According to a recent estimate by Emergen Research, the worldwide drip irrigation market would be valued USD 11.25 billion by 2027. The rise in global population and the need for higher agricultural production can be linked to the expansion of this market. The adoption of drip irrigation for agricultural purposes is likely to be supported by growing government initiatives and subsidies in developing nations like China and India throughout the course of the projection period. Additionally, efforts by the government to ease water shortages in a number of European nations are quite likely to increase demand for drip irrigation systems.
The advantages that have increased in popularity among growers of field crops as a result of its precise application have led to an expansion of the worldwide drip irrigation market. Additionally, increased field crop prices, decreased water use, and a shift to sustainable irrigation practises all promote the demand for drip irrigation. Second, a rising global population increases the demand for food, which in turn drives the growth of the drip irrigation industry worldwide. Government initiatives to give subsidies and the rising prices of field crops have both contributed to the growth of the drip irrigation industry.
Drip irrigation is an efficient and effective method of watering crops, which has gained popularity in recent years due to the growing water scarcity issues worldwide. This type of irrigation system delivers water directly to the roots of plants through a network of pipes, emitters, and valves. This helps in saving water as well as reduces the chances of evaporation and runoff. Moreover, it also helps in reducing labor costs associated with irrigation.
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.
Highlights from the Report:
- Drip irrigation system adoption is mostly driven by support from government organisations and public-private partnerships through well-known industry players in developing nations like China and India. Government initiatives like India’s Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) aim to increase farmers’ acceptance of micro-irrigation by expanding its use across the nation through subsidies on kits and systems. Another element that continues to fuel the expansion of drip irrigation systems in developing nations is state-sponsored programmes.
- Between 2020 and 2027, the market share of field crops is anticipated to increase. Due to its exact application to the crops, drip irrigation has grown in popularity among growers of field crops and is now providing more advantages, including lower costs, larger profit margins, and fewer water and fertiliser needs. Drip irrigation has proven beneficial for growing turf and lawns, orchard crops, and vegetables; however, in the past ten years, it has also shown profitable for field crops like maize, cotton, and sugarcane. The market’s expansion has also been spurred by the rising costs of field crops.
- The market is divided into surface and subsurface systems according to application. A well-designed irrigation system can increase agricultural output while ensuring the farmer’s financial stability. An irrigation system’s operational agronomic procedures are crucial elements. Equipment for surface drip irrigation is frequently used to irrigate annual row crops, perennial crops (trees and vines), and vegetable crops. Water is used by surface equipment, which drip tubes or laterals apply to the soil.
- Rivulis, a provider of irrigation systems based in Israel, launched a production facility in Guanajuato, Central Mexico, in February 2019. The establishment of the new manufacturing facility, according to the company, will increase its global reach. The new facility is expected to grow to be the largest drip irrigation manufacturing facility in the Americas.
- In 2019, the surface drip segment’s market share was the highest at 64.9%. The success of high water distribution uniformity and the system’s economic effectiveness have increased demand for surface drip irrigation.
- Over the forecast period, orchards are expected to grow at the quickest CAGR of 11.6%. The adoption of drip irrigation has expanded as a result of the increased production and export of nuts and fruits from the Asia-Pacific region.
- The surface drip segment is projected to grow at the highest CAGR during the forecast period. The growing adoption of surface drip irrigation systems in agriculture due to their numerous advantages over conventional irrigation methods is the major factor driving the growth of this segment. The growing demand for water conservation in agriculture and landscaping is also expected to fuel the market growth during the review period.
Emergen Research has segmented the global Drip Irrigation Market on the basis of Application, Crop Type, Component, and region:
Application Outlook (Revenue, USD Billion; 2017-2027)
· Subsurface drip irrigation
· Surface drip irrigation
Crop Type Outlook (Revenue, USD Billion; 2017-2027)
· Vegetable crops
· Field Crops
· Vineyards
· Orchard Crops
· Other crops
Component Outlook (Revenue, USD Billion; 2017-2027)
· Emitters
· Drip Tubes
· Pressure Pumps
· Filters
· Valves
· Fittings & Accessories
