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Center Pivot Irrigation Systems Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 309 | Report ID: MRS1012


Report Description

The global Center Pivot Irrigation Systems market size is estimated at USD 1,200.8 million in 2020, expanding at a CAGR 15.8% from 2021-2027.

Market Dynamics

Center Pivot Irrigation is a type of crop irrigation technique in which the equipment rotates around a pivot through sprinkling with the help of sprinkler drops and consists of a machine to supply water in a circular motion. It is also known as a waterwheel irrigation system and is used for the irrigation of large-scale farmlands.

Increasing demand for good quality crops the need for higher yield requirements from the limited area and technological advancement in the agriculture and irrigation system are boosting the growth of the Center Pivot Irrigation Systems Market during the forecast period. In addition, increasing population leads to the demand for cereal crops and the use of cereals in animal feed and biofuels, propelling the growth of the Center Pivot Irrigation Systems Market during the forecast period.

However, high initial investment costs, maintenance requirements, and low farm incomes are likely to hamper the market growth during the forecast period.

Based on Crop Type, the market is bifurcated into Oilseeds & Pulses, soybeans, Cereals & Grains, Corn, and others. The Cereals & Grains segment is estimated to hold the largest market share during the forecast period owing to the demand for cereals and grains and higher yield from a smaller area.

Based on Field Size, the market is segmented into Large, Medium, and Small fields. The Large Filed segment witnessed the largest market share during the forecast period owing to a high initial investment of the center pivot system, irrigating the cereals and grains on a large field is more beneficial in terms of cost.

Based on the Component, the market is bifurcated into Pivot Points, Drive Trains, Control Panels, Sprinkler Drops, Spans and others. All the components of Center Pivot Irrigation Systems are interconnected to form a system, therefore the growth of the component is interdependent.

Regionally, the North American region holds the largest revenue share in 2020 and is estimated to register significant growth during the forecast period owing to shrinking and expensive labor pools and increasing water insufficiency. On the other hand, Asia-Pacific accounted for the significant growth rate during the forecast period owing to the growing population coupled with increasing demand for food.

Some of the prominent players are Alkhorayef Group, Bauer GmbH, Roehren- Und Pumpenwerk, Driptech India Pvt. Ltd., Grupo Fockink, Hunter Industries, Inc., Rainfine (Dalian) Irrigation Co., Ltd., Reinke Manufacturing Company, Inc.Pierce Corporation, Lindsay Corporation, Nelson Irrigation Corporation, Netafim Ltd., Rivulis Irrigation Ltd., The Toro Company, T-L Irrigation Company, Valmont Industries Inc. and Vodar (Tianjin) Co., Ltd., among others.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Center Pivot Irrigation Systems Market by crop type, field size, component, and region. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • Alkhorayef Group
  • Bauer GmbH, Roehren- Und Pumpenwerk
  • Driptech India Pvt. Ltd.
  • Grupo Fockink
  • Hunter Industries, Inc.
  • Rainfine (Dalian) Irrigation Co., Ltd.
  • Reinke Manufacturing Company, Inc.
  • Pierce Corporation
  • Lindsay Corporation
  • Nelson Irrigation Corporation
  • Netafim Ltd.
  • Rivulis Irrigation Ltd.
  • The Toro Company
  • T-L Irrigation Company
  • Valmont Industries Inc.
  • Vodar (Tianjin) Co., Ltd.

Crop Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Oilseeds & Pulses
  • Soybean
  • Cereals & Grains
  • Corn
  • Others

Field Size Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Large Fields
  • Medium Fields
  • Small Fields

Component Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Pivot Points
  • Drive Trains
  • Sprinkler Drops
  • Spans
  • Control Panels
  • Others

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • Latin America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

Frequently Asked Questions

The global Center Pivot Irrigation Systems market size is estimated at USD 1,200.8 million in 2020, expanding at a CAGR 15.8% from 2021-2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global industry is growing at a promising growth rate over the study period.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
Some of the prominent players are Alkhorayef Group, Bauer GmbH, Roehren- Und Pumpenwerk, Driptech India Pvt. Ltd., Grupo Fockink, Hunter Industries, Inc., Rainfine (Dalian) Irrigation Co., Ltd., Reinke Manufacturing Company, Inc.Pierce Corporation, Lindsay Corporation, Nelson Irrigation Corporation, Netafim Ltd., Rivulis Irrigation Ltd., The Toro Company, T-L Irrigation Company, Valmont Industries Inc. and Vodar (Tianjin) Co., Ltd., among others.

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