Global Center Pivot Irrigation System Market Overview
Center Pivot Irrigation System Market Size was estimated at 6.59 (USD Billion) in 2022. The Center Pivot Irrigation System Industry is expected to grow from 6.95(USD Billion) in 2023 to 11.3 (USD Billion) by 2032. The Center Pivot Irrigation System Market CAGR (growth rate) is expected to be around 5.55% during the forecast period (2024 - 2032).
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Center Pivot Irrigation System Market Trends Highlighted
Growing food production demand, increased implementation of sustainable irrigation and government’s support to enhance agricultural efficiency are some of the advantages that drive the market for Center Pivot Irrigation System. Emerging markets and innovations in remote monitoring and control systems along with the introduction of precision agriculture, can be considered as growth opportunities. New trends show a reduction in labor costs, more use of automation, and current and potential use of decision support systems. In addition, the need for irrigation systems that are energy efficient and eco-friendly is on the increase; thus more inventions in solar irrigation systems and water conservation technologies.
Center Pivot Irrigation System Market Drivers
Rising Demand for Efficient Irrigation Solutions
The growing concerns over water scarcity and the need for sustainable agricultural practices have led to a surge in the demand for efficient irrigation systems. Center pivot irrigation systems, with their ability to evenly distribute water over large areas, have emerged as a preferred choice among farmers globally. The adoption of these systems is expected to continue at a steady pace, driven by the need to optimize water usage and enhance crop yields.
Center Pivot Irrigation System Market Industry is projected to grow at a significant pace in the coming years. The market is expected to be driven by the increasing demand for food, the need for efficient irrigation systems, and the government initiatives to promote sustainable agriculture. The increasing demand for food is a major factor driving the growth of the Center Pivot Irrigation System Market Industry. The world's population is growing rapidly, and the demand for food is increasing accordingly.
This is putting pressure on farmers to produce more food, and center pivot irrigation systems can help them to do this by providing a more efficient way to water their crops. Center pivot irrigation systems are also becoming increasingly popular because they are more efficient than traditional irrigation methods. Traditional irrigation methods, such as flood irrigation and furrow irrigation, can waste a lot of water. Center pivot irrigation systems, on the other hand, use a rotating arm to distribute water evenly over a field, which reduces water loss.
This can be a significant benefit for farmers in areas where water is scarce. Government initiatives are also promoting the growth of the Center Pivot Irrigation System Market Industry. Many governments are offering subsidies and other incentives to farmers who install center pivot irrigation systems. This is because center pivot irrigation systems can help to conserve water, which is a valuable resource. The Center Pivot Irrigation System Market Industry is expected to grow at a significant pace in the coming years.
The market is expected to be driven by the increasing demand for food, the need for efficient irrigation systems, and the government initiatives to promote sustainable agriculture.
Technological Advancements and Innovation
The center pivot irrigation system market is witnessing continuous advancements in technology, which are making these systems more efficient, precise, and user-friendly. The integration of sensors, automation, and data analytics is enabling farmers to optimize irrigation schedules, monitor crop health, and make informed decisions. These technological advancements are contributing to the growing adoption of center pivot irrigation systems and are expected to drive market growth in the coming years.
Center Pivot Irrigation System Market Industry is expected to grow at a significant pace in the coming years. The market is expected to be driven by the increasing demand for food, the need for efficient irrigation systems, and the government initiatives to promote sustainable agriculture. .
Government Support and Subsidies
Governments worldwide are recognizing the importance of sustainable agriculture and water conservation. They are actively supporting the adoption of center pivot irrigation systems through subsidies, incentives, and favorable policies. This support is expected to continue in the future, providing a significant boost to the growth of the center pivot irrigation system market. Center Pivot Irrigation System Market Industry is expected to grow at a significant pace in the coming years.
The market is expected to be driven by the increasing demand for food, the need for efficient irrigation systems, and the government initiatives to promote sustainable agriculture.
Center Pivot Irrigation System Market Segment Insights
Center Pivot Irrigation System Market Flow Rate Insights
The Center Pivot Irrigation System Market is segmented by flow rate into low flow (less than 1,000 GPM), medium flow (1,000 to 3,000 GPM), and high flow (over 3,000 GPM). Among these segments, the medium flow segment is expected to hold the largest market share in 2023, accounting for around 40% of the market revenue. This dominance is attributed to the rising adoption of medium flow systems in regions with moderate water availability and land constraints. The high flow segment is projected to witness the fastest growth over the forecast period, expanding at a CAGR of 6.2% from 2024 to 2032.
This growth is driven by the increasing demand for high-capacity irrigation systems in large-scale farming operations, particularly in water-scarce regions. The low flow segment is anticipated to maintain a steady growth rate throughout the forecast period, with a CAGR of 5.8%, owing to its cost-effectiveness and suitability for small-scale farming operations. The market growth for all flow rate segments is influenced by factors such as increasing food demand, rising water scarcity, government initiatives to promote sustainable agriculture, and technological advancements in irrigation systems.
