Drip Irrigation Market: Industry Analysis and Forecast 2024-2030: by Component, Application, Crop Type and Region

Drip Irrigation Market is expected to reach USD 14.18 billion by 2030, with a CAGR of 10.7 % between 2024 and 2030. The research gives a comprehensive perspective of the market by combining qualitative and quantitative data. It examines the global Drip Irrigation Market and provides forecasts for the key segments. It also includes market size and forecast estimates for five key regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America, for the years 2024 to 2030. The Drip Irrigation Market is further split into countries and markets within each location.Drip Irrigation MarketTo know about the Research Methodology :- Request Free Sample Report

Drip Irrigation Market Dynamics

Due to their many advantages, the technologies continue to be extremely popular in farms and fields across the world. As a result, the market has been expanding at a comparable rate all over the world, and this tendency is likely to continue during the forecast period. These systems may be employed in environments with unusually shaped landscapes and surrounds, as well as places with uneven terrain or different types of soil. These techniques are more flexible, enabling farmers and gardeners to easily create a network as needed. The performance of the system is typically improved as a result. The drip irrigation market is anticipated to see growth over the expected period as a result of rising consumer awareness of these advantages and rising adoption of contemporary practices. The global drip irrigation market is expanding as a result of the benefits that have grown in popularity among producers of field crops due to its precise application. Additionally, the market for drip irrigation is supported by higher pricing for field crops, decreased water use, and a move toward sustainable irrigation techniques. Secondly, a growing world population raises the need for food, which in turn fuels the expansion of the global drip irrigation market. The rise of the drip irrigation sector has also been spurred by government measures to provide subsidies and the rising costs of field crops. Over the forecast period, it is expected that high expenses would somewhat impede the expansion of the global drip irrigation market's revenue. Another aspect that would have a negative effect on market revenue growth during the forecast period is the farmers in less developed nations' lack of knowledge about contemporary farming techniques. Drip irrigation expenses and inputs in general: With assistance from the UN Environment Programme and UNIDO, the Climate Technology Center and Network has identified and compiled the average costs of drip irrigation throughout the world. For drip irrigation on a one-hectare parcel of land, the prices given below. The main inputs are the components of the distribution network, which include the drip line, filtration and fertilising systems, and pump. Installation labour costs are also substantial. System operation and maintenance training is anticipated to last three days.
Drip Irrigation in 1 Hectare USD
Labour 520
Material 4300
Training 180
180 5000
Commercial manufacturing options, according to BIOVISION, are, as previously said, highly expensive. Small-scale farmers can construct a drip irrigation system using locally available materials for $15 to $85 or buy one for between $15 and $85. (buckets, bamboo, or plastic pipes). Although it is often more expensive than manual irrigation, it increases yields and uses less water.

Trends in the drip irrigation market:

1. The use of vertical farming technologies is spreading: The significance of drip irrigation in vertical farming cannot be overstated. By their very nature, all vertical farming methods need on a little amount of irrigation. In hydroponics, micro irrigation is utilised to immerse plant roots in liquid solutions containing the necessary macronutrients. Similar techniques are used in aquaponics, however instead of being manually created, nutrient-rich irrigation water is acquired from fish tanks. Last but not least, aeroponics employs the same kind of pipes as drip irrigation but sprays the nourishing liquid solution rather than dripping it. 2. Cannabis agriculture: a new development to watch for important figures: Since it has been permitted to utilise cannabis for a variety of products over the previous five years, production has increased. Because it is a plant with a constrained growth cycle, its output lasts for around 3 to 5 months. During this phase, cannabis plants need a controlled environment as well as regular watering and fertilisation. As a result, irrigation quickly turns into a time-consuming but important task, especially in the competitive cannabis-growing market of today when resources like time and money are few. Drip irrigation is practically necessary for effectively growing cannabis. In addition to being effective, drip irrigation is an excellent way to modify a crop's essential aspects, including as pH and conductivity. 3. The significance of precision agriculture is increasing: Precision farming combines cutting-edge technology with complex farming practises to maximise crop production, farming efficiency, and financial success. To map a crop's productivity, specialised drones, satellite imagery data, and GPS devices must be used. As a consequence, the farmer may decide whether parts of the crop need further care, such watering or fertilising. And using drip irrigation systems that have been properly planned and constructed is necessary if you want to have genuine control over the pace at which fertiliser or irrigation water is supplied. Because of this, drip irrigation is crucial in precision agriculture. It provides farmers with the precision and control they require.

