Drip Irrigation Market worth $8.3 billion by 2027 | Leading Key Players are Lindsay Corporation, The Toro Company, Rivulis, Hunter Industries Inc., Netafim, Rain Bird Corporation

Drip Irrigation Market worth $8.3 billion by 2027 | Leading Key Players are Lindsay Corporation, The Toro Company, Rivulis, Hunter Industries Inc., Netafim, Rain Bird Corporation
MarketsandMarkets™
Asia Pacific accounted for the largest share in the global drip irrigation market. The drip irrigation system is rapidly gaining popularity all over the world, particularly in those areas of developed countries, where water is a scarce resource.

According to a research report Drip irrigation Market by Crop Type, Component (Drip Mainlines/Drip Tubes, Filters & Fertilizer Injectors, Fittings & Accessories, Emitters/Drippers, Pressure Pumps, and Valves), Emitter/Dripper Type, Application and Region – Global Forecast to 2027″ published by MarketsandMarkets, the drip irrigation market size is estimated to be valued at USD 5.2 billion in 2022 and is projected to reach USD 8.3 billion by 2027, recording a CAGR of 9.8% during the forecast period in terms of value. Drip irrigation is increasing in popularity among growers, as it helps in transferring water to the roots of the plant where it is needed, at the correct volume, and without a lot of waste due to wind, runoff, overspray, and evaporation. Drip systems use between 20%-50% less water than traditional sprinkler systems. In addition to distributing water, drip irrigation systems can also distribute fertilizer, allowing the nutrients to be delivered to plants with minimal labor expense and workforce chemical exposure.

Drip Irrigation Market

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=217216582

The vegetable crops segment is estimated to hold the second largest market in the drip irrigation market in 2022.

Vegetable crops grown using drip irrigation require regular water distribution to avoid plant stress during critical growth periods, which could affect both crop productivity and crop production quality. The use of drip irrigation helps maintain a uniform moisture level near the active root zone of the vegetable plant. Moreover, vegetable crops such as potatoes, cabbages, and onions form a key aspect of the Asia Pacific demand as well as exports; however, the increasing government and political scrutiny to reduce water withdrawal rates and advancements in drip lines have led to growers adopting drip irrigation systems in the region. An increase in the area under precision agriculture is also one of the major factors, which has contributed to the increased market demand for drip irrigation systems.

The emitters/drippers segment is estimated to hold the second largest growth rate in the drip irrigation market.

Emitters are one of the most important components of drip irrigation systems. Most emitters are small plastic devices that either screw or snap onto a drip tube or pipe. There are many different methods used by emitters to create and maintain this uniform low flow rate. Some emitters route the water through a very long, narrow passage or tube. The small diameter and great length of this path reduce the water pressure and create a more uniform flow. Moreover, the increasing demand for microirrigation equipment, including low-pressure and low-cost equipment across farms in India, China, and other Southeast Asian countries, is expected to drive the demand for emitters/drippers in the global market.

The surface segment is estimated to be the fastest growing application in the drip irrigation market.

Low costs of installation and maintenance leads to an increasing demand for surface drip irrigation systems. Surface equipment utilizes water, which is applied over the soil by drip tubes or laterals. It is usually recommended for flat land slopes and medium-to-fine textured soil types, which promote the lateral spread of water through furrow or across the basin. The surface equipment provides numerous advantages at the farm level and project level. They are not affected by the sloping pattern and undulating land. It is easier to detect the clogging of emitters in the surface equipment. Hence, increasing the demand for surface segment drip irrigation.

Inline emitters are the fastest-growing emitter type segment in the drip irrigation market.

Inline emitters are attached to the lateral’s inner wall and are usually cylindrical or flat boat shaped. Moreover, inline emitters are present within the lateral with equal spacing. Inline emitters helps in providing maximum resistance against clogging, and are also suitable for subsurface and surface irrigation. Moreover, improved efficiency and fertigation compatibility drive demand for inline emitters.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=217216582

Asia Pacific is estimated to be the largest region for the drip irrigation market in 2022.

Nowadays, agricultural focus is shifted to more commercial crops from traditional crops. Due to these modifications, facilities of irrigation are modernizing the irrigation management and most preferably, the infrastructure. The growth in this region is driven by the rise in demand for agricultural produce due to the growing population, an increase in technological advancement in irrigation facilities, and government subsidies in various countries of this region.

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Jain Irrigation Systems Ltd. (India), Lindsay Corporation (US), The Toro Company (US), Rivulis (Israel), Hunter Industries Inc. (US), Netafim (Israel), Rain Bird Corporation (US), Chinadrip Irrigation Equipment Co., Ltd. (China), Elgo Irrigation Ltd. (Israel), and Shanghai huawei water saving irrigation corp. ltd. (China).

Related Reports:

Microirrigation Systems Market by Type (Drip and Micro Sprinkler), Application (Orchard Crops & Vineyards, Plantation Crops, and Field Crops), End User (Farmers and Industrial Users), and Region – Global Forecast to 2026

Fertigation & Chemigation Market by Agri Inputs (Fertilizers, Herbicides, Insecticides, & Fungicides), Application (Agriculture, Landscape, & Greenhouse), Crop Type, Irrigation Systems, & by Region – Global Trends and Forecast to 2020

Sprinkler Irrigation Systems Market by Type (Center Pivot, Lateral Move, Solid Set), Crop Type (Cereals, Oilseeds & Pulses, Fruits & Vegetables), Field Size (Small, Medium, Large), Mobility (Stationary, Towable), and Region – Global Forecast to 2025

Irrigation Automation Market by System (Automatic, Semi-automatic), Component (Controllers, Valves, Sprinklers, Sensors, Other components), Irrigation Type (Sprinkler, Drip, Surface), Automation Type, End-Use and Region – Global Forecast to 2027

Irrigation Controllers Market by Type (Weather-based and Sensor-based), Product (Smart Controllers, Tap Timers, and Basic Controllers), Application (Non-agriculture and Agriculture), Irrigation Type, and Region – Global Forecast to 2022

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/drip-irrigation-systems-market-217216582.html


Posted

in

by

Tags: