NEW YORK, Feb. 19, 2022 /PRNewswire/ — The Agricultural Irrigation Machinery Market Vendors in the US should focus on grabbing business opportunities from the Sprinkler Irrigation Segment as it accounted for the largest market share in the base year.
Moreover, the market share is expected to increase by USD 881.82 billion from 2021 to 2026, at an accelerated CAGR of 9.97% according to the recent market study by Technavio. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
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Segmentation Analysis & Forecasts
The agricultural irrigation machinery market share growth in the US by the sprinkler irrigation segment will be significant during the forecast period. The increase in preference for new models of sprinkler irrigation systems will accelerate the growth of the market during the forecast period. Some prominent vendors that offer sprinkler irrigation systems are Rain Bird Corp. and Lindsay Corp.
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Agricultural Irrigation Machinery Market in US Facts at a Glance-
Total Pages: 120
Companies: 10+ – Including Deere and Co., Jain Irrigation Systems Ltd., Lindsay Corp., Nelson Irrigation Corp., Netafim Ltd., Rain Bird Corp., T L Irrigation Co., The Toro Co., and Valmont Industries Inc. among others
Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis
Segments: Type (sprinkler irrigation, drip irrigation, pivot irrigation, and others) and Application (grains and cereals, pulses and oilseeds, fruits and vegetables, and others).
The agricultural irrigation machinery market in US is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Deere and Co.- The company offers irrigation machinery that is used for lawn and garden, agriculture, construction, landscaping and grounds care, golf and sports turf, forestry, electronics, government and military sector.
Jain Irrigation Systems Ltd.- The company offers irrigation machinery that is used in drip irrigation, micro and mini sprinklers, sprinkler irrigation, hose reel and boom irrigation, filters, dosing pump and injectors, PVC and piping systems, plumbing and drainage systems, plastic sheets, planting material, and environment controlled agriculture.
Lindsay Corp.- The company offers irrigation machinery that provides pivot irrigation systems which includes center pivot irrigation, tubing, railroad signal infrastructure, moveable barrier systems and crash cushions.
Read More: Agricultural Irrigation Machinery Market Size in the US to Grow by US