Global Center Pivot Irrigation Systems Market is valued at USD 2.1 Billion in 2021 and is expected to reach USD 5.7 Billion by 2028 with a CAGR of 14.90% over the forecast period.
Center pivot irrigation is also dubbed as circle and waterwheel irrigation. It is a procedure of crop irrigation in which crops are watered with the help of sprinklers when a device revolves around a pivot. In addition to this, a hole is made on a pivot with the assistance of electric motor, which is additionally irrigated that makes crop circles. This irrigation system has different mechanical elements such as spans, trusses, drivetrains, and towers. In addition, these systems are an improved technique of offering irrigation in a circular manner by revolving around a fixed pivot point, hence offering enhanced suitability and efficiency for large landscapes.
By field size, the center pivot irrigation systems market is divided into small field (up to 3 hectares), medium field (3 hectares to 25 hectares), and large field (more than 25 hectares). By crop type, the center pivot irrigation systems market is divided into cereals, oilseeds and pulses, and others. By mobility, the center pivot irrigation systems market is divided into stationary and mobile. By components, the center pivot irrigation systems market is divided into pivot points, control panels, span, sprinkler drop, tower drive wheels, and drive train.
Center pivot irrigation very much assists lower water employment thus improving agricultural yield. Moreover, due to its benefits over traditional irrigation systems, center pivot irrigation systems market is predicted to see major development during the coming period.
The major players included in the global center pivot irrigation systems market forecast are
The global center pivot irrigation systems market attains growth by the modernizing agriculture technology all over the world. In addition to this, increase in population paired with water scarcity problems and the requirement for better quality crops and higher yield further results in market development. Center pivot irrigation very much assists lower water employment thus improving agricultural yield. Moreover, due to its benefits over traditional irrigation systems, center pivot irrigation systems market is predicted to see major development during the coming period. On the other hand, the continuous need of maintenance of such systems and high initial investment limit the market development potential. Moreover, elevated trend to center pivot systems from flood irrigation system and high development potential in the emerging nations pose growth avenues for market development.
Valmont Industries is a pioneer in the center pivot irrigation systems market. A major tactic of the firm has been new product roll outs for sufficing the requirements of the growers and modernizing irrigation methods.
North America added up for the biggest share of the center pivot irrigation systems market, US being the quickest developing and having the biggest market share in this area. There is changing of cropland to bigger farms as enhanced financial returns are realized via bigger crop farms. Europe is expected to be the next-largest market for the coming period. The Rest of World (RoW) is predicted to develop at the max CAGR in the coming period. The growth of corporate farming in Middle Eastern and African countries is a major market booster in these regions.
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Report Analysis | Details |
---|---|
Historical data | 2018 - 2021 |
Forecast Period | 2022 - 2028 |
Market Size in 2021: | USD 2.1 Billion |
Base year considered | 2021 |
Forecast Period CAGR %: |
14.90% |
Market Size Expected in 2028: | USD 5.7 Billion |
Tables, Charts & Figures: | 175 |
Pages | 300 |
Center Pivot Irrigation Systems Manufacturers: | Valmont Industries, Inc., Lindsay Corporation, Alkhorayef Group, T-L Irrigation Company, Vodar (Tianjin) Co., Ltd, Reinke Manufacturing Company, Inc., BAUER GmbH, Pierce Corporation, Rainfine (Dalian) Irrigation Co.Ltd., Grupo Fockink, Roehren- und Pumpenwerk |
Segments Covered | By Field Size Type, By Crop Type, By Components Type, By Mobility Type |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
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