Drip Irrigation Market Size, Share and Latest Trends - 2028


Posted May 18, 2023 by MarketAnalyst

Drip Irrigation Market, Size, Global Forecast 2023-2028, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis

 
Renub Research has recently published a report titled "Drip Irrigation Market, Size, Global Forecast 2023-2028, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis" providing a detailed industry analysis that includes market share insights. In addition, the report covers research on competitors and regions and current advancements in the global drip irrigation market. The Global Drip Irrigation Industry shall experience a CAGR of nearly 9.89% from 2022 to 2028.

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Drip irrigation, which delivers water directly to plant roots through a network of tubes, is widely used in agriculture, horticulture, landscaping, and gardening due to its ability to minimize water loss from evaporation and runoff. This targeted water delivery system results in better plant growth, higher crop yield, and improved crop quality. Furthermore, drip irrigation is more efficient, requires less maintenance and management than traditional irrigation methods, and reduces weed growth and soil erosion. It is also flexible and scalable, making it suitable for various landscape and crop types.

Drip or trickle irrigation involves supplying water to the soil at low rates through small plastic pipes equipped with emitters or drippers. Drip irrigation is more efficient than traditional irrigation methods, such as sprinkler irrigation, because it supplies water directly to the root zone, reducing water evaporation losses and making it popular in areas with limited water resources. As a result, governments worldwide are promoting water-efficient irrigation technologies, including drip irrigation, to tackle water scarcity issues. In addition, educational program implementation enhances farmers' knowledge of modern farming techniques and increases the adoption of micro-irrigation systems.

Though the determent of some growers in emerging economies by the high initial installation cost of micro-irrigation systems, market players are taking steps such as expanding their product portfolios, going global, and collaborating with governments to overcome this challenge and drive growth in the drip irrigation market.

Continuous technological advancements in drip irrigation systems and the high demand for staple food crops are driving the growth of field crops in the drip irrigation market

The supremacy of field crops in the drip irrigation market can be due to field crops being stapled food crops in high demand globally, creating a significant need for drip irrigation systems. Additionally, drip irrigation provides efficient water use for field crops, making it an attractive option for farmers looking to maximize yields while minimizing water usage. Furthermore, improved crop quality is also a benefit of drip irrigation, achieved through precise control over water and nutrient delivery. Finally, continuous technological advancements in drip irrigation systems drive their adoption in the field crop segment, making the designs more efficient, effective, and user-friendly.

Drip tubes' growth in the drip irrigation market is because of their water efficiency and customization to meet crop and soil needs
Drip tubes enable clear water and nutrient delivery to plant roots, reducing water loss through evaporation and runoff and thus increasing water efficiency compared to other irrigation methods. Their customization options regarding diameter, length, and flow rates also provide tailored solutions to meet crop and soil requirements, enhancing water use efficiency and crop yields. Moreover, drip tubes are highly durable and resistant to outdoor factors like UV rays and temperature fluctuations, ensuring reliable and long-lasting performance. Lastly, constant advancements in drip tube design, including clog-resistant emitters and self-cleaning mechanisms, are making them more efficient, effective, and user-friendly, driving their adoption in the drip irrigation market.

Agricultural irrigation dominates the drip irrigation market due to high demand and the need for water-efficient crop irrigation, leading to improved crop quality and higher yields

Agriculture is a critical sector in many countries, and farmers are increasingly adopting drip irrigation to address water scarcity issues and improve crop yields. In addition, drip irrigation is highly efficient, providing targeted water delivery to the root zone, minimizing water losses through evaporation and runoff, and resulting in optimal crop growth. Moreover, drip irrigation systems are highly customizable, allowing farmers to tailor their strategies to meet their specific crop and soil needs. Furthermore, advancements in drip irrigation technology, such as automation and precision control, are making the systems more efficient, user-friendly, and practical, further driving their adoption in the agricultural sector.

North America has the highest share of the drip irrigation market

North America's high level of agricultural mechanization, modernization, and government focus on sustainable agriculture and water conservation, coupled with a high level of water scarcity and drought, drive the adoption of efficient irrigation systems like drip irrigation. Moreover, the region's significant investment and innovation in agriculture, including advanced technologies like precision agriculture and smart irrigation, further increase the adoption of drip irrigation systems. For example, in January 2022, Bayer and Netafim partnered to combat nematodes using Netafim's precise drip irrigation technology.


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Competitive Landscape

Jain Irrigation System Limited, Lindsay Corporation, Toro Company & Valmontare are prominent players in the global drip irrigation market.


Market Summary:

Crop Type - Report covers the Global Drip Irrigation Market by crop type from 5viewpoints
• Field Crops
• Vegetable corps
• Orchard Crops
• Vineyards
• Other Crops

Component – Global Drip Irrigation Market, by component, break up into 5 viewpoints
• Emitters
• Drip Tubes
• Pressure Pumps
• Valves
• Filters
• Others

Application- Global Drip Irrigation Market is broken up into 6 viewpoints
• Agricultural Fields
• Landscape and Turf Irrigation
• Greenhouse
• Residential
• Others

Regions - By regions, the Global Drip Irrigation Market breaks up into 5 viewpoints
• North America
• Europe
• Asia-Pacific
• South America
• Rest of World

Key Players- All the major players of the global drip irrigation market have been covered from 3 Viewpoints (Overview, Recent Developments, and Sales Analysis)
• Jain Irrigation System Limited
• Lindsay Corporation
• The Toro Company
• Valmont

About the Company:
Renub Research is a Market Research and Consulting Company. We have more than 14 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more.
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Categories Architecture , Business , Home Business
Tags drip irrigation market , global drip irrigation market , drip irrigation market share , drip irrigation market size
Last Updated May 18, 2023