MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on The Global Drip Irrigation Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.
Global Drip Irrigation Market Insights 2024-2030
The Global Drip Irrigation Market size was valued at around USD 6.1 Billion in 2023 and is projected to grow at a CAGR of around 11.36% during the forecast period, i.e., 2024-30, owing to the growing initiatives & programs by governments of different countries, shifting the focus of the farmers to make higher profits by utilizing their 100% of farms.
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Top Players in the Drip Irrigation Market:
- 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.
Segmentation Analysis of Drip Irrigation Market
Drip Irrigation Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024 to 2030, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
- 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. The tubing has an emitter installed at the same interval along the length that allows direct water supply to the required plant without hassle.
In addition, other components that have emitters at different intervals along the length of the dripper could cause inconvenience during the irrigation process. Moreover, Drip tubes are made of special grade polyethylene material, which is anticipated to boost the market for drip irrigation systems in the forthcoming years.
- 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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A Comprehensive Geographical Analysis:
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Of all the regions globally, the Asia-Pacific Drip Irrigation market has been portraying a noticeable growth since 2018, owing to the increasing installation of drip irrigation systems in emerging economies, such as China & India. The rising adoption of micro-irrigation systems across the globe has propelled market growth during the historical period. Furthermore, some other factors responsible for the market growth are rising up-gradation in the agricultural industry along with growing farmer awareness about modern farming techniques & irrigation systems such as drip irrigation system, which is expected to boost the market growth in the coming years.
Moreover, increasing government support to implement micro-irrigation & high subsidies offered during the installation of irrigation systems are projected to escalate the market growth in the forthcoming years.
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