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Drip Irrigation Market Size, Growth Opportunities, Challenges, Competitive Analysis Research Report 2022-2028

Research Report

DataM Intelligence

Global Drip Irrigation Market size is expected to reach USD 10 billion by the end of 2028, with growth at a CAGR of 15% during the forecast period 2022-2028.

North America Drip Irrigation Market to produce with a CAGR of 11 % throughout the forecast period from 2022-2028”
— DataM Intelligence
CLEVELAND, OHIO, USA, January 28, 2022 / -- Drip Irrigation Market Overview:

According to the research report published by the DataM Intelligence, the Drip Irrigation Market size valued at USD 5 billion in 2020, it is expected to reach USD 10 billion by the end of 2028, with growth at a CAGR 15% during the forecast period 2022-2028.

The drip irrigation system is mainly chosen by the farmers through the country over surface irrigation, owing to wastage of water over evaporation. Increasing acceptance of drip irrigation systems all over the globe is anticipated to boost the demand for the global drip irrigation market throughout the forecast period.

The quick increase in population has controlled to the growth in demand of the agricultural product, which has enhanced the demand for farming of agricultural crops with inadequate resources.

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Drip Irrigation Market Growth Demand:

Support from financial institutions and grants from the government, global lack of water, and new innovative technological will push the drip irrigation market in the coming years. Prominent players and providers are targeting growing countries such as China, and India owing to a huge demand for cost-effective production elements.

Water is a scarce resource in several European countries, like the Germany and United Kingdom, which is the main problem faced by some greenhouse vegetable farmers. Therefore, drip irrigation systems are ahead of huge popularity in these regions, mainly southeast European countries, mostly to raise the production of greenhouse vegetables.

Drip irrigation is expensive as of the requirement of huge quantities of piping and filtration equipment.

Drip Irrigation Market Segmentation:

Global Drip Irrigation Market is segmented By Type (Body Briefs, Control Camisoles, Waist Cinchers, Body Shapers, Others), By Application (Medical Applications, Athletic Use, Others), By Distribution Channel (Online, Offline, Supermarkets & Hypermarkets, Specialty Stores).

Regional Growth Analysis:

North America drip irrigation market to produce with a CAGR of 11 % throughout the forecast period from 2022-2028. In the United States, Canada, Japan, the Middle East, and European countries, soilless culture is mainly used for the manufacture of greenhouse vegetables. As greenhouse vegetables need sufficient amounts of water, farmers are changing to both sprinkler and drip irrigation structures, in order to reach higher crop output.

Growing population particularly in India and China, high demand for food, expansion for food output and government creativities to supportable progress goals will drive the Asia pacific drip irrigation market. China, India, and South Korea will control the global drip irrigation market throughout the forecast period 2022-2028.

Europe drip irrigation market will hold the third position after the Asia Pacific and North America in global rank. North America drip irrigation market will follow by the Asia Pacific in the global market.

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Prominent Companies Involved in the Global Drip Irrigation Market:

Some of the major players covered in the global market report are; Jain Irrigation Systems Ltd., Netafim, Metzer Group, Lindsay Corporation, The Toro Company, Chinadrip Irrigation Equipment Co. Ltd., Elgo Irrigation Ltd., Shanghai Huawei Water Saving Irrigation Corp., Hunters Industries incorporated, Grupo Chamartin Chamsa, DIG Corporation, and Rivulis Irrigation Ltd.

Sai Kiran
DataM Intelligence 4Market Research LLP
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