Market Overview:

Center pivot irrigation is also called as waterwheel and circle irrigation. It is a procedure of crop irrigation in which crops are watered by the help of sprinklers where a machine rotates around a pivot. Furthermore, a hole is created on axis with the help of the electric motor, which supports water to reach the crops in the form of a circle. This irrigation system possesses different mechanical components, such as trusses, spans, towers, and drivetrains. In addition to that, these systems are an improved method of providing irrigation, hence providing better efficiency and suitability for vast landscapes.

Center Pivot Irrigation Systems Market was worth USD 1603.5 million in 2020 and is determined to grow at a CAGR of 15.25% to reach USD 3260.4 million by 2025 according to the estimation period

Market drivers and restraints:

The center pivot irrigation systems market is gaining demand with the modernizing agriculture technology. Furthermore, an increase in population together with water scarcity issues and the requirement for higher yield and better-quality crops further results in market growth. Center pivot irrigation dramatically assists in reducing water usage, thereby improving agricultural yield. In addition to that, the increasing trend from the flood irrigation system to center pivot systems and high growth potential in the rising countries pose lucrative opportunities for market growth.

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Report segmented as:

By field size:

Small
Medium
large field
By crop type:

cereals & grains
fruits & vegetables
flowers & ornamentals
oilseeds & pulses
others 
By components:

pivot points
control panels
span
sprinkler drop
tower drive wheels
drive train
By mobility:

stationary
mobile
Geographical analysis:

Based on geography, the world market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. North America and Europe combinedly account for the prominent share of this market. Nonetheless, the Asia Pacific region is expected to witness rapid growth in the coming years due to the rise in investments.

Important market players:

Major players in this market include Lindsay Corporation, Valmont Industries, Inc., T-L Irrigation Company, Alkhorayef Group, Reinke Manufacturing Company, Inc., Vodar (Tianjin) Co., Ltd, Pierce Corporation, Rainfine (Dalian) Irrigation Co.Ltd., BAUER GmbH, Roehren- und Pumpenwerk, and Grupo Fockink.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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