Europe Center Pivot Irrigation Systems Market

Europe Center Pivot Irrigation Systems Market Size (2023 to 2028)

Europe's central pivot irrigation systems market is worth USD 454.76 million in 2023 and is to reach a valuation of USD 889.92 million by 2028, growing at a CAGR of 14.37% during the forecast period.

The market is showcasing evident potential in the mentioned forecast period due to the abundance of unirrigated lands being converted to mechanized irrigation, shrinking arable land, and higher production compared to rain-fed crops.

Center Pivot Irrigation is a method of crop irrigation that involves several pipes joined together around a fixed pivot and the crop is watered by the sprinklers. Center Pivot Irrigation System saves water over other irrigation techniques and costs less for labor. Thus, CPI systems are gaining interest in most regions of the world lately.

Factors influencing the growth of the center pivot irrigation systems market include efficiency in water resource usage in case of droughts, rising requirements of high-yielding and better-quality crops, technological enhancements in the CPI systems, and high returns on investments as compared to alternative irrigation systems.

The center pivot irrigation systems are facing challenges mainly due to the lower demands from the economies which are labor-intensive for the most part and additionally because of the lack of subsidies for the CPI systems thus requiring high initial investments. Furthermore, the systems require continuous maintenance, and the currency exchange rates are highly unfavorable, thus creating more restraints in the growth of center pivot irrigation systems.

This market research report on the European center pivot irrigation systems market is segmented and sub-segmented into the following categories.

Europe Center Pivot Irrigation Systems Market – By Field Type:

• Large Fields
• Medium Field
• Small Fields

Europe Center Pivot Irrigation Systems Market – By Crop Type:

• Cereals & Grains
• Oilseeds & Pulses
• Other Crop Types

Europe Center Pivot Irrigation Systems Market – By Mobility:

• Stationary
• Mobile Center Pivot Irrigation Systems

Europe Center Pivot Irrigation Systems Market – By Component:

• Spans
• Pivot Points
• Drive Trains
• Control Panels
• Sprinkler Drops

The cereal crops segment accounted for the highest revenue followed by the oilseeds and pulses segment. Intensive growth in cereal crop demands and the use of cereal in animal feed and biofuels drive the application of center-pivot irrigation systems in cereal crops. When considering field type, the large field segment accounted for the largest market share in 2022. Center pivot irrigation systems are widely employed in large fields, the reason being high returns of investment and reduced cost per acre. In the mobility category, stationary center pivot irrigation systems have a larger market share compared to mobile systems due to the feasibility and ease of use of stationary systems in large fields.

Europe Center Pivot Irrigation Systems Market – By Country:

• United Kingdom
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Rest of Europe

KEY MARKET PLAYERS:

Some of the market leaders of the CPI systems market include 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.