Drip Irrigation Market: Market Segments: By Component (Emitters/Drippers, Pressure Pumps, Drip Tubes/Drip Lines, Valves, Filters, Fittings & Accessories); By Crop Type (Field Crops, Fruits & Nuts, Vegetable Crops and Other); By Application (Surface and Subsurface); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030

Product Overview

Drip irrigation method allows water to be used in a regulated manner, where water is slowly supplied to the root system of plants. Water is either dripped onto the soil surface above the roots or directly into the root zone using this process. This technique seeks to reduce the evaporation of water. With proper installation and maintenance, the drip irrigation system will contribute to significant water conservation by managing evaporation and drainage.

Market Highlights

Drip Irrigation Market is expected to project a notable CAGR of 10.5% in 2030.

Drip Irrigation Market to surpass USD 10.7 billion by 2030 from USD 5.8 billion in 2019 at a CAGR of 10.5% throughout the forecast period, i.e., 2020-30. Due to factors such as rising population, increasing global food demand and increasing population size, limited arable, especially in emerging countries of the Asia Pacific and Latin America region, the global market for drip irrigation systems will increase during the forecast period.

Drip Irrigation Market: Segments

Drip tubes/drip lines segment to grow with the highest CAGR during 2020-30

Drip Irrigation Market is segmented by component into emitters, drip tubes/drip lines, filters and valves among others. Insecticides based Drip Irrigation, led the market in 2018, accounting for XX.X% of market share. The emitter segment is growing rapidly in the drip irrigation market with the highest CAGR of 8.5% in the forecast period. The function of emitters is to discharge water at a determined pace and avoid clogging.

Drip Irrigation Market: Market Dynamics

Drivers

Rapid Growth in green house vegetable production

In order to influence soil moisture, automatic drip irrigation is necessary, especially in the case of specialized greenhouse vegetables. An easy, meticulous method for managing soil moisture and applying water is given by complete automation of drip irrigation systems. Some of the factors that increase the demand for automatic drip irrigation systems are successful time management, elimination of human errors in terms of calculation, and adjustment of available soil moisture levels.

Restrain

High initial cost of large-scale drip irrigation systems

The initial investment costs are high, which makes it uneconomical for low-value crops to use drip irrigation systems. The cost of equipment for drip irrigation varies with the type of crop, location, soil, water conditions, fertigation equipment, and filtration equipment.

Drip Irrigation Market: Key Players

• Chinadrip Irrigation Equipment Co., Ltd.

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.

• Hunter Industries, Inc.

• Irritec S.p.A

• Jain Irrigation Systems Ltd.

• Lindsay Corporation

• Microjet Irrigation Systems

• Netafim Limited

• Rain Bird Corporation

• Rivulis Irrigation Ltd.

• The Toro Company

Drip Irrigation Market: Regions

Drip Irrigation Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.

Drip Irrigation Market in Asia Pacific held the largest market share of XX.X% in the year 2018 and it is expected to continue its market dominance in the future due to growing demand from the agriculture industry. North America will be followed by the Asia-Pacific region, while Europe will be ranked third in the drip irrigation market worldwide. The Asia Pacific market is expected to expand at a significant pace over the forecast period, owing to the government's incentives and subsidies. In addition, in emerging economies such as China and India, the benefits associated with the use of drip irrigation, such as high yield and low water waste, are driving market growth. In addition, soil erosion restrictions and easy fertilisation are major factors driving the growth of the demand for drip irrigation.

Drip Irrigation Market report also contains analysis on:

Drip Irrigation Market Segments:

By Component:

• Emitters/Drippers

• Pressure Pumps

• Drip Tubes/Drip Lines

• Valves

• Filters

• Fittings & Accessories

By Crop Type:

• Field Crops

• Fruits & Nuts

• Vegetable Crops

• Other

By Application:

• Surface

• Subsurface

• Drip Irrigation Market Dynamics

• Drip Irrigation Market Size

• Supply & Demand

• Current Trends/Issues/Challenges

• Competition & Companies Involved in the Market

• Value Chain of the Market

• Market Drivers and Restraints

FAQs on Drip Irrigation Market

· Which segment is anticipated to hold the largest market share

· At what CAGR is the market anticipated to grow between 2020 and 2030

· Who are the key players in the Drip Irrigation Market

· What could be the challenging factors in the growth of Drip Irrigation Market

· What are the growth drivers for the Drip Irrigation Market