Global
Drip Irrigation System Market: Overview
Over
the last couple of decades, irrigation facilities have seen a number
technological advancements for the better crop yield. Moreover. water
crisis is one of the major problem associated with irrigation
facility around the world. An introduction of drip irrigation system
is a solution to these problems. Drip irrigation uses valve, tubing,
pipe and emitters that allow the water to drip slowly to the roots of
plants and crops, thus saving the water. Drip irrigation system is
majorly preferred by the farmers across the country over surface
irrigation, due wastage of water through evaporation. Rising adoption
of drip irrigation system around the world is expected to fuel the
demand for global drip irrigation system over the forecast period.
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Global
Drip Irrigation System Market: Drivers and Restraints
The
rapid increase in population has led to the growth in demand of the
agricultural product, which has boosted the demand for cultivation of
agricultural crops with limited resources .The ability of drip
irrigation system to provide better yield with limited water supply
is expected to drive the demand for global drip irrigation system
over the forecast period. Additionally, government, across the globe
is taking initiative by providing subsidies in various region to
promote the use of drip irrigation system.Moreover, growing
agricultural activities in emerging economies such as India, Brazil
etc. is further expected to propel the demand for drip irrigation
system over the forecast period.
However,
high initial investment cost associated with installing global drip
irrigation system is expected to act as the restraining factor and is
anticipated to hamper the growth of global drip irrigation system
market over the forecast period.
Global
Drip Irrigation System Market: Segmentation
The
global drip Irrigation system market can be segmented as follows:
Global
Drip Irrigation System Market, by Components
- Emitters
- Pressure Gauge
- Drip Tube
- Valves
- Filters
- Others
Global
Drip Irrigation System Market, by Crop type
- Cereals & Pulses
- Fruits & Vegetables
- Oilseeds & Pulses
- Turf & Ornamentals
- Others Crops
Global
Drip Irrigation System Market, by Application
- Agriculture
- Landscape
- Greenhouse
- Others
Global
Drip Irrigation System Market: Regional Outlook
Geographically,
the global
Drip Irrigation System market can be divided into major regions
which include North America, Latin America, Western and Eastern
Europe, Asia Pacific excluding Japan (APEJ), Japan and the Middle
East and Africa (MEA). In terms of demand, Asia Pacific excluding
Japan is dominating global drip irrigation system market and is
expected to continue its dominance over the forecast period. APEJ,
due to increasing demand of global drip irrigation system from
various application in emerging economies, such as India, China, and
South Korea is expected to maintain its dominance over the forecast
period. Among the countries in APEJ region, China is expected to
register a strong CAGR during the forecast period. North America is
expected to follow Asia Pacific. While Europe is expected to hold the
third position in global drip irrigation system market over the
forecast period. Rest of the world (ROW) are projected to have
moderate growth in global drip irrigation system market in coming
years.
Global
Drip Irrigation System Market: Key Players
The
key players in the global drip irrigation system market are
- Netafim limited
- Jain Irrigation System Limited
- Lidsay Corporation
- The Toro Company
- Eurodrip S.A
- EPC Industries Limited
- Driptech Incorporated
- Microjet Irrigation Systems
- Rain Bird Corporation
- Rivulus Irrigation
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