(Australia-NewsWire.Com, September 28, 2017 ) According to the report Asia-Pacific 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) - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, (2016 2021) published by Market Data Forecast, The Asia-Pacific Mechanized Irrigation Systems Market was worth $1.84billion in 2016 and estimated to be growing at a CAGR of 21.3%, to reach $4.83 billion by 2021.
Irrigation has been the main source of water for crops in many parts of the world to supplement the growth of the plants. Flood irrigation which is used normally for irrigation purposes uses a lot of water. Scarcity of water in recent years led to the adoption of alternate methods of irrigation.
Mechanized Irrigation Systems is one of the most used irrigation systems which use machinery to regulate the water supply to the crops. Mechanized Irrigation Systems consists of equipment like motors, rotors, towers, sprinklers, tubing etc. Using these components, large stretch of land can be irrigated efficiently with minimum amount of water losses. Advanced irrigation equipment which can be controlled through remote controllers and GPS are being introduced to increase the convenience of farmers.
Rise in water supply and storage problems and rise in demand for food and agricultural products are driving the Mechanized Irrigation Systems market. Irrigation manufacturers are investing in educating the customers about the benefits of using Mechanized Irrigation Systems. Availability of advanced technologies with less expenditure also plays a role in growth of this market. The major factoring restraining the market is that the modern irrigation systems are not affordable by small farmers.
The Asia-Pacific Mechanized Irrigation Systems Market is segmented based on type and based on 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 accounted for the largest market share in this segment followed by Lateral move irrigation systems because as field size increases, the irrigation cost per acre reduces with the use of Central pivot irrigation systems. On the basis of application, the market is segmented into Land application of wastes, nursery crops, agricultural crops, lawns & gardens. Agricultural crops account for the largest share in applications segment followed by lawns & gardens.
Based on region, Asia Pacific region is segmented into China, India, Japan, South Korea and Australia. Asia-Pacific is one of the largest markets with huge amount of agricultural land. India and China are the largest countries in terms of agricultural land which presents huge opportunities for Mechanized Irrigation Systems market.
Some of the major players in the Asia-Pacific Mechanized Irrigation Systems Market are: Lindsay Corporation Nelson Irrigation Corporation Jain Irrigation Systems Limited Driptech India Pvt. Ltd. Rain Bird Corporation Premier Irrigation Adritec Rivulis Irrigation Netafim Limited The Toro Company T-L Irrigation Valmont Industries
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