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Global Drip Irrigation Systems Market Overview :
“The global Drip Irrigation Systems Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The report offers in-depth insights, revenue details, and other vital information regarding drip irrigation systems and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027.
The report offers insightful and detailed information regarding the various key players operating in the global market, and their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
In this report, the global drip irrigation systems market has been segmented on the basis of component, application, crop type, and region.
Water crises are one of the primary challenges for the agriculture sector across the globe. Over the last few years, irrigation methods have witnessed various technological advancements, which are majorly driven by efforts to improve the quality of crops and yield and to save excessive use of water.
Excess water in fields results in crop damage, and the adoption of drip irrigation systems is a solution to many issues.
Drip irrigation enables slow drip onto the soil surface or directly onto the root zone of each individual plant through a network of valves, pipes, tubing, and emitters.
The advantage of drip irrigation over sprinklers is that there is limited water loss due to evaporation or runoff, and is more advantageous in mulched areas because it can directly soak the soil without washing away the mulch.
Owing to the various advantages, the adoption of drip irrigation systems in farms and fields around the world has been witnessing significantly high rates. As a result, the growth of the global drip irrigation systems market has been increasing in parallel, and the trend is expected to continue over the forecast period.
Factors driving the growth of the global drip irrigation market include inadequate rainfall, decreasing arable land, depletion of water resources, increasing global population, and rising food requirements.
Rapid population increase, especially in emerging economies such as India, China, and Brazil is resulting in rising demand for food grains, vegetables, etc.
As a result of the above-mentioned factors, demand for drip irrigation systems has been increasing over the past decade. Additionally, governments of countries across the globe are taking initiatives to promote the usage of drip irrigation systems by offering farmers subsidies.
As a result, several key players have entered into agreements with local government authorities to support irrigation projects. However, the high initial investment associated with installing a drip irrigation system is a restraining factor for adoption in some countries.
Demand for drip irrigation systems in emerging economies in the Asia Pacific excluding Japan (APEJ) such as India, China, and South Korea is witnessing a significant increase, and the market in the region is expected to maintain its dominance over the forecast period.
APEJ market leads among other regions in the global market, with North America and Europe following in respective positions. Market in the Rest of the World (ROW) is projected to witness moderate growth over the forecast period.
Among countries in APEJ, the market in China is expected to register a robust CAGR during the forecast period.
Global Drip Irrigation Systems Market Segmentation:
Segmentation by component:
- Emitters
- Pressure Gauge
- Drip Tube
- Valves
- Filters
- Others
Segmentation by crop type:
- Cereals & Pulses
- Fruits & Vegetables
- Oilseeds & Pulses
- Turf & Ornamentals
- Others Crops
Segmentation by Application
- Agriculture
- Landscape
- Greenhouse
- Others
Regional segmentation:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Jain Irrigation Systems Limited (India)
- Netafim Limited (Israel)
- Rain Bird Corporation (U.S.)
- The Toro Company (U.S.)
- EPC Industries Limited (India)
- Eurodrip S.A. (Greece)
- Hunter Industries Incorporated (U.S.)
- Rivulis Irrigation Limited (Israel)
- Chinadrip Irrigation Equipment Co., Ltd. (China)
- Shanghai Huawei Water Saving Irrigation Corp., Ltd. (China)
- Antelco Pty Ltd (Australia)
- Elgo Irrigation Ltd. (Israel)
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