Drip Irrigation Market Analysis and Forecast to 2031: By Component (Emitters, Drip Tubes, Filters, Valves, Pressure Pumps, Others), Emitter Type (Inline, Online), Application (Agriculture, Green House, Others), and Region
The global drip irrigation market was valued at US$ 9.2 billion in 2021 and it is anticipated to grow up to US$ 34.7 billion by 2031, at a CAGR of 14.2% during the forecast period.
Drip irrigation, often known as trickle irrigation, is a form of micro-irrigation system that allows water to drip slowly to plant roots, either above the soil surface or buried below the soil surface. The idea is to distribute water into the root zone while minimizing evaporation. Drip irrigation systems use a network of valves, pipes, tubing, and emitters to transfer water. A drip irrigation system may be more efficient than other types of irrigation systems, such as surface irrigation or sprinkler irrigation, depending on how effectively it is designed, installed, maintained, and operated.
Global Drip Irrigation Market Scope and Report Structure
Market Drivers and Trends
The less usage of labor is the key driver of the market. As technology has improved, agriculture's labor force has become less necessary. The labor cost to operate a drip irrigation system is considered moderate, depending on the degree of automation. This type of irrigation has been used in landscapes, greenhouses, home gardens, field crops, orchards, and vineyards. Fertilizer can also be applied using drip irrigation, a process known as fertigation. Fertigation is the practice of applying nutrients and water at the root zone to promote crop absorption. Water and fertilizer application uniformity has the ability to boost production by 25% to 50%. Fertilizer usage efficiency with fertigation is 80%-90%, allowing 25% of the nutrients to be retained.
Market Restraints and Challenges
The maintenance cost is the major restraint to the market. The drip irrigation system requires continual pressure to maintain a consistent flow of water. The continual flow of water through lateral pipes may cause algae to grow, blocking emitters. Furthermore, the cost of replacing drip irrigation systems is high. Additionally, these systems are difficult to maintain because they require weekly chlorination, which adds to the cost. The maintenance cost is the major restraint to the market.
Global Drip Irrigation Market Segmental Overview
The report analyses the global drip irrigation market based on component, emitter type, application, and region.
Global Drip Irrigation Market by Component
Based on component, the drip irrigation market is segmented as emitters, drip tubes, filters, valves, pressure pumps, and others. Drip tubes segment is expected to lead the market during forecast period. Drip tubes are becoming in popularity due to its modern, renewable raw materials and ease of installation. The drip tube is a crucial component of drip irrigation. Furthermore, during the last decade, there has been an increase in the use of drop tapes constructed from recycled materials in various countries. Increased government support and expanding volumes of field crops are also predicted to contribute in the global expansion of drip tubes.
Global Drip Irrigation Market by Emitter Type
Based on emitter type, the drip irrigation market is bifurcated into inline and online. The online segment is expected to be the largest segment in the drip irrigation market in 2021. Online emitters are little plastic devices that release small streams of water that flow via polyethylene (PE) tubes over the soil. Emitters are installed on the laterals of online drip irrigation systems. They are primarily utilized in horticulture crops such as mango, cashew nut, areca nut, sweet orange, sapota, and others. Because online emitters save up to 70% of water, undulating ground can be cultivated. Online emitters provide the distinct advantage of allowing farmers to plant emitters in locations next to crops. Furthermore, the high adoption rates in Asia Pacific are mostly driven by small farms, which see online emitters as more cost-effective in terms of installation at required places in the laterals when compared to smaller fields.
Global Drip Irrigation Market by Application
Based on application, the drip irrigation market is segmented into agriculture, green house, and others. The agriculture segment is expected to be largest segment in 2021. The reason is straightforward. Drip irrigation not only provides a higher return than other irrigation technologies, but it also provides farmers with an effective and simple approach to operate their farms. Drip irrigation irrigates the land consistently in any topography and soil type and 100% of the land is utilized, drip irrigation works on low pressure, efficient use of fertilizer and crop protection, with no leaching. This is the reason farmers are showing interest to adapt to drip irrigation and thus it will lead the market during the forecast period.
