Middle east and africa center pivot irrigation systems market to grow at cagr of 15.263% by 2021 2017-08-31 convert inr to usd

.

The Middle East and Africa Center Pivot Irrigation Systems Market was worth $73.09 million in 2016 and estimated to be growing at a CAGR of 15.263%, to reach $148.69 million by 2021 market futures cnbc. 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 the rain fed crops.

Center Pivot Irrigation is a method of crop irrigation in which the equipment is made to rotate around a fixed pivot and the crop are watered by the sprinklers euro chart 2016. Center Pivot Irrigation System consumes less water than other irrigation techniques and is less labour intensive as well eur usd historical chart. Thus, CPI systems are growing significantly in most regions of the world lately.

Some of the drivers for 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 labour intensive for the most part and additionally because of the lack of subsidies for the CPI systems thus requiring high initial investments currency converter usd to rm. Further, the systems require continuous maintenance and the currency exchange rates are highly unfavourable, thus creating more restraints in the growth of center pivot irrigation systems.

The Middle East & Africa market for center pivot irrigation systems are classified under field types as large fields, medium field and small fields gender differences in language. The market is segmented by crop type under Cereals & Grains, Oilseeds & Pulses and other Crop Types usd to aed. Further, based on mobility the market is segmented under stationary and mobile center pivot irrigation systems, and based on component the segmentation is done under Spans, Pivot Points, Drive Trains, Control Panels and Sprinkler Drops usd to zwd. The cereal crops segment accounted for the highest revenue followed by the oilseeds and pulses segment latest exchange rate pound to euro. Intensive growth in cereal crop demands and use of cereal in animal feed and biofuels drive the application of center pivot irrigation systems in cereal crops gender identity test. When taking field type into consideration, the large field segment accounted for the largest market share in 2016. Center pivot irrigation systems are widely employed in large fields, the reason being high returns of investment and reduced cost per acre. In mobility category, the stationary center pivot irrigation systems have a larger market share compared to the mobile systems, due to the feasibility and ease of use of stationary systems in large fields. On the basis of geography, the Middle East & Africa market is analysed under two regions namely Middle East and Africa.

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 euro conversion to usd. Ltd, Pierce Corporation Ltd., Bauer GmbH , Rainfine (Dalian) Irrigation Co.

Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.


banner