According to a new market report published by Lucintel, the future of the
drip irrigation market looks promising with opportunities in the agriculture industry. The global drip irrigation market is expected to grow with a CAGR of 11% from 2020 to 2025. The major drivers for this market are government initiatives of providing subsidies for drip irrigation and the ability of drip irrigation system to provide better yield with limited water supply.
To download report brochure, please go to https://www.lucintel.com/drip-irrigation-market.aspx and click "download brochure" tab from the menu
Drip irrigation uses valves, tubing, pipes, and emitters that allow the water to drip slowly to the roots of plants and crops, thus saving water. In this market, field crops, fruits & nuts, and vegetable crops are the major crop types. Lucintel forecasts that field crop will remain the largest crop type segment over the forecast period due to its higher profit margins and lesser water & fertilizer requirements.
Within this market, inline emitters will remain the largest emitter/dripper type segment over the forecast period due to its ease of installation and higher levels of efficiency.
Asia Pacific will remain the largest region over the forecast period. The region is marking a dramatic shift from the installation of basic irrigation facilities to the adoption of precision irrigation systems through technological upgrading. The focus of agriculture has shifted from traditional crops to more commercial crops.
Jain Irrigation Systems, Lindsay, The Toro Company, Netafim, Rain Bird, Chinadrip Irrigation Equipment, Elgo Irrigation, and Shanghai Huawei Water Saving Irrigation are among the major suppliers in the global drip irrigation market.
Lucintel, a leading global strategic consulting and
market research firm, has analyzed growth opportunities in the global drip irrigation market by component, emitter/dripper type, application, crop type, and region. Lucintel has prepared a comprehensive research report titled “
Growth Opportunities in the Global Drip Irrigation Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global drip irrigation market by component, emitter/dripper type, application, crop type, and region as follows:
By Component [Value ($ Million) shipment analysis for 2014 – 2025]:
-
Emitters
-
Drip Tubes/Drip Lines
-
Filters
-
Valves
-
Pressure Pumps
By Emitter/Dripper Type [Value ($ Million) shipment analysis for 2014 – 2025]:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
By Crop Type [Value ($ Million) shipment analysis for 2014 – 2025]:
-
Field Crops
-
Fruits & Nuts
-
Vegetable Crops
-
Other Crops
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
-
United States
-
Canada
-
Mexico
-
United Kingdom
-
Germany
-
Spain
-
Italy
-
France
This more than 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 visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
