MarkNtel Advisors Releases Comprehensive Study on the Drip Irrigation Market, Forecasting Strong Growth from 2024 to 2030
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “Drip Irrigation Market Analysis, 2024–2030.”
This report provides a detailed assessment of the Drip Irrigation Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
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Drip Irrigation Market Timeline Overview
-Historical Years: 2019-22
-Base Years: 2023
-Forecast year - 2024-2030
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
Drip Irrigation Market Outlook
According to the report, The Global Drip Irrigation Market size was valued at around USD 6.1 Billion in 2023 and is projected to grow at a CAGR of around 11.36% during the forecast period, i.e., 2024-30, owing to the growing initiatives & programs by governments of different countries, shifting the focus of the farmers to make higher profits by utilizing their 100% of farms. For instance, in 2022, Andhra Pradesh, India announced to spend approximately USD181 million to provide drip irrigation facilities on 3.75 lakh acres of agricultural land in the state.
The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.
Drip Irrigation Market Drivers:
Pressing Need for Water Conserving Technologies in Agriculture to Rise the Market Growth - According to the World Bank, 70% of global water reserves are used for agriculture, while 60% is wasted, thus highlighting the need for water-saving technologies in agriculture. Furthermore, agricultural products are a necessity for the survival of the human population, hence the demand for water-conserving technologies for irrigation purposes enhanced significantly across the globe.
Drip Irrigation Market Trends:
Increasing Shift from Traditional to Modern Water-efficient Irrigation Technology - The shift from traditional to modern water-efficient irrigation technology in developing countries such as India, Turkey, etc., to conserve water, energy, and labor, has resulted in increasing demand for modern irrigation technology to reduce water consumption during agricultural activities. Furthermore, the rapidly depleting water resources across the globe have raised concerns about the global agricultural economy. As a result, the demand for water-saving agricultural practices & modern irrigation systems has increased globally. In addition, drip irrigation systems deliver water directly to the roots of plants, enabling healthy growth.
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Drip Irrigation Market Segmentation
The study categorizes the Drip Irrigation Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Component
- Emitters/Drippers
- Pressure Pumps
- Drip Tubes/Drip Lines
- Valves
- Filters
- Fittings & Accessories
By Crop Type
- Field Crops
- Fruits & Nuts
- Vegetable Crops
- Other Crops (turf, ornamental, and spice crops)
By Application
- Agriculture
- Landscape
- Greenhouse
By Emitter Type
- Inline
- Online
Geographical Analysis
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
The report presents detailed insights into the Drip Irrigation Market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
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Leading Companies in Drip Irrigation Market Worldwide: Players, Analysis & Future Outlook
- EPC Industries Limited
- Driptech Incorporated
- Microjet Irrigation Systems
- Rain Bird Corporation
- Rivulus Irrigation
- Netafim limited
- Jain Irrigation System Limited
- Lidsay Corporation
- The Toro Company
- Valmont Industries
- T-L Irrigation Company
- Reinke Manufacturing Company, Inc.
- ELGO Irrigation Limited
- Hunter Industries Inc.
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/global-drip-irrigation-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Drip Irrigation Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Drip Irrigation Market?
4. Who are the prominent players in the Drip Irrigation Market?
5. How is the competition structured in this market?
6. How can I access the full report?
About us:
MarkNtel Advisors is a leading research and consulting organization offering data-driven insights across the environmental sector, including environmental services, waste management, and water treatment solutions. Our studies evaluate technological advancements, regulatory frameworks, and infrastructure innovations shaping the sustainability agenda. Through Competitive Intelligence, we support clients in benchmarking performance, identifying eco-efficient opportunities, and achieving operational excellence aligned with global environmental standards and climate objectives.
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