Drip Irrigation Market is anticipated to grow up to US$ 34.7 billion by 2031

The global drip irrigation market was valued at US$ 9.2 billion in 2021 and it is anticipated to grow up to US$ 34.7 billion by 2031, at a CAGR of 14.2% during the forecast period.

New York, Global Drip Irrigation Market report from Global Insight Services is the single authoritative source of intelligence on Drip Irrigation Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Drip irrigation, often known as trickle irrigation, is a form of micro-irrigation system that allows water to drip slowly to plant roots, either above the soil surface or buried below the soil surface. The idea is to distribute water into the root zone while minimizing evaporation. Drip irrigation systems use a network of valves, pipes, tubing, and emitters to transfer water. A drip irrigation system may be more efficient than other types of irrigation systems, such as surface irrigation or sprinkler irrigation, depending on how effectively it is designed, installed, maintained, and operated.

Major Players in the Global Drip Irrigation Market

The key players studied in the global drip irrigation market are as Hunter Industries(U.S.), Irritec S.P.A (Italy), Lindsay Corporation(U.S.), Netafim(Israel), Rain Bird Corporation(U.S.), The Toro Company (U.S.), Chinadrip Irrigation Equipment Co., Ltd.(China), Microjet(South Africa), Rivulis(Israel), and Jain Irrigation Systems Ltd.(India).

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Global Drip Irrigation Market Segmentation

By Component

Emitters
Drip Tubes
Filters
Valves
Pressure Pumps
Others
By Emitter Type

Inline
Online
By Application

Agriculture
Green House
Others
By Region

North America
The U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific

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Market Drivers and Trends

The less usage of labor is the key driver of the market. As technology has improved, agriculture's labor force has become less necessary. The labor cost to operate a drip irrigation system is considered moderate, depending on the degree of automation. This type of irrigation has been used in landscapes, greenhouses, home gardens, field crops, orchards, and vineyards. Fertilizer can also be applied using drip irrigation, a process known as fertigation. Fertigation is the practice of applying nutrients and water at the root zone to promote crop absorption. Water and fertilizer application uniformity has the ability to boost production by 25% to 50%. Fertilizer usage efficiency with fertigation is 80%-90%, allowing 25% of the nutrients to be retained.

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