South America Drip Irrigation Market Forecast to 2028 – COVID

South 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)

Report Code : BMIRE00026059 | Region : LAMEA | Industry : Manufacturing and Construction | Published Date : 19/Sep/2022

The South America drip irrigation market is expected to grow from US$610.40 million in 2022 to US$ 1,230.85 million by 2028; it is estimated to grow at a CAGR of 12.4% 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 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. The growing demand for such cost-effective, simple configuration, lightweight, and environment-friendly technologies is 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 South America drip irrigation market . The South America drip irrigation market is expected to grow at a good CAGR during the forecast period.

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

South America Drip Irrigation Market Segmentation

The South 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 would dominate the market in 2022, and it is expected to be the fastest-growing segment during the forecast period. In terms of emitter type, the market is segmented into inline and online. The online segment would dominate the market in 2022, and it is anticipated to be the fastest-growing segment during the forecast period. Based on application, the market is segmented into agriculture, green house, and others. The greenhouse segment would dominate the market in 2022. The agriculture segment is expected to be the fastest-growing segment during the forecast period. Based on type, the market is segmented into surface and subsurface. The subsurface segment would dominate the market in 2022, and it is expected to grow at the fastest CAGR during the forecast period. Based on country, the South America drip irrigation market is segmented into Brazil, Argentina, and the Rest of South America.

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

At 12.4% CAGR, the SAM Drip Irrigation Market is speculated to be worth US$ 1,230.85 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the SAM drip irrigation market was valued at US$ 610.40 million in 2022 and is expected to reach US$ 1,230.85 million by 2028, registering an annual growth rate of 12.4% from 2022 to 2028. Sustainable drip irrigation to boost growth opportunities and solar-powered drip irrigation systems are the critical factors attributed to the market expansion.

Irrigation technology is emerging with great potential to transform region largely unexploited agriculture sector by managing issues regarding water scarcity and improving agricultural productivity. High solar radiation, favorable temperatures, and low atmospheric humidity create lucrative opportunities for a high agricultural yield in the region. Concerns regarding the performance of conventional irrigation systems are anticipated to propel the drip irrigation systems in recent years. Moreover, the growing incorporation of advanced technologies in small irrigation projects to mitigate adverse effects of climate change and increase resilience to droughts is projected to create substantial expansion possibilities for the drip irrigation market players in region. Drip irrigation systems deliver water drip by drip to the base of a plant. The technology also enhances farmers’ incomes and resilience to drought and floods. Moreover, growing awareness regarding the benefits of drip irrigation for boosting economic growth, a rise in private sector initiatives, and extended government credit facilities and soft loans to farmers to invest in these technologies are anticipated to boost the drip irrigation market across the region.

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

Based on component, the SAM drip irrigation market is segmented into mitters, drip tubes/drip lines, filters, valves, pressure pumps, and others. The emitters segment held 23.5% market share in 2022, amassing US$ 143.29 million. It is projected to garner US$ 381.54 million by 2028 to expand at 17.7% CAGR during 2022–2028.

Based on emitter, the SAM drip irrigation market is bifurcated into inline and online. The online segment held 60.1% market share in 2022, amassing US$ 367.10 million. It is projected to garner US$ 782.93 million by 2028 to expand at 13.5% CAGR during 2022–2028.

Based on application, the SAM drip irrigation market is segmented into agriculture, green house, and others. The greenhouse segment held 47.6% market share in 2022, amassing US$ 290.26 million. It is projected to garner US$ 834.79 million by 2028 to expand at 19.3% CAGR during 2022–2028.

Based on type, the SAM drip irrigation market is segmented into surface and subsurface. The subsurface segment held 62.9% market share in 2022, amassing US$ 383.95 million. It is projected to garner US$ 813.68 million by 2028 to expand at 13.3% CAGR during 2022–2028.

Based on country, the SAM drip irrigation market is segmented into Brazil, Argentina, and Rest of SAM. Our regional analysis states that Brazil captured 55.7% market share in 2022. It was assessed at US$ 339.83 million in 2022 and is likely to hit US$ 711.74 million by 2028, exhibiting a CAGR of 13.1% during the forecast period.

