Asia Pacific Drip Irrigation Market Forecast to 2028 – COVID

Asia Pacific 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)

Report Code : BMIRE00026045 | Region : Asia Pacific | Industry : Manufacturing and Construction | Published Date : 19/Sep/2022

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 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.

At 14.1% CAGR, the APAC Drip Irrigation Market is speculated to be worth US$ 7,661.88 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the APAC drip irrigation market was valued at US$ 3,472.43 million in 2022 and is expected to reach US$ 7,661.88 million by 2028, registering an annual growth rate of 14.1% from 2022 to 2028. Solar-powered drip irrigation systems and government programs and subsidies to promote drip irrigation systems deployments are the critical factors attributed to the market expansion.

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.

On the contrary, soil salinity and clogging hurdles the growth of APAC drip irrigation market.

Based on component, the APAC drip irrigation market is segmented into emitters, drip tubes/drip lines, filters, valves, pressure pumps, and others. The emitters segment held 17.6% market share in 2022, amassing US$ 612.11 million. It is projected to garner US$ 915.47 million by 2028 to expand at 6.9% CAGR during 2022–2028.

Based on emitter, the APAC drip irrigation market is bifurcated into inline and online. The online segment held 53.1% market share in 2022, amassing US$ 1,845.48 million. It is projected to garner US$ 4,946.46 million by 2028 to expand at 17.9% CAGR during 2022–2028.

Based on application, the APAC drip irrigation market is segmented into agriculture, green house, and others. The agriculture segment held 40.7% market share in 2022, amassing US$ 1,414.66 million. It is projected to garner US$ 3,823.20 million by 2028 to expand at 18.0% CAGR during 2022–2028.

Based on type, the APAC drip irrigation market is segmented into surface and subsurface. The subsurface segment held 73.8% market share in 2022, amassing US$ 1,882.59 million. It is projected to garner US$ 4,645.18 million by 2028 to expand at 16.2% CAGR during 2022–2028.

Based on country, the APAC drip irrigation market is segmented into Australia, China, India, Japan, South Korea, and Rest of APAC. Our regional analysis states that China captured 34.9% market share in 2022. It was assessed at US$ 1,211.32 million in 2022 and is likely to hit US$ 3,234.53 million by 2028, exhibiting a CAGR of 17.8% during the forecast period.

Key players dominating the APAC 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 2021, Netafim has launched AlphaDisc filter. This filter provides protection against organic contaminants in water thereby enhancing the crop productivity. In Mar 2022, Lindsay has launched FieldNet with water trend to provide insights on crop water usage and effective irrigation decision making.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Drip Irrigation Market – By Component

1.3.2 APAC Drip Irrigation Market – By Emitter

1.3.3 APAC Drip Irrigation Market – By Application

1.3.4 APAC Drip Irrigation Market – By Type

1.3.5 APAC Drip Irrigation Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Drip Irrigation Market Landscape

4.1 Market Overview

4.2 APAC PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. APAC Drip Irrigation Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Adoption of Micro-Irrigation for Production of Various Crops

