Data Bridge Market Research analyses that the drip irrigation market will project a compound annual growth rate (CAGR) of 9.80% during the forecast period of 2021-2028. Rising adoption of greenhouse agriculture and rising need to withdraw water for agricultural purposes may drive the growth of drip irrigation market.
Water crisis is a big problem. In some areas, there is shortage of water that adversely affects farming and agricultural practices. In some areas, there is excess supply of water and this excess water results in destroying the crops and even harms the soil fertility. Drip irrigation is an irrigation system that facilitates slow drips of water onto the soil surface or directly to the roots of crops. Drip irrigations consist of a network of valves, pipes, tubing and emitters and are used in applications such as landscape, agriculture, greenhouse and others. The major aim of this method is to conserve the water or to save the water from getting wasted.
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Rising environmental concerns such as importance of water management is the root cause for the unprecedented growth of drip irrigation market. Rising technological innovations in farming practices, technology and equipment has induced the growth of drip irrigation market. Growing awareness about the benefits of drip irrigation system is further propelling growth in the drip irrigation market value. Inadequate rainfall, depletion of water resources, rising population and in turn rising demand for food consumption are directly and positively influencing the growth rate of drip irrigation market.
However, high initial investment associated with drip irrigation system will restrict the scope of growth for the market. Unwillingness to shift from unconventional and traditional farming and agricultural practices will further hamper the drip irrigation market growth rate. Clogging of drip irrigation systems will further challenge the market growth rate.
Competitive Landscape and Drip Irrigation Market Share Analysis
The drip irrigation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to drip irrigation market.
The major players covered in the drip irrigation report are Jain Irrigation Systems Ltd, Lindsay Corporation., The Toro Company, NETAFIM, Rain Bird Corporation., Chinadrip Irrigation Equipment Co., Ltd., Elgo Irrigation Ltd., Antelco (en-AU)., Samriddhi by Mahindra, Microjet, KSNM DRIP., AZUD, metzer, Chamsa - Grupo Chamartin., Dripworks, Inc., HUNTER INDUSTRIES™., Eurodrip A.V.E.G.E., Rivulis and Shanghai Irrist Corp. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Global Drip Irrigation Market Scope and Market Size
The global drip irrigation market is segmented on the basis of component, crop type, application and emitter type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the drip irrigation market is segmented into emitters/drippers, pressure gauge, drip tubes/drip lines, valves, filters, fittings and accessories and others.
- On the basis of crop type, the drip irrigation market is segmented into cereals and pulses, fruits and vegetables, oilseeds and pulses, turf and ornamentals and others crops.
- On the basis of application, the drip irrigation market is segmented into agriculture, landscape, greenhouse and others.
- On the basis of emitter type, the drip irrigation market is segmented into inline emitters, and outline emitters.
Drip Irrigation Market Country Level Analysis
The global drip irrigation market is analyses and market size, volume information is provided by country, component, crop type, application and emitter type as referenced above.
The countries covered in the drip irrigation market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific dominates the drip irrigation market and will continue to dominate during the forecast period. Adoption of modern irrigation technologies and methods is responsible for the growth of drip irrigation market in this region. Rising awareness regarding the benefits of drip irrigation system, concerns regarding wastage of water and soil health and rising adoption of wastewater management methodologies are some other market growth determinants. Ever-rising population and rising demand for food consumption are some other indirect market growth determinants.
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