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Rising Agricultural Productivity Fuels Growth In The Center-Pivot Irrigation System Market: An Emerging Driver Transforming The Center Pivot Irrigation System Market Landscape
The Center Pivot Irrigation System Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Center Pivot Irrigation System Market?
The Center Pivot Irrigation System Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Center Pivot Irrigation System Market?
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What Are the Different Center Pivot Irrigation System Market Segments?
The center pivot irrigation system market covered in this report is segmented -
1) By Component: Pivot Points, Drive Trains, Sprinkler Drops, Spans, Control Panels, Tower Drive Wheels
2) By Crop Type: Oilseeds And Pulses, Cereals, Other Crop Types
3) By Field Size: Medium Fields, Small Fields, Large Fields
4) By Mobility: Stationary, Mobile
Subsegments:
1) By Pivot Points: Gearbox Assembly, Support Structures, Drive Mechanisms
2) By Drive Trains: Electric Drive Motors, Hydraulic Drive Systems, Gear Drives
3) By Sprinkler Drops: Sprinkler Heads, Drop Tubes, Regulators
4) By Spans: Mainline Spans, End Spans, Corner Spans
5) By Control Panels: Automatic Control Panels, Manual Control Panels, Remote Monitoring Systems
6) By Tower Drive Wheels: Rubber Drive Wheels, Steel Drive Wheels, Traction Wheels
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What Are the Primary Drivers Shaping the Center Pivot Irrigation System Market?
The expected increase in agricultural productivity is set to drive the expansion of the center-pivot irrigation system market. Agricultural productivity, an economic performance measure that compares the quantity of goods and services produced with the number of inputs used to produce those goods and services, can be significantly enhanced by center-pivot irrigation. This irrigation method is able to distribute water in needed quantities, ensuring crops receive the right amount of hydration while also optimizing their growth cycle height. This in turn results in heightened productivity, thus boosting the demand for center-pivot irrigation systems. For example, it was reported by the Department for Environment, Food, and Rural Affairs, which is a UK government department, in May 2023, that the total factor productivity (TFP) of the agricultural industry in the UK had seen a 3.4% rise between 2021 and 2022. Besides, in 2022, UK's total crop production was measured at 144.3, marking a 1.7% uptick from 141.9 in 2021. Consequently, the urge for improved productivity is fueling the center-pivot irrigation system market's growth.
Which Companies Are Leading in the Center Pivot Irrigation System Market?
Major companies operating in the center pivot irrigation system market include Alkhorayef Group, BAUER GmbH, Driptech India Pvt. Ltd., EPC Industries Ltd., Grupo Fockink, Jain Irrigation Systems Ltd., Lindsay Corporation, Nelson Irrigation Corporation, Netafim Ltd., Pierce Corporation, Premier Irrigation Adritec Pvt. Ltd., Rain Bird Corporation, Rainfine Irrigation Co. Ltd., Reinke Manufacturing Company Inc., 3A Composites, Adritec Group International, Rivulis Irrigation Ltd., T-L Irrigation Company, Cadman Power Equipment Ltd., Ocmis Irrigazione S.p.A., Kifco Inc., Otech S.A.S, Irrigation Direct Inc., Valmont Industries Inc., Galcon Ltd., Irritec SpA, Waterman Industries Inc., Perrot Irrigation Systems KG, The Toro Companyax
What Are the Major Trends Shaping the Center Pivot Irrigation System Market?
A prevailing trend in the center pivot irrigation systems market is product innovation. Prominent companies in this market are developing new products to maintain their standing. For example, in July 2022, Valley Irrigation, an American center pivot irrigation firm, and Farmers National Company, a nationwide provider of agricultural services to landowners in the US, collaborated to introduce the first solar-powered center pivot system. This system powers a 7-tower, corner arm machine, significantly reducing energy consumption in field irrigation. It captures 94 percent of solar energy, which is then transformed into electricity through a converter, and transported from direct to alternating current within the local power district. This energy then feeds directly into the local power grid and subsequently powers the pivot. Although the unit is not powered by the set-up, approximately an acre of solar panels are required to generate sufficient power. The panels' estimated lifespan is roughly 20 to 30 years, paralleling the pivot system's lifespan.
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What Are the Top Revenue-Generating Geographies in the Center Pivot Irrigation System Market?
North America was the largest region in the center pivot irrigation systems market in 2024. The regions covered in the center pivot irrigation system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Center Pivot Irrigation System Market?
2. What is the CAGR expected in the Center Pivot Irrigation System Market?
3. What Are the Key Innovations Transforming the Center Pivot Irrigation System Industry?
4. Which Region Is Leading the Center Pivot Irrigation System Market?
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