Asia Pacific is projected to dominate the drip irrigation market by 2025

Drip Irrigation Market by Component (Emitters, Drip Tubes/Drip Lines, Filters, Valves, and Pressure Pumps), Emitter/Dripper Type (Inline And Online), Application (Surface And Subsurface), Crop Type, and Region - Global Forecast to 2025

(EMAILWIRE.COM, December 15, 2021 ) The global drip irrigation market is projected to grow from USD 5.5 billion in 2020 to USD 9.3 billion by 2025, at a CAGR of 10.8%. The rise in the popularity of drip irrigation solutions can be attributed to government initiatives, water conservation activities, enhancement of production, and decrease in production cost. Markets such as China and India are among the key markets targeted by drip irrigation manufacturers and distributors due to the large agriculture sector driven by regional demand and exports that are adopting drip irrigation services in the region.

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The demand for field crops is likely to record a higher market share between 2020 and 2025. Drip irrigation has been gaining significance among field crop growers for its precise application to the crops, and thus, is offering increased benefits such as reduced costs, higher profit margins, and lesser water and fertilizer requirements.

Drip irrigation proved to be profitable for growing vegetables, orchard crops, and turf & lawns; however, in the last decade, its use in field crops such as corn, sugarcane, and cotton has also been profitable. The increasing prices of field crops have also fueled the market growth.

Asia Pacific is projected to dominate the drip irrigation market by 2025

The Asia Pacific drip irrigation market is anticipated to witness significant growth during the forecast period due to the high agricultural production, government initiatives incentivizing the adoption of drip irrigation systems, and increase in irrigable areas in the region which has resulted in water scarcity across multiple countries in the region.

Asia Pacific was the largest consumer of drip irrigation and is a key exporter of agricultural products. The region is mainly dominated by large-scale operations, primarily exports, with an organized distribution chain.

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The key drip irrigation manufacturers in this market include Jain Irrigation Systems Ltd. (India), Lindsay Corporation (US), The Toro Company (US), Netafim Limited (Israel), Rain Bird Corporation (US), Chinadrip Irrigation Equipment Co. Ltd. (China), Elgo Irrigation Ltd. (Israel), Shanghai Huawei Water Saving Irrigation Corp. (China), Antelco Pty Ltd. (Australia), EPC Industries (India), Microjet Irrigation (South Africa), KSNM Drip (India), Sistema Azud (Italy), Metzer Group (Israel), Grupo Chamartin Chamsa (Italy), and Dripworks Inc. (US). These players are undertaking a strategy involving new product launches, acquisitions, and collaborations & agreements to improve their market position and extend their competitive advantage.

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