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Drip Irrigation Market Segmentation By Crop Type and By Region 2021


The report takes into account the current COVID-19 impact on the global economy and this particular business sector. The global Drip Irrigation market growth has been extensively hampered by the current economic situation triggered by the COVID-19 pandemic. The pandemic has led to some devastating effects on the global economy, besides disrupting the functioning of the Drip Irrigation industry. It offers an exhaustive analysis of the present and future effects of the pandemic on this business sphere. Moreover, the adverse effects of the coronavirus pandemic on the global Drip Irrigation market, as well as its fundamental segments, have also been elucidated in this report.

The global Drip Irrigation Market will be worth USD 11.25 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growth in the global population and the demand for increasing agricultural productivity. Increasing government programs and subsidies in developing countries like China and India regarding the adoption of drip irrigation for agricultural purposes is expected to drive the growth of the market over the forecast period. Moreover, the initiatives of the government to reduce the water scarcity in various European countries are most likely to boost the demand for the drip irrigation system. The rising need for higher crop productivity and reduction in the usage of fertilizers and pathogen attacks will surely increase the utilization of advanced irrigation systems.
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Read More@ https://www.emergenresearch.com/industry-report/drip-irrigation-market

Key Highlights From The Report

In February 2019, Israel based irrigation solutions supplier Rivulis opened a manufacturing plant in Guanajuato, Central Mexico. The company announced that it is expanding its global footprint with the establishment of the new manufacturing plant. The new plant is set to become the largest manufacturing site for drip irrigation in the Americas.
The surface drip segment held the largest market share of 64.9% in 2019. The cost-effectiveness of the system and the achievement of high-water distribution uniformity have fueled the demand for surface drip irrigation.
Orchards are forecasted to grow with the fastest CAGR of 11.6% over the forecast period. The increasing cultivation and exports of nuts and fruits from the Asia Pacific region have increased drip irrigation adoption.
Emitters accounted for the largest market share in 2019 as the installation of inline emitters helps in the cancellation of costs for additional emitters.
The Asia Pacific region is expected to be the fastest-growing region over the forecast period. The technological up-gradation of the traditional irrigation system through the adoption of precision irrigation systems is projected to fuel the drip irrigation system in the region.
Key participants include The Toro Company, Lindsay Corporation, Jain Irrigation Systems Ltd, Rain Bird Corporation, Netafim Ltd, Rivulis Irrigation Ltd, Hunter Industries, Elgo Irrigation Ltd., Chinadrip Irrigation Equipment Co. Ltd., and MAHINDRA EPC LTD., among others.
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