According to a new market report by Lucintel, the future of the drip irrigation market looks promising with opportunities in the surface and subsurface applications. The drip irrigation market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are increase in efficiency of water usage with drip irrigation, and effective cost savings in agricultural production.
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n this market, inline and online are the major emitter/dripper type segments. Within the drip irrigation market, surface and subsurface are the major applications. Surface system is the largest segment for drip irrigation. Field crops, fruits & nuts, and vegetable crops are the major crop type segments of the drip irrigation market.
Asia Pacific is expected to remain the largest market over the forecast period as the focus of agriculture has shifted from traditional crops to more commercial crops in the region.
Jain Irrigation Systems Ltd., Lindsay Corporation, The Toro Company, Netafim Limited, Rain Bird Corporation, Chinadrip Irrigation Equipment Co. Ltd., Elgo Irrigation Ltd., Shanghai Huawei Water Saving Irrigation Corp., Antelco Pty Ltd., EPC Industries, Microjet Irrigation, T-L Irrigation, Sistema Azud, Metzer Group, Grupo Chamartin Chamsa, and Dripworks Inc. are among the major manufacturers of drip irrigation.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the drip irrigation market by dripper type, component type, crop type, application, and region. Lucintel has prepared a comprehensive research report entitled "Drip Irrigation Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the drip irrigation market by dripper type, component type, crop type, application, and region as follows:
By Emitter/Dripper Type [$M shipment analysis for 2013 – 2024]:
By Component [$M shipment analysis for 2013 – 2024]:
Emitters/Drippers
Pressure Pumps
Drip Tubes/Drip Lines
Valves
Filters
Fittings & Accessories
By Crop Type [$M shipment analysis for 2013 – 2024]:
Field Crops
Fruits & Nuts
Vegetable Crops
Other Crops
By Application [$M shipment analysis for 2013 – 2024]:
By Region [$M shipment analysis for 2013 – 2024]:
North America
Europe
Germany
France
UK
Italy
Spain
Asia-Pacific
China
Japan
India
South Korea
ROW
Middle East & Africa
South America
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/drip-irrigation-market.aspx or helpdesk@lucintel.com.
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