Center Pivot Irrigation Systems Market was worth $1393.1 million in 2018 – major players are -L Irrigation Company, Netafim Limited, RoEhren- Und Pumpenwerk, Lindsay Corporation, Valmont Industries, Alkhorayef Group, Reinke Manufacturing Company Inc

Overview:

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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Market views:

The Global Center Pivot Irrigation Systems Market ranges approximately up to USD 1393.1 million as of 2018 and is projected to be growing at a CAGR of 15.1% increasing market value approximately upto USD 2814.23 million by 2023.

 

Drivers and restraints:

The drivers influencing the growth of the Center Pivot Irrigation Systems Market globally are, productivity in water resource usage in case of droughts, increasing necessities of high yielding and improved quality in crops, industrial developments in the CPI systems and high returns on investments as compared to other irrigation systems.

There are also few restraining factors due to which the market facing challenges, lower demands from the economies which are labour intensive, high initial investments, constant maintenance, currency conversion rates.

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Partition of the Market:

Center Pivot Irrigation Systems Market is partitioned globally according to Field Types, Crop Types, Mobility, Components . With respect to type the field types market is partitioned into large fields, medium field and small fields. With respect to Crop Types market is partitioned into Cereals & Grains, Oilseeds & Pulses and other Crop Types. With respect to mobility market is partitioned into  stationary and mobile center pivot irrigation systems. With respect to components Spans, Pivot Points, Drive Trains, Control Panels and Sprinkler Drops. Cereal crops section is leading the market  and is tailed by pulses and oil seeds. In mobility category, the stationary center pivot irrigation systems have a greater share in the market as compared to the mobile systems, due to the productivity and ease of use of stationary systems in large fields

Topographically, The Center Pivot Irrigation Systems Market has been partitioned into Latin America, Europe, Middle East, North America, and Asia Pacific & Africa. The Global market  is topped by North America, and is tailed by Europe region contributing second largest share in Center Pivot Irrigation Systems market. Asia Pacific is projected to show a prominent growth rate in the coming years, although being the labour intensive region there is  rise in need for high yielding crops is predicted to influence the growth of CPI systems within the region.

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Key players of the market:

Prominent players in Center Pivot Irrigation Systems Market are 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.

 

Scope of the Report:

The report offers an extensive examination of the business by giving the estimations of market potential and gauges with most extreme granularity. Along this, the variables persuasive in affecting the market flow and patterns are examined in detail at the item level. Further, the execution of the market at the territorial and nation level is evaluated and the prospects with high development potential are distinguished and discussed.

The key players in the business are profiled giving bits of knowledge on their money related execution, advertise position and development techniques. Similar investigation on prime strategical exercises of the market players depicting the key advancements like mergers and acquisitions, coordinated efforts and an assessment of the focused condition inside the business are given. The report additionally offers an expansive standpoint of the market alongside proposals from industry specialists on the open doors for speculation action.

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