Mechanized Irrigation Systems Market worth $4,840.80 Million by 2019 with Rising Population – Reported by MarketsandMarkets

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The report analyzes the growth trends in the mechanized irrigation systems market for the next few years. According to the report, the global market is driven by rising population and growing food demands.



Key players are Toro Company (U.S.), Jain Irrigation Systems Limited (India), Nelson Irrigation Corporation (U.S.), Netafim Limited (Israel), Rain Bird Corporation (U.S.),

According to the report by MarketsandMarkets the global Mechanized Irrigation Systems Market is expected to grow at a healthy CAGR by 2019. The report also projects the growth trends and revenue forecasts for the market over the next few years and defines the driving and restraining factors for the key industry players. It segments the global industry on the basis of the major geographic regions and key countries in the market.

Explore Mechanized Irrigation Systems Market through in-depth TOC & data tables and figures spread across 198 report pages.

Early buyers will avail 10% customization on this report.

According to the report the global mechanized irrigation systems market is expected to grow at a healthy CAGR of 15.3% from 2014 to reach $4,840.80 million by 2019. It expects the factors like rising food demand and population explosion to be the major driving factors for this market. Growth in the use of technology and rising awareness towards sustainable agriculture are also expected to create potential growth opportunities for this market. According to the report, the unprecedented growth in this market is mainly driven by growing concerns over water scarcity. Optimization of resources and yield are also expected to play a crucial role in the development of this market.

Further Inquiry

According to the report the regions like Asia Pacific and North America are expected to provide potential growth prospects for the mechanized irrigation systems market. Growing awareness about these systems among the farmers is expected to be a vital driving factor for the market on global scale.

According to MarketsandMarkets growing demand to reduce resource costs and adoption of advanced technologies are expected to provide growth opportunities for this market. Emerging markets like India and China are projected to create business opportunities for this market. According to the report, rising governmental support and advancing technologies are also expected to drive the mechanized irrigation systems market over the next few years. High population density and rising food demand across the emerging markets are projected to increase the demand in this industry.

Custom Report Inquiry

According to the report, the mechanized irrigation systems market players are relying on business agreements and acquisitions for business expansion. Strong competition in the industry is also expected to drive the industry players towards innovation and research and development activities.

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About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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Mr. Rohan
since: 04/2009
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