Drip Irrigation Market by Component, Application, Region - Global Forecast 2025

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MarketsandMarkets Presents
Drip Irrigation Market - Forecast to
2025 https//www.marketsandmarkets.com/Market-Repo
rts/drip-irrigation-systems-market-217216582.html

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The Report "Drip Irrigation Market by Component
(Emitters, Drip Tubes/Drip Lines, Filters,
Valves, and Pressure Pumps), Emitter/Dripper Type
(Inline And Online), Application (Surface And
Subsurface), Crop Type, and Region - Global
Forecast To 2025", The drip irrigation market is
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. Browse 254 market
data Tables and 49 Figures spread through 299
Pages and in-depth TOC on "Drip Irrigation Market
- Global Forecast To 2025 Asia Pacific is
projected to dominate the drip irrigation market
by 2025 The Asia Pacific drip irrigation market
is anticipated to witness significant growth
during the forecast period due to the high
agricultural production, government initiatives
incentivizing the adoption of drip irrigation
systems, and increase in irrigable areas in the
region which has resulted in water scarcity
across multiple countries in the region. Asia
Pacific was the largest consumer of drip
irrigation and is a key exporter of agricultural
products. The region is mainly dominated by
large-scale operations, primarily exports, with
an organized distribution chain. Download PDF
Brochure https//www.marketsandmarkets.com/pdfdow
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• Report Objectives
• To describe and forecast the drip irrigation
  market, in terms of component, crop type, emitter
  type, application, and region
• To describe and forecast the drip irrigation
  market, in terms of value, by regionAsia
  Pacific, Europe, North America, and the Rest of
  the Worldalong with their respective countries
• To provide detailed information regarding the
  major factors influencing market growth (drivers,
  restraints, opportunities, and challenges)
• To strategically analyze micromarkets with
  respect to individual growth trends, prospects,
  and contributions to the overall market
• To study the complete value chain of drip
  irrigation
• To analyze opportunities in the market for
  stakeholders by identifying the high-growth
  segments of the drip irrigation ecosystem
• To strategically profile key players and
  comprehensively analyze their market position in
  terms of ranking and core competencies, along
  with detailing competitive landscape for market
  leaders
• To analyze strategic approaches such as
  acquisitions and divestments, expansions and
  investments, product launches and approvals,
  agreements, collaborations and partnerships in
  the drip irrigation market
• Request for sample Pages https//www.marketsandma
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COVID-19 impact on Drip irrigation market The
COVID-19 pandemic has had a significant global
impact, due to which several industries are
facing dire consequences. The pandemic continues
to have complex and far-reaching impacts across
the water-energy-ecosystem-food nexus. As an
enabler of hundreds of millions of agricultural
jobs in rural areas, the irrigation sector allows
the worlds critical production systems,
livelihoods of the majority of the worlds poor
and is responsible for shifting to water saving
sustainable practices.  Drip irrigation companies
around the world have continued to function
despite challenging circumstances. However, there
have been multiple shocks impacting service
delivery, such as fiscal constraints,
interruption of supply chains due to travel
restrictions, and lack of availability of
labor. Opportunity Increasing adoption of
precision agriculture and sustainable
practices Commercial horticulturalists have been
consistently trying to use resources to maximize
profits, of which precision farming and
sustainable agriculture plays a key role.
Considering the rising production cost, farmers
are trying to implement drip irrigation to
increase irrigation efficiency and crop
productivity. There is an emerging trend for an
increase in greenhouse vegetable production. An
increase in acreage under protected farming
systems is expected to drive the drip irrigation
systems market. The use of drip irrigation
reduces environmental degradation and minimizes
groundwater table depletion. It is considered
sustainable, as the water usage rate is at
gallons per hour instead of gallons per minute,
which also reduces evaporation and runoff.
Growing awareness, regulatory reforms, and
agricultural policy for sustainably produced
foods would contribute to the growth of the drip
irrigation market. Make an Inquiry
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• Key Market Players
• The key drip irrigation manufacturers 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). These players
  are undertaking a strategy involving new product
  launches, acquisitions, and collaborations
  agreements to improve their market position and
  extend their competitive advantage.
• Recent Developments
• In June 2020, Lindsay Corporation announced the
  acquisition of Net Irrigate, LLC (US), an
  agriculture Internet of Things technology company
  that provides remote monitoring solutions for
  irrigation customers. The acquisition would help
  the company to enhance its irrigation technology
  offering.
• In May 2020, The Toro Company launched
  clog-resistant drip tape, Toro Aqua-Traxx Azul
  drip tape. The drip tape offers a filter inlet
  design and optimized flow passages that pass
  through debris to maximize clog resistance and
  product performance.
• In May 2019, The Metzer Group launched new ring
  connectors for its line of drip tapes. The new
  ring connectors are available in four different
  variants and are ideal for use in thin-walled
  pipes.
• In February 2019, Rivulis expanded its operations
  in Mexico with the opening of a new factory in
  Leon. The factory is expected to become the
  largest drip irrigation factory in the Americas
  and started manufacturing operations in early
  February.
• In February 2018, Mexichem (Mexico), a
  diversified conglomerate with businesses in
  plastic piping, chemicals, and petrochemicals
  acquired a majority stake in Netafim in a deal
  valued at USD 1.895 Billion. 
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalystNew.asp?id217216582

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