Mechanized Irrigation Systems Market Trends And Forecast 2015 – 2023
A mechanized irrigation systems refers to equipment which are used to water the crops with help of watering systems like oscillating sprinklers, cyclone sprinklers, moving water nozzles and, impact sprinklers among others. Advancements in technology is leading to enhancements in the mechanized irrigation systems coupled with increasing crop cultivation are major factors driving the mechanized irrigation systems market. The demand for mechanized irrigation systems in the developed economies is majorly fueled by developed technology profiles increasing the convenience for farmers in the region. With the increasing population and uncertain weather conditions, especially in India and China, the farmers are favoring automated irrigation systems over conventional irrigation method for benefits like reduced water wastage. In addition, favorable government regulations promoting widespread adoption of mechanized irrigation systems are driving the market growth.
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The mechanized irrigation system market can be segmented on the basis of types, applications, and geography. Based on types the mechanized irrigation systems market can be categorized into central pivot irrigation and lateral moving irrigation. Central pivot irrigation is a technique of crop irrigation, in which the equipment is rotated on the pivot and crops are watered with sprinklers. It is considered to be the highly efficient system which helps conserve water. Central pivot irrigation uses less water compared to surface irrigation, which reduces water expenditure and in turn conserves water. Lateral moving irrigation is the technique in which water is supplied by an irrigation channel running the length of the field. Lateral moves rely on more complex guidance systems and require additional management compared to center pivot systems. On the basis of application, the mechanized irrigation systems market is categorized into agricultural crops, nursery crops, and lawns & gardens. Furthermore, the mechanized irrigation systems market is also segmented into four major regions, namely North America, Europe, Asia Pacific, and Rest of the World (Latin America, Middle East, and Africa).
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North America is the largest mechanized irrigation systems market. The demand in the region can be attributed to extensive use of technology such as electronic irrigation installation in mechanized irrigation systems. Over the forecast period, Asia Pacific is expected to outpace North America owing to rising population and increasing food requirement, which, in turn is expected to support the demand for mechanized irrigation system in the region. Brazil has the maximum share in Rest of the World mechanized irrigation systems market owing to increasing expenditure on highly mechanized systems in the region. The demand for mechanized irrigation systems is growing rapidly in the world’s most populous developing countries such as China and India. Extensive changes in climate have attracted farmers in developing economies of the Asia-Pacific to adopt mechanized irrigation systems. Lack of awareness among end-users including farmers is one of the major challenges faced by the mechanized irrigation market. In addition, high initial investment and continuous maintenance requirement are some other factors inhibiting the market growth.
The mechanized irrigation system market is characterized by large number of players. However, the market is dominated by Valmont Industries (U.S.) and Lindsay Corporation (U.S.), which collectively account for more than half of total mechanized irrigation systems market.. (Some of the other major players in the market include Rivulis Irrigation (Israel), The Toro Company (U.S.), Jain Irrigation Systems Limited (India), Nelson Irrigation Corporation (U.S.), Netafim Limited (Israel), Rain Bird Corporation (U.S.), T-L Irrigation Co. (U.S.), and EPC Industries Limited (India).
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