Key Research Findings on Drip Irrigation Systems Market Presented for the Period 2014 – 2020

The global drip irrigation systems market consists of a few global and local players. The market is considerably fragmented, says Transparency Market Research (TMR) in a report. The global drip irrigation systems market share is evenly categorized among a few major companies. There are some noteworthy players heading the global drip irrigation systems market to deliver quality products to end-users. The most important enterprises operating in the global drip irrigation systems market are Netafim Ltd., The Toro Company, Jain Irrigation Systems Ltd., Rain Bird Corporation, and Hunter Industries, Inc.

As said in the report of TMR, the global drip irrigation systems market was valued at US$98.3 mn in 2013. It is projected to achieve US$317.4 mn by 2020 by stretching out at a CAGR of 18.30% for the duration of 2014 to 2020. Based on applications, the global drip irrigation systems market is categorized into agriculture, landscape, and greenhouse. Among these, agriculture segment will lead the drip irrigation systems market share and account for the highest growth in the market owing to the growing government initiatives to support the installation of drip irrigation systems.

Developing economies such as Asia Pacific and Latin America are projected to fuel the demand for these products. This is due to favorable government policies like subsidies for farming and low-interest loans. Such favorable policies are made to energize the industry growth prospects. Europe market for drip irrigation system is expected to expand in the forthcoming years. This is due to reduced suitable lands for growing crops owing to increase of industrialization in the region. Government of European countries is taking part to endorse drip irrigation system in farms to drive the crop yield.

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Growth in Demand of the Agricultural Product is driving the Market

The rise in population has led to the growth in request for the agricultural product. This grown demand has pushed the requirement for cultivation of agricultural crops with in the short supply of resources. The ability of this system to provide better yield with limited water supply be projected to boost the demand for global drip irrigation system market. Additionally, governments are taking part by providing subsidies in several area to promote the use of drip irrigation system globally.

Water is depleting to a greater extent and needs to be utilized optimally. Among the personal use, agricultural, and industrial sectors, the agricultural sector is the prime consumer of water, across the globe. Drip irrigation benefits to avoid wastage of water, by using water in the form of water droplets. Thus, drip irrigation systems decrease virtual water necessity and improve productivity in the agricultural sector. Therefore, the impact of scarcity of water is remarkable at present, but it is expected to increase due to the depleting resources, environmental conditions, and increasing population.

High Initial Investment Cost is Installing Hampers the Market

Initially the investment cost is on the higher side in establishing drip irrigation system is expected hinder the market. Moreover, it is projected to hamper the growth of global drip irrigation system market in the coming years. Nevertheless, growing agricultural activities in developing economies is expected to drive the demand for drip irrigation systems market in the forthcoming years.

Middle East & North Africa Drip Irrigation Systems Market to Reach US$317.4 mn by 2020

Drip irrigation systems are designed for minimum wastage of water by applying water near the roots of plants. Considering the issue of water scarcity across the globe, the usage of drip irrigation systems is recommendable for various applications. Drip irrigation systems are expected to witness high demand in the Middle East and North Africa (MENA) regions during the forecast period. This is largely due to the rising need for efficient water management in these highly arid regions. Drip irrigation systems offer better water efficiency and minimal human intervention for water application purposes. Thus, the higher water use efficiency of drip irrigation systems is the most significant driver for these systems in MENA. The demand for drip irrigation systems is also driven by the increasing greenhouse production of vegetables, fruit and other crops in the region. Greenhouse production is popular in countries such as Morocco, Egypt, Qatar and others. Furthermore, governments of countries such as Algeria, Morocco and Qatar lay emphasis on increasing the productivity of agriculture by promoting efficient agricultural techniques. Thus, growing encouragement of national governments in the region is another substantial driver for the adoption of drip irrigation systems in MENA region.

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The market for drip irrigation systems in MENA is segmented on the basis of components, applications, and geographic regions. On the basis of components, the market for drip irrigation systems is segmented into emitters, tubing, backflow preventers, pressure regulators, valves, and filters. Major applications of drip irrigation systems are agriculture, gardens (public and residential), and others. The others segment comprises nurseries and greenhouses. On the basis of geography, the market for drip irrigation systems in MENA region is segmented into the Middle East and North Africa regions.

