Market Overview: Drip Irrigation Market
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Drip Irrigation Market Insights 2024-30
The Drip Irrigation Market is estimated to grow at a CAGR of around 11.36% during the forecast period 2024-30.
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Driving Innovation: Exploring the Drip Irrigation Market and its Key Driver
Global Drip Irrigation Market Driver: 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.
Moreover, there are numerous benefits associated with the use of drip irrigation systems, such as reduction in weed growth & soil erosion & providing proper field leveling, which resulted in escalating the demand for drip irrigation systems across the globe.
Top Players in the Drip Irrigation Market:
-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.
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Segmentation Analysis of Drip Irrigation Market
Drip Irrigation Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
By Component
-Emitters/Drippers
-Pressure Pumps
-Drip Tubes/Drip Lines
-Valves
-Filters
-Fittings & Accessories
- Among them, Drip Tubes/Drip Lines held a considerable share in the Global Drip Irrigation market
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
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A Comprehensive Geographical Analysis:
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
- Of all the regions globally, the Asia-Pacific Drip Irrigation market has been portraying a noticeable growth since 2018, owing to the increasing installation of drip irrigation systems in emerging economies, such as China & India.
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
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