Drip Irrigation Market Segmentation

The market is divided into several segments depending on the type of crop, including field crops, vegetable crops, and fruits and nuts. Throughout the projected period, the sector for fruits and nuts is anticipated to expand rapidly. The demand for fruits and nuts rises along with the deployment of drip irrigation due to expanding exports and strong profit margins. Fruit crops include bananas, grapes, citrus, pomegranate, papaya, sweet lime, mango, and watermelon benefit from drip irrigation. They boost fruit production, promote early maturation, and conserve water. Additionally, the market for vegetable crops is anticipated to see strong CAGR growth throughout the projection period. Different crops require various levels of irrigation.

Drip Irrigation Market Regional Insight

The drip irrigation market in Asia Pacific is expected to be the largest and expand at the quickest rate, with 12.6% of CAGR. Asia Pacific had the highest consumption of drip irrigation in 2023. The region is moving away from installing basic irrigation infrastructure and toward implementing precision irrigation systems as a result of technical improvements. The emphasis on agriculture has shifted away from traditional crops and toward more industrialised ones. As a result of these changes, irrigation facilities are supposed to improve their infrastructure and irrigation management. Drip irrigation is now essential since commercial crops are sensitive to the quantity of water they get. Over the course of the forecast period, the Europe drip irrigation market is anticipated to post a strong revenue share. This is because rising industrialisation has led to a loss of arable land, which has raised demand for drip irrigation systems. Government programmes that encourage the use of drip irrigation systems on farms to boost agricultural output also contribute to the market expansion in this area.

Report Objectives:

1. Landscape analysis of the Drip Irrigation Market 2. competitive benchmarking 3. Past and current status of the industry with the forecasted market size and trends 4. Evaluation of potential key players that include market leaders, followers, and new entrants 5. Technology trends 6. The potential impact of micro-economic factors on the market 7. External and Internal factors affecting the market have been analyzed The report also helps in understanding the Drip Irrigation Market dynamics, and structure by analyzing the market segments to project the Drip Irrigation Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Drip Irrigation Market make the report investor’s guide.

Drip Irrigation Market Scope: Inquire before buying

Global Drip Irrigation Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US $ 6.96 Bn.
Forecast Period 2024 to 2030 CAGR: 10.7% Market Size in 2030: US $ 14.18  Bn.
Segments Covered: byComponent Valves Pressure Gauge Filters Emitters Drip Tube Others
by Application Agriculture Landscapes Greenhouse Others
by Crop Type Fruits and nuts Vegetable crops Field crops Others

Drip Irrigation Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Drip Irrigation Market, Key Players

