Drip Irrigation Systems Market Overview
Drip Irrigation System that spares fertilizer and water by allowing water to drip slowly to the roots of different plants, either onto the soil surface or directly onto the root zone, through a system of filters, valves, tubing, pipes and emitters. The water is spread over the field by parallel tubing and connected through drippers introduced on the tubing at equivalent intervals. So, the best technique to use in applying water to gardens, home landscapes and orchards is drip irrigation. The reason behind the use of drip irrigation system is that the soil moisture remains constant.
Rising demand for the agricultural products due to increasing population, decreasing water wastage, increasing technological advancement in irrigation facilities, government subsidies in various countries are the factors driving the growth of the Drip Irrigation systems market. High investment cost and lack of proper awareness are the restraining the market.
Drip Irrigation Systems Market Forecast Report (2018-2023)
Global Drip Irrigation Systems Market was worth USD 2841.06 million in 2018 and is predicted to grow at a CAGR of 10.70%, to reach USD 4723.01 million by 2023.
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Drip Irrigation Systems Market Segmentation
Global Drip Irrigation systems Markets is categorized on the basis of Crop Type into Fruits and Vegetables, Field crops, Orchard Crops, Turf and ornamental, Vineyard and others. On the Basis of Application the market further divided into Agriculture, Landscape, Greenhouse and Others. On the basis of components, the market is segmented into Pressure Gauges, Filters, Valves, Emitters, Drip Tubes, and Others.
On the basis of geography, the global Drip Irrigation systems market is analyzed under various regions namely North America, Europe, Asia-Pacific Middle east and Africa. Asia-Pacific has the largest share of the market followed by North America and Europe. Developing countries in Asia-Pacific region such as China, India are expected to use modern farming methods.
The major companies dominating this market for its products and services are
- Netafim Limited,
- Jain Irrigation System Limited,
- Lindsay Corporation,
- The Toro Company,
- Euro drip S.A,
- EPC Industries Limited,
- Rain Bird Corporation,
- Rivulus Irrigation,
- Driptech Incorporated.
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