The global drip irrigation market size was US$ 6.1 billion in 2021. The global drip irrigation market is forecast to grow to US$ 10.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 9.1% during the forecast period from 2022 to 2030.
Drip Irrigation Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Quadintel, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Drip Irrigation Market , and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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The drip irrigation method regulates the use of water by slowly supplying water to the root system of plants. Using this method, water is dripped onto the soil surface above the roots or directly into the root zone. This technique aims to reduce water evaporation.
The rapid expansion of greenhouse vegetable production will primarily drive the growth of the market. Further, automatic drip irrigation is required to influence soil moisture, especially in the case of specialized greenhouse vegetables. The benefits of automation of drip irrigation systems, such as ease of use, efficient management of soil moisture, time management, and zero chances of human errors, will boost the growth of the drip irrigation market during the study period.
Drip irrigation enhances the profits per yield, which will escalate the demand for drip irrigation systems in the coming years. In addition, growing government policies offering drip irrigation subsidies will also upsurge the demand for drip irrigation during the study period. On the contrary, the high initial cost of large-scale drip irrigation systems may limit the growth of the drip irrigation market during the forecast period.
The Asia-Pacific drip irrigation market is forecast to emerge as the largest market, owing to the rising demand for drip irrigation in the agriculture industry. Further, growing farming practices in the region will also contribute to the growth of the drip irrigation market during the study period. In developing countries like China and India, governments are offering favorable subsidies and incentives to boost farming practices. Moreover, rising initiatives to produce high yield and low water waste will also drive this regional market forward.
North America, followed by Europe, will also hold a significant share due to favorable government incentives and subsidies. Moreover, the rising adoption of advanced technology in the region’s agricultural sector will contribute to the growth of the drip irrigation market during the forecast period.
The demand for farming practices increased abruptly during the COVID-19 pandemic in order to cater to the surging demand of the population. However, the high cost associated with drip irrigation setup hampered the growth of the market, mainly in developing countries.
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Competitors in the Market Chinadrip Irrigation Equipment Co., Ltd. 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 Other Prominent Players
Market Segmentation The global drip irrigation market segmentation focuses on Component, Crop Type, Application, and Region.
By Component: Emitters/Drippers Pressure Pumps Drip Tubes/Drip Lines Valves Filters Fittings & Accessories
By Crop Type: Field Crops Fruits & Nuts Vegetable Crops Other
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On the basis of region ? North America o The U.S. o Canada o Mexico ? Europe ? Western Europe o The UK o Germany o France o Italy o Spain o Rest of Western Europe ? Eastern Europe o Poland o Russia o Rest of Eastern Europe ? Asia Pacific o China o India o Japan o Australia & New Zealand o ASEAN o Rest of Asia Pacific ? Middle East & Africa (MEA) o UAE o Saudi Arabia o South Africa o Rest of MEA ? South America o Brazil o Argentina o Rest of South America
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Key Questions Answered in the Market Report
• How did the COVID-19 pandemic impact the adoption of by various pharmaceutical and life sciences companies? • What is the outlook for the impact market during the forecast period 2021-2030? • What are the key trends influencing the impact market? How will they influence the market in short-, mid-, and long-term duration? • What is the end user perception toward? • How is the patent landscape for pharmaceutical quality? Which country/cluster witnessed the highest patent filing from January 2014-June 2021? • What are the key factors impacting the impact market? What will be their impact in short-, mid-, and long-term duration? • What are the key opportunities areas in the impact market? What is their potential in short-, mid-, and long-term duration? • What are the key strategies adopted by companies in the impact market? • What are the key application areas of the impact market? Which application is expected to hold the highest growth potential during the forecast period 2021-2030? • What is the preferred deployment model for the impact? What is the growth potential of various deployment models present in the market? • Who are the key end users of pharmaceutical quality? What is their respective share in the impact market? • Which regional market is expected to hold the highest growth potential in the impact market during the forecast period 2021-2030? • Which are the key players in the impact market?
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