Drip Irrigation Market Size, Analysis Report 2028

Drip Irrigation Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Emitters, Drip Tubes/Drip Lines, Filters, Valves, Pressure Pumps, and Others), Emitter Type (Inline and Online), Application (Agriculture, Green House, and Others), and Type (Surface and Subsurface)

Publication Month : Jun 2022

  • Report Code : TIPRE00014283
  • Category : Manufacturing and Construction
  • Status : Published
  • No. of Pages : 174
Inquire Before Buy

PRICING

$4550

$3640

[Research Report] The drip irrigation market is projected to reach US$ 23,313.57 million by 2028 from US$ 9,287.67 million in 2021; it is expected to grow at a CAGR of 13.9% from 2022 to 2028.

 

Analyst Perspective:

The drip irrigation market has experienced significant growth and development in recent years. Drip irrigation, also known as micro-irrigation, is a modern irrigation technique involving water's precise application straight to the plant's root zone. This method reduces water wastage and optimizes water usage, making it an efficient and sustainable agricultural and landscape irrigation solution. One of the key factors driving the growth of the drip irrigation market is the increasing global demand for food production. With a rising global population and limited water resources, there is a growing need for efficient irrigation systems that can maximize crop yield while minimizing water consumption. Drip irrigation systems address this demand by delivering water directly to the plant's roots, reducing evaporation and runoff. Governments and environmental agencies worldwide emphasize water resource conservation and promoting sustainable agricultural practices. Drip irrigation aligns with these objectives by reducing water usage, preventing soil erosion, and minimizing using fertilizers and pesticides. These factors have led to the overall adoption of drip irrigation systems in various agricultural sectors, including field crops, fruits, vegetables, and vineyards. Technological advancements and innovation also drive the market for drip irrigation.

Manufacturers are constantly developing new products and technologies to enhance the efficiency and performance of drip irrigation systems. These include pressure-compensating emitters, advanced filtration systems, remote monitoring and control systems, and sensor-based irrigation management solutions. These innovations improve water distribution uniformity, reduce clogging issues, and provide farmers real-time data to optimize irrigation schedules and water usage.

Market Overview:

Drip irrigation involves using a system of small-diameter plastic pipes equipped with emitters or drippers to drip water into the soil at very low rates. Modern irrigation techniques, such as drip irrigation, have been created to give a crop the right amount of water at the right time. Because water is supplied directly to the root zone by drip irrigation, less water is lost to evaporation than conventional methods, including sprinkler watering. A well-planned drip irrigation system minimizes evaporation, water runoff, and deep percolation in silty soil.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Drip Irrigation Market: Strategic Insights

drip-irrigation-market
Market Size Value inUS$ 9,287.67 million in 2021
Market Size Value byUS$ 23,313.57 million by 2028
Growth rateCAGR of 13.9% from 2022 to 2028.
Forecast Period2022-2028
Base Year2022
Analyst Image

Naveen

Have a question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

Market Driver:

Rapid Growth in Greenhouse Vegetable Production to Drive Growth of Drip Irrigation Market

The rapid growth in greenhouse vegetable production has significantly contributed to the expansion of the drip irrigation market. Greenhouses provide a controlled environment for vegetable cultivation, offering advantages such as year-round production, protection from adverse weather conditions, and increased crop yields compared to traditional open-field farming. Drip irrigation systems have become an essential component in supporting greenhouse vegetable production. These systems offer precise and efficient irrigation techniques that cater to the specific needs of greenhouse crops. Drip irrigation minimizes water wastage and reduces the risk of disease and weed growth by delivering water directly to the plant's root zone, ensuring optimal plant health and productivity. The benefits of drip irrigation in greenhouse vegetable production are manifold. Firstly, it enables accurate and uniform water distribution throughout the greenhouse, ensuring that each plant receives the appropriate amount of water. This targeted water application promotes robust root development, efficient nutrient uptake, and plant growth.

The drip irrigation systems can be seamlessly integrated with fertigation systems, which allows the simultaneous application of water and fertilizers. This integration enables precise nutrient delivery directly to the plant's roots, enhancing nutrient efficiency and minimizing the risk of nutrient leaching. It enables farmers to tailor the nutrient composition according to specific crop requirements, improving crop quality and yield. The drip irrigation systems provide flexibility in irrigation scheduling and allow for automation and control. Farmers can adjust the irrigation frequency and duration based on crop needs, environmental conditions, and water availability. The ability to remotely observe and manage the irrigation system optimizes water usage, reduces labor costs, and ensures that crops receive timely irrigation, contributing to enhanced productivity and resource efficiency.

