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Drip Irrigation Market Size (2024 - 2029)

The drip irrigation market is experiencing significant growth, driven by factors such as government support, technological advancements, and increasing water scarcity concerns. This market expansion is particularly notable in the Asia-Pacific region, with India leading in adoption. Major players in the industry are engaging in strategic initiatives, including product development and partnerships, to enhance their offerings and address diverse applications.

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Market Size of Drip Irrigation Industry

Drip Irrigation Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 1.79 Billion
Market Size (2029) USD 2.92 Billion
CAGR (2024 - 2029) 10.30 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Drip Irrigation Market Major Players

*Disclaimer: Major Players sorted in no particular order

Drip Irrigation Market Analysis

The Drip Irrigation Market size is estimated at USD 1.79 billion in 2024, and is expected to reach USD 2.92 billion by 2029, growing at a CAGR of 10.30% during the forecast period (2024-2029).

  • Irrigation is a critical component of agriculture and crop production. Manufacturers have created equipment and techniques to provide farmers with paramount drip irrigation systems. Factors such as government subsidies and policies, technological innovations, and increasing concern over water scarcity drive the market.
  • The drip irrigation system is witnessing high demand as water has increasingly become scarce. Farmers have been seeking novel ideas to grow more crops with the same quantity of water. This is anticipated to augment the growth of the market studied. For instance, the adoption of drip irrigation is growing across Canada, particularly in provinces with water scarcity and high water usage for agricultural production. According to Statistics Canada, Canadian farmers increased their water usage for crop irrigation by 23% in 2022 compared to 2020, which is majorly attributed to the drier climatic conditions in various regions throughout the country.
  • In recent years, drip irrigation implementation has increased in different regions. The Asia-Pacific has the largest market for the drip irrigation industry. India is the largest market in Asia-Pacific for drip irrigation. In February 2021, the Ministry of Agriculture and Farmers Welfare, India, showed that the net irrigated area in the country is 68,649 thousand ha. The agricultural land covered under micro-irrigation is 12,908.44 thousand ha, in which drip irrigation is 6,112.05 thousand ha and sprinkler irrigation is 6,796.39 thousand ha. This means that out of the total irrigated land in the country, only 19% is under micro-irrigation. Up to 60% of water used for sugarcane, banana, okra, papaya, bitter gourd, and a few other crops could be saved if a drip irrigation system is employed for cultivation.
  • The major market players operating in the drip irrigation systems market include Jain Irrigation Systems Limited, Netafim Limited, the Toro Company, etc., making the global drip irrigation market a consolidated marketplace. These market players are involved in several strategic planning, product development activities, and mergers and acquisitions, catalyzing the market鈥檚 growth. Recently, in June 2022, Rivulis Irrigation India Ltd and Jain Irrigation Systems Limited merged their business and will be one of the largest global drip irrigation system providers.

Drip Irrigation Industry Segmentation

Drip irrigation is a method of crop irrigation that helps save water and nutrients by allowing water to drip slowly to the roots of plants, either from above the soil surface or buried below the surface through a system of pipes, valves, tubing, and emitters. The Drip Irrigation Market is Segmented by Application (Surface Drip Irrigation and Subsurface Drip Irrigation), Crop Type (Field Crops, Vegetable Crops, Orchard Crops, Vineyards, and Other Crops), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The report offers market size and forecasts in terms of value (USD) for all the above segments.

Application
Surface Drip Irrigation
Subsurface Drip Irrigation
Crop Types
Field Crops
Vegetable Crops
Orchard Crops
Vineyards
Other Crops
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Russia
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Rest of the Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
United Arab Emirates
Saudi Arabia
Rest of the Middle East & Africa
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Drip Irrigation Market Size Summary

The drip irrigation market is experiencing significant growth, driven by the increasing need for efficient water management in agriculture. This growth is supported by government policies, technological advancements, and heightened awareness of water scarcity issues. The Asia-Pacific region, particularly India, leads the market due to its large agricultural base and the pressing need for sustainable farming practices. Major players in the industry are focusing on strategic collaborations and product innovations to enhance their market presence. For example, partnerships like that of the Saudi Drip Irrigation Company and Hunter Industries aim to develop advanced irrigation solutions that cater to various sectors, including agriculture and residential areas. The adoption of automatic drip irrigation systems is also on the rise, as they offer precise control over soil moisture, thereby improving crop yields and reducing resource wastage.

The market is further bolstered by the growing adoption of micro-irrigation systems and modern farming technologies, which are crucial for addressing food security concerns in densely populated countries like India and China. Initiatives such as Netafim's efforts in India to boost tomato yields exemplify the proactive steps being taken to enhance agricultural productivity through drip irrigation. The global market is characterized by a few dominant players, such as Netafim Limited and Jain Irrigation Systems Limited, who are expanding their product offerings and engaging in strategic partnerships to maintain their competitive edge. These developments underscore the industry's commitment to sustainable agricultural practices and the efficient use of water resources, aligning with global trends towards environmental conservation and resource optimization.

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Drip Irrigation Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Threat of Water Scarcity

      2. 1.2.2 Favorable Policies and Subsidies from the Government

      3. 1.2.3 Increasing Adaptation of Fertigation

    3. 1.3 Market Restraints

      1. 1.3.1 High Initial Capital Investments

      2. 1.3.2 Damages in Drip Irrigation Due to the Complex Set-up

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Application

      1. 2.1.1 Surface Drip Irrigation

      2. 2.1.2 Subsurface Drip Irrigation

    2. 2.2 Crop Types

      1. 2.2.1 Field Crops

      2. 2.2.2 Vegetable Crops

      3. 2.2.3 Orchard Crops

      4. 2.2.4 Vineyards

      5. 2.2.5 Other Crops

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

        4. 2.3.1.4 Rest of North America

      2. 2.3.2 Europe

        1. 2.3.2.1 Germany

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 France

        4. 2.3.2.4 Russia

        5. 2.3.2.5 Spain

        6. 2.3.2.6 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 India

        2. 2.3.3.2 China

        3. 2.3.3.3 Japan

        4. 2.3.3.4 Rest of the Asia-Pacific

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle East & Africa

        1. 2.3.5.1 United Arab Emirates

        2. 2.3.5.2 Saudi Arabia

        3. 2.3.5.3 Rest of the Middle East & Africa

Drip Irrigation Market Size FAQs

The Drip Irrigation Market size is expected to reach USD 1.79 billion in 2024 and grow at a CAGR of 10.30% to reach USD 2.92 billion by 2029.

In 2024, the Drip Irrigation Market size is expected to reach USD 1.79 billion.

Drip Irrigation Market Report Snapshots

Drip Irrigation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)