The North America Center Pivot Irrigation Systems Market was worth $610.43 million in 2021 and estimated to be growing at a CAGR of 14.31%, to reach $1011 .38 million by 2026. The market is showcasing evident potential in the mentioned forecast period due to the abundance of unirrigated lands being converted to mechanized irrigation, shrinking arable land, and higher production compared to the rain-fed crops.
Center Pivot Irrigation is a crop irrigation method in which the equipment rotates around a fixed pivot and the crop is watered through the sprinklers. Center Pivot Irrigation System generally uses less water than other irrigation techniques and is less labor-intensive. Thus, CPI systems are gaining popularity in most regions of the world recently.
Drivers and Restraints:
The factors affecting the growth of the center pivot irrigation systems market include efficiency in water resource usage in case of droughts, rising requirements of high-yielding and better quality crops, technological enhancements in the CPI systems, and high returns on investments as compared to alternative irrigation systems. The center pivot irrigation systems are facing challenges mainly due to the lower demands from the economies which are labor-intensive for the most part and additionally because of the lack of subsidies for the CPI systems thus requiring high initial investments. Further, the systems require continuous maintenance, and the currency exchange rates are highly unfavorable, thus creating more restraints in the growth of center pivot irrigation systems.
large fields
The cereal crops segment accounted for the highest revenue followed by the oilseeds and pulses segment. Intensive growth in cereal crop demands and use of cereal in animal feed and biofuels drive the application of center pivot irrigation systems in cereal crops. When taking field type into consideration, the large field segment accounted for the largest market share in 2016. Center pivot irrigation systems are widely employed in large fields, the reason being high returns of investment and reduced cost per acre. In the mobility category, the stationary center pivot irrigation systems have a larger market share compared to the mobile systems, due to the feasibility and ease of use of stationary systems in large fields.
Geographical Analysis:
On the basis of geography, the North America market is analyzed under two countries namely United States and Canada.
Key Players:
Some of the market leaders of the CPI systems market include T-L Irrigation Company, Netafim Limited, RoEhren- Und Pumpenwerk, Lindsay Corporation, Valmont Industries, Alkhorayef Group, , Reinke Manufacturing Company Inc., Grupo Fockink, Vodar (Tianjin) Co. Ltd, Pierce Corporation Ltd., Bauer GmbH, Rainfine (Dalian) Irrigation Co.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Crop type
5.1.1 Introduction
5.1.2 Cereals & Grains
5.1.3 Oilseeds & Pulses
5.1.4 Other Crop types
5.1.5 Y-o-Y Growth Analysis, By Crop type
5.1.6 Market Attractiveness Analysis, By Crop type
5.1.7 Market Share Analysis, By Crop type
5.2 Field size
5.2.1 Introduction
5.2.2 Small Fields
5.2.3 Medium Fields
5.2.4 Large Fields
5.2.5 Y-o-Y Growth Analysis, By Field size
5.2.6 Market Attractiveness Analysis, By Field size
5.2.7 Market Share Analysis, By Field size
5.3 Mobility
5.3.1 Introduction
5.3.2 Stationary
5.3.3 Mobile
5.3.4 Y-o-Y Growth Analysis, By Mobility
5.3.5 Market Attractiveness Analysis, By Mobility
5.3.6 Market Share Analysis, By Mobility
5.4 Components
5.4.1 Introduction
5.4.2 Spans
5.4.3 Pivot Points
5.4.4 Drive Trains
5.4.5 Control Panels
5.4.6 Sprinkler Drops
5.4.7 Y-o-Y Growth Analysis, By Components
5.4.8 Market Attractiveness Analysis, By Components
5.4.9 Market Share Analysis, By Components
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Crop type
6.1.3.3 By Field size
6.1.3.4 By Mobility
6.1.3.5 By Component
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Crop type
6.1.4.3 By Field size
6.1.4.4 By Mobility
6.1.4.5 By Component
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Crop type
6.1.5.3 By Field size
6.1.5.4 By Mobility
6.1.5.5 By Component
6.2 United States
6.3 Canada
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 T-L Irrigation Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Netafim Limited
8.3 RoEhren- Und Pumpenwerk
8.4 Lindsay Corporation
8.5 Valmont Industries
8.6 Alkhorayef Group
8.7 Reinke Manufacturing Company Inc.
8.8 Grupo Fockink
8.9 Vodar (Tianjin) Co. Ltd
8.10 Pierce Corporation Ltd.
8.11 Bauer GmbH
8.12 Rainfine (Dalian) Irrigation Co.
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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