The Global Drip Irrigation Market is estimated to exhibit a CAGR of 9.80% during the forecast period of 2021-2028. Rising adoption of greenhouse agriculture and rising need to withdraw water for agricultural purposes also drive the growth of drip irrigation market.
However, high initial investment associated with drip irrigation system and unwillingness to shift from unconventional and traditional farming will restrict the scope of growth for the market.
According to Data Bridge Market Research, the drip irrigation market will exhibit a significant rise in its market value. Rising environmental concerns is the root cause for the unprecedented growth of drip irrigation market. Rising technological innovations in farming practices, technology and equipment has induced the growth of drip irrigation market.
Currently, Asia-Pacific dominates the global drip irrigation market in terms of market share and market revenue. Adoption of modern irrigation technologies and methods is responsible for the growth of drip irrigation market in this region. Ever-rising population and rising demand for food consumption are some other indirect market growth determinants.
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The global drip irrigation market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Key Market Competitors Covered in Drip Irrigation Market report
Above are the key players covered in the report, to know about more and exhaustive list of drip irrigation market companies contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-drip-irrigation-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Drip Irrigation Market - Industry Trends and Forecast to 2028