Global Center pivot irrigation system market 2021-2028
|出版日期||內容資訊||英文 180 Pages
|中心支軸式噴灌灌溉系統的全球市場(2021年∼2028年) Global Center pivot irrigation system market 2021-2028|
|出版日期: 2021年06月17日||內容資訊: 英文 180 Pages||
Irrigation is considered as one of the most delicate practices of agriculture. Center pivot irrigation is a mechanized irrigation model that provide crop irrigation in circular pattern centered on a fixed pivot. The integral parts of central pivot irrigation system include a radial pipe, a control panel and sprinkler package. Also, a control panel, drive units and tower boxes are assembled for proper operation and support to the system.
The global central pivot irrigation systems market valued USD XX billion in 2020 and is estimated to reach USD XX billion by 2028, at a CAGR of XX%
Source: DataM Intelligence Analysis
Proper supply of water to crops in adequate levels pose significant impact on the yield and overall quality of the produce. Moreover, the depleting water resources for farm practices is increasing the need for efficient irrigation methods across the globe. The groundwater level in India has declined by 61% between 2007 and 2017, according to Fifth Minor Irrigation Census. Center pivot irrigation systems evolved as the most effective irrigation system owing to its economical, uniformity in irrigation, and capability of fertigation properties
The potential benefits of these systems such as effective water utilization, quick irrigation, reduction of labor, and resulted economic benefits are promoting the demand for center pivot irrigation systems globally. The increasing focus towards farm mechanization and advanced farming technologies is supporting the growth of center pivot irrigation systems. According to Indian Journal of Agricultural Sciences, 90% of the total farm power in India is contributed by mechanical and electrical power sources. Several agritech companies and research institutes are involved in development of real-time monitoring platforms for center pivot systems that enhance the performance and reduce operational complexes. This is likely to promote the market growth in future. GSM based Automatic Irrigation Control System for the efficient use of resources and crop planning by use in Android mobile in India was proposed in a research article published in IJTSRD.
However, the high initial costs associated with procurement, installation and maintenance of these systems is the primary factor hindering the sales of center pivot irrigation systems. It could cost as high as approximately $325 per acre for larger fields and $500 to $1,000 for smaller fields. Linear move machines cost 50 percent more than the same length pivot, with cost per acre depending on field length.
While the global trade came to halt during the lockdowns imposed to control the spread of novel coronavirus, the food and agriculture industry has been impacted by severe freight challenges. Most of the food categories witnessed decline in sales volume due to lack of demand and supply chain disruptions. Agriculture being the largest market segment for center pivot irrigation systems, had a huge negative impact on the market. The decline in agriculture industry meant the heavy initial investments, required for the center pivot irrigation systems, were not possible to be met, which resulted in the lack of sales in the markets severely affected by the pandemic, like USA, Europe, which also happens to be dominant markets for the center pivot irrigation system. However, urbanization and growing food demand across the globe will inevitably drive the market once the pandemic comes to an end.
The global center pivot irrigation systems market is segmented by end use into agricultural and non-agricultural applications. Agriculture is by far the largest segment holding about 85% of the global market. The large farm communities of the U.S. (an average of 444 acres in 2020), Europe and developing nations of Asia Pacific region are tending towards these irrigation systems for water and cost-effective farming.
By geography, North America is the largest market for center pivot irrigation systems market with a share of neatly 40% in global sales value in 2020. The large-scale adoption of this irrigation method in large farms of the U.S. is the major factor driving the market growth in this region. Most of the arable land in the country is operated as large farms and the average size of farmland is increasing. Considering According to USDA, the average farm size in U.S. reached 444 acres in 2020, up 3 acres from 2017.
Although India and China are dominant in agriculture industry, the high fixed costs of center pivot irrigation systems mean the return on investment is quite low in the smaller farmlands of India and China, 2.66 and 1.6 acres respectively. However, the projected decrease in agriculture workforce due to urbanization and rising food demand will likely result in growth of center pivot irrigation systems market in these regions. For instance, it is estimated that the percentage of farm workers of total work force would reduce to 49.9% in 2033 and 25.7% in 2050 from 54.6% in 2011 in India
Global Central Pivot Irrigation Systems Market Value Share (%), By Geography, 2020
The global center pivot irrigation systems market is consolidated with top 5 companies accounting for over 50% of global sales. Valmont Industries, Inc., Lindsay Corporation, Rainfine, and T-L Irrigation Company are dominating the global central pivot irrigation systems market. These companies are focusing towards integration of turnkey farm management solutions in their portfolio. For instance, In January 2020, Valmont Industries, Inc. acquired AgSense LLC, a U.S. based farm technology firm that provides remote management agricultural solutions for farm practices. The growing penetration of data-driven technologies in agriculture, which will enable automation and make identifying requirements for the crop easier, is likely to mark significant developments in the center pivot irrigation systems market
Lindsay Corporation, formerly known as Lindsay Manufacturing Co., is an irrigation and infrastructure company, based in the U.S. state of Nebraska. Lindsay's irrigation division has systems operating in more than 90 countries and has 1609 employees in 17 office locations across 10 countries.
center pivot & lateral move irrigation systems
wireless irrigation management
irrigation consulting & design
wireless networking & broadband systems integration
road safety products
Other key players in the market include Pierce Corporation, Vodar (Tianjin) Co., Ltd, Bauer GmbH, Alkhorayef Group, ONEAQUA GmbH, Reinke Manufacturing Co., Inc.,
Table of Contents