The adoption of precision irrigation techniques and automation is further expected to drive market growth in the coming years.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Center Pivot Irrigation System Market Pivot Length Insights
The Center Pivot Irrigation System Market is segmented by Pivot Length into Short (less than 1,000 feet), Medium (1,000 to 2,000 feet), and Long (over 2,000 feet). Among these segments, the Medium Pivot Length segment is expected to hold the largest market share in 2024, accounting for around 45% of the Center Pivot Irrigation System Market revenue. The increasing adoption of center pivot irrigation systems in regions with moderate-sized farms is driving the growth of this segment. Additionally, the Medium Pivot Length segment is expected to witness significant growth in emerging markets, where farmers are looking for cost-effective and efficient irrigation solutions.
Center Pivot Irrigation System Market Power Source Insights
The Center Pivot Irrigation System Market is segmented by power source into electric, hydraulic, and diesel. Among these, the electric segment is expected to hold the largest market share in 2023, accounting for over 40% of the market. The growth of this segment is attributed to the increasing adoption of electric center pivot irrigation systems due to their energy efficiency and lower operating costs. The hydraulic segment is expected to witness a steady growth rate during the forecast period, owing to its reliability and durability.
The diesel segment is expected to hold a significant market share in regions with limited access to electricity.
Center Pivot Irrigation System Market Control System Insights
The Control System segment of the Center Pivot Irrigation System Market is categorized into Manual, Semi-Automated, and Fully Automated systems. The Fully Automated segment held the largest market share in 2023, owing to its advanced features such as remote monitoring and control, automated scheduling, and data analytics. The Semi-Automated segment is anticipated to exhibit substantial growth over the forecast period, driven by increasing adoption in regions with limited labor availability and the need for improved efficiency. The Center Pivot Irrigation System Market revenue for the Control System segment is projected to reach USD 2.5 billion by 2024, showcasing a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period.
Center Pivot Irrigation System Market Irrigation Application Insights
The Irrigation Application segment is a major contributor to the Center Pivot Irrigation System Market. The increasing adoption of center pivot irrigation systems for various crops is fueling the growth of this segment. Row crops, such as corn, soybeans, and wheat, account for a significant share of the Irrigation Application segment. Center pivot systems provide efficient irrigation for these crops, ensuring optimal yields and reducing water consumption. Field crops, including cotton, alfalfa, and hay, also benefit from center pivot irrigation, which helps improve soil moisture levels and crop quality.
Fruits and vegetables, such as tomatoes, strawberries, and potatoes, require precise irrigation to maintain their quality and freshness. Center pivot systems offer controlled and uniform irrigation, minimizing water stress and maximizing yields. Tree crops, including almonds, citrus fruits, and olives, also benefit from center pivot irrigation, which provides deep root watering and reduces the risk of waterlogging. Lawns and sports fields require consistent irrigation to maintain their aesthetic appeal and functionality. Center pivot systems provide efficient and even irrigation, ensuring a lush and healthy turf.
The increasing demand for high-quality lawns and sports fields is driving the growth of the Irrigation Application segment in this market.
Center Pivot Irrigation System Market Regional Insights
The Center Pivot Irrigation System Market is segmented into North America, Europe, APAC, South America, and MEA. North America is expected to hold the largest market share in 2023, followed by Europe and APAC. The growth in the North American market is attributed to the increasing adoption of precision agriculture technologies and the rising demand for water-efficient irrigation systems. Europe is also expected to witness significant growth due to the increasing government support for sustainable farming practices and the growing awareness of water conservation.
APAC is expected to be the fastest-growing regional market due to the increasing investment in agricultural infrastructure and the rising demand for food production. South America and MEA are also expected to experience growth due to the increasing adoption of center pivot irrigation systems for large-scale farming operations.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Center Pivot Irrigation System Market Key Players And Competitive Insights
Major players in Center Pivot Irrigation System Market industry are focusing on developing innovative products and technologies to meet the growing demand. Leading Center Pivot Irrigation System Market players are investing heavily in research and development to improve the efficiency and productivity of their systems. Some of the key players in the Center Pivot Irrigation System Market include Lindsay Corporation, Valmont Industries, Inc., Reinke Manufacturing, T-L Irrigation, and Zimmatic Global. The Center Pivot Irrigation System Market is expected to witness significant growth in the coming years due to the increasing demand for food production and the need for efficient irrigation systems.
Lindsay Corporation is a leading manufacturer of irrigation systems, including center pivot irrigation systems. The company has a strong presence in the United States, Europe, and Asia. Lindsay Corporation is committed to providing innovative and sustainable irrigation solutions to farmers around the world. The company's center pivot irrigation systems are designed to provide uniform water application and reduce water usage. Lindsay Corporation is also a leading provider of remote monitoring and control systems for irrigation systems.
Valmont Industries, Inc. is another major player in the Center Pivot Irrigation System Market. The company is headquartered in Omaha, Nebraska, and has operations in over 20 countries. Valmont Industries, Inc. is a leading provider of irrigation systems, including center pivot irrigation systems, to farmers around the world. The company's center pivot irrigation systems are designed to provide efficient and uniform water application. Valmont Industries, Inc. is also a leading provider of remote monitoring and control systems for irrigation systems.
