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Showing posts with the label Drip Irrigation

Drip Irrigation Market Industry Growth and Recent Trends

The Drip irrigation Market is estimated to be valued at USD 5.2 billion in 2022 and is projected to reach USD 8.3 billion by 2027, recording a CAGR of 9.8% during the forecast period in terms of value. The global market for drip irrigation systems is seeing growth opportunities thanks to new product innovations and patent registrations, reflecting an increasing demand for cutting-edge agricultural technologies. Countries with agricultural economies, such as India and China, are among the largest markets due to the growing issue of water scarcity in these regions. Drip irrigation is particularly well-suited to intensive farming methods, such as vegetable production, and has gained global acceptance as a technology that can greatly improve water use efficiency, with rates reaching as high as 90-95%. Download PDF Brochure Advancements in technology have reduced the need for manual labor in agriculture. Drip irrigation, which can be automated, is a cost-effective method for watering vari...

Demand for Drip Irrigation is Growing in the Developing countries

The Drip irrigation Market is estimated to be valued at USD 5.2 billion in 2022 and is projected to reach USD 8.3 billion by 2027, recording a CAGR of 9.8% during the forecast period in terms of value. The global drip irrigation systems market has realized opportunities in terms of innovative products and patent registrations, thereby indicating a growing demand for the latest agricultural technologies. Developing countries such as India and China are among the largest markets due to the agrarian nature of their economies and increasing levels of water scarcity that affects the regions. Drip irrigation is well suited to intensive systems such as vegetable production. It has gained widespread acceptance internationally as a technology that can increase water use efficiency to about 90–95%. Download PDF Brochure The vegetable crops segment is estimated to hold the second largest market in the drip irrigation market in 2022. Vegetable crops grown using drip irrigation require regular wa...

Drip Irrigation Market Drivers, Restraints, Opportunities & Challenges

  The   Drip Irrigation Market  i s estimated to be valued at USD 9.3 billion by 2025, from USD 5.5 billion in 2020, at a CAGR of 10.8% during the forecast period. The market is driven by factors such as enhanced crop yields, optimum utilization of resources, reduced agricultural input costs and improved efficiency in agricultural production. Download PDF Brochure Based on crop type, the field crops segment is projected to be the most significant contributor in the drip irrigation market during the forecast period The demand for field crops is likely to record a higher market share between 2020 and 2025. Drip irrigation has been gaining significance among field crop growers for its precise application to the crops, and thus, is offering increased benefits such as reduced costs, higher profit margins, and lesser water and fertilizer requirements. Drip irrigation proved to be profitable for growing vegetables, orchard crops, and turf & lawns; however, in the last decade...

Drip Irrigation Market Analysis with Ongoing Trends & Market Revenue

The  Drip Irrigation Market  i s estimated to be valued at USD 9.3 billion by 2025, from USD 5.5 billion in 2020, at a CAGR of 10.8% during the forecast period. The market is driven by factors such as enhanced crop yields, optimum utilization of resources, reduced agricultural input costs and improved efficiency in agricultural production. Download PDF Brochure The key manufacturers of drip irrigation systems and components in this market include Jain Irrigation Systems Ltd. (India), Lindsay Corporation (US), The Toro Company (US), Netafim Limited (Israel), Rain Bird Corporation (US), Chinadrip Irrigation Equipment Co. Ltd. (China), Elgo Irrigation Ltd. (Israel), Shanghai Huawei Water Saving Irrigation Corp. (China), Antelco Pty Ltd. (Australia), EPC Industries (India), Microjet Irrigation (South Africa), KSNM Drip  (India), Sistema Azud (Italy), Metzer Group (Israel), Grupo Chamartin Chamsa (Italy), and Dripworks Inc. (US). Jain Irrigation Systems Ltd. (India)  is p...