Drip Irrigation Systems - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Drip Irrigation Systems Market is expected to grow at a CAGR of 15.6% during the forecast period. Increasing benefits of drip irrigation systems and rising agricultural activities in emerging economies are some of the key driving factors for the market growth. However, high initial cost of drip irrigation systems is restraining the market. One of the major trends in the market is growing implementation of greenhouse agriculture.
Drip irrigation system also referred as trickle irrigation. It is a system that primarily saves water and nutrients by allowing water to drip gradually to the roots of the plants. Majorly, the aim is to take water directly into the root areas and reduce evaporation. In addition, these systems distribute the water through a network of pipes, valves, emitters and tubing. Agricultural systems have been highlighting the need for irrigation systems due to the rising pressure on water conservation. It is mainly chosen by the farmers across the country over surface irrigation, owing to wastage of water during evaporation.
By Application, Agriculture segment is expected to grow at the considerable market share during the forecast period. Agriculture is the nurturing of land and plants to provide food, fiber etc., to sustain and enhance life. In addition, it is used more efficiently through drip irrigation systems. Modern irrigation is one of the technological developments in agriculture that has substantial impact on water productivity.
By Geography, Asia Pacific is anticipated to grow at the significant market share over forecast period due to rising demand of global drip irrigation system from various applications in emerging economies, such as India, China, and South Korea is probable to preserve its dominance. China will have the fastest growth due to its growing adoption of advanced agricultural practices and technologies.
Some of the key players in Global Drip Irrigation Systems Market are Netafim limited, Jain Irrigation System Limited, Lindsay Corporation, The Toro Company, EPC Industries Limited, Driptech Incorporated, Microjet Irrigation Systems, Rain Bird Corporation, Rivulus Irrigation, Valmont Industries, Hunter Industries, Inc., Elgo Irrigation Ltd., T-L Irrigation Company (U.S) and Nelson Irrigation Corporation (U.S.).
Crop Types Covered:
• Fruits & Vegetables
• Turf & Ornamentals
• Cereals & Pulses
• Other Crop Types
• Pressure Regulators
• Tube Lines
• Backflow Preventers
• Vaccum Breakers
• Water Meters
• Fertilizer Tanks
• Other Components
• Greenhouses & Nurseries
• Gardens (Public & Residential)
• Other Applications
Dripper Types Covered:
• Online drip irrigation systems
• Inline drip irrigation systems
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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- Market share assessments for the regional and country level segments
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- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
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- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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