According to TMR, the global agricultural irrigation machinery market was valued at 4.85 billion U.S. dollars in 2017 and is expected to reach 24.19 billion U.S. dollars by 2026, growing at a compound annual growth rate of 19.5% during the forecast period. The awareness of drip irrigation systems continues to increase, and the increase in food productivity and the huge demand for food are some of the key drivers of market growth. However, factors such as the high cost of establishing metering facilities and the lack of skilled personnel are hindering market growth.
Machinery used to supply water to farmland and crops to promote hydration and growth is classified as agricultural irrigation machinery. Mechanization of irrigation can reduce the amount of water used on each farm. Irrigation helps to grow crops, maintain landscapes, and reveget damaged soil in dry areas and periods when rainfall is below average.
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According to the type, the drip irrigation system market segment will occupy a considerable market share due to the increasing adoption rate during the forecast period. Drip irrigation uses valves, pipes, pipes and transmitters to slowly drip water to the roots of plants and crops, thereby saving water. From a geographical point of view, due to the development of technology in the region and the growth of new agricultural irrigation machinery, the Asia-Pacific region is expected to grow at a faster rate.
Some of the major players introduced in agricultural irrigation machinery include Netafim Limited, Jain Irrigation Systems Ltd., The Toro Company, Deere & Company, Rain Bird Corporation, Nelson Irrigation Corporation, EPC Industries Limited, TL Irrigation Co., Valmont Industries, Lindsay Corporation And Rivulis Irrigation. Types covered: • Pivot irrigation • Drip irrigation • Central pivot irrigation • Local irrigation • Sprinkler irrigation • Other drip irrigation types
Applications covered: • Non-crops • Crops • Landscape gardens • Farms • Sports fields and grounds • Orchards • Other applications
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Covered areas: • North America o United States o Canada o Mexico • Europe o Germany o United Kingdom o Italy o France o Spain o Rest of Europe o Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific o South America o Argentina o Brazil o Chile o Rest of South America • Middle East and Africa o Saudi Arabia o United Arab Emirates o Qatar o South Africa o Rest of the Middle East and Africa
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What our report provides: – Regional and country-level market share evaluations – Market share analysis of top industry players – Strategic recommendations for new entrants – All mentioned market segments, sub-segments and Market forecasts for at least 9 years of market segments Regional market – Market trends (drivers, constraints, opportunities, threats, challenges, investment opportunities and recommendations) – Strategic recommendations for key business areas based on market estimates – Map key common trends Competitive landscape-company analysis and detailed strategy, financial status and latest developments-supply chain trends reflecting the latest technological advancements
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