Drip Irrigation Market Expected to Reach $15.46 Billion by 2030, Growing at a 10.9% CAGR from $7.49 Billion in 2023

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Drip Irrigation Market Overviews

Drip Irrigation Market size was valued at US$ 7.49 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 10.9% through 2024 to2030, reaching nearly US$ 15.46 Bn.

Drip irrigation is a type of agricultural irrigation that uses a system of pipes, valves, tubing, and emitters to provide water to plants in a regulated manner. Water is provided directly from a source to the root zone of individual plants or to the soil’s surface. Emitters/Drippers, Pressure Pumps, Drip Tubes/Drip Lines, Valves, Filters, and Fittings & Accessories are the types of the component of the global drip irrigation market.

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Drip Irrigation Market Scope and Methodology:

Drip irrigation systems are being widely adopted in developing countries such as India and China, with government backing and public-private partnerships from leading industry players playing a key role. In India, the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) provides subsidies for kits and systems in order to encourage the adoption of micro-irrigation. Another key factor that continues to support the growth Drip Irrigation Market is government-sponsored programs in the developing nations.

Drip Irrigation Market Regional Insights

Asia Pacific region is expected to hold the largest market shares of xx% by 2030.. Through technological advancements, the Asia Pacific region is transitioning from the installation of basic irrigation infrastructure to the adoption of precision irrigation systems. As agriculture’s focus has shifted toward more commercial crops, traditional crops have become less important. The modifications are intended to improve irrigation management and, ideally,

Drip Irrigation Market Segmentation

Based on the Crop Type, the market is segmented into Field Crops, Fruits & Nuts, Vegetable Crops, and Other Crops. Field Crops segment is expected to hold the largest market share of xx% by 2030. Field crop growers prefer drip irrigation due to its precise application to the crops, which offers greater benefits such as lower costs, higher profit margins, and less water and fertiliser usage. It has been proven that drip irrigation is successful for growing vegetables, orchard crops, and turf & lawns; however, in the last decade, it has also proven to be beneficial for field crops such as corn, sugarcane, and cotton. The market’s growth has also been boosted by rising field crop prices. These are the key drivers that are expected to boost the growth of the field crop segment in the Drip Irrigation market during the forecast period 2024-2030.

Drip Irrigation Market Key Players

Lindsay Corporation (US)
The Toro Company (US)
Netafim Limited (Israel
Rain Bird Corporation (US)
Chinadrip Irrigation Equipment Co. Ltd. (China)
Elgo Irrigation Ltd. (Israel)
Shanghai Huawei Water Saving Irrigation Corp. (China)
Antelco Pty Ltd. (Australia)
EPC Industries (India)
Microjet Irrigation (South Africa)
KSNM Drip (India)
Sistema Azud (Italy)

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Key questions answered in the Drip Irrigation Market are:

What is Drip Irrigation ?
What was the Drip Irrigation market size in 2023?
What is the growth rate of the Drip Irrigation Market?
Which are the factors expected to drive the Drip Irrigation market growth?
What are the different segments of the Drip Irrigation Market?
What growth strategies are the players considering to increase their presence in Drip Irrigation ?
What are the upcoming industry applications and trends for the Drip Irrigation Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Drip Irrigation Market?
Who are the leading companies and what are their portfolios in Drip Irrigation Market?
What segments are covered in the Drip Irrigation Market?
Who are the key players in the Drip Irrigation market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

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