Market Data Forecast

High Yields and Water Inadequacy Drives Europe's Center Pivot Irrigation Systems Market.

The Europe Center Pivot Irrigation Systems Market was worth $228 million in 2016 and estimated to be growing at a CAGR of 14.37%, to reach $446 million by 2021.

 

Hyderabad, India -- (SBWIRE) -- 03/10/2018 -- Center pivot irrigation systems improve the general potency of irrigation systems. Besides making the availability to provide water, these systems are accustomed to providing fertilizers, herbicides, and chemicals. Irrigation is disbursed by means of a mechanical device, rotating around a pivot, therefore covering larger grounds. The system creates a circular irrigation pattern. With advancements in technology, the most recent center pivot irrigation systems are compact in size and power-driven by electrical motors, leading to the availability of water for irrigation at a way larger force.

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The Europe Center Pivot Irrigation Systems market is estimated to have a value of USD 228 million in 2016. With a CAGR of 14.3%, the market size is expected to grow rapidly to cross USD 446 million by 2021.

Rising demand for higher yield and increasing water inadequacy in most of the regions of the planet. Water inadequacy incorporates an immense impact on the assembly of food.

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The large field section is predicted to grow quickest as with the increase in field size, the irrigation value per acre reduces the utilization of center pivot irrigation systems. The necessity of labor in center pivot systems is far lower than different sorts of irrigation systems so, on giant fields, the utilization of pivot systems becomes additional economical.

Cereals accounted for the biggest share of the appliance of center pivot irrigation systems in 2015. Beneath this class, corn and wheat contributed the key share for the usage of center pivot irrigation systems. Cereals contributed majorly to the high market share of this section, primarily owing to the demand for cereals by increasing population and its use in animal feed.

Europe Center Pivot Irrigation Systems market is second biggest and is anticipated to grow with a high CAGR in the forecast period. Advancement in technologies and different agricultural practices are the factors helping the market to increase its size.
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The major market contributors for the Europe Center Pivot Irrigation Systems market are 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.

Browse Related Topics:
Micro Irrigation System Market- https://www.marketdataforecast.com/market-reports/global-micro-irrigation-systems-market-1341/
Greenhouse Irrigation Systems Market- https://www.marketdataforecast.com/market-reports/global-greenhouse-irrigation-systems-market-1811/

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