The growth of the drip irrigation market is ascribed to several benefits of drip irrigation, such as increased plant productivity and improved quality, disease prevention by minimizing water contact with the leaves, reduced weed growth, and decreased labor requirements. Moreover, emitters are a crucial component of drip irrigation systems as they release the water from the drip tubing. The availability of drip tubing and emitters in various types and diameters is bolstering the growth of the segment. Purpose-built emitters are spaced evenly for row crops or intermittently for trees, shrubs, and perennials. Emitters are designed for a flow rate of 1 Gallon per minute and are widely used for maximum efficiency. Drip irrigation systems provide uninterrupted service as small amounts of water are applied at reduced intervals, either once or twice a day.
Netafim, Jain irrigation, Lindsay Corp, Rain Bird Industries and Hunter industries – Prominent Market Participants in Drip Irrigation Market
Farmers and crop growers prefer modern drip irrigation systems that deliver a higher return on investment (ROI) than other irrigation methods. Using technologically advanced drip irrigation systems ensures efficient and simple operation, higher consistent quality yields, 100% land utilization, and huge water and energy savings. Netafim, a global leader in smart irrigation solutions, estimates that there will be a global population of 10 billion people and 20% less arable land per person by 2050. Increasing water scarcity and growing requirements for agricultural productivity and resource efficiency are boosting the demand for drip irrigation systems. These systems allow farmers to produce more calories per hectare.
Netafim, Jain irrigation, Lindsay Corp, Rain Bird Industries and Hunter industries are the five key market players operating in the global drip irrigation market. The drip irrigation market is highly fragmented and competitive due to occurrence of huge number of small scale and medium scale manufacturers in both developed and developing economies. The top 5 market players are majorly focusing on various organic and inorganic growth strategies to survive in the drip irrigation market. Such as, innovation of new technologies to offer enhanced product portfolios to the customers, merger and acquisitions, and expansion strategies.
Most of the market initiatives were observed in the Europe and North America regions, which have a high potential of drip irrigation providers. Few of the important market initiatives and product developments from the industry are mentioned below:
| Year | News | Region |
| 2022 | Irritec have entered into strategic and commercial agreement for the development and international dissemination of a model of interconnected and sustainable agriculture. | Europe |
| 2021 | Rain Bird had launched a free mobile app for landscape contractors and irrigation professionals to provide them with the required information they need anytime. | North America |
