Russia Center Pivot Irrigation Systems Market

SKU: DMAG2322 | Last Updated On: Oct 26 2022 | Available Formats

> Russia Center Pivot Irrigation Systems Market Expected to reach a high CAGR by 2029: DataM Intelligence

Russia Center Pivot Irrigation Systems Market is segmented By Type (Stationary, 3 Mobile), By Component (Span, Drive Tarin, Control Panel, Sprinkler Package, Pivot Point, Others), By End-Use (Agriculture, Non - Agriculture), and By Region (Moscow, Saint Petersburg, Novosibirsk, Nizhny Novgorod, Rest of Russia) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

The Russia Center Pivot Irrigation Systems Market initial value of USD 39.63 million in 2019. The market is growing at a high CAGR during the forecast period (2022-2029).

Russia Center Pivot Irrigation Systems Market - Strategic Insights

Metrics

Details

Market CAGR

High

Segments Covered

By Type, By Component, By End-Use and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Irrigation is considered one of the most delicate practices of agriculture. A proper supply of water to crops at adequate levels poses a significant impact on the produce's yield and overall quality.

Moreover, the depleting water resources for farm practices increase the need for efficient irrigation methods worldwide.

Center pivot irrigation systems evolved as the most effective irrigation system owing to their economy, uniformity in irrigation, and capability of fertigation properties.

Center pivot irrigation is a mechanized irrigation model that provides crop irrigation in a circular pattern centered on a fixed pivot.

The central pivot irrigation system's integral parts include a radial pipe, a control panel, and a sprinkler package.

Also, a control panel, drive units, and tower boxes are assembled for proper operation and support.

These systems' potential benefits, such as effective water utilization, quick irrigation, reduction of labor, and resulting economic benefits, are promoting the demand for center pivot irrigation systems across Russia during the forecast period.

Farm mechanization can play a significant role in decreasing labor hard work and increasing efficiency in farm operations.

Additionally, the high presence of football and landscaping organizations and shift in trend towards low-human interactive irrigation equipment for day-to-day activities by replacing the traditional sprinkler systems drive the center pivot irrigation systems in Russia during the forecast period.

The high initial cost of the systems, availability of microstructure with similar efficiency are major factors hindering the growth of the center pivot irrigation systems market across Europe during the forecast period.

The key companies operating in the Russia center Pivot irrigation systems market include Valmont Industries, Inc., Net Irrigate, LLC, Jinan Hussong Machinery, T-L Irrigation Co others.

The key companies in the Russia center pivot irrigation systems market focus on improving their market presence in the high developing countries such as Ukraine and Russia through local production and distribution facilities.

In April 2015, Lindsay Corporation launched a new center pivot manufacturing and distribution facility in Turkey to expand its service in Middle-east and countries such as Russia, Ukraine, and many other CIS.

Market Dynamic

These systems' potential benefits such as effective water utilization, quick irrigation, reduction of labor, and resulting economic benefits are promoting the demand for center pivot irrigation systems across Russia.

Farm mechanization can play a significant role in decreasing labor hard work and increasing efficiency in farm operations.

The increasing focus on farm mechanization and advanced farming technologies support the growth of center pivot irrigation systems.

Increasing government regulations and government assistance programs to modernize the agriculture and irrigation process raise the demand for center-pivot irrigation systems.

As a result, farmers shift toward farm mechanization by using center-pivot irrigation systems to gain efficiency and effectiveness in irrigation and crop production.

Increasing technological advancements in the design of advanced irrigation machinery have improved farmers' overall output efficiency and are a key aspect fueling novel center-pivot irrigation systems' demand.

Market Segmentation

The Russia center pivot irrigation systems market is segmented by end-use into agricultural and non-agricultural applications.

The agriculture segment in Russia's center pivot irrigation systems market value is estimated to reach USD XX Million by 2026 from the initial value of USD XX Million in 2018. The market is growing at a CAGR of XX% during the forecast period (2019-2026).

Agriculture is by far the largest segment holding about 85% of the Russia center pivot irrigation systems market. Center-pivot irrigation systems apply to almost all crops, including arable crops, vegetables, and fruit trees. Water application efficiency ranges up to 80%, depending on management and designed installation in the field.

The high-pressure systems have an average efficiency of 60% due to water losses from evaporation, wind, and drift. Combined with installing end-gun controls, the retrofitting pivot has increased water usage efficiency to 80-90% in agricultural practices.

Center-pivot irrigation systems in agriculture applications provide technical and economic benefits, including precise application, reduced availability, lower labor requirements, fertigation opportunities, less land forming, and many others.

 Increasing demand for high-efficiency irrigation systems for agricultural practices for reduced water consumption and increased productivity through minimal investments boosts the utilization of center pivot irrigation systems in agricultural applications across Russian countries during the forecast period.

The farming communities worldwide are increasingly inclined to develop future sustainable technologies for irrigation activities to boost the center pivot irrigation systems across Russia during the forecast period.

Competitive Landscape

Valmont Industries, Inc., Lindsay Corporation, Rainfine, and T-L Irrigation Company dominate the Russian central pivot irrigation systems market.

These companies are focusing on the integration of turnkey farm management solutions in their portfolio.

For instance, Valmont Industries, Inc. has acquired U.S.-based AgSense LLC that develops remote management solutions for farm practices.

 The growing penetration of data-driven technologies in agriculture is likely to mark significant developments in the center pivot irrigation systems market.

Why Purchase the Report?

  • Visualize the composition of the Russia Center Pivot Irrigation Systems Market products across each indication regarding product type and application, highlighting the critical commercial assets and players.
  • Identify commercial opportunities in the Russia Center Pivot Irrigation Systems Market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of Russia Center Pivot Irrigation Systems Market-level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

Target Audience

  • Industry Investors/Investment Bankers
  • Suppliers/Buyers
  • Education & Research Institutes
  • Manufacturers
  • Research Professionals
  • Emerging Companies
  • Distributors

FAQ

Frequently Asked Questions

What is the Projected CAGR value of the Russia Center Pivot Irrigation Systems Market ?

Russia Center Pivot Irrigation Systems Market  is expected to grow at a CAGR of High during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the Russia Center Pivot Irrigation Systems Market  during 2022-2029.

Which is the fastest growing region in the Russia Center Pivot Irrigation Systems Market ?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period.

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