The global drip irrigation systems market was expected to be valued at USD 3862.12 million in 2023 and is anticipated to reach USD 4279.62 million in 2024 from USD 9728.29 million by 2032, growing at a CAGR of 10.81% from 2024 to 2032.
A drip irrigation system that spares fertilizer and water by allowing water to drip slowly to the roots of different plants, either onto the soil surface or directly onto the root zone, through a system of filters, valves, tubing, pipes, and emitters. The water is spread over the field by parallel tubing and connected through drippers introduced on the tubing at equivalent intervals. So, the best technique to use in applying water to gardens, home landscapes, and orchards is drip irrigation. The reason behind the use of a drip irrigation system is that the soil moisture remains constant.
Rising demand for agricultural products due to increasing population, decreasing water wastage, increasing technological advancement in irrigation facilities, government subsidies in various countries are the factors driving the growth of the market. High investment costs and lack of proper awareness are the restrainings of the market.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2032 |
Base Year |
2023 |
Forecast Period |
2024 to 2032 |
CAGR |
10.81% |
Segments Covered |
By Crop Type, By Application, Components and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Netafim Limited, Jain Irrigation System Limited, Lindsay Corporation, The Toro Company, Eurodrip S.A EPC Industries Limited, Rain Bird Corporation, Rivulus Irrigation Driptech Incorporated. |
Asia-Pacific has the largest share of the market followed by North America and Europe. Developing countries in the Asia-Pacific region such as China, India are expected to use modern farming methods.
Netafim Limited, Jain Irrigation System Limited, Lindsay Corporation, The Toro Company, Eurodrip S.A, EPC Industries Limited, Rain Bird Corporation, Rivulus Irrigation, Driptech Incorporated. Some of the market players dominating the global drip irrigation system market.
By Crop Type
By Application
By Components
By Region
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