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Center Pivot Irrigation System Global Market 2023 - Business Trends, Share, Industry Size, Growth Opportunities And Outlook By 2032
Center Pivot Irrigation System Market
Center Pivot Irrigation System Market Size, Growth Rate, And Forecast
The global center pivot irrigation systems market size is expected to grow from $3.84 billion in 2022 to $4.28 billion in 2023 at a compound annual growth rate (CAGR) of 11.45%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global center pivot irrigation systems market size is expected to reach $6.72 billion in 2027 at a CAGR of 11.92%.
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Center Pivot Irrigation System Market Drivers
The growing agriculture productivity is expected to propel the growth of the center-pivot irrigation system market going forward. Agriculture productivity refers to a measure of economic performance that compares the amount of goods and services produced (output) with the amount of inputs used to produce those goods and services.
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Center Pivot Irrigation System Market Segments
• By Component: Pivot Points, Drive Trains, Sprinkler Drops, Spans, Control Panels, Tower Drive Wheels
• By Crop Type: Oilseeds And Pulses, Cereals, Other Crop Types
• By Field Size: Medium Fields, Small Fields, Large Fields
• By Mobility: Stationary, Mobile
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Center Pivot Irrigation System market.
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Center Pivot Irrigation System Market Key Players
Major competitors in the Center Pivot Irrigation System market include Alkhorayef Group, BAUER GmbH, Driptech India Pvt. Ltd., EPC Industries Ltd., Grupo Fockink, Hunter Industries Inc.
The Business Research Company's "Global Center Pivot Irrigation System Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Center Pivot Irrigation System Market Include:
1. Executive Summary
2. Center Pivot Irrigation System Market Characteristics
3. Center Pivot Irrigation System Market Trends And Strategies
4. Center Pivot Irrigation System Market - Macro Economic Scenario
5. Center Pivot Irrigation System Market Size And Growth
...........................
26. Africa Center Pivot Irrigation System Market
27. Center Pivot Irrigation System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Center Pivot Irrigation System Market
29. Center Pivot Irrigation System Market Future Outlook and Potential Analysis
30. Appendix
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