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Center Pivot Irrigation Systems - Global Market Trajectory & Analytics

  • ID: 5029782
  • Report
  • April 2021
  • Region: Global
  • 474 Pages
  • Global Industry Analysts, Inc
Global Center Pivot Irrigation Systems Market to Reach $3.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Center Pivot Irrigation Systems estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$3.9 Billion by 2027, growing at a CAGR of 13.9% over the analysis period 2020-2027. Cereals & Grains, one of the segments analyzed in the report, is projected to record a 14.5% CAGR and reach US$1.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Oilseeds & Pulses segment is readjusted to a revised 13.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $420.9 Million, While China is Forecast to Grow at 18.1% CAGR

The Center Pivot Irrigation Systems market in the U.S. is estimated at US$420.9 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$875.4 Million by the year 2027 trailing a CAGR of 18.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.8% and 12.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.9% CAGR.

Other Crops Segment to Record 12.6% CAGR

In the global Other Crops segment, USA, Canada, Japan, China and Europe will drive the 11.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$243.1 Million in the year 2020 will reach a projected size of US$530.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$583.6 Million by the year 2027, while Latin America will expand at a 14.1% CAGR through the analysis period.

Select Competitors (Total 42 Featured):
  • Alkhorayef Group
  • BAUER GmbH, Roehren- und Pumpenwerk
  • Driptech India Pvt. Ltd.
  • EPC Industrie' Ltd.
  • Grupo Fockink
  • Hunter Industries, Inc.
  • Jain Irrigation Systems Ltd.
  • Lindsay Corporation
  • Nelson Irrigation Corporation
  • Netafim Ltd.
  • Pierce Corporation
  • Premier Irrigation Adritec Pvt., Ltd.
  • Rain Bird Corporation.
  • Rainfine (Dalian) Irrigation Co., Ltd.
  • Reinke Manufacturing Company, Inc.
  • Rivulis Irrigation Ltd.
  • The Toro Company
  • T-L Irrigation Company
  • Valmont Industries, Inc.
  • Vodar (Tianjin) Co., Ltd.
Frequently Asked Questions about the Global Market for Center Pivot Irrigation Systems

What is the estimated value of the Global Market for Center Pivot Irrigation Systems?

The Global Market for Center Pivot Irrigation Systems was estimated to be valued at $1.6 Billion in 2020.

What is the growth rate of the Global Market for Center Pivot Irrigation Systems?

The growth rate of the Global Market for Center Pivot Irrigation Systems is 13.6%, with an estimated value of $3.9 Billion by 2027.

What is the forecasted size of the Global Market for Center Pivot Irrigation Systems?

The Global Market for Center Pivot Irrigation Systems is estimated to be worth $3.9 Billion by 2027.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown