Center Pivot Irrigation Systems - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Center Pivot Irrigation Systems Market is accounted for $1,426.45 million in 2019 and is expected to reach $4,974.46 million by 2027 growing at a CAGR of 16.9% during the forecast period. Some of the key factors propelling the market growth are increased demand for better quality crops, growing population, and technological advancements. However, the continuous maintenance requirement is the restraining factor for the growth of the market.
Center pivot irrigation system is a process of irrigation in which equipment rotates around the pivot and sprinkle water to crops. It is also known as a circle or water-wheel irrigation. The centre pivot system needs flat terrain and uses gravity flow to function in the undulating corner.
By crop type, the cereals & grains segment is expected to grow at a significant market share during the forecast period due to the increased use of cereals in animal feed and biofuels. Based on geography, North America is anticipated to hold considerable market share during the forecast period due to the growing demand for cereals and pulses.
Some of the key players in Center Pivot Irrigation Systems Market include Valmont Industries Inc, Bauer GmbH, RoEhren- Und Pumpenwerk, Lindsay Corporation, Vodar Co Ltd, Grupo Fockink, Alkhorayef Group, Pierce Corporation, T-L Irrigation Company, Rainfine Irrigation Co Ltd, and Reinke Manufacturing Company Inc.
Crop Types Covered:
• Fruits & Vegetable
• Cereals & Grains
• Turf and Forage Grasses
• Oilseeds & Pulses
• Flowers & Ornamentals
Field Sizes Covered:
• Large Field (More than 25 Hectares)
• Medium Field (3 Hectares to 25 Hectares)
• Small Field (up to 3 Hectares)
• Sprinkler Drop
• Control Panel
• Drive Train
• Pivot Point
• Fittings & Pump Units
• Tower Drive Wheel
• Gardens & Landscapes
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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