Asia Pacific Drip Irrigation Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis – by Component (Emitters, Drip Tubes/Drip Lines, Filters, Valves, Pressure Pumps, and Others), Emitter Type (Inline and Online), Application (Agriculture, Green House, and Others), and Type (Surface and Subsurface) 


No. of Pages: 131    |    Report Code: BMIRE00026045    |    Category: Manufacturing and Construction

Asia Pacific Drip Irrigation Market
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The APAC drip irrigation market is expected to grow from US$ 3,472.43 million in 2022 to US$ 7,661.88 million by 2028; it is estimated to grow at a CAGR of 14.1% from 2022 to 2028.

 

Micro-irrigation equipment and technologies are unaffordable for many small and marginal farmers. Hence, the Government of India (GoI) decided to provide financial assistance to farmers and initiated an awareness campaign to encourage a maximum number of farmers to switch to drip and sprinkler irrigation methods. In September 2021, the Government of Madhya Pradesh, India, announced to offer agricultural irrigation equipment to the farmers on a subsidized basis under the Pradhan Mantri Krishi Sinchai Yojana. Subsidies were made available for the Kisan drip system mini, micro-sprinkler set, and portable sprinkler set under the plan. In November 2021, the Government of Maharashtra, India, decided to increase subsidies to promote micro-irrigation schemes. Netafim—an irrigation equipment manufacturer—offers micro-irrigation subsidy support to farmers through Netafim Agricultural Financing Agency (NAFA), a non-banking finance company that provides customized financial solutions to boost the micro-irrigation ecosystem in India. Collaborative public-private stakeholder actions address the challenges of creating necessary drip irrigation ecosystems. Moreover, governments are delivering infrastructure, incentives, and innovative policies to provide the growth capital, which is driving the drip irrigation market.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC drip irrigation market. The APAC drip irrigation market is expected to grow at a good CAGR during the forecast period.   

 

APAC Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)  

APAC Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)  
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Asia Pacific Drip Irrigation Strategic Insights

Strategic insights for the Asia Pacific Drip Irrigation provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Drip Irrigation Report Scope

Report Attribute Details
Market size in 2022 US$ 3,472.43 Million
Market Size by 2028 US$ 7,661.88 Million
Global CAGR (2022 - 2028) 14.1%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Component
  • Emitters
  • Drip Tubes/Drip Lines
  • Filters
  • Valves
  • Pressure Pumps
By Emitter Type
  • Inline
  • Online
By Application
  • Agriculture
  • Green House
By Type
  • Surface
  • Subsurface
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Chinadrip Irrigation Equipment Co., Ltd.
  • Hunter Industries
  • IRRITEC S.P.A.
  • Jain Irrigation Systems Ltd.
  • Lindsay Corporation
  • Microjet
  • Netafim
  • Rain Bird Corporation
  • Rivulis
  • The Toro Company
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    Asia Pacific Drip Irrigation Regional Insights

    The geographic scope of the Asia Pacific Drip Irrigation refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    APAC Drip Irrigation Market Segmentation           

     

    The APAC drip irrigation market is segmented based on component, emitter, application, type and country. Based on component, the market is segmented emitters, drip tubes/drip lines, filters, valves, pressure pumps, and others. The emitters segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on emitter, the market is segmented into inline and online. The online segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on application, the market is segmented into agriculture, green house, and others. The agriculture segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on type, the market is segmented into surface and subsurface. The subsurface segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on country, the APAC drip irrigation market is segmented into Australia, China, India, Japan, South Korea, and the Rest of APAC.     

     

    Chinadrip Irrigation Equipment Co., Ltd.; Hunter Industries; IRRITEC S.P.A.; Jain Irrigation Systems Ltd.; Lindsay Corporation; Microjet; Netafim; Rain Bird Corporation; Rivulis; and The Toro Company are among the leading companies in the APAC drip irrigation market. 

    The List of Companies - Asia Pacific Drip Irrigation Market

    1. Chinadrip Irrigation Equipment Co., Ltd. 
    2. Hunter Industries
    3. IRRITEC S.P.A.
    4. Jain Irrigation Systems Ltd.
    5. Lindsay Corporation
    6. Microjet
    7. Netafim
    8. Rain Bird Corporation
    9. Rivulis
    10. The Toro Company
    Frequently Asked Questions
    How big is the Asia Pacific Drip Irrigation Market?

    The Asia Pacific Drip Irrigation Market is valued at US$ 3,472.43 Million in 2022, it is projected to reach US$ 7,661.88 Million by 2028.

    What is the CAGR for Asia Pacific Drip Irrigation Market by (2022 - 2028)?

    As per our report Asia Pacific Drip Irrigation Market, the market size is valued at US$ 3,472.43 Million in 2022, projecting it to reach US$ 7,661.88 Million by 2028. This translates to a CAGR of approximately 14.1% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Drip Irrigation Market report typically cover these key segments-

    • Component (Emitters, Drip Tubes/Drip Lines, Filters, Valves, Pressure Pumps)
    • Emitter Type (Inline, Online)
    • Application (Agriculture, Green House)
    • Type (Surface, Subsurface)

    What is the historic period, base year, and forecast period taken for Asia Pacific Drip Irrigation Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Drip Irrigation Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Asia Pacific Drip Irrigation Market?

    The Asia Pacific Drip Irrigation Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Chinadrip Irrigation Equipment Co., Ltd.
  • Hunter Industries
  • IRRITEC S.P.A.
  • Jain Irrigation Systems Ltd.
  • Lindsay Corporation
  • Microjet
  • Netafim
  • Rain Bird Corporation
  • Rivulis
  • The Toro Company
  • Who should buy this report?

    The Asia Pacific Drip Irrigation Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Drip Irrigation Market value chain can benefit from the information contained in a comprehensive market report.

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