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Drip Irrigation Market

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The drip irrigation market in Europe is expected to gain significant traction over the forecast period, owing to reduction in arable land, water scarcity due to industrialization, and increasing population in Europe.
Drip Irrigation Market - Global Industry Insights,
Trends, Outlook, and Opportunity Analysis,
2018-2026
Drip irrigation system allows controlled use of water, where water is slowly delivered
to the root system of plants. Using this method water is either dripped onto the soil
surface above the roots or directly to the root zone. This method aims to reduce
water evaporation. Drip irrigation system, with proper installation and management
can help in substantial conservation of water by controlling evaporation and
drainage. It can be used effectively for all soil types and it can control soil erosion.
Moreover, the drip system is also helpful in providing organic matter and nutrients to
the plants through the drip pipes.
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It is most efficient method of irrigation, as it requires less amount of water and wets
only the required area. This system has potential to provide high yield with limited
resources, which has propelled its demand for agricultural use. Furthermore,
government initiatives of providing subsidies for drip irrigation is major factor
boosting growth of the global drip irrigation market. However, the high installation
cost of drip irrigation system is expected to be the major restraining factor for growth
of the market.
The transpiration and evaporation effects in a greenhouse lead to excessive water
loss, which damage the plants. Among application, the agricultural irrigation segment
is the most commonly used application, followed by greenhouse irrigation. Drip
irrigation can be used for water retention in a green house. Specially designed
products for use in a greenhouse drip irrigation system include overhead spray,
greenhouse timers, and container spray.
Drip Irrigation Market Outlook:
Asia Pacific market is anticipated to grow at a substantial rate over the forecast
period, owing to incentives and subsidies provided by the government. Moreover,
advantages associated with use of drip irrigation such as high yield and low wastage
of water are fueling growth of the market in emerging economies such as China and
India. Furthermore, the restriction on soil erosion and easy fertilization are major
factors driving growth of the drip irrigation market. The Department of Agriculture and
Farmers Welfare in India under the Accelerated Irrigation Benefit Programme (AIBP)
of Ministry of Water Resources (MOWR) has proposed a scheme of approximately
153 Million US$ for the period of 2015 -2016.
The drip irrigation market in Europe is expected to gain significant traction over the
forecast period, owing to reduction in arable land, water scarcity due to
industrialization, and increasing population in Europe. Moreover, government is
encouraging high crop production with limited resources through drip irrigation. In
2016, EU and Eritrea has signed a deal of US$ 22.24 million for Drip Irrigation
Systems Supply and Installation Deal.
Drip irrigation is also expected to have high demand in the Middle East and North
African region (MENA), owing to the need for water management in arid regions.
Moreover, increased greenhouse irrigation in Egypt and Qatar has further
augmented the growth of drip irrigation market.
Major players are adopting various inorganic growth strategies in order to enhance
their footprint in the market. For instance, Rivulis Irrigation Ltd. of Israel merged with
Eurodrip S.A. of Greece in 2017. Major players operating in drip irrigation market
include Rain Bird Corporation, Netafim limited, Lindsay Corporation, S.A, Driptech
Incorporated, Microjet Irrigation System, Rivulus Irrigation, Toro Company, EPC
Industries LTD, and Eurodrip.
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Author
apeksha motghare
apeksha motghare533   documents Email
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