Press Release Description

Global Drip Irrigation Market is Anticipated to Upsurge at a CAGR of 10.5% during (2021-26)

According to the MarkNtel Advisors research report, Global Drip Irrigation Market Analysis, 2021," the market is likely to grow at a CAGR of 10.5% during 2021-26. Drip Irrigation is considered among the most efficient irrigation systems as they save both water & energy. The increasing demand for a surface system for drip irrigation due to lower installation cost, surging demand for biofuel, and paradigm shift of farmers' focus toward commercial crops are factors augmenting the growth of the drip irrigation market.

Moreover, significant investment in greenhouse agriculture for vegetable production, the launch of various awareness programs by the government to propel the adoption of drip irrigation among farmers, and the rising inclination of farmers toward sustainable agricultural practices are factors likely to fuel the market growth in the forecast period.

Key questions answered in the study

  1. What are the current and future trends in the global Drip Irrigation market?
  2. How has the market been evolving in terms of end-user demand and application areas?
  3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
  4. What are the key growth drivers and challenges for the global Drip Irrigation market?
  5. What is the customer orientation, purchase behavior, and expectations from the global Drip Irrigation market service provider across various regions?

Global Drip Irrigation Market Outlook

Greenhouse Witnessing Rapid Growth

Based on the Application, Greenhouse is likely to witness rapid growth in the Global Drip Irrigation market in the forecast period. The adoption of drip irrigation is propelling at a significant rate among greenhouse agriculture owing to snowballing demand for higher-quality crops and increasing demand for less water wastage in agriculture due to depleting groundwater. The rapid urbanization and soaring need for the land area under greenhouses are factors accelerating the demand for drip irrigation.

“Global Drip Irrigation Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Drip Irrigation providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings. 

North America Exhibits Fastest Growth

North America is likely to register the fastest growth in the Global Drip Irrigation market over the forecast period during 2021-26. The US dominated the North American region due to the increasing demand for food products by the rapidly growing population, stressing groundwater. The burgeoning investments in high-tech greenhouse projects for vegetable production, the growing issues of droughts in some areas, and increasing focus toward developing high yield crops are factors likely to contribute to the Global Drip Irrigation Market growth in the forecast period, reveals MarkNtel Advisors in their research report, "Global Drip Irrigation Market Analysis, 2021."

According to MarkNtel Advisors, the major leading players in the global Drip Irrigation market are EPC Industries Limited, Driptech Incorporated, Microjet Irrigation Systems, Rain Bird Corporation, Rivulus Irrigation, Netafim Limited, Jain Irrigation System Limited, Lindsay Corporation, The Toro Company, Valmont Industries, T-L Irrigation Company, Reinke Manufacturing Company, Inc., ELGO Irrigation Limited, Hunter Industries Inc, etc.

Market Segmentation:

  1. By Component (Emitters/Drippers, Pressure Pumps, Drip Tubes/Drip Lines, Valves, Filters, Fittings & Accessories)
  2. By Crop Type (Field Crops, Fruits & Nuts, Vegetable Crops, Other Crops (turf, ornamental, and spice crops)
  3. By Application (Agriculture, Landscape, Greenhouse)
  4. By Emitter Type (Inline, Online)
  5. By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
  6. By Country (U.S, Canada, Mexico, Brazil, Germany, France, The UK, Italy, Spain, India, China, South East-Asia, Japan, GCC, South Africa)
  7. By Competitors (EPC Industries Limited, Driptech Incorporated, Microjet Irrigation Systems, Rain Bird Corporation, Rivulus Irrigation, Netafim Limited, Jain Irrigation System Limited, Lindsay Corporation, The Toro Company, Valmont Industries, T-L Irrigation Company, Reinke Manufacturing Company, Inc., ELGO Irrigation Limited, Hunter Industries Inc)