Dublin, July 28, 2021 (GLOBE NEWSWIRE) -- The "Drip Irrigation Market By Type, Application, Regions, and Company Analysis, Global Forecast" report has been added to ResearchAndMarkets.com's offering.
Global Drip Irrigation Market will be to US$ 9.4 Billion by 2027.
Global Drip Irrigation Market was US$ 4.6 Billion in 2020 and is estimated to grow with double digits CAGR of 10.82% from 2020 to 2027.
Drip irrigation is a new revaluation in the agriculture sector. In this technology, water is applied very close to crops. So that only part of the soil in which the roots grow is wetted. Drip irrigation is the most productive water and nutrient delivery system for growing crops.
The rise in government funding globally and the worldwide shrinking of groundwater sources have fuelled the drip irrigation system's demand in the major crop-producing countries, such as The United States, Brazil, India, China and Egypt. The development and urbanization of sporting infrastructure in the water-deficient Middle East region have benefited the global irrigation market in recent years.
The drip irrigation system is very beneficial for growing fruits, vegetables, turf & lawns, orchard crops. However, in recent years, its use in the field, such as wheat, corn potato, tomato, sugarcane, and cotton, has also been productive. Asia Pacific region has witnessed a dramatic shift from installing basic irrigation facilities to the adoption of precision irrigation systems through technology.
At the same time, North America and Europe attribute to the growing acceptance of centre pivot sprinkler. The lateral move in irrigation systems and farmers' awareness of the cost and productivity benefits from the micro-irrigation system helps this industry grow many folds.
The global Drip Irrigation is highly competitive with few giants and many small players across the globe. Moreover, the government supports the local manufacturers in developing countries such as India and China have increased the competition in the market.
In Aug. 2020, Israeli precision irrigation solution firm Netafim announced that it had made a deal with 35,000 farmers in India of an estimated at US$ 85 Million to provide advanced irrigation systems.
Key Topics Covered:
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Drip Irrigation Market
6. Market Share - Drip Irrigation Market
6.1 By Countries
6.2 By Crop Type
6.3 By Application
7. Market by Countries
7.1 United States
7.2 China
7.3 Egypt
7.4 India
7.5 Turkey
7.6 Saudi Arabia
7.7 Pakistan
7.8 Iran
7.9 Tunisia
7.10 Rest of the World
8. Market by Crop Type
8.1 Corn
8.2 Cotton
8.3 Tomato
8.4 Potato
8.5 Other Crop
9. Market by Application
9.1 Agricultural Irrigation
9.2 Landscape Irrigation
9.3 Greenhouse Irrigation
9.4 Others
10. Company Analysis
10.1 Jain Irrigation System Limited
10.1.1 Overview
10.1.2 Recent Developments
10.1.3 Sales
10.2 Lidsay Corporation
10.3 The Toro Company
10.4 Valmont
For more information about this report visit https://www.researchandmarkets.com/r/5jm4iz