Agricultural output is a notable factor for any country in their economic journey on the global scale. Farmers and cultivators across various countries have been working with agricultural institutes in understanding the key crops that could be grown in their fields to create profitable operation across their farms. Researchers and market participants have played a key role in helping farmers to understand the various facets of the agricultural discipline which would help in improving the productivity of their respective farms. The concept of advanced agriculture has since, been advocated and adopted earlier by research institutes and now by various independent and commercial farmers across numerous countries.
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A notable operation utilized in advanced agriculture is seen to be drip irrigation. The concept is developed in order to provide the fields with optimal amount of water such that the crops in the field grow well while maintaining the balance of nutrients in the soil for the crops. Excess irrigation or improper irrigation practices have led to significant losses for the cultivators and have led them to look for improved alternatives that help in improving farm yield. The adoption of products in the drip irrigation market are seen to help users with variable water availability to maintain high farm output. The initiatives from market participants with respect to product awareness across the farming sector is expected to help the drip irrigation market with wider customer reach and potentially lead towards a profitable future. The global drip irrigation market was estimated to be worth US$ 4666.31 Mn in 2019, and is expected to grow at a CAGR of 10.25% during the forecast years.
The detailed research study provides qualitative and quantitative analysis of drip irrigation market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Key Findings of the Report:
- The offerings in the drip irrigation market are provided to users in the form of various components. Products such as drippers, dripper tubes, valves, filters, and accessories among others have been utilized by cultivators for employing an optimized drip irrigation system in the fields. The adoption of these products is influenced through the demand for improvements in terms of productivity for the fields along with the concerns related to soil health. In addition to this, the adoption of services has been expected to grow over the near future. Consulting services for the fields help farmers in understanding the optimal methods for employing drip irrigation across their farm and lead towards better yield and productivity. Furthermore, the use of implementation services from market participants is expected to grow over the near future. The provision of technical support in the implementation of drip irrigation systems in various fields is seen to play a key role in the adoption of services in the overall drip irrigation market.
- Based on the various end users, residential users are expected to show a faster growth trend with respect to the revenue for the global drip irrigation market. The awareness regarding residential and in-house farming has been growing over the recent years. In addition to this, initiatives from various public and private organizations related to improving the products for domestic farming has been influential for the positive adoption trends in the agricultural sector. Drip irrigation is seen to be the most preferred mode of irrigation for domestic farming and is hence, becoming a major area for investments from domestic farming counterparts. These factors are expected to be responsible for the influx of revenue from the domestic users segment in the drip irrigation market over the forecast period.
- On the basis of application, drip irrigation products and services are utilized in on-surface and subsurface applications. The on surface applications utilize drip tubes with drippers at suitable lengths for optimal flow of water for the plants. The design and effectiveness of the drip irrigation systems in the on surface applications have led to increased adoption levels and thereby led to significant revenue generation in the drip irrigation market.
- Asia Pacific is expected to be the fasted growing revenue generating region for the drip irrigation market over the forecast period. The investments towards advanced agriculture across various countries in the region is expected to be fruitful for the adoption of various market offerings. In addition to this, market initiatives from various market participants are expected to improve product and service awareness among the major end users is also expected to propel the adoption levels for various products and services offered in the drip irrigation market.
- Some of the major players operating in the drip irrigation market are AGRODRIP, Antelco, AZUD, Chamsa – Grupo Chamartin, Chinadrip Irrigation Equipment Co., Ltd., DripWorks, Inc, Elgo Irrigation Ltd, Eurodrip A.V.E.G.E, Goldenkey, Grodan, HUNTER INDUSTRIES, Irrigation Direct Canada, Irritec S.p.A, Jain Irrigation Systems Ltd, KSNM DRIP., Lindsay Corporation, Metro Irrigation, Metzer, NETAFIM, NORMA Group SE, Rain Bird Corporation, Rivulis, Shanghai Irrist Corp., Ltd., The Toro Company, and Trimble Inc. among others.
Global Drip Irrigation Market:
- By Region:
- Commercial
- Residential
- By End User
- Integrated/Inline
- Online
- By Dripper Type
- Subsurface
- On Surface
- By Application
- Protected Crops
- Orchards
- Field Crops
- By Crop Type
- Services
- Consulting and Advisory
- Implementation and Training
- Design and Development
- Others
- Products
- Drip Lines
- Drip Tapes
- Drip Tubes
- Drippers
- Pressure Compensation (PC) Drippers
- Non- Pressure Compensation (PC) Drippers
- Filters
- Valves
- Fittings and Accessories
- Others
- By Component
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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