Revolutionizing Agriculture: Drip Irrigation's Impact on Crop Yield and Water Conservation
According to the report, the drip irrigation market is set to be valued at USD 8.3 billion by 2027, with a projected CAGR of 9.8%. The driving force behind this growth is the increasing popularity of drip irrigation among growers. This method enables precise water delivery to the plant roots, reducing wastage caused by factors like wind, runoff, and evaporation. Remarkably, drip systems use 20%-50% less water compared to traditional sprinkler systems.
Key Highlights:
Vegetable Crops Thrive:
The report indicates that the vegetable crops segment is poised to hold the second-largest market share. Drip irrigation proves indispensable for vegetable crops, ensuring uniform moisture levels crucial for optimal growth. In regions like Asia Pacific, where vegetable crops play a vital role in both domestic demand and exports, the adoption of drip irrigation is increasing, driven by advancements in drip line technology.
Emitters/Drippers Drive Growth:
Emitters or drippers, essential components of drip irrigation, are expected to experience significant growth. These small plastic devices ensure a uniform low flow rate, enhancing water efficiency. The rising demand for microirrigation equipment, particularly in Asian countries, contributes to the increasing popularity of emitters/drippers.
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Surface Drip Irrigation Surges:
The surface segment emerges as the fastest-growing application in the drip irrigation market. With lower installation and maintenance costs, surface drip irrigation is preferred for flat land slopes and specific soil types. Its versatility on undulating lands and ease of emitter clog detection further contribute to its popularity.
Asia Pacific Dominates:
Unsurprisingly, Asia Pacific takes the lead as the largest region for the drip irrigation market in 2022. Factors such as increasing demand for agricultural produce, advancements in irrigation technology, and government subsidies drive growth in this region. Modernizing irrigation facilities to cater to commercial crops further propels the adoption of drip irrigation.
Leading Companies:
Jain Irrigation Systems Ltd. (India), Lindsay Corporation (US), The Toro Company (US), Rivulis (Israel), Hunter Industries Inc. (US), Netafim (Israel), Rain Bird Corporation (US), Chinadrip Irrigation Equipment Co., Ltd. (China), Elgo Irrigation Ltd. (Israel), and Shanghai huawei water saving irrigation corp. ltd. (China).