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. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
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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.
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.
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A few of the major players of the global center pivot irrigation systems market are Valmont Industries, Incorporated (U.S.), Lindsay Corporation (U.S.), Alkhorayef Group (Saudi Arabia), Grupo Fockink (Brazil), T-L Irrigation Company (U.S.), Rainfine (Dalian) Irrigation Co., Ltd. (China), Reinke Manufacturing Co, Inc. (U.S.), BAUER GmbH (Austria)
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