Latin America Center Pivot Irrigation Systems Market Size & Outlook
The center pivot irrigation systems market in Latin America is expected to reach a projected revenue of US$ 450.9 million by 2030. A compound annual growth rate of 10.9% is expected of Latin America center pivot irrigation systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$218.4
Forecast, 2030 (US$M)
$450.9
CAGR, 2024 - 2030
10.9%
Report Coverage
Latin America
Latin America center pivot irrigation systems market highlights
- The Latin America center pivot irrigation systems market generated a revenue of USD 218.4 million in 2023.
- The market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, pivot points was the largest revenue generating component in 2023.
- Pivot Points is the most lucrative component segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 218.4 million |
| Market revenue in 2030 | USD 450.9 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Pivot points |
| Fastest growing segment | Pivot Points |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pivot Points |
| Key market players worldwide | AGCO Corp, Deere & Co, Kubota Corp, CNH Industrial NV, Mahindra & Mahindra Ltd DR, STIHL, DJI, Yamaha Motor Co Ltd, Exel Industries, Buhler Industries Inc, Ecorobotix |
Other key industry trends
- In terms of revenue, Latin America region accounted for 13.5% of the global center pivot irrigation systems market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 581.3 million by 2030.
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Center Pivot Irrigation Systems Market Scope
Center pivot irrigation systems market segmentation & scope
Farm Size
Small
Medium
Large
Crop Type
Oilseeds & Pulses
Cereals
Others
Countries
U.S.
Canada
Mexico
Germany
France
UK
China
India
Japan
Brazil
UAE
Saudi Arabia
South Korea
Australia
South Africa
Center Pivot Irrigation Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Exel Industries | View profile | 1001-5000 | Paris, Ile-de-France, France, Europe | http://www.exel-industries.com |
| STIHL | View profile | 1001-5000 | Waiblingen, Baden-Wurttemberg, Germany, Europe | https://www.stihl.com/ |
| Ecorobotix | View profile | 101-250 | Yverdon-les-bains, Vaud, Switzerland, Europe | http://www.ecorobotix.com/ |
| Kubota Corp | View profile | 65532 | 2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, Japan, 556-8601 | http://www.kubota.co.jp |
| DJI | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://www.dji.com/ |
| Yamaha Motor Co Ltd | View profile | 65477 | 2500, Shingai, Iwata, Shizuoka, Japan, 438-8501 | http://www.yamaha-motor.co.jp |
| Mahindra & Mahindra Ltd DR | View profile | 61874 | Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, India, 400 018 | https://www.mahindra.com |
| AGCO Corp | View profile | 27900 | 4205 River Green Parkway, Duluth, GA, United States, 30096 | https://www.agcocorp.com |
| Buhler Industries Inc | View profile | 813 | 1260 Clarence Avenue, Winnipeg, MB, Canada, R3T 1T2 | https://www.buhlerindustries.com |
| CNH Industrial NV | View profile | 40496 | Cranes Farm Road, Basildon, Essex, London, United Kingdom, SS14 3AD | https://www.cnhindustrial.com |
| Deere & Co | View profile | 83000 | One John Deere Place, Moline, IL, United States, 61265 | https://www.deere.com |
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