The latest report by MarkNtel Advisors, titled “Drip Irrigation Market Drip Irrigation Market – By Component (Emitters/Drippers, Pressure Pumps, Drip Tubes/Drip Lines, Valves, Filters, Fittings & Accessories), By Crop Type (Field Crops, Fruits & Nuts,Vegetable Crops, Other Crops (turf, ornamental, and spice crops), By Application (Agriculture, Landscape, Greenhouse), By Emitter Type (Inline, Online), others and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the Drip Irrigation Market research report.
What is the market outlook for Drip Irrigation?
The Global Drip Irrigation Market size was valued at USD 6.1 Billion in 2023 and is projected to grow at a CAGR of around 11.36% during the forecast period 2024-30.
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Major Companies Operating in the Drip Irrigation Industry:
EPC Industries Limited, Driptech Incorporated, Microjet Irrigation Systems, Rain Bird Corporation, Rivulus Irrigation, Netafim limited, Jain Irrigation System Limited, Lidsay Corporation, The Toro Company, Valmont Industries, T-L Irrigation Company, Reinke Manufacturing Company, Inc., ELGO Irrigation Limited, Hunter Industries Inc
Drip Irrigation Market Report Segmentation:
By Component
-Emitters/Drippers
-Pressure Pumps
-Drip Tubes/Drip Lines
-Valves
-Filters
-Fittings & Accessories
- Among them, Drip Tubes/Drip Lines held a considerable share in the Global Drip Irrigation market, owing to their easy & convenient usability.
By Crop Type
-Field Crops
-Fruits & Nuts
-Vegetable Crops
-Other Crops (turf, ornamental, and spice crops)
By Application
-Agriculture
-Landscape
-Greenhouse
By Emitter Type
-Inline
-Online
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Regional Insights:
- North America: USA, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy and Others
- Asia-Pacific: China, India, Japan, South East Asia
- South America: Brazil, and Argentina
- Middle East & Africa: GCC, South Africa and Others
Global Drip Irrigation Market Key Trend: Increasing Shift from Traditional to Modern Water-efficient Irrigation Technology
The shift from traditional to modern water-efficient irrigation technology in developing countries such as India, Turkey, etc., to conserve water, energy, and labor, has resulted in increasing demand for modern irrigation technology to reduce water consumption during agricultural activities. Furthermore, the rapidly depleting water resources across the globe have raised concerns about the global agricultural economy. As a result, the demand for water-saving agricultural practices & modern irrigation systems has increased globally. In addition, drip irrigation systems deliver water directly to the roots of plants, enabling healthy growth.
Moreover, the low cost of installation & no additional labor cost associated with the drip irrigation system has further escalated the market growth globally. Therefore, the demand for drip irrigation systems is estimated to increase significantly in the forthcoming years.
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