The global drip irrigation systems market at USD 5.7 Billion in 2020 and is anticipated to grow at USD 11.83 Billion till 2027 recording a CAGR of 11% during the forecast period 2021-2027. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
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Drip irrigation is also called as trickle irrigation. This process involves dripping water onto the soil in low rate generally 2.20 liters for every hour making use of small cylindrical plastic pipes which are filled with drippers. In other techniques like in surface and sprinkler irrigation, the whole soil profile is wetted whereas in drip irrigation, soil is wetted where the routes grow. Hence, there is a requirement for regular irrigation, which provides high level of moisture to flourish the plants well. Drip irrigation is the most appropriate technique for the row crops like vegetable crops, soft fruits, tree and vine crops where more emitters are may be provided for every plant. Generally, drip irrigation system includes controlled head, emitters, and pump unit, main and sub-main lines.
Drip Irrigation Systems Market is anticipated to witness significant growth owing to the factors such as new product launches, benefits of drip irrigation system like huge water efficiency as compared to other irrigation techniques, huge support from the government by offering farmers subsidies to make use of best equipment to obtain good crop output. Growing demand for agricultural products because of the growing population is projected to impel the agricultural crops. On the other hand, availability of alternative irrigation systems, dearth of awareness amid the farmers about this drip irrigation technique, high maintenance price and high initial investment are the factors, which can hinder the drip irrigation systems market.
Drip irrigation market in Asia Pacific is expected to record huge growth during the forecast period due to the growing demand for drip irrigation system from different applications in emerging countries of this region such as China, India and South Korea. North America and Europe are also anticipated to obtain significant market growth during the forecast period 2021-2027.
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Some of the major key players in the global drip irrigation systems market, which include Rain Bird Corporation (U.S.), Netafim Limited (Israel), EPC Industries Limited (India), The Toro Company (U.S.), Hunter Industries Incorporated (U.S.), Eurodrip S.A. (Greece), (China), Rivulis Irrigation Limited (Israel), Antelco Pty Ltd (Australia), Jain Irrigation Systems Limited (India) and Shanghai Huawei Water Saving Irrigation Corp., Ltd. (China)
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