PUBLISHER: 360iResearch | PRODUCT CODE: 1467982
PUBLISHER: 360iResearch | PRODUCT CODE: 1467982
[193 Pages Report] The Drip Irrigation Market size was estimated at USD 7.16 billion in 2023 and expected to reach USD 7.91 billion in 2024, at a CAGR 10.54% to reach USD 14.45 billion by 2030.
Drip irrigation has emerged as an optimal way of watering crops, mainly due to the great water economy with complete automation of the irrigation process. The irrigation process consists of a permanent system of pipes that use emitters for localizing water applications near the individual plants using high-frequency applications and low discharge rates. Drip irrigation significantly reduces water consumption and saves energy due to its low-pressure systems. Several government programs and initiatives have been introduced to promote the adoption of drip irrigation systems owing to their various environmental and user benefits. However, high initial installation cost of drip irrigation systems and the dripper system design and operational limitations impede the process adoption. Market players are consistently working toward decreasing the capital costs of a drip irrigation system by utilizing smaller pumps with less operating energy costs. Amalgamations and partnership activities are observed among commercial farmers and drip irrigation companies, and investments are made by manufacturers to expand precision irrigation activities. Smart drip irrigation systems and the rise of hydroponics, cannabis cultivation, and indoor farming is also expected to proliferate the adoption of drip irrigation activities.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 7.16 billion |
Estimated Year [2024] | USD 7.91 billion |
Forecast Year [2030] | USD 14.45 billion |
CAGR (%) | 10.54% |
Component: Increasing use of valves as it is essential components in controlling water flow
Drip tubes are polyethylene tubes with emitters placed along the plants. A dripline is a pipeline with an internally built drip emitter evenly spaced along the pipe to give a specific amount of water commonly used in landscape and effluent applications. Emitters & drippers are used to control the release of water from the lateral to the plants. Inline drippers are ideal for equally spaced plants to avoid many connections with direct lines for areas that may not require irrigation. On-line drippers/emitters are usually used for groves and orchards where the number of drippers, their spacing, and location are designated and not equally spaced during the installation. The inline emitters offer flexibility and simplify the installation of residential drip irrigation systems. Pressure pumps help in producing high pressure at high flow rates. Fittings and accessories such as connectors, adaptors, and end plugs help assemble an effective drip irrigation system customized according to crop or landscape requirements for optimal efficiency. Moreover, drip irrigation filters help prevent drip emitters, micro sprinklers, soaker hoses, and mist systems from clogging. These components help in slowly dripping water into the soil at the root zone. Valves are essential components controlling water flow within a drip irrigation system by regulating pressure levels and ensuring accurate distribution among different zones or sections of the landscape.
Type: Evolving usage of drip irrigation systems in agriculture
Drip irrigation systems are highly preferred in agriculture as they minimize water and labor costs, increase crop yields, and enhance the overall efficiency of agricultural operations. Drip irrigation is suitable for row crops, including vegetables, fruits, and trees, where one or more drippers can be provided for each plant, which helps increase crop yield. Drippers deliver water and nutrients directly to the roots of the field crops and prevent them from disease by minimizing water contact with plants that produce fruit & nuts. Drip irrigation can decrease evaporation rate and runoff, contributing to water conservation. Drip irrigation improves water and fertility management in vegetable crops and reduces disease and weed pressure. This system allows the rows between plants to remain dry and reduces weed growth. Landscape drip irrigation is necessary in arid regions or urban environments where water conservation is crucial. It is a cost-effective method for maintaining parks, gardens, golf courses, sports fields, and green roofs, as it ensures water efficiency, reduces evaporation and runoff, and minimizes the risk of overwatering.
Application: Burgeoning utilization of surface applications owing to its cost-effectiveness
Subsurface drip irrigation involves the installation of drip lines below ground level, ensuring that water is delivered precisely to the root zones of plants. However, subsurface applications can be more challenging and expensive to install due to factors such as soil type and system design requirements. Surface drip irrigation involves installing emitter lines above ground level so that water is distributed uniformly over soil surfaces near the root zones. The main disadvantage of surface applications is that they may be more susceptible to weed growth, evaporation losses, and damage from animals or farming equipment.
End-use: Significant adoption of field drip irrigation as it conserve water and increases crop yield
Field drip irrigation is an efficient water and nutrient delivery system for growing crops in which drippers control water discharge from the lateral to the plants. Indoor drip irrigation uses automatic drip water systems for more extensive and more established indoor gardens. The methods use a network of tubes and emitters that gradually drip water into the soil and gardens based on a schedule. Moreover, orchard drip irrigation systems can provide drippers for each plant, influencing fruit quality in orchards. Drip irrigation is often used for orchard crops as the spacing between emitters and laterals is greater, and system costs per acre are lower. These provide orchard farming with increased production and improve each plant's health.
Regional Insights
The presence of vast agricultural land and the growing demand for water conservation systems in Asia-Pacific, rising drought concerns across the agricultural countries in the Americas and EMEA are expanding the use of drip irrigation technology to reduce water usage and enhance agricultural productivity while ensuring food security. The drip irrigation method is widely implemented in farms across Spain, Israel, China, India, the United States, Italy and South Africa, particularly for horticulture and fruit crops. Moreover, the governments of agricultural nations worldwide are taking initiatives to spread awareness regarding water conservation and encourage the use of micro-irrigation technologies. Increasing shifts toward adopting precision irrigation systems and continuous R&D to improve drip irrigation technologies are expected to expand the use of drip irrigation worldwide in the future.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Drip Irrigation Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Drip Irrigation Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Drip Irrigation Market, highlighting leading vendors and their innovative profiles. These include Agrodrip S.A., Alkhorayef Group, Antelco Pty Ltd., Aquazen Polytech Pvt. Ltd., Chamsa - Grupo Chamartin S.A., Chinadrip Irrigation Equipment Co., Ltd., DeepDrop System, Dolphin Irrigation Systems, Elgo Irrigation Ltd., Heibei Plentirain Irrigation Equipment Ltd., Hunter Industries, Inc., Irrigation Direct Canada, Irritec S.p.A., Jain Irrigation Systems Ltd., Kothari Group, Lindsay Corporation, Mahindra EPC Irrigation Limited, Metzerplas corporation, Microjet Irrigation Systems, NDrip Ltd., NDS Inc., Netafim Limited, Novedades Agricolas S.A., Rain Bird Corporation, SISTEMA AZUD, SA, T-L Irrigation Co., and The Toro Company.
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Drip Irrigation Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Drip Irrigation Market?
3. What are the technology trends and regulatory frameworks in the Drip Irrigation Market?
4. What is the market share of the leading vendors in the Drip Irrigation Market?
5. Which modes and strategic moves are suitable for entering the Drip Irrigation Market?