Key Trends Shaping the Center Pivot Irrigation Systems Market

The center pivot irrigation systems market is projected to grow at a CAGR of 14.9% from 2016 to 2021, to reach a projected value of USD 1,734.4 Million by 2021. Center pivot irrigation systems are gaining significance because unirrigated lands are being converted into mechanized irrigation, shrinking arable land, and higher production as compared to rain-fed crops.

Objectives of the Report:

• To define, segment, and project the global market size for center pivot irrigation systems on the basis of crop type, field size, components, mobility, and region

• To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)

• To analyze the opportunities in the market for stakeholders and provide a competitive landscape of market trends

• To strategically analyze micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market.

• To project the size of the center pivot irrigation systems market and its submarkets, in terms of value

• To strategically profile key players and comprehensively analyze their core competencies

• To analyze competitive developments such as expansions, acquisitions, agreements, and new product launches in the center pivot irrigation market

• To provide a detailed competitive landscape of this market, along with an analysis of the business and corporate strategies adopted by key players

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The large field segment projected to be the fastest-growing segment during the period 2016–2021

The large field segment is expected to grow the fastest because as the field size increases, the irrigation cost per acre reduces with the use of center pivot irrigation systems. The requirement of labor in center pivot systems is much less than other types of irrigation systems; thus, on large fields, the use of pivot systems becomes more economical.

Cereals, the major crop type irrigated with the center pivot irrigation systems

Cereals accounted for the largest share for the application of center pivot irrigation systems in 2015. Under this category, corn and wheat contributed the major share for the usage of center pivot irrigation systems. Cereals contributed majorly to the high market share of this segment, primarily due to the demand for cereals by increasing population and its use in animal feed. Oilseeds & pulses accounted for the second largest share in 2015. Soybean and cotton plantations under this category contributed majorly to the high market share of this segment.

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North America dominated the center pivot irrigation systems market in 2015

The North American region was the largest market for center pivot irrigation systems in 2015. In North America, U.S. is a major user of center pivot irrigation systems to achieve higher yields and better quality crops for the export markets. The market for center pivots in North America is in a mature stage while markets in other regions are in the growth stage. Europe is the second-largest market for center pivot irrigation systems.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as Lindsay Corporation (U.S.), Valmont Industries, Incorporated (U.S.), T-L Irrigation Company (U.S.), Alkhorayef Group (Saudi Arabia), Reinke Manufacturing Company, Incorporated (U.S.), Rainfine (Dalian) Irrigation Company, Limited (China), Bauer GmbH, Roehren- und-Pumpenwork (Austria), and Grupo Fockink (Brazil).