SAN FRANCISCO, Sept. 17, 2021 /PRNewswire/ -- A new market
study published by Global Industry Analysts Inc., (GIA) the premier
market research company, today released its report
titled "Mechanized Irrigation Systems - Global Market
Trajectory & Analytics". The report presents fresh perspectives
on opportunities and challenges in a significantly transformed post
COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 9; Released: April 2021
Executive Pool: 433
Companies: 14 - Players covered include Alkhorayef
Group; Driptech India Pvt. Ltd.; Hunter Industries, Inc.; Jain
Irrigation Systems Ltd.; Lindsay Corporation; Mahindra Agri
Solutions Pvt. Ltd.; Nelson Irrigation Corporation; Netafim
USA; North American Pipe
Corporation; Pierce Corporation; Premier Irrigation Adritec Pvt.,
Ltd.; Rain Bird Corporation.; Rivulis Irrigation Ltd.; The Toro
Company; T-L Irrigation Company; Valmont Industries, Inc. and
Others.
Coverage: All major geographies and key segments
Segments: Application (Agriculture, Landscape,
Greenhouse, Nursery, Other Applications); Crop Type (Plantation
Crop Types, Orchard Crop Types, Field Crop Types, Forage & Turf
Grasses, Other Crop Types); Product (Central Pivot, Lateral
Move)
Geographies: World; United
States; Canada;
Japan; China; Europe
(France; Germany; Italy; United
Kingdom; Spain;
Russia; and Rest of Europe); Asia-Pacific (Australia; India; South
Korea; and Rest of Asia-Pacific); Latin
America (Argentina;
Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel;
Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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templates and much more. You may also build your own bespoke report
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ABSTRACT-
Global Mechanized Irrigation Systems Market to Reach
$28.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Mechanized
Irrigation Systems estimated at US$12.9
Billion in the year 2020, is projected to reach a revised
size of US$28.1 Billion by 2026,
growing at a CAGR of 13.6% over the analysis period. Central Pivot,
one of the segments analyzed in the report, is projected to record
a 13% CAGR and reach US$18.5 Billion
by the end of the analysis period. After a thorough analysis of the
business implications of the pandemic and its induced economic
crisis, growth in the Lateral Move segment is readjusted to a
revised 14.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4
Billion in 2021, While China is Forecast to Reach
$6 Billion by 2026
The Mechanized Irrigation Systems market in the U.S. is estimated
at US$4 Billion in the year 2021.
China, the world`s second largest
economy, is forecast to reach a projected market size of
US$6 Billion by the year 2026
trailing a CAGR of 17.6% over the analysis period. Among the other
noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.6% and 12%
respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately
10.8% CAGR. More
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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com
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SOURCE Global Industry Analysts, Inc.