The global Drip Irrigation Market will be worth USD 11.25 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growth in the global population and the demand for increasing agricultural productivity. Increasing government programs and subsidies in developing countries like China and India regarding the adoption of drip irrigation for agricultural purposes is expected to drive the growth of the market over the forecast period. Moreover, the initiatives of the government to reduce the water scarcity in various European countries are most likely to boost the demand for the drip irrigation system.
COVID-19 Impact Analysis:
This report is the latest document encompassing the massive changes that took place in the Drip Irrigation market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Drip Irrigation market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the Drip Irrigation industry. Hence, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively in extreme economic uncertainties.
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Some Key Highlights from the Report
- In February 2019, Israel based irrigation solutions supplier Rivulis opened a manufacturing plant in Guanajuato, Central Mexico. The company announced that it is expanding its global footprint with the establishment of the new manufacturing plant. The new plant is set to become the largest manufacturing site for drip irrigation in the Americas.
- The surface drip segment held the largest market share of 64.9% in 2019. The cost-effectiveness of the system and the achievement of high-water distribution uniformity have fueled the demand for surface drip irrigation.
- Orchards are forecasted to grow with the fastest CAGR of 11.6% over the forecast period. The increasing cultivation and exports of nuts and fruits from the Asia Pacific region have increased drip irrigation adoption.
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Global Drip Irrigation Market Report – Table of Contents:
Chapter 1 includes the global Drip Irrigation market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Drip Irrigation market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Drip Irrigation market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Drip Irrigation industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
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Leading companies profiled in the report:
The Toro Company, Lindsay Corporation, Jain Irrigation Systems Ltd, Rain Bird Corporation, Netafim Ltd, Rivulis Irrigation Ltd, Hunter Industries, Elgo Irrigation Ltd., Chinadrip Irrigation Equipment Co. Ltd., and MAHINDRA EPC LTD., among others.
Global Drip Irrigation Market Segmentation:
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Emergen Research has segmented the global Drip Irrigation Market on the basis of Application, Crop Type, Component, and region:
Application Outlook (Revenue, USD Billion; 2017-2027)
- Subsurface drip irrigation
- Surface drip irrigation
Crop Type Outlook (Revenue, USD Billion; 2017-2027)
- Vegetable crops
- Field Crops
- Orchard Crops
- Other crops
Component Outlook (Revenue, USD Billion; 2017-2027)
- Drip Tubes
- Pressure Pumps
- Fittings & Accessories
The global Drip Irrigation market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Drip Irrigation market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2019-2027
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