5.1.2 Government Programs and Subsidies to Promote Drip Irrigation Systems Deployments

5.2 Market Restraints

5.2.1 Soil Salinity and Clogging

5.3 Market Opportunities

5.3.1 Sustainable Drip Irrigation to Boost Growth Opportunities

5.4 Future Trends

5.4.1 Solar-powered Drip Irrigation Systems

5.5 Impact Analysis of Drivers and Restraints

6. Drip Irrigation Market – APAC Market Analysis

6.1 Drip Irrigation Market Overview

6.2 APAC Drip Irrigation Market Forecast and Analysis

7. APAC Drip Irrigation Market Revenue and Forecast to 2028 – Component

7.1 Overview

7.2 APAC Drip Irrigation Market, by Component (2021 and 2028)

7.3 Emitters

7.3.1 Overview

7.3.2 Emitters: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

7.4 Drip Tubes/Drip Lines

7.4.1 Overview

7.4.2 Drip Tubes/Drip Lines: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

7.5 Filters

7.5.1 Overview

7.5.2 Filters: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

7.6 Valves

7.6.1 Overview

7.6.2 Valves: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

7.7 Pressure Pumps

7.7.1 Overview

7.7.2 Pressure Pumps: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

7.8 Others

7.8.1 Overview

7.8.2 Others: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

8. APAC Drip Irrigation Market Revenue and Forecast to 2028 – by Emitter Type

8.1 Overview

8.2 APAC Drip Irrigation Market, by Emitter Type (2021 and 2028)

8.3 Inline

8.3.1 Overview

8.3.2 Inline: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

8.4 Online

8.4.1 Overview

8.4.2 Online: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

9. APAC Drip Irrigation Market Revenue and Forecast to 2028 – by Application

9.1 Overview

9.2 APAC Drip Irrigation Market, by Application (2021 and 2028)

9.3 Agriculture

9.3.1 Overview

9.3.2 Agriculture: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

9.4 Green House

9.4.1 Overview

9.4.2 Green House: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

9.5 Others

9.5.1 Overview

9.5.2 Others: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

10. APAC Drip Irrigation Market Revenue and Forecast to 2028 – by Type

10.1 Overview

10.2 APAC Drip Irrigation Market, by Type (2021 and 2028)

10.3 Surface

10.3.1 Overview

10.3.2 Surface: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

10.4 Subsurface

10.4.1 Overview

10.4.2 Subsurface: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

11. Drip Irrigation Market – Country Analysis

11.1 Overview

11.1.1 APAC Drip Irrigation Market Breakdown, by Country

11.1.1.1 Australia Drip Irrigation Market, Revenue and Forecast to 2028 (US$ million)

11.1.1.1.1 Australia Drip Irrigation Market Breakdown, By Component

11.1.1.1.2 Australia Drip Irrigation Market Breakdown, By Emitter

11.1.1.1.3 Australia Drip Irrigation Market Breakdown, By Application

11.1.1.1.4 Australia Drip Irrigation Market Breakdown, By Type

11.1.1.2 China Drip Irrigation Market, Revenue and Forecast to 2028 (US$ million)

11.1.1.2.1 China Drip Irrigation Market Breakdown, By Component

11.1.1.2.2 China Drip Irrigation Market Breakdown, By Emitter

11.1.1.2.3 China Drip Irrigation Market Breakdown, By Application

11.1.1.2.4 China Drip Irrigation Market Breakdown, By Type

11.1.1.3 India Drip Irrigation Market, Revenue and Forecast to 2028 (US$ million)

11.1.1.3.1 India Drip Irrigation Market Breakdown, By Component

11.1.1.3.2 India Drip Irrigation Market Breakdown, By Emitter

11.1.1.3.3 India Drip Irrigation Market Breakdown, By Application

11.1.1.3.4 India Drip Irrigation Market Breakdown, By Type

11.1.1.4 Japan Drip Irrigation Market, Revenue and Forecast to 2028 (US$ million)

11.1.1.4.1 Japan Drip Irrigation Market Breakdown, By Component

11.1.1.4.2 Japan Drip Irrigation Market Breakdown, By Emitter

11.1.1.4.3 Japan Drip Irrigation Market Breakdown, By Application

11.1.1.4.4 Japan Drip Irrigation Market Breakdown, By Type

11.1.1.5 South Korea Drip Irrigation Market, Revenue and Forecast to 2028 (US$ million)

11.1.1.5.1 South Korea Drip Irrigation Market Breakdown, By Component

11.1.1.5.2 South Korea Drip Irrigation Market Breakdown, By Emitter

11.1.1.5.3 South Korea Drip Irrigation Market Breakdown, By Application

11.1.1.5.4 South Korea Drip Irrigation Market Breakdown, By Type

11.1.1.6 Rest of APAC Drip Irrigation Market, Revenue and Forecast to 2028 (US$ million)

11.1.1.6.1 Rest of APAC Drip Irrigation Market Breakdown, By Component

11.1.1.6.2 Rest of APAC Drip Irrigation Market Breakdown, By Emitter

11.1.1.6.3 Rest of APAC Drip Irrigation Market Breakdown, By Application

11.1.1.6.4 Rest of APAC Drip Irrigation Market Breakdown, By Type

12. Industry Landscape

12.1 Market Initiative

12.2 New Development

13. Company Profiles

13.1 Hunter Industries

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 IRRITEC S.P.A.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Lindsay Corporation

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Netafim

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Rain Bird Corporation

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 The Toro Company

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Chinadrip Irrigation Equipment Co., Ltd.

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Microjet

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Rivulis

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Jain Irrigation Systems Ltd.

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary

LIST OF TABLES.

