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Drip Irrigation Trends and Forecast
The future of the global drip irrigation market looks promising with opportunities in the surface application and subsurface application markets. The global drip irrigation market is expected to reach an estimated $11.1 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are raising awareness of the methodÄX%$%Xs advantages, which include less water use and higher-quality crops, expanding use of drip irrigation that is sustainable and micro-irrigates a variety of crops, as well as, manufacturing advances in technology and the existence of reputable manufacturers.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Drip Irrigation by Segment
The study includes a forecast for the global drip irrigation by crop type, component, application, and region
Drip Irrigation Market by Crop Type [Shipment Analysis by Value from 2018 to 2030]:
• Field Crop
• Fruit & Nuts
• Vegetable Crops
• Other Crops
Drip Irrigation Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Drip Mainlines/Drip Tubes
• Filters & Fertilizer Injectors
• Fittings & Accessories
• Emitters/Drippers
• Pressure Pumps
• Valves
Drip Irrigation Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Surface Application
• Subsurface Application
Drip Irrigation Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Drip Irrigation Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies drip irrigation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the drip irrigation companies profiled in this report include-
• Jain Irrigation System
• Lindsay
• The Toro
• Rivulis
• Hunter
• Netafim
• Irritec
• Goldenkey
• Raindrip
Drip Irrigation Market Insights
Lucintel forecast that drip mainlines/drip tubes is expected to witness highest growth over the forecast period because of their water-saving and efficient irrigation capabilities.
Within this market, subsurface application will remain the largest segment due to growing demand for water conservation.
APAC is expected to witness highest growth over the forecast period due to growing use of cutting-edge irrigation technologies and techniques, fast urbanization, the existence of sizable populations in nations like China and India, and the rising need for higher-quality crops.
Features of the Global Drip Irrigation Market
Market Size Estimates: Drip irrigation market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Drip irrigation market size by crop type, component, application , and region in terms of value ($B).
Regional Analysis: Drip irrigation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different crop type, component, application , and regions for the drip irrigation market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the drip irrigation market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the drip irrigation market size?
Answer: The global drip irrigation market is expected to reach an estimated $11.1 billion by 2030.
Q.2 What is the growth forecast for drip irrigation market?
Answer: The global drip irrigation market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the drip irrigation market?
Answer: The major drivers for this market are raising awareness of the methodÄX%$%Xs advantages, which include less water use and higher-quality crops, expanding use of drip irrigation that is sustainable and micro-irrigates a variety of crops, as well as, manufacturing advances in technology and the existence of reputable manufacturers.
Q4. What are the major segments for drip irrigation market?
Answer: The future of the global drip irrigation market looks promising with opportunities in the surface application and subsurface application markets.
Q5. Who are the key drip irrigation market companies?
Answer: Some of the key drip irrigation companies are as follows:
• Jain Irrigation System
• Lindsay
• The Toro
• Rivulis
• Hunter
• Netafim
• Irritec
• Goldenkey
• Raindrip
Q6. Which drip irrigation market segment will be the largest in future?
Answer: Lucintel forecast that drip mainlines/drip tubes is expected to witness highest growth over the forecast period because of their water-saving and efficient irrigation capabilities.
Q7. In drip irrigation market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing awareness of the benefits of drip irrigation.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the drip irrigation market by crop type (field crop, fruit & nuts, vegetable crops, and other crops), component (drip mainlines/drip tubes, filters & fertilizer injectors, fittings & accessories, emitters/drippers, pressure pumps, and valves), application (surface application and subsurface application), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to drip irrigation market or related to drip irrigation companies, drip irrigation market size, drip irrigation market share, drip irrigation market growth, drip irrigation market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Drip Irrigation Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Drip Irrigation Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Drip Irrigation Market by Crop Type
3.3.1: Field Crop
3.3.2: Fruit & Nuts
3.3.3: Vegetable Crops
3.3.4: Other Crops
3.4: Global Drip Irrigation Market by Component
3.4.1: Drip Mainlines/Drip Tubes
3.4.2: Filters & Fertilizer Injectors
3.4.3: Fittings & Accessories
3.4.4: Emitters/Drippers
3.4.5: Pressure Pumps
3.4.6: Valves
3.5: Global Drip Irrigation Market by Application
3.5.1: Surface Application
3.5.2: Subsurface Application
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Drip Irrigation Market by Region
4.2: North American Drip Irrigation Market
4.2.1: North American Drip Irrigation Market by Component: Drip mainlines/drip tubes, Filters & fertilizer injectors, Fittings & accessories, Emitters/drippers, Pressure pumps, and Valves.
4.2.2: North American Drip Irrigation Market by Application : Surface application and Subsurface application
4.3: European Drip Irrigation Market
4.3.1: European Drip Irrigation Market by Component: Drip mainlines/drip tubes, Filters & fertilizer injectors, Fittings & accessories, Emitters/drippers, Pressure pumps, and Valves
4.3.2: European Drip Irrigation Market by Application : Surface application and Subsurface application
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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