Drip Irrigation Market Analysis, Trends, Strategies Overview By 2033

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.

The Drip Irrigation Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Drip Irrigation Global Market Report 2024, The drip irrigation market size has grown rapidly in recent years. It will grow from $6.59 billion in 2023 to $7.37 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to water scarcity concerns, increased crop yield and quality, government support and subsidies, rise in commercial agriculture, focus on sustainable agriculture practices.The drip irrigation market size is expected to see rapid growth in the next few years. It will grow to $11.39 billion in 2028 at a compound annual growth rate (CAGR) of 11.5%.

The growing population is expected to drive the growth of the drip irrigation market in the future. As the total number of people living in specific areas, regions, or countries increases, there is a greater need to efficiently manage water resources for agricultural purposes. Drip irrigation systems play a crucial role in addressing this challenge by conserving water and optimizing agricultural productivity. For example, according to the United Nations, the world’s population is projected to increase by nearly 2 billion people over the next 30 years, reaching 9.7 billion by 2050. Consequently, the demand for drip irrigation systems is expected to rise as agriculture seeks to sustainably meet the food needs of a growing global population.

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The drip irrigation market covered in this report is segmented –
1) By Dripper: Inline Emitters, Online Emitters
2) By Component: Filters, Drip Pipes, Emitters, Valves, Pressure Gauge, Fittings, Other Components
3) By Crop: Field Crops, Fruit And Nuts, Vegetable Crops, Other Crops
4)By Application: Surface Application, Subsurface Application

Top Major Players

The Toro Company,

Valmont Industries lnc.,

Netafim Limited,

Jain Irrigation Systems Ltd.,

Rain Bird Corporation

The drip irrigation market report table of contents includes:
            1. Executive Summary

2. Drip Irrigation Market Characteristics
3. Drip Irrigation Market Trends And Strategies
4. Drip Irrigation Market – Macro Economic Scenario
5. Global Drip Irrigation Market Size and Growth
6. Drip Irrigation Market Segmentation
7. Drip Irrigation Market Regional And Country Analysis

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34. Key Mergers And Acquisitions In The Drip Irrigation Market
35. Drip Irrigation Market Future Outlook and Potential Analysis
36. Appendix

List Of Tables :

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Drip Irrigation Market, Segmentation By Dripper, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Drip Irrigation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Drip Irrigation Market, Segmentation By Crop, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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Table 75: The Toro Company Financial Performance

Table 76: Valmont Industries lnc. Financial Performance

Table 77: Netafim Limited Financial Performance

Table 78: Jain Irrigation Systems Ltd. Financial Performance

Table 79: Rain Bird Corporation Financial Performance

 

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