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Global Irrigation Pivots Market is projected to grow at a CAGR of 8.8% forcasted for period from 2024 to 2031
The "Irrigation Pivots Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Irrigation Pivots market is expected to grow annually by 8.8% (CAGR 2024 - 2031).
This entire report is of 106 pages.
Irrigation Pivots Introduction and its Market Analysis
Irrigation Pivots are automated irrigation systems used in agriculture to efficiently water crops. The market for Irrigation Pivots is driven by factors such as increasing demand for food due to population growth and the need for efficient water usage in agriculture. Major companies operating in this market include BAUER, Rainfine Irrigation Company, and Lindsay Corporation. The report highlights that the Irrigation Pivots market is projected to witness significant revenue growth in the coming years. The findings suggest that adopting advanced technology and expanding product offerings will be crucial for companies to stay competitive in the market. Recommendations include investing in research and development to innovate new and improved irrigation pivot systems.
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The Irrigation Pivots market is experiencing growth due to increasing demand for efficient water management in agriculture. The market is segmented by type into Mobile and Fixed pivots, with applications in Farm, Orchard, and Other sectors. Regulatory and legal factors specific to market conditions include government policies on water usage and environmental regulations. Farmers are increasingly adopting irrigation pivots for their ability to conserve water and improve crop yields. As the market continues to expand, companies are focusing on developing advanced technologies to enhance the efficiency and effectiveness of irrigation systems. Overall, the Irrigation Pivots market presents opportunities for growth and innovation in the agricultural sector.
Top Featured Companies Dominating the Global Irrigation Pivots Market
The irrigation pivots market is highly competitive with players such as BAUER, Rainfine Irrigation Company, Lindsay Corporation, IRRIFRANCE, Otech ., Irriland, RKD Pivot, Opal Pivot, Lindsay Europe, Reinke Manufacturing Company, T-L Irrigation Company, Valley Irrigation, and Zoomlion Heavy Machinery Co. operating in this space. These companies offer a range of irrigation pivot systems that cater to the needs of different agricultural settings.
These companies play a crucial role in helping to grow the irrigation pivots market by providing innovative and technologically advanced solutions that help farmers optimize their irrigation processes. They offer a wide range of pivot irrigation systems that are efficient, reliable, and easy to use, helping farmers increase their crop yield while reducing water and energy consumption.
Some of the key players in the irrigation pivots market such as Lindsay Corporation, Reinke Manufacturing Company, and Valley Irrigation generate significant sales revenue. For example, Lindsay Corporation reported sales revenue of $490.9 million in 2020, while Reinke Manufacturing Company reported sales revenue of $350 million in the same year. These companies continue to invest in research and development to introduce new products and technologies that further drive the growth of the irrigation pivots market.
Overall, the companies operating in the irrigation pivots market play a crucial role in helping farmers improve their irrigation practices, increase crop yield, and conserve resources. Their innovative solutions and commitment to sustainability contribute to the growth of the irrigation pivots market, making it an essential component of modern agriculture.
- BAUER
- Rainfine Irrigation Company
- Lindsay Corporation
- IRRIFRANCE
- Otech S.A.S.
- Irriland
- RKD Pivot
- Opal Pivot
- Lindsay Europe
- Reinke Manufacturing Company
- T-L Irrigation Company
- Valley Irrigation
- Zoomlion Heavy Machinery Co.
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Irrigation Pivots Market Analysis, by Type:
- Mobile
- Fixed
Mobile irrigation pivots are movable systems that can be easily transported and set up in different locations to irrigate large areas of land. Fixed irrigation pivots are stationary systems that cover a specific area and provide a consistent and uniform watering pattern.
Both types of irrigation pivots help in boosting the demand of the market by offering efficiency, flexibility, and convenience to farmers. Mobile pivots allow for irrigation in multiple fields, while fixed pivots provide reliable and consistent watering without the need for constant adjustment. This variety of options caters to different farming needs and increases the overall demand for irrigation pivot systems.
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Irrigation Pivots Market Analysis, by Application:
- Farm
- Orchard
- Other
Irrigation pivots are commonly used in farms, orchards, and other agricultural settings to efficiently distribute water to crops. In farms, they help ensure consistent watering across large fields, improving crop yield. In orchards, they can be customized to follow the contours of the land and deliver water to fruit trees at the right times. The fastest-growing application segment in terms of revenue is likely in precision agriculture, where advanced technology is being used to optimize water usage and increase productivity in farming operations. Overall, irrigation pivots play a vital role in modern agricultural practices.
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Irrigation Pivots Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The Irrigation Pivots market is experiencing significant growth in various regions around the world. In North America, the United States and Canada are dominant players in the market. In Europe, Germany, France, the ., Italy, and Russia are expected to witness steady growth. Asia-Pacific countries such as China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia are also driving market expansion. Latin American countries like Mexico, Brazil, Argentina, and Colombia are seeing a rise in adoption of irrigation pivots. In the Middle East & Africa region, Turkey, Saudi Arabia, and the UAE are leading the market growth. The market share percent valuation is projected to be highest in North America and Europe, followed by Asia-Pacific and Latin America. The expected market share of the Irrigation Pivots market in different regions is estimated to range from 20-30% in North America, 15-25% in Europe, 10-20% in Asia-Pacific, 5-15% in Latin America, and 5-10% in the Middle East & Africa.
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