Gujarat Magazine

Drip Irrigation Market worth $8.6 billion by 2029 | Key Players are The Toro Company, Rain Bird Corporation, Elgo Irrigation Ltd., Antelco, and Grupo Chamartin S.A.

 Breaking News
  • No posts were found

Drip Irrigation Market worth $8.6 billion by 2029 | Key Players are The Toro Company, Rain Bird Corporation, Elgo Irrigation Ltd., Antelco, and Grupo Chamartin S.A.

June 25
22:06 2024
Drip Irrigation Market worth $8.6 billion by 2029 | Key Players are The Toro Company, Rain Bird Corporation, Elgo Irrigation Ltd., Antelco, and Grupo Chamartin S.A.
Drip Irrigation Market Report by Component (Emitters/Drippers, Drip Tubes/Drip Mainlines, Filters & Fertilizer Injectors, Fittings & Accessories, Pressure Pumps & Valves), Crop Type, Application, Emitter/Dripper Type, & Region – Global Forecast to 2029

The global drip irrigation market is estimated at USD 5.6 billion in 2024 and is projected to reach USD 8.6 billion by 2029, at a CAGR of 9.0% during the forecast period. The need for drip irrigation is driven by increasing global demand for food security, water scarcity concerns, and the imperative to enhance agricultural productivity sustainably. Drip irrigation addresses these needs by efficiently delivering water and nutrients directly to plant roots, minimizing wastage, and optimizing crop yields. Factors driving the drip irrigation market include advancements in technology such as AI and IoT integration, government incentives promoting water-efficient practices, expansion of commercial farming, and the rising adoption of precision agriculture techniques. These factors collectively propel the growth of drip irrigation systems, meeting the challenges of modern agriculture while ensuring environmental sustainability.

Drip Irrigation Market

Download PDF Brochure:

By component, filters & fertilizer injectors consititute to grow at consistent rate in the drip irrigation market.

Filters are essential components that prevent clogging of emitters and drip lines by filtering out particles and debris from the irrigation water. They help maintain consistent water flow and distribution, thereby optimizing irrigation performance and reducing maintenance downtime. Fertilizer injectors, on the other hand, enable precise and controlled application of fertilizers and nutrients directly into the irrigation system. This capability ensures that crops receive the right amount of nutrients at the right time, promoting healthier plant growth and maximizing yield potential. The increasing adoption of drip irrigation systems worldwide, coupled with advancements in filter technology and fertilization practices, underscores the rising demand for filters and fertilizer injectors as integral components of efficient and sustainable agricultural practices.

In the crop type segment, vegetable crops constitutes significant share in the drip irrigation market.

Drip irrigation systems are becoming increasingly popular in vegetable cultivation across various crops such as tomatoes, peppers, and cucumbers. These systems offer precise water and nutrient delivery directly to the root zones of plants, which is crucial for optimizing growth and yield. For tomatoes, consistent moisture levels provided by drip irrigation promote even fruit development and reduce blossom-end rot, a common issue with fluctuating soil moisture. Peppers benefit from controlled irrigation that enhances fruit quality and uniformity, while cucumbers thrive with the targeted application of water, reducing soil moisture fluctuations that can lead to fruit deformities. The efficiency and effectiveness of drip irrigation in these vegetables not only improve crop health and yield but also contribute to sustainable farming practices by conserving water and minimizing environmental impact.

Make an inquiry:

The Europe region is projected to grow at consistent rate during forecast period in drip irrigation market.

The drip irrigation market in Europe is driven by several factors contributing to its growth and adoption. Firstly, increasing awareness and regulations promoting sustainable water management practices propel the demand for efficient irrigation technologies like drip systems. These regulations aim to conserve water resources and minimize environmental impact, encouraging farmers to invest in water-saving irrigation solutions. Secondly, the expansion of commercial agriculture and horticultural sectors in Europe necessitates precision irrigation methods to optimize crop yields and quality. Drip irrigation systems offer precise water and nutrient delivery directly to plant roots, enhancing crop health and productivity.

Key players in this market include Rivulis (Isarel), The Toro Company (US), Jain Irrigation Systems Ltd. (India), HUNTERS INDUSTRIES INC. (US), NETAFIM (Isarel), Mahindra EPC Irrigation Limited  (India), Rain Bird Corporation (US), Chinadrip Irrigation Equipment (Xiamen) Co., Ltd.  (China), Elgo Irrigation Ltd. (Isarel), Shanghai Irrist Corp., Ltd. (China), Antelco (Australia), Microjet Irrigation Systems (South Africa), metzer (Isarel), Grupo Chamartin S.A. (Spain), and Azud (Spain).

Get 10% Free Customization on this Report:

About MarketsandMarkets™

MarketsandMarketsTM has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States