Drip Irrigation Market is Expected to Grow $8.3 billion by 2027
The drip irrigation market size is 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...
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%...
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,...