Sustainability in Every Drop: The Future of Drip Irrigation (2023-2030)

The Global Drip Irrigation market is anticipated to reach 11.3 billion USD by 2030, up from an expected 6.5 billion USD in 2021?at 10.8% CAGR for the said period.?This growth of the Drip Irrigation market can be said, would be a result of factors such as water conservation activities, decreased production costs, government initiative and enhancement of production. Due to wide agricultural sector driven by exports adopting drip irrigation facilities and regional demand, markets like India and China are among the dominant markets targeted by manufacturers and distributers of drip irrigation.

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Based on Geography, the Drip Irrigation market is segmented into-

a. North America – US, Canada b. Europe – Germany, UK, France, Italy, Spain, Rest of Europe c. Asia Pacific (APAC) – India, Japan, China, Rest of APAC d. Rest of the World

APAC’s drip irrigation market is expected to be the largest during 2023-2030?and is estimated to grow with the highest CAGR. In 2020, APAC was the biggest consumer of the drip irrigation market. This region is marking a significant shift from the installation of basic irrigation facilities to the adaptation of precision irrigation systems by upgrading technologically. The main focus of agriculture has moved to more commercial crops from traditional crops. Because of these changes, the irrigation facilities are expected to upgrade and modernize their irrigation management and also preferably their infrastructure. As commercial crops are very sensitive to the amount of water supplied and the time taken for water delivery, the drip irrigation has already become an essential aspect.