The projected growth of the Mechanized Irrigation Systems Market indicates a rise to USD 34.22374 billion by 2032, with a compound annual growth rate (CAGR) of 16.75% anticipated during the forecast span from 2023 to 2032. Key market drivers fueling this expansion include increased investments in research and development, along with corporations acquiring more farms from farmers.
In September 2016, Lindsay unveiled the 9500DS Drop Span Option as a new addition to its pivot system product line. This innovative product enables growers to irrigate larger areas while navigating around permanent obstacles like buildings, fences, and equipment.
In February 2019, Reinke Manufacturing inaugurated a new distribution center located in Tifton, Georgia, USA. This strategic expansion is aimed at enhancing the company's service capabilities in the eastern and northern regions of the United States.
Mechanized Irrigation Systems Type Outlook
Mechanized Irrigation Systems Crop Type Outlook
Mechanized Irrigation Systems Regional Outlook
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