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Global Agricultural Irrigation Machinery Market- By Type, Application and Geography-Market Shares, Forecasts And Trends (2017 - 2022)

  • February 2017
  • -
  • Mordor Intelligence LLP

Summary

Table of Contents

The market size of agricultural micro-irrigation machinery is expected to reach around USD 4,909.49 million by 2020. The expected CAGR is around 17.2 % over 2015-2020. In the present agricultural scenario, water scarcity is a major challenge and a key driver for the use of micro irrigation machinery systems. In a majority of the countries, water scarcity leads to deterioration in the food production both in terms of quality and quantity. Fragmented lands need a controlled amount of water and irrigation systems have proved useful here. Irrigated land is twice as productive as rain-fed land.

Water is the basic agricultural input required in any type of geography. Prior to the advent of mechanization, farmers depended on natural sources for irrigation. However, mechanization of agriculture has moved past tractors to every aspect of the crop production cycle.

Irrigation mechanization is one of the newest advances in agriculture. The latest innovations in irrigation mechanization are sprinkler and drip irrigation. Such mechanization not only increases productivity and yield per hectare but also reduces the water consumption per farm.

However, the majority of the farmers have small land holdings and thus cannot afford sophisticated irrigation machinery. In some of the tropical countries where most of the agricultural lands are rain fed, irrigations systems are useful for a few seasons but not so much afterward. Customization of irrigation systems according to the geography is also quite challenging. People belonging to rural areas with lower than average incomes are skeptical of using the advanced machinery and without local networks, promotions have failed in these areas.

The market is segmented by irrigation type (sprinkler irrigation and drip irrigation) and geography (North America, Europe, Asia-Pacific, South America and Africa).

The major companies in the irrigation machinery industries are:

Deere & Company
EPC Industries Limited
Jain Irrigation Systems Ltd.
Lindsay Corporation
Nelson Irrigation Corporation
Netafim Limited
Rain Bird Corporation
The Toro Company
T-L Irrigation Co.
Valmont Industries Inc.
These companies are expanding their business mainly in the developing countries and some countries like South Africa where there is a trend towards mechanization.

What the Report Offers

Market analysis for the agricultural irrigation machinery market, with region specific assessment and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario and rising prospective opportunities, along with the identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.

Please note: this report requires certain updates. We have all the information available but require 2 business days to complete the process and ensure it is as up-to-date as possible.


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