17.09.2021 17:31

New Analysis from Global Industry Analysts Reveals Steady Growth for Mechanized Irrigation Systems, with the Market to Reach $28.1 Billion Worldwide by 2026

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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.

Mechanized Irrigation Systems

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.

Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

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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About Global Industry Analysts, Inc. & StrategyR
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
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.

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