Drip Irrigation Market - Forecasts from 2019 to 2024

The drip irrigation market was valued at US$6.005 billion in 2018 and is anticipated to grow at a CAGR of 9.73% to reach a market size of US$10.483 billion by 2024. Drip Irrigation refers to the equipment and systems used to supply water in agricultural lands for the growth of crops. The demand for Drip Irrigation is expected to increase on account of the rising adoption of these systems in farmlands owing to their precision property. Further, technological advancements like the advent of smart Drip Irrigation systems is anticipated to widen up the growth opportunities for the Drip Irrigation market in the upcoming years. However, high investment cost along with stiff maintenance cost is expected to hamper the market growth. The market has been segmented on the basis of application, components, emitter type and geography. In the application segment, surface drip irrigation is expected to hold a significant market share owing to its wide adoption. Geographically, Asia Pacific is projected to be a substantial shareholder in the market during the forecast period on account of the huge agricultural industry in countries like India and China along with rising government support for the modernization of the agricultural sector.

The Drip Irrigation Market - Forecasts from 2019 to 2024 is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by application, by component, by emitter type, and by geography.

The drip irrigation market has been segmented based on application, component, emitter type, and geography. On the basis of application, the market has been segmented into subsurface and surface. On the basis of component, the market is categorized into emitters, filters, valves, pumps, and others. On the basis of emitter type, the market is categorized into online, and inline.

Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 16 major countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.

Major players in the drip irrigation market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the drip irrigation market.

Segmentation:

By Application

• Subsurface
• Surface

By Component

• Emitters
• Filters
• Valves
• Pumps
• Others

By Emitter Type

• Online
• Inline

By Geography

North America

• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others

Europe

• Germany
• France
• United Kingdom
• Spain
• Others

Middle East and Africa

• Saudi Arabia
• Israel
• UAE
• Others

Asia Pacific

• China
• Japan
• South Korea
• India
• Others

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