Report : North America Drip Irrigation Market Forecast to 2028 – COVID-19 Impact and Regional 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)
At 13.5% CAGR, the North America Drip Irrigation Market is speculated to be worth US$ 5,616.72 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the North America drip irrigation market was valued at US$ 2,625.08 million in 2022 and is expected to reach US$ 5,616.72 million by 2028, registering an annual growth rate of 13.5% from 2022 to 2028. Growing adoption of micro-irrigation for production of various crops and solar-powered drip irrigation systems are the critical factors attributed to the market expansion.
Micro-irrigation is the application of continuous drips or tiny streams of water on the soil's surface. Micro-irrigation is the most efficient water application method for crops, and its demand from global large-scale irrigation communities is increasing. Rising concerns regarding food security and water scarcity have increased the demand for micro-irrigation systems from various crop growers. Root zone irrigation is driving the micro-irrigation growth for row crops and orchard crops cultivation. Furthermore, the water is directly applied to the root zone to minimize the losses due to evaporation and percolation. Micro-sprinkler irrigation allows water to infiltrate orchard soils in a wetted profile throughout the orchard block. It reduces the water usage on orchards by 30% compared to other gated pipe and furrow irrigation methodologies. An international water expert designed N-Drip, a unique gravity-powered micro-irrigation system, to assist farmers who cannot afford the high operating expenses of drip irrigation. N-Drip drippers are currently manufactured in Northern Israel. As flood irrigation results in 50-60% of water wastage through evaporation and stresses the crops, N-Drip overcomes this challenge by reducing water usage by half or more while increasing yield by ~40%. Growing demands for a zero-carbon, technologically advanced micro-irrigation system that works well in farms of every size and can be installed using the existing field infrastructure is driving the growth of the drip irrigation market.
On the contrary, soil salinity and clogging hurdles the growth of North America drip irrigation market.
Based on component, the North America drip irrigation market is segmented into emitters, drip tubes/drip lines, filters, valves, pressure pumps, and others. The emitters segment held 32.0% market share in 2022, amassing US$ 838.77 million. It is projected to garner US$ 2,365.76 million by 2028 to expand at 18.9% CAGR during 2022–2028.
Based on emitter, the North America drip irrigation market is bifurcated into inline and online. The online segment held 55.3% market share in 2022, amassing US$ 1,452.52 million. It is projected to garner US$ 3,726.74 million by 2028 to expand at 17.0% CAGR during 2022–2028.
Based on application, the North America drip irrigation market is segmented into agriculture, green house, and others. The agriculture segment held 51.8% market share in 2022, amassing US$ 1,359.19 million. It is projected to garner US$ 3,800.51 million by 2028 to expand at 18.7% CAGR during 2022–2028.
Based on type, the North America drip irrigation market is segmented into surface and subsurface. The subsurface segment held 73.8% market share in 2022, amassing US$ 1,938.24 million. It is projected to garner US$ 4,816.39 million by 2028 to expand at 16.4% CAGR during 2022–2028.
Based on country, the North America drip irrigation market is segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 53.2% market share in 2022. It was assessed at US$ 1,397.20 million in 2022 and is likely to hit US$ 3,693.55 million by 2028, exhibiting a CAGR of 17.6% during the forecast period.
Key players dominating the North America drip irrigation market are 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 among others.
- In 2020, Hunter has formed partnership with POGO, turfgrass technology solutions provider.
- In Mar 2022, Lindsay has launched FieldNet with water trend to provide insights on crop water usage and effective irrigation decision making.
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