Global Drip Irrigation Market is expected to foresee significant growth. APAC to Hold Significant Share!
- Vikas Kumar
- July 30, 2022
- ENERGY & POWER, NEWS
- Drip Irrigation Market, Drip Irrigation Market Forecast, Drip Irrigation Market Growth, Drip Irrigation Market Share, Drip Irrigation Market size, Drip Irrigation Market Trend
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Drip Irrigation is also known as trickle irrigation or micro-irrigation, it involves dripping water onto the soil at very low rates. It is highly beneficial for the farmers as it has a parameter that helps in preventing 50% energy efficiency and 70% water efficiency. It is a low-pressure, precision-delivery irrigation system. It is a type of micro-irrigation procedure that ensures the slow application of water to the soil surface consistently during a longer period through small diameter tubes and pipes delivered at the root zone of the plants, drop by drop via drippers. The main objective of the drip irrigation system is to ensure wastewater management. The drip irrigation method does not permit water loss due to evaporation, deep percolation, and run-off in sandy soils. Thus, the global drip irrigation market is expected to witness a CAGR of around 11% during the forecast period (2021–2027).
However, Covid – 19 has devasted the global economy restriction on movement imposed by the government to reduce the spread of the coronavirus had negatively impacted various industries, and drip irrigation was also affected. In addition, irrigation agencies around the world have continued to function despite challenging circumstances. However, there have been multiple shocks impacting service delivery, such as fiscal constraints, interruption of supply chains due to travel restrictions, and lack of availability of labor which negatively impacted the market size of drip irrigation.
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Based on the mechanism, the market is fragmented as drip and sprinkler. The drip caters extensive share in the drip irrigation market and is expected to witness influential growth during the forecasted period. Drip irrigation is a process in which water flows through narrow pipes laid on the fields and drips through small holes (emitters) directly at the place of plant roots. Drip is a modern method of irrigation that is helping in using water economically. As roots absorb the water and nourish the plant and no water is wasted with this method.
Based on application, the market is categorized into the surface, and sub-surface. During the forecast period, the surface segment is likely to dominate the global drip irrigation market. As they are well-designed irrigation equipment that enhances agricultural production and reassures the economic vitality of the farmer. In addition, surface drip irrigation equipment is widely used to irrigate perennial crops (trees and vines), vegetable crops, and annual row crops which in turn is escalating the market size of the drip irrigation system. Surface equipment utilizes water, which is applied over the soil by drip tubes or laterals.
Based on components, the market is fragmented into emitters/drippers, pressure pumps, drip tubes/drip lines, valves, filters, fittings & accessories, and others. During the forecast period, the emitters/drippers segment is likely to dominate the global drip irrigation market. As it helps in no water clogging and controls the flow of water into the root zone at a specific rate. Moreover, a drip irrigation setup is easy to install in any commercial or residential area. They have different shapes and sizes such as flat boat-shaped, cylindrical, and can be attached to the inner wall of the lateral. They usually help to grow field crops or crops inclined in the row format. The inline emitter installation help in the cancellation cost of additional emitters, which is indirectly increasing the demand for emitters.
Based on crop type, the market is categorized into field, orchard, vegetable, landscape, ornamental, and others. During the forecast period, the field crop segment is likely to dominate the global drip irrigation market due to its precise application to the crops. In addition, it offers benefits such as reduced costs, higher profit margins, and lesser water and fertilizer requirements. Moreover, the consumption of field crops such as vegetables, onion, corn, and other crops is quite high over the world, and it is very profitable which is positively escalating the market outlook.
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For a better understanding of the market adoption of the drip irrigation market, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America); Europe (Germany, United Kingdom, France, Italy, Spain, and the Rest of Europe); Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific); and the Rest of World. APAC is expected to witness significant growth in the drip irrigation market during the forecast period. The major contributors to the growth of this market are due to developing countries such as India & China. As rising technology and up-gradation in the agriculture industry, coupled with escalating farmers’ awareness about modern farming techniques and irrigation systems such as precision irrigation systems. In addition, the government is also offering high subsidies on its installation and providing micro-irrigation to the farmers.
Some of the major players operating in the market include Chinadrip Irrigation Equipment Co. Ltd, Jain Irrigation Systems Ltd, Rivulis Irrigation Ltd, Lindsay Corporation, EcofloIndia, Netafim Limited, Rain Bird Corporation, Hunter Industries, Elgo Irrigation Ltd., The Toro Company. Several M&As along with partnerships have been undertaken by these players to boost their presence in different regions. For instance, In August 2019, a satellite-based software solution called ‘Manna’ was launched by Rivulis Irrigation to provide better solutions for drip irrigation systems.
Global Drip Irrigation Market Segmentation
Market Insight, by Mechanism
Market Insight, by Component
Market Insight, by Application
Market Insight, by Crop Type
Market Insight, by Region
- North America
- Rest of North America
- United Kingdom
- Rest of Europe
- Rest of Asia-Pacific
- Rest of World
Top Company Profiles
- Chinadrip Irrigation Equipment Co. Ltd
- Jain Irrigation Systems Ltd
- Rivulis Irrigation Ltd
- Lindsay Corporation
- Netafim Limited
- Rain Bird Corporation
- Hunter Industries
- Elgo Irrigation Ltd.
- The Toro Company