Centre Pivot Irrigation System Market (2021 to 2027) – Growth, Trends, COVID-19 Impact and Forecasts

Centre Pivot Irrigation System Market was valued at US$ 1.7 Bn. in 2021. The Global Centre Pivot Irrigation System Market size is estimated to grow at a CAGR of 13.6 % over the forecast period.
Centre Pivot Irrigation System Market Overview:
The report explores the Centre Pivot Irrigation System market's segments (Crop Type, Field Size, Mobility, and Components). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the Centre Pivot Irrigation System market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Centre Pivot Irrigation System market's contemporary competitive scenario.



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2021 is considered as a base year to forecast the market from 2022 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.
Centre Pivot Irrigation System Market Dynamics:
The Centre Pivot Irrigation system requires less water and increases the yield of crops:

Centre Pivot Irrigation is also called circle irrigation and water-wheel system. This is a method of crop irrigation system that has equipment that rotates around a pivot and the crop is watered through sprinklers. The circular that is centred in the pivot is irrigated. The crop is also created in a circular pattern when it is viewed from above. Previously the Centre Pivot Irrigation was water-powered but today owing to technological advancements most of the crops are propelled by electric motors. Centre Pivot Irrigation is beneficial as it can efficiently use water and optimize the field’s yield.

The Centre Pivot Irrigation requires less labour as compared to other surface irrigation methods such as furrow irrigation. It also has less labour cost as in this Centre Pivot Irrigation, digging of channels is not required. The Centre Pivot Irrigation reduces the amount of the soil tillage; hence it decreases the water runoff and soil erosion that mostly occurs with the ground irrigation techniques. As in Centre Pivot Irrigation, less, tillage is required so it encourages more organic materials and the residue of the crop to decompose back into the soil. Centre Pivot Irrigation also decreases soil compaction. All these factors are promoting the growth of the Centre Pivot Irrigation system which is further leading to the growth in the Centre Pivot Irrigation System Market during the forecast period.

Centre Pivot Irrigation system reduces the soil erosion and pollution:

The Centre Pivot Irrigation is escalating the growth of the market as there is a rise in the requirement for biofuels. There is a shrinkage in the arable lands, the uncultivated land is being converted into mechanical irrigation that yields higher production than the rein-fed crops. The total arable land present in the world is 1.5 billion hectares out of the 13.5 billion hectares land which is just 11% of the total surface land. Over the past 40 years, the world has lost a third of the arable land and also the scientists say that it is mainly caused by soil erosion and pollution, which is majorly raising concern over the degraded soil amid surging the global food demands.

The requirement of water in the crop is customized according to the variety of the crop as the rice crops require more water as compared to other crops’ irrigation. Further, the effectiveness of the water resource can be increased by the Centre Pivot Irrigation system in the cases of drought, this increases the growth of the demand for the Centre Pivot Irrigation system market during the forecast period. The significant change from the flood irrigation system to the Centre Pivot Irrigation system is providing potential new opportunities for the growth of the Centre Pivot Irrigation System Market.

The market requires high installation and maintenance costs:

The Centre Pivot Irrigation has many advents with growing technological advancements but the Centre Pivot Irrigation system is acting the fossil water, which is a non-renewable resource. The groundwater levels are decreasing owing to the extraction of ground-level water as the irrigation of land exceeds the rate of the recharge. In 2014 it was shown that the water consumption from the Centre Pivot Irrigation system has improved significantly.

The other main negative effects of using the Centre Pivot Irrigation system are it requires a high initial installation cost with higher maintenance cost associated with them. This system is not suitable for the irrigation of the crops in the rectangular, square, or other shaped crops. This type of irrigation is also not possible in windy conditions as it would cause uneven water distribution may occur and the fertilizers can be carried away in different directions. These factors could restrain the growth of the Centre Pivot Irrigation system market growth during the forecast period.
Centre Pivot Irrigation System Market Trends:
Centre Pivot Irrigation system is a method of crop irrigation system that has equipment that rotates around a pivot and the crop is watered through sprinklers. The Centre Pivot Irrigation requires less labour as compared to other surface irrigation methods such as furrow irrigation. As in Centre Pivot Irrigation, less, tillage is required so it encourages more organic materials and the residue of the crop to decompose back into the soil. It decreases the water runoff and soil erosion that mostly occurs with ground irrigation techniques. Centre Pivot Irrigation also decreases soil compaction.