Geographically, the market for drip irrigation systems has been segmented into two regions: the Middle East and North Africa. The Middle East drip irrigation systems market comprises Saudi Arabia, United Arab Emirates (UAE), Qatar, Kuwait, Israel, Turkey, Iran, and Rest of the Middle East (RoME). The market for drip irrigation in North Africa consists of Algeria, Morocco, Egypt, Sudan, and others. The market size and forecast for each region has been provided for the period from 2012 to 2020 including the CAGR (%) for the forecast period from 2014 to 2020. The study also includes qualitative analysis of the competitive scenario in these regions. The overview section of the report comprises qualitative analysis of the overall market, highlighting the factors determining market dynamics such as drivers, restraints, and opportunities along with a distribution channel analysis.

The report also provides a section on competitive landscape, wherein the market positioning analysis of leading players in the Middle East and North Africa drip irrigation systems market, in 2013, has been discussed. The report concludes with the profiles of major players in the Middle East and North Africa drip irrigation systems market such as Netafim Ltd., Jain Irrigation Systems Ltd., Hunter Industries, Inc., The Toro Company, Rain Bird Corporation, Elgo Irrigation Ltd. and Eurodrip SA.

Middle East & North Africa Drip Irrigation Systems Market: Higher Adoption of Irrigation Systems to Fuel Growth

Drip irrigation systems are designed for minimum wastage of water by applying water near the roots of plants. Considering the issue of water scarcity across the globe, the usage of drip irrigation systems is recommendable for various applications. Drip irrigation systems are expected to witness high demand in the Middle East and North Africa (MENA) regions during the forecast period. This is largely due to the rising need for efficient water management in these highly arid regions. Drip irrigation systems offer better water efficiency and minimal human intervention for water application purposes. Thus, the higher water use efficiency of drip irrigation systems is the most significant driver for these systems in MENA. The demand for drip irrigation systems is also driven by the increasing greenhouse production of vegetables, fruit and other crops in the region. Greenhouse production is popular in countries such as Morocco, Egypt, Qatar and others. Furthermore, governments of countries such as Algeria, Morocco and Qatar lay emphasis on increasing the productivity of agriculture by promoting efficient agricultural techniques. Thus, growing encouragement of national governments in the region is another substantial driver for the adoption of drip irrigation systems in MENA region. 

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The market for drip irrigation systems in MENA is segmented on the basis of components, applications, and geographic regions. On the basis of components, the market for drip irrigation systems is segmented into emitters, tubing, backflow preventers, pressure regulators, valves, and filters. Major applications of drip irrigation systems are agriculture, gardens (public and residential), and others. The others segment comprises nurseries and greenhouses. On the basis of geography, the market for drip irrigation systems in MENA region is segmented into the Middle East and North Africa regions.

Geographically, the market for drip irrigation systems has been segmented into two regions: the Middle East and North Africa. The Middle East drip irrigation systems market comprises Saudi Arabia, United Arab Emirates (UAE), Qatar, Kuwait, Israel, Turkey, Iran, and Rest of the Middle East (RoME). The market for drip irrigation in North Africa consists of Algeria, Morocco, Egypt, Sudan, and others. The market size and forecast for each region has been provided for the period from 2012 to 2020 including the CAGR (%) for the forecast period from 2014 to 2020. The study also includes qualitative analysis of the competitive scenario in these regions. The overview section of the report comprises qualitative analysis of the overall market, highlighting the factors determining market dynamics such as drivers, restraints, and opportunities along with a distribution channel analysis.

The report also provides a section on competitive landscape, wherein the market positioning analysis of leading players in the Middle East and North Africa drip irrigation systems market, in 2013, has been discussed. The report concludes with the profiles of major players in the Middle East and North Africa drip irrigation systems market such as Netafim Ltd., Jain Irrigation Systems Ltd., Hunter Industries, Inc., The Toro Company, Rain Bird Corporation, Elgo Irrigation Ltd. and Eurodrip SA.