Geographical Analysis of Global Drip Irrigation Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific led the global market in 2021 and is expected to do so throughout the projected period. Increasing technological advancements, together with rising micro-irrigation use in emerging nations such as China and India, are likely to drive market demand over the projection period.
Furthermore, the government is making more efforts to foster such systems, such as through subsidies, foreign investments, and low interest rates. For example, in August 2020, Netafim, an Israeli precision technology supplier, announced a USD 85 million agreement to provide modern irrigation to 35,000 Indian farmers. This, in turn, boosts the demand for drip irrigation in the Asia Pacific region.
Major Players in the Global Drip Irrigation Market
The key players studied in the global drip irrigation market are as Hunter Industries(U.S.), Irritec S.P.A (Italy), Lindsay Corporation(U.S.), Netafim(Israel), Rain Bird Corporation(U.S.), The Toro Company (U.S.), Chinadrip Irrigation Equipment Co., Ltd.(China), Microjet(South Africa), Rivulis(Israel), and Jain Irrigation Systems Ltd.(India).
COVID-19 Impact
In 2022, The COVID-19 pandemic had slightly negative impact on drip irrigation market. Despite difficult circumstances such as fiscal constraints, supply chain disruptions, and labor shortages, drip irrigation enterprises continued to operate. Irrigation is the primary focus for countries concerned about food security, productivity, employment, and climate resilience. Even it was tough time and finding labor was hard, but it’s an important situation to keep the chains up and running. Along with that due to rise in concerns about food habits, people showed interest towards cultivated foods to stay healthy. Due to high demand and low supply, the prices of cultivated fruits and vegetables increased and created a disruption in regular chain.
However, once the situation has normalized, the global drip irrigation market is predicted to increase significantly.
Recent Developments
June 2022, Netafim revealed the findings of a Life Cycle Analysis (LCA) study demonstrating that drip irrigation produces the least environmental effect and optimal land use when compared to flood and sprinkler irrigation technologies.
April 2022, Hunter partnered with POGO, a turfgrass technology solutions provider, in order to increase their production capabilities.
March 2022, Irritec planned to open a new branch in Peru to support local agriculture and promote drip irrigation and fertigation systems.
Frequently Asked Questions
Q1. How big is the Drip Irrigation market?
Ans. The global Drip Irrigation market size was US$ 9.2 billion in 2021 and is anticipated to reach US$ 34.7 billion in 2031, growing at a rate of 14.2% from 2022 to 2031.
Q2. What is the Drip Irrigation market growth rate?
Ans. The growth rate of the Drip Irrigation market is 14.2% from 2022 to 2031.
Q3. Which region holds a major market share for the Drip Irrigation market?
Ans. Asia Pacific holds a major market share of the Drip Irrigation market in 2021.
Q4. Which segment accounted for the largest Drip Irrigation market share?
Ans. Based on application, the drip irrigation market is segmented into agriculture, green house, and others. The agriculture segment is expected to be largest segment in 2021.
Q5. Who are the key players in the Drip Irrigation market?
Ans. The global Drip Irrigation market report includes players such as Hunter Industries(U.S.), Irritec S.P.A (Italy), Lindsay Corporation(U.S.), Netafim(Israel), Rain Bird Corporation(U.S.), The Toro Company (U.S.), Chinadrip Irrigation Equipment Co., Ltd.(China), Microjet(South Africa), Rivulis(Israel), and Jain Irrigation Systems Ltd.(India).
Q6. What are the factors driving the Drip Irrigation market growth?
Ans. The major factor driving the growth of the market is the rise in high demand of labor less practices in agriculture sector.
Q7. What are the key growth strategies of Drip Irrigation market players?
Ans. The key growth strategies of Drip Irrigation market players are product launch, partnerships, and government initiatives.
Q8. Which region will provide more business opportunities for the Drip Irrigation market during the forecast period?
Ans. The Asia Pacific region will provide more business opportunities for the Drip Irrigation market during the forecast period.
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