Drip Irrigation Market

21 Mar

Sample

Drip Irrigation Market Poised to Grow at a CAGR of 12% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Drip Irrigation Market. The report presents analysis of global as well as regional markets of drip irrigation market over the period of 2016 to 2024. Drip irrigation is a type of micro irrigation system that is likely to save water and nutrients by allowing water to drip slowly to the roots of the plants either from above or buried below soil surface. It is the most effective method for using minimum quantity of water for higher yield. This system distribute water through pipes, emitters, valves and tubing. Drip irrigation allows poor farmers to utilize minimal quantities of water and cultivate home gardens and other land production of food required for the family and some for trade. Proper installation and management of this system can help in considerable preservation of water by controlling evaporation and drainage. It can control soil erosion and can be used efficiently for all soil types.

 

Prompt upsurge in population results in the growing demand of the agricultural product with limited resources and increasing need for water conservation mostly in unfertile regions are boosting the growth of the drip irrigation market. Additionally, agricultural irrigation segment is expected to hold the largest market share followed by greenhouse irrigation over upcoming years due to increasing water scarcity and growing adoption of irrigation tools in agricultural sector, which in turn, are driving the growth of drip irrigation market. Further, capacity of drip irrigation system for delivering improved yield with limited water supply and Small-scale farmers putting emphasis on applying these systems in order to upsurge crop yields by utilizing minimum water is again driving the growth of the market. Moreover, government enthusiasm of providing subsidies for drip irrigation and growing technological advancements in micro irrigation systems are some major factors fuelling the market growth. Besides this, the less water consumption ability and rising trend of sustainable irrigation methods is encouraging the adoption of drip systems to a large scale. However on the contrary, high initial investment cost related with installing drip irrigation system is anticipated to act as the restraining factor that affects the growth of the global drip irrigation system market. Among the geographies, Asia Pacific region dominates the market growth followed by North America and Europe region. In Asia Pacific region growing consciousness and prominent support from government through incentives and subsidies are driving the market growth. Further, increasing need for food production capacity with the less use of water is also driving the growth of this market in Asia Pacific region. In North America region, factors such as advancement in technology is boosting the growth of drip irrigation market. Europe region have compact cultivable land owing to growing industrialization government of European countries are taking initiatives to encourage drip irrigation system in farms to enhance the crop yield. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global drip irrigation market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global drip irrigation market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1577

 

The recent report identified that Asia Pacific dominated the global drip irrigation market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the drip irrigation market worldwide.

 

The report segments the global drip irrigation market on the basis of Components, Crop type and Application.

 

Global Drip Irrigation Market by Components

·         Filters

·         Pressure Pumps 

·         Valves

·         Emitters

·         Drip Tube

 

Global Drip Irrigation Market by Crop Type

·         Fruits & Vegetables

·         Cereals & Pulses

·         Turf & Ornamentals

·         Oilseeds & Pulses

 

Global Drip Irrigation Market by Application

·         Greenhouse

·         Agriculture

·         Landscape

 

Companies Profiled in the Report

·         The Toro Company 

·         Hunter Industries Incorporated 

·         Rain Bird Corporation 

·         Chinadrip Irrigation Equipment Co., Ltd. 

·         Antelco Pty Ltd

·         Lindsay Corporation 

·         Eurodrip S.A. 

·         Netafim Limited 

·         Rivulis Irrigation Ltd.

·         Elgo Irrigation Ltd. 

 

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