The global drip irrigation market is poised for significant growth, with projections indicating a market size of USD 13.43 million by 2030, expanding at a robust CAGR of 10.7% during the forecast period. This expansion reflects the increasing adoption of efficient irrigation methods in agriculture, driven by factors such as water scarcity, the need to increase crop yields, and growing awareness of sustainable farming practices. Drip irrigation, known for its precise water delivery and minimized water waste, is becoming a favored solution for growers seeking to optimize resource utilization and improve productivity.
Competitive Insight:
Major market players operating in the global drip irrigation market include Chinadrip Irrigation Equipment Co., Ltd., Driptech Incorporated, EPC Industries Limited, Eurodrip S.A, Grupo Chamartin Chamsa, Hunter Industries, Irritec S. p. A, Jain Irrigation Systems, KSNM Drip, Lidsay Corporation, Metzer Group, Microjet Irrigation, Netafim, Rain Bird Corporation, Rivulus Irrigation, and The Toro Company. These players are adopting organic and inorganic tactics such as new product releases, collaborations & acquisitions, partnerships & mergers in order to increase their market presence and compete in the global market.
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Drip Irrigation Market, Component Outlook (Revenue – USD Billion, 2018 – 2030)
- Emitters/Drippers
- Drip Tubes/Drip Lines
- Pressure Pumps
- Valves
- Filters
- Fittings & Accessories
Drip Irrigation Market, Crop Type Outlook (Revenue – USD Billion, 2018 – 2030)
- Fruits & Nuts
- Field Crops
- Vegetable Crops
- Others
Drip Irrigation Market, Application Outlook (Revenue – USD Billion, 2018 – 2030)
- Surface
- Subsurface
The research study includes segmental analysis that divides the market into distinct groups or segments based on common characteristics. With market segmentation, businesses can identify specific customer groups that are more likely to be interested in specific products or services. Also, it enables these businesses to focus their marketing efforts and resources more efficiently, leading to higher conversion rates and improved return on investment. Furthermore, segmentation analysis helps companies develop personalized products or services, which can result in increased customer loyalty and improved customer satisfaction.
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https://www.polarismarketresearch.com/industry-analysis/drip-irrigation-systems-market
Table of Contents:
- Global Drip Irrigation Market Insights
- Drip Irrigation β Industry Snapshot
- Drip Irrigation Market Dynamics
- Drivers and Opportunities
- Rising government initiatives
- The increasing popularity of drip irrigation among crop growers
- Restraints and Challenges
- High cost associated with the drip irrigation systems
- Drivers and Opportunities
- Porterβs Five Forces Analysis
- Bargaining Power of Suppliers (Moderate)
- Threats of New Entrants: (Low)
- Bargaining Power of Buyers (Moderate)
- Threat of Substitute (Moderate)
- Rivalry among existing firms (High)
- PESTEL Analysis
- Drip Irrigation Market Industry Trends
- Value Chain Analysis
- COVID-19 Impact Analysis
- Global Drip Irrigation Market, by Component
- Key Findings
- Introduction
- Global Drip Irrigation Market, by Component, 2018 – 2030 (USD Billion)
- Emitters/Drippers
- Global Drip Irrigation Market, by Emitters/Drippers, by Region, 2018 – 2030 (USD Billion)
- Drip Tubes/Drip Lines
- Global Drip Irrigation Market, by Drip Tubes/Drip Lines, by Region, 2018 – 2030 (USD Billion)
- Pressure Pumps
- Global Drip Irrigation Market, by Pressure Pumps, by Region, 2018 – 2030 (USD Billion)
- Valves
- Global Drip Irrigation Market, by Valves, by Region, 2018 – 2030 (USD Billion)
- Filters
- Global Drip Irrigation Market, by Filters, by Region, 2018 – 2030 (USD Billion)
- Fittings & Accessories
- Global Drip Irrigation Market, by Fittings & Accessories, by Region, 2018 – 2030 (USD Billion)
- Global Drip Irrigation Market, by Crop Type
- Key Findings
- Introduction
- Global Drip Irrigation Market, by Crop Type, 2018 – 2030 (USD Billion)
- Fruits & Nuts
- Global Drip Irrigation Market, by Fruits & Nuts, by Region, 2018 – 2030 (USD Billion)
- Field Crops
- Global Drip Irrigation Market, by Field Crops, by Region, 2018 – 2030 (USD Billion)
- Vegetable Crops
- Global Drip Irrigation Market, by Vegetable Crops, by Region, 2018 – 2030 (USD Billion)
- Others
- Global Drip Irrigation Market, by Others, by Region, 2018 – 2030 (USD Billion)
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