Need for ensuring food safety fuels the Drip Irrigation Market
Market overview:
The Drip Irrigation Market was assessed to be 5.5 billion US dollars in the year 2021, and it is likely to reach over 9.3 billion US dollars by 2026 at a CAGR of 10.8% during the envisioned period.

Market Drivers and Restraints:
Factors such as increasing government initiatives, water conservation activities and enhancement of products are some of the major drivers that propels the growth of the market of Drip Irrigation across the globe. Also, increasing adoption of precision agriculture and sustainable agricultural practices is acting as a driving factor to the growth of the Drip Irrigation market. However, high initial cost of large-scale drip irrigation systems and soil sanity hazards and bio clogging in drip irrigation systems are some of the major restraints that is affecting the expansion of the market of Drip Irrigation in terms of revenue rate.

To know more read:
https://www.marketdataforecast.com/market-reports/drip-irrigation-market

Report is segmented as:
The Drip Irrigation market is segmented based on component, crop type, application and emitter type. By component, the global Drip Irrigation market is segmented into emitters, pressure pumps, drip tubes, valves, filters, fittings & accessories. By crop type, the market of Drip Irrigation is divided into field crops, fruits & nuts, vegetable crops, turf, ornamental, spice crops. By application, the Drip Irrigation market is bifurcated into surface and sub surface. By emitter type, the Drip Irrigation business is bifurcated into inline and online.

Geographical Segmentation:
Asia Pacific holds the major share of the market of Drip Irrigation as this region is marking a dramatic shift from the installation of basic irrigation facilities to the adoption of precision irrigation systems. North America is also expected to record an increase in the market value due to increasing initiatives taken up by the government in this locale.

Impact of COVID-19 on Drip Irrigation Market
The coronavirus pandemic is estimated to have a strong impact on the growth prospects of the Drip Irrigation market, especially in the first half of the forecast period. Almost all the companies halted their production units due to the strict regulations imposed by the government, because of that all the companies faced financial crisis. As per the analysis, the companies related to the Drip Irrigation business are anticipated to record an increase in their business within the next few months as the situation around the world has become normal.

Key market players:
Major international players in the global Drip Irrigation market include Netafim Limited (Israel), Rain Bird Corporation (US), KSNM Drip (India), Sistema Azud (Italy), Metzer Group (Israel), Grupo Chamartin Chamsa (Italy), Chinadrip Irrigation Equipment Co. Ltd. (China), AIN Irrigation Systems Ltd. (India), Lindsay Corporation (US), The Toro Company (US), Elgo Irrigation Ltd. (Israel), Shanghai Huawei Water Saving Irrigation Corp. (China), Antelco Pty Ltd. (Australia), EPC Industries (India), Microjet Irrigation (South Africa) and Dripworks Inc. (US).

View sample and decide:
https://www.marketdataforecast.com/market-reports/drip-irrigation-market/request-sample

Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:
Contact Us:
Market Data Forecast
Email: [email protected]
Tel: +1-888-702-9626
Website: https://www.marketdataforecast.com/