Increasing usage of cereals in animal feed propels the Global Center Pivot Irrigation Systems Market
Market overview:
The global Center Pivot Irrigation Systems Market is estimated to reach a valuation 1734 million US dollars by 2020 and also develop at a CAGR of 14.9% during the conjecture period of 2020 to 2025.
The Center Pivot Irrigation Systems are having a great significance since the unirrigated lands are being converted into mechanized irrigation, shrinking arable land.

Market Drivers and Restrains:
Factors such as rise in population coupled with water scarcity issues and increasing need for higher yield and better-quality crops drives the growth of Global Center Pivot Irrigation Systems market revenue. Increased trend from flood irrigation system and advantages over conventional irrigation systems are some other driving factors that helps the growth rate of Center Pivot Irrigation Systems market. However, high initial investments required for installation is one of the major restraints that hinders the expansion of the Center Pivot Irrigation Systems business revenue.

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Report is segmented as:
The Center Pivot Irrigation Systems market is segmented by field size, crop type, mobility and components.
By field type, the market is segmented into small field, medium field and large field. By crop type, the market is segmented into cereals, oilseeds and pulses. By mobility, the market is bifurcated into stationary and mobile. By components, the market of center pivot irrigation system is separated into pivot points, control panels, span, sprinkler drop, tower drive vehicles, drive train.

Geographical Segmentation:
The global central pivot irrigation system market was dominated by North America region owing to increase in demand as well as spike in investments by the major players in the region. North America region is also expected to hold the dominance of the market over the outlook period. Europe holds the second largest share of the market due to the increasing demand from the local agricultural sector.

COVID-19 impact on Center Pivot Irrigation Systems Market
The COVID-19 pandemic has affected the global central pivot irrigation system market. The virus has forced many companies in the market to halt manufacturing and production operations which in turn resulted huge losses for them. As per the analysis, the center pivot irrigation systems market is expected to record an increase in revenue owing to the huge investments by the companies and increasing demand in farming industry of all the regions.

Key market players:
Major players of Center Pivot Irrigation Systems market include T-L Irrigation Company (U.S.), Limited (China), Bauer GmbH, Roehren- und-Pumpenwork (Austria), Alkhorayef Group (Saudi Arabia), Reinke Manufacturing Company, Incorporated (U.S.), Lindsay Corporation (U.S.), Valmont Industries, Incorporated (U.S.), Rainfine (Dalian) Irrigation Company and Grupo Fockink (Brazil).

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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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