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Drip Irrigation Market has Witnessed a Significant Increase in Recent Years

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MarketsandMarkets™
Drip Irrigation Market has Witnessed a Significant Increase in Recent Years

The global drip irrigation market is projected to reach USD 8.3 billion by 2027, growing at a CAGR of 9.8% during the forecast period. The market is being driven by the rising demand for cutting-edge agricultural technologies, which is reflected in new product innovations and patent registrations.


Countries with agrarian economies, such as India and China, are major markets due to the increasing issue of water scarcity in these regions. Drip irrigation has gained acceptance globally as a technology that can significantly improve water use efficiency, with rates reaching as high as 90-95%.


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The field crops segment is the largest crop type in the global drip irrigation market, with increasing adoption among growers due to benefits such as higher profits, reduced costs, and reduced fertilizer and water needs. While traditionally used for orchard crops, vegetables, lawns, and turf, drip irrigation has proven profitable for field crops such as sugarcane, corn, and cotton in the last decade. Rising field crop prices have further boosted the market for drip irrigation.


The drip mainlines/drip tubes component is the largest in the global drip irrigation market due to the availability of modern sustainable raw materials and easy installation. Drip tubes are an essential part of the drip irrigation process, and the adoption of drip tapes and drip lines made from recycled materials has increased in various regions in the past decade.


The surface segment is expected to see the highest growth in the drip irrigation market due to low installation and maintenance costs. Surface drip irrigation equipment is widely used for irrigating perennial crops and annual row crops. The Asia Pacific drip irrigation market dominated the surface segment and is expected to grow at the highest rate during the forecast period. The production of low-cost drip irrigation kits mainly features a surface system, which is popular among small farmers in India, China, and other Southeast Asian countries.


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The online segment is anticipated to grow steadily in the drip irrigation market over the foreseeable future. Online emitters save up to 70% water and can be installed at spots adjacent to the crops as required by farmers, making them more cost-effective for small farms in Asia Pacific.


Key players in this market include Jain Irrigation Systems Ltd. (India), Lindsay Corporation (US), The Toro Company (US), Rivulis (Israel), Hunter Industries Inc. (US), Netafim (Israel), DRIPWORKS (US), Irritec S.p.A (Italy), Goldenkey (UAE), KSNM DRIP (India), and Raindrip, Inc. (US).

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