Drip Irrigation Market Analysis, Statistics and Forecast to 2027
The Drip irrigation Marketis estimated to be valued at USD 5.2 billion in 2022 and is projected to reach USD 8.3 billion by 2027, recording a CAGR of 9.8% during the forecast period in terms of value.
Drip irrigation is increasing in popularity among growers, as it helps in transferring water to the roots of the plant where it is needed, at the correct volume, and without a lot of waste due to...
Growth opportunities and latent adjacency in Drip Irrigation Market
The Report “Drip Irrigation Market by Component (Emitters, Drip Tubes/Drip Lines, Filters, Valves, and Pressure Pumps), Emitter/Dripper Type (Inline And Online), Application (Surface And Subsurface), Crop Type, and Region – Global Forecast To 2025″, The drip irrigation market is estimated to be valued at USD 9.3 billion by 2025, from USD 5.5 billion in 2020, at a CAGR of 10.8%...
Growth Opportunities in the Drip Irrigation Market
The global drip irrigation marketis projected to grow from USD 4.9 billion in 2019 to USD 8.5 billion by 2025, at a CAGR of 9.6%. The rise in the popularity of drip irrigation solutions can be attributed to government initiatives, water conservation activities, enhancement of production, and decrease in production cost. Markets such as China and India are among the key markets targeted by drip...
Increasing Adoption of Precision Agriculture and Sustainable Practices Drives the Drip Irrigation Market
The global Drip Irrigation Market is projected to grow from USD 4.9 billion in 2019 to USD 8.5 billion by 2025, at a CAGR of 9.6%. The rise in the popularity of drip irrigation solutions can be attributed to government initiatives, water conservation activities, enhancement of production, and decrease in production cost. Markets such as China and India are among the key markets targeted by drip irrigation...
Drip Irrigation Market worth $6.54 billion by 2022
Drip/ trickle irrigation system offers several advantages to farmers such as increase in per crop yield, improved & efficient use of water & fertilizers, and reduced production cost; which have together resulted in an increase in the usage of drip irrigation. The global drip irrigation market is projected to grow at a CAGR of 11.60% from 2017 to reach USD 6.54 billion by 2022. In terms of area,...
Demand for Drip Irrigation is Growing Due to Increase in Efficiency of Water Usage & Effective Cost Savings in Agricultural Production
Drip Irrigation Market Driving Factors >>
Increase in Efficiency of Water Usage With Drip Irrigation
Improved & efficient use of fertilizers
Effective Cost Savings in Agricultural Production
Enhancement in Crop Yield
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The global drip irrigation market is projected to grow at a CAGR of 11.60% from 2017, to reach USD 6.54 Billion by 2022. In terms of area, the global drip...
Driving Factors For Drip Irrigation Systems Market
Drip irrigation, also known as trickle irrigation, is the most efficient irrigation technique. The rise in global population has made farmers use available agricultural land with minimum resources. Drip irrigation helps in the prevention of water wastage and works efficiently against draught affected areas. The use of drip irrigation technique has also proven to be effective in undulating terrains,...