Latest Market Study report by MarkNtel Advisors: Leading market research company, Title “Global 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)” and other forecast 2024-30”. This detailed report provides a thorough look at the industry, covering key aspects like the Drip Irrigation Market Size, its growth in share, development, and the top companies involved. It examines what’s driving the market, using historical, current, and projected data, as well as emerging trends, technology updates, important insights, recent developments, potential limitations, and other factors that will influence the industry’s direction in the future.
How Big is the Drip Irrigation Industry?
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.
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Trends in the Drip Irrigation Industry:
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.
Name of Leading Drip Irrigation Companies in the Global 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.
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Segmentation Summary – Drip Irrigation Market
The breakdown of the Drip Irrigation market into different segments provides a quick overview. It helps businesses understand what customers prefer and where they are located. By dividing the market into smaller groups based on purchasing habits and geography, companies can improve their business strategies. This summary offers a straightforward guide to better understanding the 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
Regional Insight: Global Drip Irrigation Market
Geographically, the Drip Irrigation Market expands across:
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Of all regions, 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.
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