Center Pivot Irrigation Systems Market 2021 Industry Emerging Trends, Key Players, Revenue Insights To 2027

Precision Business Insights published a research report on "Center Pivot Irrigation Systems Market By Crop Type (Fruits and Vegetable, Cereals and Grains, Pulses and Oilseeds, Turf and Ornamental, Flowers and Others), By Size of the Field (Large, Medium, Small), By Components (Pivot Points, Control Panels, Span, Sprinkler Drop, Drive Train, Tower Drive Wheels), By Motion (Mobile, Immobile) and Geography (Latin America, North America, Asia Pacific, Middle East and Africa and Europe) - Global/Region/Country Forecast to 2027" The Center Pivot Irrigation Systems Market was valued at USD 1.8 Billion in 2020 and is anticipated to grow at USD 4.59 Billion till 2027 recording a CAGR of 15% during the forecast period 2021-2027.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on "Center Pivot Irrigation Systems Market: By Crop Type (Fruits and Vegetable, Cereals and Grains, Pulses and Oilseeds, Turf and Ornamental, Flowers and Others), By Size of the Field (Large, Medium, Small), By Components (Pivot Points, Control Panels, Span, Sprinkler Drop, Drive Train, Tower Drive Wheels), By Motion (Mobile, Immobile) and Geography (Latin America, North America, Asia Pacific, Middle East and Africa and Europe) - Global/Region/Country Forecast to 2027"

According to crop requirements, water must be applied to crops in a specific volume and at a specific time. As a result, irrigation is regarded as a very serious agriculture technique. Another aspect in irrigation is the farmer's irrigation expertise and financial ability to install an irrigation system on the land. Farmers are changing their focus to contemporary and enhanced farm technology in order to facilitate the overall irrigation process, from on-time watering to convenient and simple crop irrigation, if any of the above specified parameters are not met. Center pivot irrigation, also referred as waterwheel irrigation, is a method of irrigating crops that involves rotating a machine around a pivot and spraying the crops with sprinklers. It is made consisting of a radial pipe supported by towers pivoting around a central point.

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The Center Pivot Irrigation Systems Market is growing due to rising demand for higher-quality crops around the world, as well as advancements in agriculture technology and irrigation systems. Another major factor driving the growth of the Center Pivot Irrigation Systems Market is the world's rapidly growing population. To meet this demand, the growing need for improved performance on prevailing land with progressive irrigation organizations is driving the market. In addition, growing adaptation of non-irrigated land to mechanized irrigation, as well as irregular rainfall caused by climate change in various parts of the world, are expected to propel the Center Pivot Irrigation Systems Market forward. The expansion of the Center Pivot Irrigation Systems Market is fueled by many aspects of the Center Pivot Irrigation Systems over traditional irrigation systems.
The Global Center Pivot Irrigation Systems Market is fragmented on the basis of Crop Type, Field Size, Component, and Geography. On the basis of Field size, Center Pivot Irrigation Systems Market is classified into, Small Fields, Medium Fields, and Large Fields. Based on Crop Type, Center Pivot Irrigation Systems Market is fragmented into, Cereals, Oilseeds & Pulses, Others. Based on Component, Center Pivot Irrigation Systems Market is divided into, Drive Trains, Pivot Points, Spans, Sprinkler Drops, Control Panels and Others.

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Impact of COVID-19 on Center Pivot Irrigation Systems Market:
In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years.

North America accounts for the majority of the market share. Due to the rise of corporate farming in African and Middle Eastern countries, the rest of the world is expected to grow at the fastest CAGR during the estimated period, shifting from smaller farms to larger farms to get higher financial returns through bigger crop farms.

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