According to Stratistics MRC, the Global Drip Irrigation Market is accounted for $4.87 billion in 2019 and is expected to reach $12.86 billion by 2027 growing at a CAGR of 12.9% during the forecast period. Some of the key factors propelling the market growth include rise in the popularity of drip irrigation solutions, government programs and subsidies, efficiency in the use of water in drought-prone areas, cost efficiency in agricultural production and enhanced crop yields, inadequate rainfall, depletion of water resources, and rising food requirements. However, high initial cost of large-scale drip irrigation systems is hindering the market growth.
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On the basis of geography, the Asia Pacific region is anticipated to witness significant growth during the forecast period, due to the high agricultural production, government initiatives incentivizing the adoption of drip irrigation systems, and increase in irrigable areas in the region which has resulted in water scarcity across multiple countries in the region. Asia Pacific was the largest consumer of drip irrigation and is a key exporter of agricultural products. The region is mainly dominated by large-scale operations, primarily exports, with an organized distribution chain.
Some of the key players in Drip Irrigation Market include Rivulis Irrigation Ltd., Lindsay Corporation, Jain Irrigatin Systems Ltd., The Toro Company, Rain Bird Corporation, Metzer Group, Netafim Limited, Sistema Azud, Elgo Irrigation Ltd., Chinadrip Irrigation Equipment Co. Ltd., Valmont Industries, Antelco Pty Ltd., Hunter Industries, Eurodrip S.A, Trimble, and Shanghai Huawei.
Products Covered:
• Watermatic Drip System
• Micro Misting Sprinklers and Jets
• Porous Soaker Hose Systems
• Emitter Drip System
• Pressure Control Valve
• Micro-sprays and Spinners
• Control and Safety Valves
• Filtration
• Drip Emitters
• PE Tubing
• Pipe and Pipe Fittings
• Pressure Regulators
• Pumps & Pump Stations
• Polyethylene Hose & Tubes
Components Covered:
• Filters
• Valves
• Pressure Pumps
• Fittings & Accessories
• Emitters/Drippers
• Drip Tubes/Drip Lines
Sales Channels Covered:
• Distribution Channel
• Direct Channel
Applications Covered:
• Surface Systems
• Subsurface Systems
End Users Covered:
• Landscape Irrigation
• Agricultural Irrigation
• Greenhouse Irrigation
• Gardens
Crop Types Covered:
• Turf & Ornamental Crops
• Field Crops
• Vegetable Crops
• Fruits and Nuts
• Spice Crops
• Cereals & Pulses
• Oilseeds
• Orchard Crops
• Vineyards
• Flowers
• Olericulture
• Plantation Crops
• Other Crop Types
Emitter Types Covered:
• Online
• Inline
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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