Center Pivot Irrigation Systems market Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

RESEARCH REPORT
OCTOBER 2017
Center Pivot Irrigation Systems market
SEGMENTED BY TYPE, DISEASE AND METHOD, INDUSTRY ANALYSIS,
SIZE, SHARE, GROWTH, TRENDS AND FORECASTS 2016-2021
The Global Center Pivot Irrigation Systems Market was worth $913.6 million in
2015 and estimated to be growing at a CAGR of 15.1%, to reach $1,845.6 million
by 2021. The market is showcasing evident potential in the mentioned forecast
period due to the abundance of unirrigated lands being converted to mechanized
irrigation, shrinking arable land and higher production compared to the rain fed
crops.
Center Pivot Irrigation is a method of crop irrigation in which the equipment is
made to rotate around a fixed pivot and the crop are watered by the sprinklers.
Center Pivot Irrigation System typically uses less water than other irrigation
techniques and saves labor costs being less labor intensive. Thus, CPI systems are
gaining interests in most regions of the world lately.
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The key factors driving the growth of center pivot irrigation systems market
include efficiency in water resource usage in case of droughts, rising
requirements of high yielding and better quality crops, technological
enhancements in the CPI systems and high returns on investments as compared
to alternative irrigation systems. The center pivot irrigation systems are facing
challenges mainly due to the lower demands from the economies which are
labour intensive for the most part and additionally because of the lack of
subsidies for the CPI systems thus requiring high initial investments. Further, the
systems require continuous maintenance and the currency exchange rates are
highly unfavourable, thus creating more restraints in the growth of center pivot
irrigation systems.
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The Global market for center pivot irrigation systems are classified under field
types as large fields, medium field and small fields. The market is segmented by
crop type under Cereals & Grains, Oilseeds & Pulses and other Crop Types.
Further, based on mobility the market is segmented under stationary and mobile
center pivot irrigation systems, and based on component the segmentation is
done under Spans, Pivot Points, Drive Trains, Control Panels and Sprinkler
Drops. The cereal crops segment accounted for the highest revenue followed by
the oilseeds and pulses segment. Intensive growth in cereal crop demands and
use of cereal in animal feed and biofuels drive the application of center pivot
irrigation systems in cereal crops. When taking field type into consideration, the
large field segment accounted for the largest market share in 2015. Center pivot
irrigation systems are widely employed in large fields, the reason being high
returns of investment and reduced cost per acre. In mobility category, the
stationary center pivot irrigation systems have a larger market share compared
to the mobile systems, due to the feasibility and ease of use of stationary systems
in large fields. The Global market for Center Pivot Irrigation Systems is
dominated by North America, US being the fastest growing and having the
highest market share in this region. Europe accounts for the second largest share
in Center Pivot Irrigation Systems market. Asia Pacific is expected to show a
significant growth rate in the coming years, although being the labour intensive
region the increasing need for high yielding crops is anticipated to influence the
growth of CPI systems within the region.
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Some of the market leaders of the CPI systems market include T-L Irrigation
Company, Netafim Limited, RoEhren- Und Pumpenwerk, Lindsay Corporation,
Valmont Industries, Alkhorayef Group, Reinke Manufacturing Company Inc.,
Grupo Fockink, Vodar (Tianjin) Co. Ltd, Pierce Corporation Ltd., Bauer GmbH ,
Rainfine (Dalian) Irrigation Co.
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a) Global Agricultural Biologicals Market:
http://www.marketdataforecast.com/market-reports/global-agricultural-biologicals-market1999/
b) North America Agricultural Biologicals Market:
http://www.marketdataforecast.com/market-reports/north-america-agricultural-biologicalsmarket-2013/
SCOPE OF THE REPORT
Global, regional and country-level analysis and forecasts of the study market;
providing Insights on the major countries/regions in which this industry is
blooming and to also identify the regions that are still untapped
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Segment-level analysis in terms of technology, component, and type along with
market size forecasts and estimations to detect key areas of industry growth in
detail
•
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the
market and their impact on shifting market dynamics
•
Study of the effect of exogenous and endogenous factors that affect the global market;
which includes broadly demographic, economics, and political, among other macro-
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environmental factors presented in an extensive PESTLE Analysis
•
Study the micro environment factors that determine the overall profitability of an
Industry, using Porter’s five forces analysis for analyzing the level of competition and
business strategy development
•
A comprehensive list of key market players along with their product portfolio, current
strategic interests, key financial information, legal issues, SWOT analysis and analyst
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overview to study and sustain the market environment
•
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in
the field along with new product launches, comparative financial studies and recent
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developments in the market by the major companies
•
An executive summary, abridging the entire report in such a way that decision-making
personnel can rapidly become acquainted with background information, concise

analysis and main conclusions
•
Expertly devised analyst overview along with Investment opportunities to provide both
individuals and organizations a strong financial foothold in the ma
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•
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The Global Center Pivot Irrigation Systems Market was worth $913.6 million in 2015 and estimated to be growing at a CAGR of 15.1%, to reach $1,845.6 million by 2021.