1. EPC Industries Limited 2. Driptech Incorporated 3. Microjet Irrigation Systems 4. Rain Bird Corporation 5. Rivulus Irrigation 6. Netafim limited 7. Jain Irrigation System Limited 8. The Toro Company 9. Eurodrip S.A 10. Valmont Industries 11. T-L Irrigation Company 12. Reinke Manufacturing Company, Inc. 13. ELGO Irrigation Limited 14. Hunter Industries Inc. 15. Lindsay Corporation Frequently Asked Questions 1. What is the projected market size & growth rate of the Drip Irrigation Market? Ans- The Drip Irrigation Market was valued at USD 6.96 billion in 2023 and is projected to reach USD 14.18 billion by 2030, growing at a CAGR of 10.7 % during the forecast period. 2. What are the key driving factors for the growth of the Drip Irrigation Market? Ans- The drip irrigation market is anticipated to see growth over the expected period as a result of rising consumer awareness of these advantages and rising adoption of contemporary practices. 3. Which Region accounted for the largest Drip Irrigation Market share? Ans- The drip irrigation market in Asia Pacific is expected to be the largest and expand at the quickest rate, with 12.6% of CAGR. 4. What makes Europe a Lucrative Market for Drip Irrigation Market? Ans- Government programmes that encourage the use of drip irrigation systems on farms to boost agricultural output also contribute to the market expansion in this area. 5. What are the top players operating in the Drip Irrigation Market? Ans- EPC Industries Limited, Driptech Incorporated, Microjet Irrigation Systems, Rain Bird Corporation, and Rivulus Irrigation.
1. Global Drip Irrigation Market : Research Methodology 2. Global Drip Irrigation Market : Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to the Global Drip Irrigation Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Drip Irrigation Market : Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Drip Irrigation Market Segmentation 4.1 Global Drip Irrigation Market, by Component (2023-2030) • Valves • Pressure Gauge • Filters • Emitters • Drip Tube • Others 4.2 Global Drip Irrigation Market, by Application (2023-2030) • Agriculture • Landscapes • Greenhouse • Others 4.3 Global Drip Irrigation Market, by Crop Type (2023-2030) • Fruits and nuts • Vegetable crops • Field crops • Others 5. North America Drip Irrigation Market (2023-2030) 5.1 North American Drip Irrigation Market, by Component (2023-2030) • Valves • Pressure Gauge • Filters • Emitters • Drip Tube • Others 5.2 North America Drip Irrigation Market, by Application (2023-2030) • Agriculture • Landscapes • Greenhouse • Others 5.3 North America Drip Irrigation Market, by Crop Type (2023-2030) • Fruits and nuts • Vegetable crops • Field crops • Others 5.4. North America Drip Irrigation Market, by Country (2023-2030) • United States • Canada • Mexico 6. European Drip Irrigation Market (2023-2030) 6.1. European Drip Irrigation Market, by Component (2023-2030) 6.2. European Drip Irrigation Market, by Application (2023-2030) 6.3 European Drip Irrigation Market, by Crop Type (2023-2030) 6.4. European Drip Irrigation Market, by Country (2023-2030) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Drip Irrigation Market (2023-2030) 7.1. Asia Pacific Drip Irrigation Market, by Component (2023-2030) 7.2. Asia Pacific Drip Irrigation Market, by Application (2023-2030) 7.3 Asia Pacific Drip Irrigation Market, by Crop Type (2023-2030) 7.4. Asia Pacific Drip Irrigation Market, by Country (2023-2030) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Drip Irrigation Market (2023-2030) 8.1. Middle East and Africa Drip Irrigation Market, by Component (2023-2030) 8.2. Middle East and Africa Drip Irrigation Market, by Application (2023-2030) 8.3 Middle East and Africa Drip Irrigation Market, by Crop Type (2023-2030) 8.4. Middle East and Africa Drip Irrigation Market, by Country (2023-2030) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Drip Irrigation Market (2023-2030) 9.1. Latin America Drip Irrigation Market, by Component (2023-2030) 9.2. Latin America Drip Irrigation Market, by Application (2023-2030) 9.3 Latin America Drip Irrigation Market, by Crop Type (2023-2030) 9.4. Latin America Drip Irrigation Market, by Country (2023-2030) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. EPC Industries Limited 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. EPC Industries Limited 10.3. Driptech Incorporated 10.4. Microjet Irrigation Systems 10.5. Rain Bird Corporation 10.6. Rivulus Irrigation 10.7. Netafim limited 10.8. Jain Irrigation System Limited 10.9. The Toro Company 10.10. Eurodrip S.A 10.11. Valmont Industries 10.12. T-L Irrigation Company 10.13. Reinke Manufacturing Company, Inc. 10.14. ELGO Irrigation Limited 10.15. Hunter Industries Inc. 10.16. Lindsay Corporation
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