Key players dominating the SAM drip irrigation market are Chinadrip Irrigation Equipment Co., Ltd.; Hunter Industries; IRRITEC S.P.A.; Jain Irrigation Systems Ltd.; Lindsay Corporation; 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.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 SAM Drip Irrigation Market – By Component

1.3.2 SAM Drip Irrigation Market – By Emitter

1.3.3 SAM Drip Irrigation Market – By Application

1.3.4 SAM Drip Irrigation Market – By Type

1.3.5 SAM Drip Irrigation Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM Drip Irrigation Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM Drip Irrigation Market - Key Market Dynamics

5.1 Market Drivers

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

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 – SAM Market Analysis

6.1 SAM Drip Irrigation Market Overview

6.2 SAM Drip Irrigation Market Forecast and Analysis

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

7.1 Overview

7.2 SAM 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. SAM Drip Irrigation Market Revenue and Forecast to 2028 – by Emitter Type

8.1 Overview

8.2 SAM 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. SAM Drip Irrigation Market Revenue and Forecast to 2028 – by Application

9.1 Overview

9.2 SAM 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. SAM Drip Irrigation Market Revenue and Forecast to 2028 – by Type

10.1 Overview

10.2 SAM 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. SAM Drip Irrigation Market – Country Analysis

11.1 Overview

11.1.1 SAM Drip Irrigation Market Breakdown, By Country

11.1.1.1 Brazil Drip Irrigation Market, Revenue and Forecast to 2028

11.1.1.1.1 Brazil Drip Irrigation Market Breakdown, By Component

11.1.1.1.2 Brazil Drip Irrigation Market Breakdown, By Emitter

11.1.1.1.3 Brazil Drip Irrigation Market Breakdown, By Application

11.1.1.1.4 Brazil Drip Irrigation Market Breakdown, By Type

11.1.1.2 Argentina Drip Irrigation Market, Revenue and Forecast to 2028

11.1.1.2.1 Argentina Drip Irrigation Market Breakdown, By Component

11.1.1.2.2 Argentina Drip Irrigation Market Breakdown, By Emitter

11.1.1.2.3 Argentina Drip Irrigation Market Breakdown, By Application

11.1.1.2.4 Argentina Drip Irrigation Market Breakdown, By Type

11.1.1.3 Rest of SAM Drip Irrigation Market, Revenue and Forecast to 2028

11.1.1.3.1 Rest of SAM Drip Irrigation Market Breakdown, By Component

11.1.1.3.2 Rest of SAM Drip Irrigation Market Breakdown, By Emitter

11.1.1.3.3 Rest of SAM Drip Irrigation Market Breakdown, By Application

11.1.1.3.4 Rest of SAM 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 Rivulis

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 Jain Irrigation Systems Ltd.

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

14. Appendix

14.1 About The Insight Partners

14.2 Glossary

LIST OF TABLES.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 15.          Glossary of Terms

LIST OF FIGURES.

Figure 1.           SAM Drip Irrigation Market Segmentation

Figure 2.           SAM Drip Irrigation Market Segmentation – Country

Figure 3.           SAM Drip Irrigation Market Overview

Figure 4.           SAM Drip Irrigation Market, By Emitter

Figure 5.           SAM Drip Irrigation Market, By Country

Figure 6.           SAM: PEST Analysis

Figure 7.           Drip Irrigation Market Ecosystem Analysis

Figure 8.           Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 29.        SAM Drip Irrigation Market Breakdown, By Country, 2021 & 2028 (%)

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

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

Figure 32.        Rest of SAM Drip Irrigation Market, Revenue and Forecast to 2028 (US$ million)

The List of Companies - South America Drip Irrigation Market

● Chinadrip Irrigation Equipment Co., Ltd. 

● Hunter Industries

● IRRITEC S.P.A.

● Jain Irrigation Systems Ltd.

● Lindsay Corporation

● 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 SAM 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 SAM 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 SAM 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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