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The center pivot irrigation systems market is estimated to be valued at USD 941.0 Million in 2015. It is projected to grow at a CAGR of 14.9% from 2016 to 2021, to reach 1,734.4 Million by 2021. The base year considered for the study is 2015 and the forecast years are from 2016 to 2021.
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MarketsandMarkets™ Presents Center Pivot Irrigation Systems Market- Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/center-pivot-irrigation-system-market-257371281.html
The report "Center Pivot Irrigation Systems Market by Crop Type (Cereals and Oilseeds & Pulses), Field Size (Small, Medium, Large), Mobility (Stationary and Mobile), Component (Span, Pivot Points, Drive Train, Control Panel, Sprinkler Drop) - Global Forecast to 2021", The center pivot irrigation systems market is projected to reach a value of USD 1,734.4 Million by 2021, at a CAGR of 14.9% from 2016. The market is driven by factors such as conversion of unirrigated lands to mechanized irrigation, technology adoption trend, shrinking arable land, and higher production as compared to rain-fed crops. Browse 70 market data Tables and 58 Figures spread through 156 Pages and in-depth TOC on "Center Pivot Irrigation Systems Market - Global Forecast to 2021“ The North American region was the largest market for center pivot irrigation systems in 2015. In North America, U.S. is a major user of center pivot irrigation systems to achieve higher yields and better quality crops for the export markets. The market for center pivots in North America is in a mature stage while markets in other regions are in the growth stage. Europe is the second-largest market for center pivot irrigation systems. High investment required at the time of installation of center pivot irrigation systems is one of the restraints for the center pivot irrigation systems market. The continuous maintenance requirement is also hindering the growth of this market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=257371281
Objectives of the Report: • To define, segment, and project the global market size for center pivot irrigation systems on the basis of crop type, field size, components, mobility, and region • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges) • To analyze the opportunities in the market for stakeholders and provide a competitive landscape of market trends • To strategically analyze micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market. • To project the size of the center pivot irrigation systems market and its submarkets, in terms of value • To strategically profile key players and comprehensively analyze their core competencies • To analyze competitive developments such as expansions, acquisitions, agreements, and new product launches in the center pivot irrigation market • Key participants in the supply chain of center pivot irrigation systems are raw material suppliers, center pivot irrigation systems manufacturers, distributors, and end users such as government, farmers/crop producers, and researchers. The major key players that are profiled in the report include Lindsay Corporation (U.S.), Valmont Industries, Incorporated (U.S.), T-L Irrigation Company (U.S.), Alkhorayef Group (Saudi Arabia), Reinke Manufacturing Company, Incorporated (U.S.), Rainfine (Dalian) Irrigation Company, Limited (China), Bauer GmbH, Roehren- und-Pumpenwork (Austria), and Grupo Fockink (Brazil). • Request for New Version: https://www.marketsandmarkets.com/RequestNewVersion.asp?id=257371281
Targeted Audience: • Agricultural producers • Distributors of center pivot irrigation systems • Manufacturers of center pivot irrigation systems • Government organization and agencies • The global center pivot irrigation systems market is led by the cereal crops segment, followed by the oilseeds & pulses segment. Rapid growth in the demand for cereal crops from increasing population and use of cereals in animal feed and biofuels are driving the application of center pivot irrigation systems in cereal crops. Higher yield requirement from limited area has also led to the growth in its application. • Among the field type on which center pivot irrigation systems are employed, the large field segment accounted for the largest market share in 2015. Center pivot irrigation is widely used in large fields because of the high returns of investment and reduction in per acre cost. Stationary center pivot irrigation systems have a larger market share as compared to mobile systems, since in large fields, the use of stationary systems is more feasible. • Cereals accounted for the largest share for the application of center pivot irrigation systems in 2015. Under this category, corn and wheat contributed the major share for the usage of center pivot irrigation systems. Cereals contributed majorly to the high market share of this segment, primarily due to the demand for cereals by increasing population and its use in animal feed. Oilseeds & pulses accounted for the second largest share in 2015. Soybean and cotton plantations under this category contributed majorly to the high market share of this segment. • Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=257371281
Scope of the Report: • On the basis of Field Size, the market is segmented as follows: • Small field (up to 3 hectares) • Medium field (3 hectares to 25 hectares) • Large field (more than 25 hectares) • On the basis of Crop Type, the market is segmented as follows: • Cereals • Oilseeds and pulses • Others • On the basis of Mobility, the market is segmented as follows: • Stationary • Mobile • On the basis of Components, the market is segmented as follows: • Pivot points • Control panels • Span • Sprinkler drop • Tower drive wheels • Drive train
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