Table 1.             APAC Drip Irrigation Market, Revenue and Forecast, 2019–2028 (US$ Million)

Table 2.             APAC Drip Irrigation Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 3.             Australia Drip Irrigation Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 4.             Australia Drip Irrigation Market, Revenue and Forecast to 2028 – By Emitter (US$ million)

Table 5.             Australia Drip Irrigation Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 6.             Australia Drip Irrigation Market, Revenue and Forecast to 2028 – By type (US$ million)

Table 7.             China Drip Irrigation Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 8.             China Drip Irrigation Market, Revenue and Forecast to 2028 – By Emitter (US$ million)

Table 9.             China Drip Irrigation Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 10.          China Drip Irrigation Market, Revenue and Forecast to 2028 – By type (US$ million)

Table 11.          India Drip Irrigation Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 12.          India Drip Irrigation Market, Revenue and Forecast to 2028 – By Emitter (US$ million)

Table 13.          India Drip Irrigation Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 14.          India Drip Irrigation Market, Revenue and Forecast to 2028 – By type (US$ million)

Table 15.          Japan Drip Irrigation Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 16.          Japan Drip Irrigation Market, Revenue and Forecast to 2028 – By Emitter (US$ million)

Table 17.          Japan Drip Irrigation Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 18.          Japan Drip Irrigation Market, Revenue and Forecast to 2028 – By type (US$ million)

Table 19.          South Korea Drip Irrigation Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 20.          South Korea Drip Irrigation Market, Revenue and Forecast to 2028 – By Emitter (US$ million)

Table 21.          South Korea Drip Irrigation Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 22.          South Korea Drip Irrigation Market, Revenue and Forecast to 2028 – By type (US$ million)

Table 23.          Rest of APAC Drip Irrigation Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 24.          Rest of APAC Drip Irrigation Market, Revenue and Forecast to 2028 – By Emitter (US$ million)

Table 25.          Rest of APAC Drip Irrigation Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 26.          Rest of APAC Drip Irrigation Market, Revenue and Forecast to 2028 – By type (US$ million)

Table 27.          Glossary of Terms

LIST OF FIGURES.

Figure 1.           APAC Drip Irrigation Market Segmentation

Figure 2.           APAC Drip Irrigation Market Segmentation – Country

Figure 3.           APAC Drip Irrigation Market Overview

Figure 4.           APAC Drip Irrigation Market, By Emitter

Figure 5.           APAC Drip Irrigation Market, By Country

Figure 6.           APAC: PEST Analysis

Figure 7.           Drip Irrigation Market Ecosystem Analysis

Figure 8.           Expert Opinion

Figure 9.           APAC Drip Irrigation Market: Impact Analysis of Drivers and Restraints

Figure 10.        APAC Drip Irrigation Market, Forecast and Analysis (US$ Million)

Figure 11.        APAC Drip Irrigation Market, by Component (2021 and 2028)

Figure 12.        APAC Emitters: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        APAC Drip Tubes/Drip Lines: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        APAC Filters: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        APAC Valves: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        APAC Pressure Pumps: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 17.        APAC Others: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 18.        APAC Drip Irrigation Market, by Emitter Type (2021 and 2028)

Figure 19.        APAC Inline: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 20.        APAC Online: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 21.        APAC Drip Irrigation Market, by Application (2021 and 2028)

Figure 22.        APAC Agriculture: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 23.        APAC Green House: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 24.        APAC Others: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 25.        APAC Drip Irrigation Market, by Type (2021 and 2028)

Figure 26.        APAC Surface: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 27.        APAC Subsurface: Drip Irrigation Market Revenue and Forecast to 2028 (US$ Million)

Figure 28.        APAC: Drip Irrigation Market Revenue Share, by Key Country (2021 & 2028)

Figure 29.        APAC Drip Irrigation Market Breakdown, by Country, 2021 & 2028 (%)

Figure 30.        Australia Drip Irrigation Market, Revenue and Forecast To 2028 (US$ million)

Figure 31.        China Drip Irrigation Market, Revenue and Forecast To 2028 (US$ million)

Figure 32.        India Drip Irrigation Market, Revenue and Forecast To 2028 (US$ million)

Figure 33.        Japan Drip Irrigation Market, Revenue and Forecast To 2028 (US$ million)

Figure 34.        South Korea Drip Irrigation Market, Revenue and Forecast To 2028 (US$ million)

Figure 35.        Rest of APAC Drip Irrigation Market, Revenue and Forecast To 2028 (US$ million)

The List of Companies - Asia Pacific Drip Irrigation Market

● 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

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC drip irrigation market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the APAC drip irrigation market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the drip irrigation market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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