Global Drip Irrigation System Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Drip Irrigation System market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region.
The global drip irrigation system market size was US$ 6.3 billion in 2021. The global drip irrigation system market is forecast to grow to US$ 12.23 billion by 2030 by growing at a compound annual growth rate (CAGR) of 11.1% during the forecast period from 2022 to 2030.
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The research serves as a manual and road map for doing an exhaustive investigation of the worldwide Drip Irrigation System, target market, rivalry, and other factors. The Drip Irrigation System market offers a quantitative analysis of the relevant industry. Quantitative research is data-driven and looks for pertinent patterns in data acquired from public records.
Factors Influencing the Market
The main driver of the drip irrigation systems market is a growing population combined with the growing global food demand. Drip irrigation systems ensure good agricultural growth and increased yield by supplying a sufficient amount of water on a regular basis. The ability to grow crops all year will be the powerful driver of the drip irrigation system market during the forecast period.
The growing number of agricultural practices to cater to the demands of the rapidly growing population will also escalate the growth of the drip irrigation system market during the forecast period.
The rising demand for sustainable farming practices will contribute to the growth of the global drip irrigation system market. In addition, rising environmental concerns in order to encourage farmers on adopting sustainable farming practices, like natural resource conservation, will escalate the growth of the global drip irrigation system market during the study period. On the contrary, high initial cost and limited awareness about drip irrigation practices may limit the growth of the market during the study period.
COVID-19 Impact Analysis
The COVID-19 pandemic has had a significant global impact on every industrial vertical. Despite difficult circumstances, drip irrigation companies around the world have continued to operate. However, there have been a number of shocks affecting service delivery, including fiscal constraints, disruptions in supply chains due to travel restrictions, and a labor shortage. Moreover, the market is forecast to experience ample growth opportunities due to the growing government support for the agriculture sector. Thus, it will benefit the global drip irrigation system market post-pandemic.
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Regional Analysis
The Asia-Pacific drip irrigation system market is forecast to witness ample growth opportunities due to the presence of highly populous countries like India and China. Furthermore, authorities across the region are investing substantially to promote protected cultivation. As a result, it will continue to drive the drip irrigation system market forward. The decreased interest loans and incentives for the introduction of modern and advanced micro-irrigation systems will also benefit the drip irrigation system market. Furthermore, the rising number of agricultural activities, combined with the technological advancements and reduced labor levels, will benefit the Asia-Pacific drip irrigation system market in the coming years.
Competitors in the Market
? The Toro Company
? Netafim Ltd
? Jain Irrigation Systems Ltd
? Nelson Irrigation
? Lindsay Corporation
? Rain Bird Corporation
? Valmont Industries, Inc.
? Rivulis Irrigation
? EPC Industries Limited
? Irritec S.p. A
? Other Prominent Players
Market Segmentation
The global drip irrigation system market segmentation focuses on Dripper, End-User, and Region.
By Dripper Type
? Inline
? Online
By End-User
? Vegetables
? Flowers & Ornamentals
? Fruit Plants
? Nursery Crops
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By Regional Outlook
�?� North America
o The U.S.
o Canada
o Mexico
�?� Europe
Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
�?� Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
�?� Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
�?� South America
o Brazil
o Argentina
o Rest of South America
This report answers the following key questions:
- How big is the market as a whole in 2021? What rate of market expansion is anticipated between 2022 to 2030?
- Which region would experience a high demand for goods in the years to come?
- What are the variables promoting the market’s expansion?
- Which sub-market will have the most impact on the market?
- What market opportunities exist for established and new players?
- What different short-term and long-term tactics have the market players adopted?
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