The initial investment costs are high, which makes it uneconomical for low-value crops to use drip irrigation systems. High initial cost of large-scale drip irrigation systems In addition, government policies to provide drip irrigation subsidies are a major factor driving the development of the global demand for drip irrigation. His system has the ability to provide scarce capital with high yields, which has propelled his demand for agricultural use. In addition, it is anticipated that these systems would raise profits produced per yield. Some of the factors that increase the demand for automatic drip irrigation systems are successful time management, elimination of human errors in terms of calculation, and adjustment of available soil moisture levels. An easy, meticulous method for managing soil moisture and applying water is given by complete automation of drip irrigation systems. In order to influence soil moisture, automatic drip irrigation is necessary, especially in the case of specialized greenhouse vegetables. Rapid Growth in green house vegetable production Market growth has also been fuelled by the rising prices of field crops. For growing vegetables, orchard crops, and turf & lawns, drip irrigation proved to be profitable however, its use in field crops such as maize, sugarcane, and cotton has also been profitable in the last decade. For its precise application to crops, drip irrigation has gained significance among field crop growers and thus provides increased benefits such as lower prices, higher profit margins, and lower requirements for water and fertiliser. The vegetable crops segment held the largest share of the market accounting for 30.5% of the overall revenue in 2019 of Drip Irrigations. Vegetable Crops segment to grow with the highest CAGR during 2020-30ĭrip Irrigation Market is segmented by Crop Type as Field Crops, Fruits & Nuts, Vegetable Crops and Other. End users of inline emitters have important labour savings as emitters are pre-installed.
Inline emitters are usually used for row crops or field plants that provides maximum clogging strength and are suitable for surface irrigation and subsurface irrigation. Inline emitters are present with equal spacing within the laterals which are flat boat-shaped, cylindrical or connected to the lateral inner wall. The function of emitters is to discharge water at a determined pace and avoid clogging. The emitter segment is growing rapidly in the drip irrigation market with the highest CAGR of 8.5% in the forecast period. Insecticides based Drip Irrigation, led the market in 2018, accounting for XX.X% of market share. The global market will be equipped with minimal water use efficiency in drought-prone areas and government programs towards sustainable development goals.ĭrip tubes/drip lines segment to grow with the highest CAGR during 2020-30ĭrip Irrigation Market is segmented by component into emitters, drip tubes/drip lines, filters and valves among others. In addition, the growing need to conserve water, especially in arid areas, will further drive market growth over the forecast period. Due to factors such as rising population, increasing global food demand and increasing population size, limited arable, especially in emerging countries of the Asia Pacific and Latin America region, the global market for drip irrigation systems will increase during the forecast period. In addition, the drip system also helps to provide the plants with organic matter and nutrients through the drip pipes.ĭrip Irrigation Market is expected to project a notable CAGR of 10.5% in 2030.ĭrip Irrigation Market to surpass USD 10.7 billion by 2030 from USD 5.8 billion in 2019 at a CAGR of 10.5% throughout the forecast period, i.e., 2020-30.
For all soil forms, it can be used effectively and it can manage soil erosion. With proper installation and maintenance, the drip irrigation system will contribute to significant water conservation by managing evaporation and drainage. This technique seeks to reduce the evaporation of water. New York, J(GLOBE NEWSWIRE) - announces the release of the report "Electric Motor Market: Market Segments: By Motor Type By Power Output By Speed By Application and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030".
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