The North America drip irrigation market is expected to grow from US$ 2,625.08 million in 2022 to US$ 5,616.72 million by 2028; it is estimated to grow at a CAGR of 13.5% from 2022 to 2028.
Photovoltaic or solar-powered drip irrigation (PVDI) comprises a photovoltaic (PV) panel or a solar generator, soil moisture sensors, and a solar-powered water pump. The pump is equipped with solar cells powered by the sun’s energy that supplies water to crops. Solar-powered pumps are easy to install and maintain, which is propelling their rapid growth across the region. With the price of solar photovoltaic (PV) panels plummeting over the last decade, solar water pumps and drip irrigation systems are used widely among small-scale farmers. This creates a huge opportunity for rural off-grid farms to expand crop production. Many drip irrigation companies are leveraging the benefits of the Internet of Things (IoT) to improve agricultural production and the lives of farmers. Market players are leveraging solar-powered drip irrigation as a strategy for enhancing food security. Growing demands for such cost-effective, simple configuration, lightweight, and environment-friendly technologies are anticipated to propel the drip irrigation market growth in the coming years.
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 North America drip irrigation market. The North America drip irrigation market is expected to grow at a good CAGR during the forecast period.
North America Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)
North America Drip Irrigation Market Segmentation
The North America drip irrigation market is segmented based on component, emitter, application, type and country. Based on component, the market is segmented into 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 North America drip irrigation market is segmented into the US, Canada, and Mexico.
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 North America drip irrigation market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 2,625.08 Million |
| Market Size by 2028 | US$ 5,616.72 Million |
| CAGR (2022 - 2028) | 13.5% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Component
|
|
Regions and Countries Covered
|
|
| North America | US, Canada, Mexico |
| Market leaders and key company profiles |
|
The North America Drip Irrigation Market is valued at US$ 2,625.08 Million in 2022, it is projected to reach US$ 5,616.72 Million by 2028.
As per our report North America Drip Irrigation Market, the market size is valued at US$ 2,625.08 Million in 2022, projecting it to reach US$ 5,616.72 Million by 2028. This translates to a CAGR of approximately 13.5% during the forecast period.
The North America Drip Irrigation Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Drip Irrigation Market report:
The North America Drip Irrigation Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Drip Irrigation Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Drip Irrigation Market value chain can benefit from the information contained in a comprehensive market report.
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