(Food-Beverage-News.Com, September 28, 2017 ) According to the report North America Mechanized Irrigation Systems Market By Type (Center Pivot Irrigation Systems And Lateral Move Irrigation Systems) And By Application (Land Application Of Wastes, Nursery Crops, Agricultural Crop, And Lawns & Gardens) - Industry Analysis, Size, Share, Growth, Trends And Forecast 2016 2021 published by Market Data Forecast, The North America Mechanized Irrigation Systems Market was worth $4.37 billion in 2016 and estimated to be growing at a CAGR of 15.7%, to reach $9.05 billion by 2021.
In the midst of ever growing population and their food and water demands, countries with developed economies adopted modern technologies in agriculture to reduce the usage of resources and to increase production. Mechanized Irrigation Systems is one of the most used irrigation systems to combat water scarcity and to cope up with the demand for food.
The usage of Mechanized Irrigation Systems has brought down irrigation and labor costs with more efficient water management system to achieve higher yields and better quality crops. Mechanized Irrigation Systems is highly economical in countries which cultivate in large fields rather than small fields. Advanced techniques like Small irrigation control in which the needs of a particular crop or soil are investigated and then the required water is controlled by a residential grade controller which can be operated using a smart phone. Farmers can hold off from using water if a rain is predicted or program it to release extra water during a heat wave.
High population growth increases the demand for food and water. Depletion of rivers and underground water resources increased the demand of effective irrigation methods which use optimal amount of water for irrigation. This has led to the growth of Mechanized Irrigation Systems market. The increasing role of private sector in producing various agricultural products and with advancements in technology, costs of Mechanized Irrigation Systems has reduced. These are the major driving factors for Mechanized Irrigation Systems market. To install the irrigation systems, high initial investments are required and hence small farmers are unable to avail these services.
The North America Mechanized Irrigation Systems Market is categorized on the basis of type and on the basis of application. On the basis of type, the market is further segmented into Center pivot irrigation systems and lateral move irrigation systems. Center pivot irrigation systems holds about 70% of market share in this segment as it is widely used in crops like corn and wheat which are one of the largest producing crops. On the basis of application, the market is segmented into Land application of wastes, nursery crops, agricultural crops, lawns & gardens. Agricultural crops held the major market share in applications segment followed by lawns & gardens. This is because Agricultural crops are the major source of income in many developing countries.
Based on region, North America is segmented into US and Canada. USA being one of the most developed countries in the world and having strong economy, easily adopted into using technology in agriculture. Major companies in Mechanized Irrigation Systems are also centered in USA making it their biggest market.
Some of the major players in the North America Mechanized Irrigation Systems Market are:
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