- Fruits and Vegetable
- Cereals and Grains
- Pulses and Oilseeds
- Turf and Ornamental
- Flowers and Others
Latin America Center Pivot Irrigation Systems Market size is valued at USD 209.12 million in 2021 and is expected to reach USD 576.29 million by 2028, at a CAGR of 15.5% during the forecast period 2022-2028. Center pivot irrigation is known as central pivot irrigation or circle irrigation or waterwheel irrigation. Center pivot irrigation method is crop irrigation method in which an equipment is rotated around the pivot by watering the crops with the help of sprinklers. Earlier, most of the center pivot systems are water powered while currently most of them are propelled by electric motors. Center pivot irrigation system was invented by Farmer Frank Zybach from Colorado in 1940. Center pivot irrigation system was recognized as most preferable method of enhancing distribution of water to the whole crop in the fields.Â this report studies Latin America market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The Latin AmericaÂ Market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Latin America Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).
Fastest Growing Market
DRIVERS : Demand for high-quality crops is increasing. Government spending, subsidies, and programmes are all increasing. Water is used more efficiently. In comparison to traditional irrigation systems, there are high returns on investment. Water management effectiveness RESTRAINTS : A lack of awareness. The initial setup costs a lot of money. Maintenance is difficult.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.