Drip Irrigation Industry Analysis - Growth, Statistics, COVID-19 Impact, and Forecasts (2021 - 2027)
Market Analysis
The Drip Irrigation Industry
Analysis is likely to touch USD 7.9 billion at a 10.3% CAGR between 2019- 2024,
reveals the new Market Research Future (MRFR) report. Drip irrigation or
trickle irrigation, simply put, is a unique way to directly supply water to the
roots of the crops. One of its benefits is that it prevents waterlogging that
is generally caused by flood irrigation. Landscape, plantation crops, orchard
crops, field crops, and others are some of its major end uses.
Numerous factors are adding to the
Drip Irrigation Industry Analysis demand. Such factors, as revealed by the
latest MRFR report, include a decrease in production cost, enhancement of
production, water conservation activities, and favourable government
initiatives. Additional factors propelling the Drip Irrigation Industry
Analysis growth include increased fertilizer use efficiency, and increasing
subsidies provided by the government.
On the contrary, the higher
initial investment may limit the Drip Irrigation Industry Analysis growth over
the forecast period.
Key Players
Notable players profiled in the Drip
Irrigation Industry Analysis
report include Microjet Irrigation Systems (South Africa), The Toro Company
(US), DripWorks, Inc. (US), Netafim Ltd (Israel), Nelson Irrigation Corporation
(US), EPC Industries (India), Lindsay Corporation (US), T-L Irrigation Company
(India), Jain Irrigation Systems Limited (India), Kothari Agritech Private
Limited (India), Chinadrip Irrigation Equipment Co. Ltd (China), Irritec S.p.A
(Italy), Antelco Pty Ltd (Australia), Harvel Agua (India), and Rivulis
Irrigation Limited (Israel). Industry players have incorporated strategies such
as agreements, collaborations, acquisitions, and new product launches to extend
their competitive advantage and augment their market position.
Market Segmentation
The Market Research Future Report
provides an inclusive segmental analysis of the Drip Irrigation Industry
Analysis based on end use, application technique, and emitter type.
By emitter type, the Drip
Irrigation Industry Analysis is segmented into online emitters and inline
emitters. Of these, the inline emitters segment is predicted to lead the market
over the forecast period and grow at a high CAGR for its increasing demand from
farmers. They are pre-installed, thus save labor cost considerably.
By application technique, the Drip
Irrigation Industry Analysis is segmented into sub-surface and surface. Of
these, the surface segment will dominate the market over the forecast period
for the burgeoning demand for the irrigation of perennial and vegetable
crops.
By end use, the Drip Irrigation
Industry Analysis is segmented into the landscape, plantation crops, orchard
crops, field crops, and others. Of these, field crops will have a major share
in the market over the forecast period for the rising awareness about the
benefits of drip irrigation among farmers for cultivation of field crops like
increased efficacy of fertilizers and precise & equal distribution of water.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/drip-irrigation-market-8252
Regional Analysis
By region, the global Drip
Irrigation Industry Analysis covers the growth opportunities and recent trends
across Europe, North America, the Asia Pacific (APAC), and the Rest of the
World (RoW). Of these, the APAC region will command the largest share in the
market over the forecast period for agriculture being the primary occupation
and burgeoning demand for food.
The Drip Irrigation Industry
Analysis in North America is predicted to have significant growth over the
forecast period for the rapidly growing agriculture industry.
The Drip Irrigation Industry
Analysis in Europe is predicted to have notable growth over the forecast period
for the burgeoning demand for drip irrigation systems to boost cultivation of
fruits, and increasing awareness among farmers regarding sustainable farming
practices. Besides, increasing population, water scarcity owing to
industrialization, reduction in arable land, and the government encouraging the
production of high crops with limited resources with the help of drip
irrigation is also adding
market growth.
The Drip Irrigation Industry
Analysis in the RoW is predicted to have stable growth over the forecast period
for the expansion of the agricultural industry.
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New York 10013,
United States of America
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