Global Drip Irrigation Market : Size, Share, Growth, Analysis and Demand Forecast Till 2025


Posted June 8, 2019 by bharatbook

Drip Irrigation Market is estimated at USD 4.9 Billion in 2019 and projected to grow at a CAGR of 9.6%, to reach USD 8.5 Billion by 2025.

 
Bharat Book Bureau Provides the Trending Market Research Report on “Drip Irrigation Market by Component (Emitters, Drip Tubes/Drip Lines, Filters, Valves, and Pressure Pumps), Emitter/Dripper Type (Inline and Online), Application (Surface and Subsurface), Crop Type, and Region - Global Forecast to 2025” under Agriculture Equipment category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

The drip irrigation market is projected to grow at a CAGR of 9.6%; the key drivers include efficiency in water use in drought-prone areas, cost efficiency in agriculture production and enhanced crop yields

Drip Irrigation Market is estimated at USD 4.9 Billion in 2019 and projected to grow at a CAGR of 9.6%, to reach USD 8.5 Billion by 2025. The growth of the drip irrigation market is driven factors such as government initiatives, water conservation activities, enhancement of production, and decrease in production cost. This market is also driven by factors such as population growth, increasing withdrawal of water for agriculture, limited land resources, unpredictable rainfall patterns, and demand for biofuel in developing countries.

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The drip tube/drip line component led the market with the largest share in 2019.

Based on component, the drip irrigation market is classified into emitters/drippers, pressure pumps, drip tubes/drip lines, valves, filters, fittings & accessories. The drip tube is a crucial part of the drip irrigation process. Often manufactured out of polyethylene, the tubing is responsible for transporting water from the source to the plants where the water is released by emitters and drip lines. Large scale drip tubes employ main lines that lead to several control valves located at different areas of a farm. Drip lines are drip tubes with pre-installed emitters that direct the flow of water to plants without the need for additional emitters. The emitters are molded into the tubing wall at regular intervals, and all that is visible on the outside is a hole for the water to flow out.

Surface drip irrigation holds the dominant market share in the application segment in the drip irrigation market.

Based on the application, the surface segment is expected to hold the largest market share between 2019 and 2025. Surface equipment is often made of polyethylene and is perceived as a temporary solution as the dripline is retrieved and recycled yearly. The submains can be permanent or temporary. These systems are used typically on high-value crops due to the yearly expense on new dripline and the labor for installation. Surface drip systems are adopted either as a full scale mainline or drip tape, which is folded for reuse. The installation costs for surface systems are lesser than that of subsurface systems. Surface drip irrigation equipment is widely used to irrigate perennial crops (trees and vines) and annual row crops. However, the design and management of irrigation equipment for these types of crops are different as compared to other row crops.

High growth is projected in the Asia Pacific drip irrigation market.

The Asia Pacific market is projected to be the fastest-growing market for the period considered for this study due to the strong potential for precision irrigation systems through the technological upgrade of current systems and components. The focus of agriculture has shifted from traditional crops to more commercial crops. Due to these changes, irrigation facilities are expected to modernize their irrigation management and preferably their infrastructure. Drip irrigation has become an essential aspect as commercial crops are sensitive to the amount of water required and the time taken for its delivery.

Break-up of Primaries:

By Company Type: Tier 1 - 70 %, Tier II - 25%, and Tier III – 5%

By Designation: C Level - 50%, D Level - 30%, and Others* - 20%

By Region: Asia Pacific – 45%, North America - 21%, Europe - 12%, , South America – 12% and RoW - 10%

*Others include sales managers, marketing managers, and product managers.

Leading players profiled in this report:

• Jain Irrigation Systems Ltd. (India)

• Lindsay Corporation (US)

• The Toro Company (US)

• Netafim Limited (Israel)

• Rain Bird Corporation (US)

• Chinadrip Irrigation Equipment Co. Ltd. (China)

• Elgo Irrigation Ltd. (Israel)

• Shanghai Huawei Water Saving Irrigation Corp. (China)

• Antelco Pty Ltd. (Australia)

• EPC Industries (India)

• Microjet Irrigation (South Africa)

• T-L Irrigation (US)

• Sistema Azud (Italy)

• Metzer Group (Israel)

• Grupo Chamartin (Italy)

• Dripworks Inc. (US)

Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/drip-irrigation-market-by-component-emitters-drip-tubes-drip-lines-filters-valves-and-pressure-pumps-emitter-drip/711671

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Issued By Sandhya Nair
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Country India
Categories Agriculture , Business
Tags #drip irrigation market , drip irrigation , Drip Irrigation System , drip irrigation market trends
Last Updated June 8, 2019