Global Report on Center Pivot Irrigation Systems Market Size & Share Worth USD 9.8 Billion, to Record a 14.6% CAGR by 2030 | Center Pivot Irrigation Systems Industry Trends, Segmentation, Analysis & Forecast by ZMR
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Center pivot irrigation is also referred to as circle irrigation or water-wheel irrigation. Moreover, it is the crop irrigation method that assists in watering crops with help of sprinklers. These products have gained popularity owing to the reduction in the availability of cultivable land as well as unirrigated lands. Furthermore, center pivot irrigation systems are advantageous as compared to other tools of irrigation due to their ability to proficiently use water and increase the yield of crops. Reportedly, these systems prove to be highly efficient on large land fields.
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Key Industry Insights & Findings of the Center Pivot Irrigation Systems Market Reports:
Zion Market Research published the latest report titled "Center Pivot Irrigation Systems Market By Field Size (Large Field, Medium Field, and Small Field), By Crop Type (Oilseeds & Pulses, Cereals, and Others), By Mobility (Stationary and Mobile), By Component (Span, Control Panels, Sprinkler Drop, Drive Train, Pivot Points, and Tower Drive Wheels), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2030." into their research database.
Industry Dynamics:
Center Pivot Irrigation Systems Market: Growth Drivers
Escalating demand for high quality crop yield along with major technological breakthroughs in the farming sector will provide impetus to the growth of the global center pivot irrigation systems market. In addition to this, climate change due to seasonal fluctuations or greenhouse effects has produced droughts in various countries and this has forced farmers to look for proficient irrigation systems. This will prop up the scope of the expansion of center pivot irrigation systems industry. Moreover, the growing conversion of non-arable land into cultivable one will result in huge market expansion in the coming years. Furthermore, irregularity of rainfall due to changes in weather conditions will boost global market trends. Less water wastage and huge return on investments due to the use of center pivot irrigation systems in comparison to other traditional irrigation systems will shape the global center pivot irrigation systems business in the forthcoming years.
Center Pivot Irrigation Systems Market: Restraints
Huge costs related to the initial deployment of center pivot irrigation systems and growing maintenance costs will put brakes on the expansion of center pivot irrigation systems industry. Lack of awareness among consumers about benefits accrued due to the use of center pivot irrigation systems in farming activities will hinder the surge of the global center pivot irrigation systems market.
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Center Pivot Irrigation Systems Market: Opportunities
The huge growth potential of the global center pivot irrigation systems market across emerging countries will open new growth avenues for the global market. Large-scale application of center pivot irrigation systems in agriculture instead of flood irrigation techniques will create new growth dimensions for the global market.
Center Pivot Irrigation Systems Market: Challenges
A decrease in the demand for labor-intensive irrigation tools will prove to be a major challenge to the growth of the center pivot irrigation market in the foreseeable future.
Global Center Pivot Irrigation Systems Market: Segmentation
The center pivot irrigation systems market is divided into crop type, field size, mobility, component, and region.
In terms of field size, the center pivot irrigation systems industry is segmented into large field, small field, and medium field segments. Moreover, the large field segment, which accounted for the largest share of the global industry in 2021, is predicted to exhibit humungous growth over the forecast timeframe. The expansion of this segment over 2022-2030 can be ascribed to the massive use of center pivot irrigation systems in farming and tilling of a larger area.
On the basis of crop type, the center pivot irrigation systems market across the globe is divided into cereals, oilseeds & pulses, and others. Moreover, the cereals segment, which dominated the global center pivot irrigation systems industry share in 2021, is set to lead the segmental growth in the near future. The segmental expansion can be credited to the large-scale demand for cereals globally along with the huge yield of cereals in the small area of arable land.
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List of Key Players in Center Pivot Irrigation Systems Market:
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Recent Developments
Regional Dominance:
In terms of region, the center pivot irrigation systems market globally is sectored into Europe, the Middle East and Africa, the Asia-Pacific, Latin America, and North America. The center pivot irrigation systems market in the Asia-Pacific is slated to retain its domination over the forecast timeline owing to the immense use of center pivot irrigation systems in countries such as Australia and China.
Global Center Pivot Irrigation Systems Market is segmented as follows:
Center Pivot Irrigation Systems Market: By Field Size Outlook (2022-2030)
Center Pivot Irrigation Systems Market: By Crop Type Outlook (2022-2030)
Center Pivot Irrigation Systems Market: By Mobility Outlook (2022-2030)
Center Pivot Irrigation Systems Market: By Component Outlook (2022-2030)
Center Pivot Irrigation Systems Market: By Region Outlook (2022-2030)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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