Mechanized irrigation systems market was valued at US$ 2,884.5 Mn in 2017 and is expected to reach US$ 5,606.9 Mn amid the forecast time frame 2018-2026
Pune, India -- (SBWIRE) -- 02/11/2019 -- Mechanized Irrigation systems comprises of various irrigation techniques such as traveler spray booms, the center pivot, micro sprinklers, minisprinklers, bubbler irrigation of trees, drip irrigation, hose irrigation and many more. These methods are used to increase the productivity of the land in rainfall deprived areas, by establishing sufficient water supply so as to meet the requirements of the growing population. The former aspects that were used to increase agricultural productivity, such as arable land, fresh water and good soil are diminishing due to the changing climatic conditions, increasing population and artificial fertilizer usage. Rising water scarcity issues has propelled the need of shifting towards advanced and automated irrigation systems.
Mechanized irrigation systems market was valued at US$ 2,884.5 Mn in 2017 and is expected to reach US$ 5,606.9 Mn amid the forecast time frame 2018-2026
Absolute market insights has added a new report to its source. The report is titled "Global Mechanized irrigation systems Market Research Report 2019" and accelerates a wide-ranging and focused look into this market. The report profiles some of the leading players in the global market for the purpose of an in-depth study of the challenges faced by the industry as well as the growth opportunities in the market. The report also discusses the strategies implemented by the key companies to maintain their hold on the industry. The experts evaluated the Global Mechanized irrigation systems Market to thrive at a CAGR of XX% over the period 2017-2025. The global market, which was esteemed at US$ XXXX billion in 2017, is relied upon to achieve an estimation of US$ XXXX billion by 2025, developing at a CAGR of XX% during the forecast period 2017-2025.
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Major Key Players in this report are: Alkhorayef group, Driptech Inc., HUNTER INDUSTRIES, Jain Irrigation Systems Ltd, Lindsay Corporation, North American Pipe Corporation, Netafim USA, NELSON IRRIGATION, Premier Irrigation Adritec, Pierce Corporation, Rain Bird Corporation, Rivulis, Samriddhi (Mahindra Company), The Toro Company, T-L Irrigation Co and Valmont Industries, Inc. amongst others.
Increasing traction for the emergence of technologies. The market is escalating quickly, inferable from rising digitization and persistent headways in the field of subjective science and software engineering that are molding the path for another innovation. In any case, the cost gained in making the items is progressively and the unquestionable level of profitability is low, in this way speaking to a noteworthy limiting variable for the market's advancement.
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Administrators who work in Asia-Pacific demonstrated the most significant rate of this innovation use inside their associations. As indicated by the review results, XX% and XX% of respondents who work in Asia-Pacific and Europe, separately, demonstrated that their associations have executed the innovation or platform. Besides, XX% and XX% of officials with business operations in whatever is left of the World and North America, separately, opined that their associations have not yet embraced the innovation or platform.
The investigation of the assembling cost structure of the international market has been performed in light of key perspectives, for example, industry chain structure, producing process, crude materials, and their providers. The report gives both, qualitative and quantitative research of the market, and also envelops commendable experiences into the rational situation and favored change strategies received by key contenders. The report's decision uncovers the general extent of the Worldwide Mechanized irrigation systems Market regarding practicality of interests in the different fragments of the market, alongside a graphic entry that blueprints the achievability of new ventures that may prevail in the market sooner rather than later.
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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements