Drip Irrigation Market Revenue to outshine USD 10717.94 MN By 2027
Posted On April 28, 2021
The Global Drip Irrigation Market revenue is anticipated to grow to around USD 10717.94 MN by 2027 with a CAGR of 10% during the year 2021-2027 as per the report published by Value Market Research. The growing need for an efficient and economical water and nutrient delivery system for growing crops is the primary impetus for the drip irrigation market. This approach's several benefits like healthier foliage, fungus prevention, and soil erosion will benefit market growth. Modern organizations trying to change global agriculture's economics by producing more calories per hectare and cubic meter of water will further propel market growth. Large-scale adoption of this approach in residential, commercial greenhouses, and the hospitality sector will boost the market growth. Ability to achieve water conservation using correctly designed, installed, and managed drip irrigation systems will be a market booster. The high initial costs and higher chances of the irrigation components being affected by climatic conditions will be the primary challenges for market growth.
Drip irrigation or trickle irrigation is a micro-irrigation system that involves dripping water onto the soil at meager rates from a system of small diameter plastic pipes fitted with outlets. This approach's primary goal is to place water directly into the root zone, minimize evaporation, and reduce water usage and deep drainage. The study of relevant factors like land topography, soil, water, crop, and agro-climatic conditions is necessary to determine the suitable drip irrigation system. Sometimes liquid fertilizer is mixed with the irrigation water. Drip irrigation can be used in farms, commercial greenhouses, residential gardens, and extensively in areas of acute water scarcity.
The elaborate study "Global Drip Irrigation Market Report By Components (Emitters, Pressure Gauge, Drip Tube, Valves, Filters, Others) By Crop Type (Field Crops, Fruits & Nuts, Vegetable Crops, Other Crops (Turf, Ornamental, And Spice Crops), By Application, (Agriculture, Landscape, Greenhouse, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" poses a refreshing view of the market taking into consideration all the aspects affecting the market.
On the basis of components the market is segmented into Emitters, Pressure Gauge, Drip Tube, Valves, Filters, Others. By crop type the drip irrigation market is categorised as Field Crops, Fruits & Nuts, Vegetable Crops, Other Crops (turf, ornamental, and spice crops). By application the drip irrigation market is categorised as Agriculture, Landscape, Greenhouse, Others. The report covers North America (North America, United State and Rest of North America), Europe (United Kingdom, France , Germany, Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. The data tables in these chapters give the market estimates on the basis of all the segments.
The Report Segments Global Drip Irrigation Market -
- Pressure Gauge
- Drip Tube
By Crop Type
- Field Crops
- Fruits & Nuts
- Vegetable Crops
- Other Crops (turf, ornamental, and spice crops)
- North America
- The Asia Pacific
- Latin America
- The Middle East and Africa
Players Profiled In the Report:
Netafim limited, Jain Irrigation System Limited, The Toro Company, Driptech Incorporated, Lindsay Corporation, Rain Bird Corporation, Eurotrip S.AEPC Industries Limited, Microjet Irrigation Systems, and Rivulus Irrigation.
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