led the global Mechanized Irrigation Systems Market.
Key market players
Mahindra EPC Irrigation
Jain Irrigation Systems Ltd.
Nelson Irrigation Corporation
Rain Bird Corporation
The Toro Company
T-L Irrigation Co.
Valmont Industries, Inc.
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The Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.
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