Global Drip Irrigation Market Outlook for 2023-28
Markntel Advisors has conducted a comprehensive study on the Global Drip Irrigation Market is projected to grow at a CAGR of 11.36% during the forecast period, 2023-2028, owing to the growing initiatives & programs by governments of different countries, shifting the focus of the farmers to make higher profits by utilizing their 100% of farms. For instance, in 2022, Andhra Pradesh, India announced to spend approximately USD181 million to provide drip irrigation facilities on 3.75 lakh acres of agricultural land in the state.
In addition, the Global Drip Irrigation Market Study highlights the impact of domestic and localized market players, emerging revenue opportunities, strategic market growth analysis, product approvals, product launches, geographic expansions, and technological innovations. The objective of the report is to provide a detailed understanding of the industry, including its features, factors, and elements, along with insights into the regulatory scenario & regional dynamics that may impact market growth.
GET PDF SAMPLE REPORT- https://www.marknteladvisors.com/query/request-sample/global-drip-irrigation-market.html
Key Driver: Pressing Need for Water Conserving Technologies in Agriculture to Rise the Market Growth
According to the World Bank, 70% of global water reserves are used for agriculture, while 60% is wasted, thus highlighting the need for water-saving technologies in agriculture. Furthermore, agricultural products are a necessity for the survival of the human population, hence the demand for water-conserving technologies for irrigation purposes enhanced significantly across the globe.
Moreover, there are numerous benefits associated with the use of drip irrigation systems, such as reduction in weed growth & soil erosion & providing proper field leveling, which resulted in escalating the demand for drip irrigation systems across the globe.
Global Drip Irrigation Industry Breakdown: Key Revenue Generating Segments
To facilitate focused analysis, the Drip Irrigation Market has been divided into different segments, providing shareholders with the opportunity to identify their areas of interest and the most profitable opportunities within the market. By incorporating technical trends, comprehensive analysis of the downstream & upstream value chain, as well as Porter's five forces analysis, we have diligently forecasted the industry landscape for specific regions/countries, presenting critical pointers for informed decision-making. The segments are as follows:
-By Component
-Emitters/Drippers
-Pressure Pumps
-Drip Tubes/Drip Lines
-Valves
-Filters
-Fittings & Accessories
-By Crop Type
-Field Crops
-Fruits & Nuts
-Vegetable Crops
-Other Crops (turf, ornamental, and spice crops)
-By Application
-Agriculture
-Landscape
-Greenhouse
-By Emitter Type
-Inline
-Online
-By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
Each sections offer valuable insights into the Drip Irrigation Market. The report includes essential pillars of the industry study, such as drivers, restraints, opportunities, and challenges. The report also provides information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, and technological advancements, potential for improvement, applications, among others.
Get Full Report – https://www.marknteladvisors.com/research-library/global-drip-irrigation-market.html
Competitive Analysis of the Global Drip Irrigation Industry
-EPC Industries Limited
-Driptech Incorporated
-Microjet Irrigation Systems
-Rain Bird Corporation
-Rivulus Irrigation
-Netafim limited
-Jain Irrigation System Limited
-Lidsay Corporation
-The Toro Company
-Valmont Industries
-T-L Irrigation Company
-Reinke Manufacturing Company, Inc.
-ELGO Irrigation Limited
-Hunter Industries Inc.
Request Customization of this report -https://www.marknteladvisors.com/query/request-customization/global-drip-irrigation-market.html
Global Drip Irrigation Market Research Report Answers the Following Key Questions
- How big is the Global Drip Irrigation Market?
- What is the projected growth rate or CAGR of the Global Drip Irrigation Market during 2022-27?
- What are the key trends or growth opportunities for the key players in the Global Drip Irrigation Market?
- Which ‘segment’ seems promising for companies operating in the Global Drip Irrigation Market?
Note: Markntel Advisors provides personalized reports tailored to the specific needs and preferences of clients. For further information or inquiries regarding customized reports, please get in touch with the sales team, who will assist you in your purchase and address any queries you may have.
About Us
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfil their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
Thank you for reading our report. If you have any further inquiries, kindly get in touch with us so that we may send you the most appropriate report.
Contact us today!
Email: sales@marknteladvisors.com
Phone: +1 628 895 8081 +91 120 4268433,
Address: 5214F Diamond Heights Blvd #3092,
San Francisco, CA 94131
United States
0 Comments