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The global Drip Irrigation Market will be worth USD 11.25 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growth in the global population and the demand for increasing agricultural productivity. Increasing government programs and subsidies in developing countries like China and India regarding the adoption of drip irrigation for agricultural purposes is expected to drive the growth of the market over the forecast period.
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Drip Irrigation Market Size Worth USD 11.25 Billion by 2027 www.emergenresearch.com The Increasing initiatives of the government regarding water conservation and the rising demand for an enhanced and effective automated irrigation system is driving the demand of the drip irrigation market. . 2
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Market Summary The global Drip Irrigation Market will be worth USD 11.25 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growth in the global population and the demand for increasing agricultural productivity. Increasing government programs and subsidies in developing countries like China and India regarding the adoption of drip irrigation for agricultural purposes is expected to drive the growth of the market over the forecast period. Moreover, the initiatives of the government to reduce the water scarcity in various European countries are most likely to boost the demand for the drip irrigation system. The rising need for higher crop productivity and reduction in the usage of fertilizers and pathogen attacks will surely increase the utilization of advanced irrigation systems. The rising growth of greenhouse vegetable production is expected to drive the growth of the market over the forecast period. The scarcity of water in several countries is hampering greenhouse vegetation production, which is the main reason behind the increasing adoption of drip irrigation by farmers. Read More : https://www.emergenresearch.com/industry-report/drip-irrigation-market www.emergenresearch.com
Market Summary Some Key Highlights From the Report In February 2019, Israel based irrigation solutions supplier Rivulis opened a manufacturing plant in Guanajuato, Central Mexico. The company announced that it is expanding its global footprint with the establishment of the new manufacturing plant. The new plant is set to become the largest manufacturing site for drip irrigation in the Americas. Orchards are forecasted to grow with the fastest CAGR of 11.6% over the forecast period. The increasing cultivation and exports of nuts and fruits from the Asia Pacific region have increased drip irrigation adoption. Emitters accounted for the largest market share in 2019 as the installation of inline emitters helps in the cancellation of costs for additional emitters. The Asia Pacific region is expected to be the fastest-growing region over the forecast period. The technological up-gradation of the traditional irrigation system through the adoption of precision irrigation systems is projected to fuel the drip irrigation system in the region. Key participants include The Toro Company, Lindsay Corporation, Jain Irrigation Systems Ltd, Rain Bird Corporation, Netafim Ltd, Rivulis Irrigation Ltd, Hunter Industries, Elgo Irrigation Ltd., Chinadrip Irrigation Equipment Co. Ltd., and MAHINDRA EPC LTD., among others. Request Free Sample : https://www.emergenresearch.com/request-sample/404 www.emergenresearch.com
Market Summary Emergen Research has segmented the global Drip Irrigation Market on the basis of Application, Crop Type, Component, and region: Application Outlook (Revenue, USD Billion; 2017-2027) Subsurface drip irrigation Surface drip irrigation Crop Type Outlook (Revenue, USD Billion; 2017-2027) Vegetable crops Field Crops Vineyards Orchard Crops Other crops Component Outlook (Revenue, USD Billion; 2017-2027) Emitters Drip Tubes Pressure Pumps Filters Valves Fittings & Accessories Request customization of the report @ https://www.emergenresearch.com/request-for-customization/404
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