Global Drip Irrigation Market to Witness a Pronounce Growth During 2025
Drip irrigation is a type of irrigation that enables the saving of water and nutrients by allowing the flow of water to the roots, either from below or above the ground. The emitters used in drip irrigation distribute the water from the drip pipes direly into the roots through a release device. Drip irrigation system, with proper installation and management can help in substantial conservation of water, by controlling evaporation and drainage. Furthermore, drip irrigation has the advantage of being effective in all soil types and is also helpful in eliminating diseases spread through irrigation water. Drip irrigation is considered to be an efficient method of irrigation, as it requires less amount of water and wets only the required area. Moreover, the drip system is also helpful in providing organic matter and nutrients to the plants through the drip pipes.
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The efficiency of drip irrigation in providing higher yield with limited resources has propelled the demand in the recent years. Moreover, government initiatives of providing subsidies for drip irrigation, is further boosting growth of the global drip irrigation market. Furthermore, the use of drip irrigation also helps control soil erosion. 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 are very rapid in a greenhouse, causing excessive water loss, which is capable of damaging the plants. Therefore drip irrigation is essential for water retention in a green house. Certain specially designed products for use in a greenhouse drip irrigation system are overhead spray, greenhouse timers, and container spray. Among application, the agricultural irrigation segment is the most commonly used application, followed by greenhouse irrigation.
Drip Irrigation Market Outlook:
Owing to the incentives and subsidies provided by the government, the Asia Pacific market is anticipated to grow at a substantial rate during the forecast period. Moreover, benefits of using drip irrigation such as high yield and low wastage of water are further fueling demand for this type of irrigation 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 European region is expected to augment growth over the forecast period. Reduction in arable land, water scarcity due to industrialization, and increasing population in Europe, has increased its dependency on drip irrigation. Moreover, the 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 the arid regions. Moreover, the increased greenhouse irrigation in the countries such as Egypt and Qatar has further augmented the demand of drip irrigation. Furthermore, the growing encouragement of the government to use drip irrigation in the MENA region has propelled the demand of drip irrigation.
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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.
Some of the major players in the drip irrigation market are 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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