Drip Irrigation Market CAGR to hit 13.9% with USD 23,313.57 Million by 2028

As per the 2021 UNICEF report, Egypt is facing a water deficit of ~7 billion cubic meters annually, which significantly reduces agricultural and farm productivity. As a result, the Egyptian Ministry of Irrigation and Water Resources is collaborating with the Ministry of Agriculture to launch modern drip irrigation and spraying systems to manage Egypt's rising water scarcity. In October 2021, the Ministry of Irrigation and Water Resources of Egypt introduced modern drip irrigation systems in 1 million feddans (1 feddans = 4,500 m2) and allocated a budget of US$ 250 million to deploy modern irrigation systems in 4 million feddans by 2024. In Niger, drip irrigation assists farmers in battling climate changes and water scarcity. The Niger Irrigation Program (NIP) enables local small and medium-scale farmers to access modern drip irrigation technology and produce more using less water. The NIP was established through a partnership between the International Finance Corporation (IFC), World Bank Group, the Climate Investment Funds (CIF), and Netafim, a global leader in micro-irrigation technology that helps developing countries deal with climate change. Drip irrigation systems deliver water drip by drip to the base of a plant. The technology also enhances farmers' incomes and resilience to drought and floods.

Irrigation technology providers have a huge potential to transform the unexplored agriculture sector of Africa by managing water scarcity issues and improving agricultural productivity. High solar radiation, favorable temperatures, and low atmospheric humidity create lucrative opportunities to gain a high agricultural yield in the region. Concerns regarding the performance of conventional irrigation systems are anticipated to propel the adoption of drip irrigation systems in Africa in recent years. Moreover, the growing incorporation of advanced technologies in small irrigation projects to mitigate adverse effects of climate change and increase resilience to droughts is projected to create substantial expansion possibilities for the drip irrigation market players in Africa.

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According to our latest market study on "Drip Irrigation Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Component, Emitter Type, Application, and Type," the market is expected to grow from US$ 9,287.67 million in 2021 to US$ 23,313.57 million by 2028; it is estimated to grow at a CAGR of 13.9% from 2022 to 2028.

Growing Adoption of Micro-Irrigation for Production of Various Crops

Micro-irrigation involves the application of continuous drips or tiny streams of water on the soil surface. Being the most efficient water application method for crops, the demand for micro-irrigation is growing across large-scale irrigation communities. Rising concerns regarding food security and water scarcity have increased the demand for micro-irrigation systems among crop growers. The direct application of water to the root zone minimizes the losses due to evaporation and percolation. The demand for micro-sprinkler irrigation has surged in Colorado orchards in recent years because of its potential to increase crop yield and efficiency, and decrease labor requirements. This method of irrigation reduces the water usage on orchards by 30% compared to gated pipe and furrow irrigation methodologies.

Strategic Insights:

Players operating in the drip irrigation market are mainly focused on the development of advanced and efficient products.

- In 2022, Hunter partnered with POGO, a turfgrass technology solutions provider.

- In 2022, Irritec plans to open a new branch in Peru to support local agriculture, and promote drip irrigation and fertigation systems.

Component-Based Insights

Based on component, the drip irrigation market is segmented into emitters, drip tubes/drip lines, filters, valves, pressure pumps, and others. The elevated demand for emitters is attributed to their ability of delivering small volumes of water directly to plant roots, thereby optimizing soil moisture with less water lost to evaporation, runoff, and wind movement. Also, the quality of drip emitters directly affects the reliability of drip irrigation systems and the quality of irrigation water.

Emitter Type-Based Insights

Based on emitter type, the drip irrigation market is bifurcated into inline and online. The inline emitters are usually used for row crops or field crops, such as onion, chili, potato, turmeric, vegetables, sugarcane, and cotton. They are made of superior-quality linear low-density polyethylene. Inline emitters help provide maximum resistance against clogging. These emitters are suitable for surface irrigation and subsurface irrigation.
Application-Based Insights

Based on application, the drip irrigation market is segmented into agriculture, greenhouse, and others. Compared with traditional irrigation approaches, water-saving methods can save up to 20-50% of water resources. An agricultural drip irrigation system can significantly reduce water consumption while ensuring that the soil moisture content is always in a relatively balanced state.
Type-Based Insights

Based on type, the drip irrigation market is segmented into surface and subsurface. The market for the surface segment is growing considerably as it is highly preferred and practiced across areas where waterlogging and other problems are prevalent. Moreover, surface drip irrigation systems offer higher water distribution uniformity (in the root zone) compared to subsurface irrigation. The high cost-efficiency of surface drip irrigation is another important factor driving its popularity across several developed and developing economies.

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