Center Pivot Irrigation System Market crosses USD 3.4 BN in 2019
Posted On May 07, 2020
The Global Center Pivot Irrigation System Market revenue is valued closely at USD 3.4 BN in 2019 as per the report published by Value Market Research. The market for center pivot irrigation systems globally is anticipated to grow due to several aspects, growing need for better and quality-rich crops, accelerated pace of overall demand for food, and technological advancements in the crop irrigation system. The population across the globe has increased four times over the last century, which significantly raises the demand for food. Another factor contributing to increased food demands is increased spending abilities in developing economies. The grave challenge is the high set-up and maintenance costs of the center pivot irrigation system. Rapid growth in the demand for biofuels is also driving the application of center pivot irrigation systems in cereal crops.
Center Pivot Irrigation System, also known as a water wheel irrigation system, is a farming/agricultural irrigation method, wherein the equipment rotates around a pivot and the fresh produce is watered via sprinklers. The pivots are driven by electric motors. This irrigation system can only be used in flat terrains and utilizes gravity flow to function in the ripple corner. The system contains several mechanical parts like towers, spans, and drivetrains. It offers an efficient and sustainable irrigation method best-suited for large landscapes. The cultivation of cereal crops dominates the application segment of the center pivot irrigation system, followed by oilseed and pulses.
The report "Global Center Pivot Irrigation System Market Report By Crop Type (Cereals, Oilseeds & Pulses And Others), Field Size (Small Field, Medium Field And Large Field) Mobility (Stationary And Mobile) Component (Spans, Pivot Points, Drive Trains, Control Panels, Sprinkler Drops And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" covers the market introduction, key market statistics followed by in-depth regional revenue/or volume analysis. The report is segmented into chapters analysing all the segments individually and regional bifurcation is also done in detail.
By crop type the market is segmented into cereals, oilseeds & pulses and others. On the basis of field size the center pivot irrigation system market is segmented into small field, medium field and large field. By mobility the market is segmented into stationary and mobile. On the basis of component the center pivot irrigation system market is segmented into spans, pivot points, drive trains, control panels, sprinkler drops and others.
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are the regions covered in the report. This geographical section of the report highlights the share of the revenue/volume spread globally.
The Report Segments Global Center Pivot Irrigation System Market -
By Crop Type
- Oilseeds & Pulses
By Field Size
- Small Field
- Medium Field
- Large Field
- Pivot Points
- Drive Trains
- Control Panels
- Sprinkler Drops
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Alkhorayef Group, Bauer GmbH, RoEhren- Und Pumpenwerk, Grupo Fockink, Lindsay Corporation, Pierce Corporation, Rainfine (Dalian) Irrigation Co., Ltd., Reinke Manufacturing Company, Inc., T-L Irrigation Company, Valmont Industries, Inc. and Vodar (Tianjin) Co., Ltd among others.
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