The effectiveness of the water resource can be increased by the Centre Pivot Irrigation system in the cases of drought, this increases the growth of the demand for the Centre Pivot Irrigation system market. There is a shrinkage in the arable lands, the uncultivated land is being converted into mechanical irrigation that yields higher production than the rein-fed crops. These are major factors that are fueling the Centre Pivot Irrigation system market during the forecast period.
Centre Pivot Irrigation System Market Segment Analysis:
Based on Type, the Centre Pivot Irrigation System Market is segmented into Oilseeds & Pulses, Cereals, and Others. The Cereal segment dominates the Centre Pivot Irrigation System Market by holding maximum market shares. As cereal is largely consumed by the world population that accounts for approx. 857 million tonnes by 2022 which has been increased by 5.3 million tonnes from the previous forecast. Because of the huge demand for cereals across countries, higher yields are expected from the small areas. This demand for cereals is creating a surge in the cereal segment of the Centre Pivot Irrigation System Market during the forecast period.Based on Field Size, the Centre Pivot Irrigation System Market is segmented into Medium fields, Small Fields, and Large Fields. The Large Fields are dominating the Centre Pivot Irrigation System Market by holding maximum market shares. As Centre Pivot Irrigation Systems are introduced into the farm for the commercial purpose. So, the farmers get higher returns on investments and the larger the area in a hectare, the more are the benefits in terms of cost. Hence, Large Fields Centre holds maximum market shares of the Centre Pivot Irrigation System Market.
Centre Pivot Irrigation System Market Regional Insights:
The North American region held the largest market share accounting for XX% in 2021. As the Shifting from smaller farms to larger farms to gain better financial returns through larger crop farms. Furthermore, the occurrence of major key players will further boost the growth of the Centre pivot irrigation market in the region during the forecast period.

The European region is expected to witness significant growth at a CAGR of XX% through the forecast period. This is due to the presence and availability of global brands and their challenges faced owing to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

The objective of the report is to present a comprehensive analysis of the global The Centre Pivot Irrigation System Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Centre Pivot Irrigation System Market dynamic, and structure by analyzing the market segments and projecting the Centre Pivot Irrigation System Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Centre Pivot Irrigation System Market make the report investor’s guide.
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Centre Pivot Irrigation System Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2027


Historical Data:
2017 to 2021
Market Size in 2021:
US$ 1.7 Bn.


Forecast Period 2022 to 2027 CAGR:
13.6%
Market Size in 2027:
US$ 3.65 Bn.


 Segments Covered:
by Crop Type
• Cereals
• Oilseeds and pulses
• Others


by Field Size
• Small field (up to 3 hectares)
• Medium field (3 hectares to 25 hectares)
• Large field (more than 25 hectares)


by Mobility
• Stationary
• Mobile


by Components
• Pivot points
• Control panels
• Span
• Sprinkler drop
• Tower drive wheels
• Drive train



Centre Pivot Irrigation System Market by Region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
Centre Pivot Irrigation System Market Key Players:
• Alkhorayef Group
• BAUER GmbH, Roehren- und Pumpenwerk
• Driptech India Pvt. Ltd.
• EPC Industrie' Ltd.
• Grupo Fockink
• Hunter Industries, Inc.
• Jain Irrigation Systems Ltd.
• Lindsay Corporation
• Nelson Irrigation Corporation
• Netafim Ltd.
• Pierce Corporation
• Premier Irrigation Adritec Pvt., Ltd.
• Rain Bird Corporation.
• Rainfine (Dalian) Irrigation Co., Ltd.
• Reinke Manufacturing Company, Inc.
• Rivulis Irrigation Ltd.
• The Toro Company
• T-L Irrigation Company
• Valmont Industries, Inc.
• Vodar (Tianjin) Co., Ltd.

Frequently Asked Questions:

1) What segments are covered in the Centre Pivot Irrigation System Market report?
Ans. The segments covered in the Centre Pivot Irrigation System Market report are based on Crop Type, Field Size, Mobility, and Components.

2) Which region holds the highest share in the Centre Pivot Irrigation System Market?
Ans. The North American region is expected to hold the highest share in the Centre Pivot Irrigation System Market.

3) What is the market size of the Centre Pivot Irrigation System Market by 2027?
Ans. The market size of the Centre Pivot Irrigation System Market by 2027 is US$ 3.65 Bn.

4) What is the forecast period for the Centre Pivot Irrigation System Market?
Ans. The Forecast period for the Centre Pivot Irrigation System Market is 2022-2027.

5) What was the market size of the Centre Pivot Irrigation System Market in 2021?
Ans. The market size of the Centre Pivot Irrigation System Market in 2021 was US$ 1.7 Bn.