Key Companies in the Center Pivot Irrigation System Market Include
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TL Irrigation
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EMT Agricultural Irrigation
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Valley Irrigation
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Hunter Industries
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Komet USA
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Galcon (Subsidiary of Lindsay Corporation)
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Giant Metal Products
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EPC Engineering Technologies
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Bauer France SAS
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NETAFIM (Subsidiary of Orbia)
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Big Dutchman
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Lindsay Corporation
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Otech
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Reinke Manufacturing
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Rivulis Irrigation (Subsidiary of Plastika Kiryat Gat)
Center Pivot Irrigation System Market Industry Developments
The center pivot irrigation system market size was valued at USD 6.95 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 5.55% from 2024 to 2032. Increasing adoption of precision farming techniques, rising demand for food production, and government initiatives to promote water conservation are key factors driving market growth. Growing awareness about the benefits of center pivot irrigation systems, such as improved water efficiency, increased crop yield, and reduced labor costs, is further contributing to market expansion.
Recent developments in the market include the integration of advanced technologies such as sensors, drones, and IoT devices to enhance irrigation efficiency and optimize water usage. Key players are also focusing on developing sustainable and eco-friendly irrigation solutions to address environmental concerns. Mergers and acquisitions, as well as strategic partnerships, are expected to shape the competitive landscape in the coming years.
Center Pivot Irrigation System Market Segmentation Insights
Center Pivot Irrigation System Market Flow Rate Outlook
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Low Flow (less than 1,000 GPM)
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Medium Flow (1,000 to 3,000 GPM)
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High Flow (over 3,000 GPM)
Center Pivot Irrigation System Market Pivot Length Outlook
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Short (less than 1,000 feet)
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Medium (1,000 to 2,000 feet)
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Long (over 2,000 feet)
Center Pivot Irrigation System Market Power Source Outlook
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Electric
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Hydraulic
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Diesel
Center Pivot Irrigation System Market Control System Outlook
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Manual
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Semi-Automated
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Fully Automated
Center Pivot Irrigation System Market Irrigation Application Outlook
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Row Crops
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Field Crops
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Fruits and Vegetables
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Tree Crops
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Lawns and Sports Fields
Center Pivot Irrigation System Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
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Report Attribute/Metric
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Details
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Market Size 2022
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6.59(USD Billion)
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Market Size 2023
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6.95(USD Billion)
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Market Size 2032
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11.3(USD Billion)
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Compound Annual Growth Rate (CAGR)
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5.55% (2024 - 2032)
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Report Coverage
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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
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Base Year
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2023
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Market Forecast Period
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2024 - 2032
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Historical Data
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2019 - 2023
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Market Forecast Units
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USD Billion
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Key Companies Profiled
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TL Irrigation, EMT Agricultural Irrigation, Valley Irrigation, Hunter Industries, Komet USA, Galcon (Subsidiary of Lindsay Corporation), Giant Metal Products, EPC Engineering Technologies, Bauer France SAS, NETAFIM (Subsidiary of Orbia), Big Dutchman, Lindsay Corporation, Otech, Reinke Manufacturing, Rivulis Irrigation (Subsidiary of Plastika Kiryat Gat)
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Segments Covered
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Flow Rate, Pivot Length, Power Source, Control System, Irrigation Application, Regional
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Key Market Opportunities
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Growing population, water scarcity, increasing agricultural productivity, government initiatives, technological advancements
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Key Market Dynamics
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Increasing crop yield, water scarcity, government subsidies, precision farming and technological advancements
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Countries Covered
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North America, Europe, APAC, South America, MEA
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Frequently Asked Questions (FAQ) :
The Center Pivot Irrigation System Market is expected to reach a valuation of USD 11.3 billion by 2032, growing at a CAGR of 5.55% from 2024 to 2032.
North America is expected to dominate the Center Pivot Irrigation System Market throughout the forecast period, owing to the increasing adoption of advanced irrigation technologies and the presence of major market players in the region.
The increasing demand for food production, the need for efficient water management, and government initiatives to promote sustainable agriculture are the key factors driving the growth of the Center Pivot Irrigation System Market.
The field crops segment is expected to account for the largest share of the Center Pivot Irrigation System Market, owing to the increasing demand for food grains and the need for efficient irrigation systems in large-scale farming.
Lindsay Corporation, Valmont Industries, Reinke Manufacturing, Zimmatic, T-L Irrigation, EPC Industries, and Bauer are some of the key competitors in the Center Pivot Irrigation System Market.
The high cost of installation and maintenance, the need for skilled labor, and the environmental concerns associated with water usage are some of the challenges faced by the Center Pivot Irrigation System Market.
The increasing adoption of smart irrigation technologies, the development of new materials and designs, and the expansion into new markets present significant opportunities for growth in the Center Pivot Irrigation System Market.
The Center Pivot Irrigation System Market is expected to grow at a CAGR of 5.55% from 2024 to 2032.
2023 is the base year for the Center Pivot Irrigation System Market forecast.
2032 is the end year for the Center Pivot Irrigation System Market forecast.