Segmental Analysis:

Based on component, the drip irrigation market is segmented into emitters, drip tubes/drip lines, filters, valves, pressure pumps, and others. The emitters segment held the largest share of the market in 2021, whereas the drip tubes/drip lines segment is anticipated to register the highest CAGR in the market during the forecast period. The emitters segment holds the largest share in the drip irrigation market due to its crucial role in controlling the flow and distribution of water to plants. Emitters provide precise and uniform water application, minimizing wastage and maximizing irrigation efficiency. They are available in various types and configurations, and advancements in emitter technology have improved performance and durability. The growing adoption of precision agriculture practices has further boosted the demand for emitters. Overall, the dominance of the emitters segment is driven by its ability to ensure accurate water delivery and support sustainable water resource management.

Regional Analysis:

The Asia Pacific drip irrigation market was valued at US$ 3.06 billion in 2021 and is projected to reach US$ 7.66 billion by 2028; it is expected to grow at a CAGR of 14.1% during the forecast period. The Asia Pacific region has emerged as the dominant force in the drip irrigation market. This dominance can be attributed to several factors. Firstly, the region has a large agricultural sector with extensive crop cultivation. Countries like China, India, and Southeast Asian nations have vast agricultural lands and high demand for efficient irrigation systems to maximize crop production. Secondly, the Asia Pacific region faces significant water scarcity and needs to optimize water resources.

Drip irrigation systems effectively reduce water wastage and ensure targeted water delivery to plants' root zones. Governments and farmers in the region recognize the importance of water conservation and are increasingly adopting drip irrigation techniques to address water scarcity challenges. Additionally, the region has witnessed substantial economic growth and technological advancements. This growth has led to increased investments in agriculture and the adoption of modern farming practices. Drip irrigation, with its ability to enhance crop yield and promote sustainable agriculture, has gained traction among farmers and agricultural enterprises. Furthermore, government initiatives and subsidies have significantly promoted drip irrigation in the Asia Pacific region. Governments have introduced policies and programs to support adopting efficient irrigation systems, including drip irrigation. These initiatives aim to improve agricultural productivity, reduce water consumption, and enhance regional food security. Moreover, established manufacturers and suppliers of drip irrigation systems in the Asia Pacific region have contributed to its market dominance. Local companies and international players offer a wide range of drip irrigation products and technologies to cater to the diverse needs of farmers in the region.

Key Player Analysis: 

The drip irrigation market analysis consists of the players such as Chinadrip Irrigation Equipment Co., Ltd.; Hunter Industries; Irritec S.P.A; Jain Irrigation Systems Ltd.; Lindsay Corporation; Microjet; Netafim; Rain Bird Corporation; Rivulis; and The Toro Company. Among the players in the drip irrigation Hunter Industries and hinadrip Irrigation Equipment Co., Ltd.are the one of the top key players owing to the diversified product portfolio offered.

Recent Developments:

 

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the drip irrigation market. A few recent key market developments are listed below: 

  • In June 2022, Rivulis Irrigation India Ltd and Jain Irrigation Systems Limited have merged their business and will be one of the largest global drip irrigation system providers.
  • In November 2020, Netafim India launched FlexNet, a mainline and sub-mainline piping for above and below-ground drip irrigation systems for Indian farmers.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Component, Emitter Type, Application, and Type

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What is the incremental growth of the drip irrigation market during the forecast period?

The incremental growth of the drip irrigation market during the forecast period is US$ 14025.91 million.

Which is the fastest growing regional market?

Europe is the fastest growing region in the global drip irrigation market.

Which are the key players holding the major market share of drip irrigation market?

The major five companies in the drip irrigation market include Netafim, Jain irrigation, Lindsay Corp, Rain Bird Industries and Hunter industries.

Which is the leading component segment in the drip irrigation market?

Based on component, the drip irrigation market is bifurcated into emitters, drip tubes/drip lines, filters, valves, pressure pumps, and others. In 2021, the emitters segment led the drip irrigation market, accounting for the largest share in the market.

What are the future trends of the drip irrigation market?

Solar-powered drip irrigation systems is presenting significant potential for the future growth of the drip irrigation market players.

What are the driving factors impacting the global drip irrigation market?

Growing adoption of micro-irrigation for production of various crops and government programs and subsidies to promote drip irrigation systems deployments are driving the growth of the drip irrigation market.

The List of Companies - Drip Irrigation Market

  1. Hunter Industries               
  2. IRRITEC S.P.A.       
  3. Lindsay Corporation           
  4. Netafim                  
  5. Rain Bird Corporation        
  6. The Toro Company             
  7. Chinadrip Irrigation Equipment Co., Ltd.    
  8. Microjet                  
  9. Rivulis      
  10. Jain Irrigation Systems Ltd.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Drip Irrigation Market