Drip Irrigation Market Demand, Research Insights By 2028

According to Precision Business Insights (PBI) latest report, the drip irrigation market is expected to be worth USD 6,772.0 million in 2022, growing at a 9.2% CAGR from 2022 to 2028. The global drip irrigation systems market is expected to develop during the projected period, resulting in factors such as rising population, rising global food demand, population size, and limited arable land, particularly in the Asia Pacific and Latin America. Furthermore, the growing need to save water, particularly in dry areas, will fuel market expansion throughout the projection period. Micro-irrigation system types include drip irrigation, micro/mini sprinkler irrigation, conventional sprinkler irrigation, traditional sprinklers, central pivot sprinklers, and lateral motion sprinklers. During the forecast period, drip irrigation systems will account for a greater market share.

View the detailed report description here - https://precisionbusinessinsights.com/market-reports/global-drip-irrigation-market/

Greenhouse Vegetable Segment to Dominate the Drip Irrigation Market:
The greenhouse vegetable segment is expected to account for a larger revenue share in the global drip irrigation market, with a value share of 21.2% worldwide. It is projected to grow at an 8.9% CAGR between 2022 and 2028. Controlling soil moisture with automatic drip irrigation is critical, especially for specialty greenhouse vegetables. Drip irrigation systems with total automation provide a simple, precise approach to controlling soil moisture and water application. Automatic drip irrigation systems are in high demand because of improved time management, the elimination of human errors in calculation, and the modification of available soil moisture levels. Additionally, these solutions are predicted to boost profit per yield. Soilless culture is predominantly utilized for greenhouse vegetable production in the United States, Canada, Japan, the Middle East, and Europe. Farmers are moving to both sprinkler and drip irrigation methods to achieve improved crop output since greenhouse plants demand much water. As a result, rising greenhouse vegetable output is predicted to boost market growth.

Asia Pacific Drip Irrigation Market:
The Asia Pacific market is expected to hold a significant market share in the global Drip Irrigation market over the forecast period. It is projected to grow at a CAGR of 10.8% in the coming years. The Asia Pacific was the most extensive drip irrigation for the consumer. Through technological advancements, the region is transitioning from installing basic irrigation infrastructure to adopting precision irrigation systems. Agriculture's focus has evolved from traditional crops to more commercial crops. Irrigation facilities are intended to upgrade their irrigation management and, ideally, their infrastructure due to these modifications. Commercial crops are sensitive to the amount of water required, and it's time to deliver it, therefore, drip irrigation has become a necessity.

Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=64104

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global Drip Irrigation market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In 2021, Netafim India, a leading smart irrigation solution provider, has launched Portable Drip Kit, a comprehensive all-in-one irrigation solution that is easy to install and comes at an affordable price. The kit is designed, particularly for small farmers with farmland up to one acre that offers installation assistance without additional labor.

The drip irrigation market is segmented based on components, crop type, application, emitter type and geography.
Based on the component, the market is segmented into the following:
• Emitters/Drippers
• Pressure Pumps
• Drip Tubes/Drip Lines
• Valves
• Filters
• Fittings & Accessories

Based on the crop type, the market is segmented into the following:
• Field Crops
• Fruits & Nuts
• Vegetable Crops
• Other Crops (turf, ornamental, and spice crops)

Based on the application, the market is segmented into the following:
• Surface
• Subsurface

Based on the emitter type, the market is segmented into the following:
• Inline
• Online

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

Request Methodology: https://precisionbusinessinsights.com/request-methodology?product_id=64104

Key players' profiles in the drip irrigation market report are Lindsay Corporation, Jain Irrigation Systems Ltd., Rivulis Irrigation Ltd., Rain Bird Corporation, Sistema Azud, Netafim Limited, The Toro Company, Elgo Irrigation Ltd., Chinadrip Irrigation Equipment Co. Ltd., Metzer Group, and Antelco Pty Ltd.

Contact:
Mr. Satya
Precision Business Insights | Toll-Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.