Mechanized Irrigation Systems Market 2015 to 2022 - Industry, Applications, Market Size, Segmentation, Company, Share, Trends and Forecast: Credence Research

According to a new market research report published by Credence Research “Mechanized Irrigation Systems Market stood at US$ 1,653.7 Mn in 2014 and is estimated to expand with a CAGR of 13.6% from 2015 to 2022.
The purpose of the report is to illustrate the state of the market of Mechanized Irrigation Systems, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2015, and also, to build a forecast for the growth of the industry in the medium term until 2022.
Market Insights:
Mechanized irrigation systems are equipment comprising various mechanical components such as trusses, spans, towers, drivetrains and others. These irrigation systems offer high efficiency and are useful majorly in larger landscapes. The market for mechanized irrigation systems is highly driven by the rising adoption of automation and mechanization in the agriculture sector. Another major factor boosting mechanized irrigation systems market is superior advantages of these systems over conventional irrigation methods. Additionally, mechanized irrigation systems are convenient for use and help easily irrigate large agricultural fields. Additionally, since the water is applied with better precision, using these systems enhances the yields. However, the market is largely hampered due to lack of awareness and relatively high initial costs of these systems.
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Leading Players:
the players are located in North America making the region highly competitive and the largest market. North America and Europe are prime regions with strong penetration of mechanized irrigation systems. Thus, most of the players focus on providing enhanced products so as to gain competitive advantage. Companies are now focusing towards providing cost-effective systems in countries such as China, India, Brazil and others in order to expand their geographical reach.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Mechanized Irrigation Systems buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
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What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Mechanized Irrigation Systems contains:
Analysis and forecast of Mechanized Irrigation Systems market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Mechanized Irrigation Systems market;
Assessment and forecast of Mechanized Irrigation Systems market development;
Financial and business profiles of the leading companies in the Mechanized Irrigation Systems industry.
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Scope
- Up to date working Mechanized Irrigation Systems data by major regions in the world, the forecast of planned capacity additions by 2026
- The annual breakdown of capital expenditure spending on proposed Mechanized Irrigation Systems for the period 2018 to 2026
- Planned Mechanized Irrigation Systems additions and capital expenditure spending by key countries and companies across the world
- Planned capital expenditure spending on new Mechanized Irrigation Systems projects by region, key countries, and companies
- Details of major planned Mechanized Irrigation Systems projects in the world up to 2026
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