TechDogs-"Global Center Pivot Irrigation Systems Market To Reach $9 Billion By 2030, Driven By Growing Demand In Cereals & Grains Segment"

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Global Center Pivot Irrigation Systems Market To Reach $9 Billion By 2030, Driven By Growing Demand In Cereals & Grains Segment

By PR Newswire

PR Newswire
Overall Rating

DUBLIN, July 27, 2023 /PRNewswire/ -- The "Center Pivot Irrigation Systems: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

The global market for Center Pivot Irrigation Systems estimated at US$3.2 Billion in the year 2022, is projected to reach a revised size of US$9 Billion by 2030, growing at a CAGR of 13.8% over the analysis period 2022-2030.

Cereals & Grains, one of the segments analyzed in the report, is projected to record 14.6% CAGR and reach US$4.6 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Oilseeds & Pulses segment is readjusted to a revised 13.9% CAGR for the next 8-year period.


The U.S. Market is Estimated at $842.1 Million, While China is Forecast to Grow at 17.9% CAGR

The Center Pivot Irrigation Systems market in the U.S. is estimated at US$842.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2030 trailing a CAGR of 17.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.6% and 11.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.6% CAGR.

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.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Center Pivot Irrigation Systems - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/x30a9a

About ResearchAndMarkets.com

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View original content:https://www.prnewswire.com/news-releases/global-center-pivot-irrigation-systems-market-to-reach-9-billion-by-2030-driven-by-growing-demand-in-cereals--grains-segment-301887354.html


SOURCE Research and Markets

First published on Fri, Jul 28, 2023

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