Global Drip Irrigation Market
Drip Irrigation Market Size And Forecast
According to Verified Market Research, The Global Drip Irrigation Market was valued at USD 4.69 billion in 2019 and is projected to reach USD 10.77 billion by 2027, growing at a CAGR of 11.80% from 2020 to 2027.
Global Drip Irrigation Market Outlook
The global market for drip irrigation systems is going to increase during to forecast period owing to factors such as growing population, increasing global food demand and growing population size, limited arable especially in emerging nations of the Asia Pacific and Latin America region. Moreover, the rising need to conserve water, especially in arid areas, would further propel the growth of the market over the forecast period.
Global Drip Irrigation Market, Segment Analysis
The Global Drip Irrigation Market is segmented on the basis of Type, Component, and Geography.
Global Drip Irrigation Market, Competitive Landscape
The Global Drip Irrigation market is highly fragmented with the presence of a large number of manufacturers globally. Some of the major players include The Toro Company, Lindsay Corporation, Netafim Ltd, Hunter Industries, Rain Bird Corporation, and Shanghai Irrist Corp., Ltd.
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