GlobalDrip Irrigation Market was valued at US$ 1.67 Bn in 2019 and is expected toreach US$ 4.98 Bn by 2026, at a CAGR of 14.63% during a forecast period.
The report includes an analysis ofthe impact of COVID-19 lockdown on the revenue of market leaders, followers,and disruptors. Since the lockdown was implemented differently in variousregions and countries; the impact of the same is also seen differently byregions and segments. The report has covered the current short-term andlong-term impact on the market, and it would help the decision-makers toprepare the outline and strategies for companies by region.
To know about the ResearchMethodology:-Request Free Sample Report
Global Drip Irrigation MarketSegment analysis
The agriculture segment is expectedto hold the largest share in the market during the forecast period owing to therising demand for food as the population is growing across the globe. Dripirrigation helps to provide an efficient food supply and innovation in thetechnology of drip irrigation is also driving the market growth. Field Crop isestimated to propel the market growth during the forecast period. Rising thequality and quantity of yield due to using drip irrigation and reducedproduction cost are the factors that are driving the market growth by fieldcrop type. The emitter's segment is projected to lead the market growth duringthe forecast period.
Global Drip Irrigation MarketDynamics
Major driving factors of the marketare the rising requirement to save water and nutrients and the growing demandto provide water directly into the root areas to reduce the loss. In addition,increasing water problems are expected to boost the market growth in theagriculture sector. Growing awareness regarding the benefits of drip irrigationamong consumers is also surging the market growth across the globe.
Increasing implementation of agreenhouse is providing opportunities to the manufacturers and at the sametime, high cost of the product is estimated to act as restraints to the market.The report provides an in-detail list of drivers and restraints, which areinfluencing the market growth. Additionally, provides expected opportunities andemerging trends.
Global Drip IrrigationMarketRegional Insights
The Asia Pacific is estimated tohold the largest share in the market during the forecast period as a result ofgrowing demand for drip irrigation from developing countries such as India andChina. In addition, the rising economy, growing middle-class population, andgovernment providing various funds to farmers are also boosting the marketgrowth in a positive way in this region. China is projected to lead the marketgrowth in this region owing to the rapid adoption of advanced agricultureequipment and technologies. North America is expected to generate the highestCAGR during the forecast period.
The report includes a detailedstudy of Porter’s Five Forces model to analyze the different factors affectingthe growth of the market. Moreover, the study also covers a marketattractiveness analysis, PESTLE analysis, Value Chain Analysis, and SWOTanalysis.
Global Drip Irrigation Market, KeyHighlights:
• Global Drip Irrigation Marketanalysis and forecast, in terms of value.
• Comprehensive study and analysisof market drivers, restraints and opportunities influencing the growth of theGlobal Drip Irrigation Market
• Global Drip Irrigation Marketsegmentation on the basis of type, source, end-user, and region (country-wise)has been provided.
• Global Drip Irrigation Marketstrategic analysis with respect to individual growth trends, future prospectsalong with the contribution of various sub-market stakeholders have beenconsidered under the scope of study.
• Global Drip Irrigation Marketanalysis and forecast for five major regions namely North America, Europe, AsiaPacific, the Middle East & Africa (MEA) and Latin America along withcountry-wise segmentation.
• Profiles of key industry players,their strategic perspective, market positioning and analysis of corecompetencies are further profiled.
• Competitive developments,investments, strategic expansion and competitive landscape of the key playersoperating in the Global Drip Irrigation Market are also profiled.
Scope of the Global Drip IrrigationMarket: Inquire before buying
Global Drip Irrigation Market, byComponent
• Valves
• Emitters
• Pressure Gauge
• Drip Tube
• Filters
• Others
Global Drip Irrigation Market, byApplication
• Greenhouse
• Agricultural
• Landscape
• Others
Global Drip Irrigation Market, byCrop Type
• Field Crops
• Fruits & Nuts
• Vegetable Crops
• Others
Global Drip Irrigation Market, byRegion
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Global Drip Irrigation Market KeyPlayers
• EPC Industries Limited
• Driptech Incorporated
• Microjet Irrigation Systems
• Rain Bird Corporation
• Rivulus Irrigation
• Netafim limited
• Jain Irrigation System Limited
• Lidsay Corporation
• The Toro Company
• Eurodrip S.A
• Valmont Industries
• T-L Irrigation Company
• Reinke Manufacturing Company,Inc.
• ELGO Irrigation Limited
• Hunter Industries Inc.
• Lindsay Corporation
For More Information Vist : https://www.maximizemarketresearch.com/market-report/global-drip-irrigation-market/23926/
Report Is Submitted By : MaximizeMarket Research Company
Customization of the report:
Maximize Market Research of reportsas per your demand. This report can be personalized to meet your requirements.Get in touch with us and our sales team will guarantee provide you to get areport that suits your necessities.
About Maximize Market Research:
Maximize Market Research providesB2B and B2C research on 20,000 high growth emerging opportunities &technologies as well as threats to the companies across the Healthcare,Pharmaceuticals, Electronics & Communications, Internet of Things, Food andBeverages, Aerospace and Defense and other manufacturing sectors.
