Growing need for agricultural efficiency is expected to drive the growth of Europe drip irrigation market
According to TechSci Research report, “Europe Drip Irrigation Market By Component (Emitters/Drippers, Pressure Pumps, Drip Tubes/Drip Lines, Valves, Filters, Fittings & Accessories, Others), By Crop Type (Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables, Olericulture, Others), By Emitter Type (Inline v/s Online), By Application (Surface v/s Subsurface), By End Use (Agricultural v/s Non-Agricultural), By Country, Competition, Forecast & Opportunities, 2025”, Europe drip irrigation market is expected to witness a high growth during the forecast period. Government programs and subsidies driving the acceptance of drip irrigation systems, is one of the major factors accounting for the growth of Europe drip irrigation market. Moreover, high promotion of water conservation activities is expected to bode well for the growth of Europe drip irrigation market through the forecast period. In addition to this, population growth is expected to positively influence the growth of Europe drip irrigation market in the years to come. Also, limited land resources coupled with unpredictable rainfall patterns are further making headway for the growth of Europe drip irrigation market over the coming years. However, there are some factors that might act as major impediments to the growth of Europe drip irrigation market through 2025 including high initial investment associated with installing a drip irrigation system.
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Europe drip irrigation market can be segmented based on component, crop type, emitter type, application, end use, company, and region. Based on emitter type, the market can be categorized into inline v/s online. Out of these, the inline segment accounted for the highest market share until 2019 and is expected to remain dominant throughout the forecast period as well, which can be attributed to the ease of installation and higher levels of efficiency. Also, the inline emitters are prepared from superior-quality linear low-density polyethylene material. Therefore, these emitters assist in providing maximum resistance against clogging and are suitable for surface irrigation and subsurface irrigation. This is anticipated to boost the segmental growth over the coming years. Based on application, the market can be categorized into surface v/s subsurface. Out of these, the surface drip irrigation segment dominated the market until 2019 and is expected to maintain its dominance during the forecast period as well as these surface drip irrigation equipment is extensively used to irrigate perennial crops, vegetable crops and annual row crops. Surface equipment utilizes water, which is applied over the soil by drip tubes or laterals.
The Toro Company, Netafim Limited, Rain Bird Corporation, Jain Irrigation Systems Ltd., Lindsay Corporation, Chinadrip Irrigation Equipment Co. Ltd., Elgo Irrigation Ltd., Shanghai Huawei Water Saving Irrigation Corp., Antelco Pty Ltd., EPC Industries (Mahindra & Mahindra Ltd.), T-L Irrigation Company, Metzer Group Drip Irrigation Systems, Grupo Chamartin S.A., Dripworks Inc., Sistema Azud S.A., are among others are the leading players operating in Europe drip irrigation market. The players are adopting several growth strategies to enhance the market scenario of drip irrigation. Other competitive strategies include new technological developments; mergers & acquisitions; agreements, partnerships, and collaborations; and expansions to diverse their product portfolio in order to strengthen their market position.
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“Europe drip irrigation market is forecast to register high growth until 2025 on account of increased demand for biofuel. Furthermore, strong potential for precision irrigation systems through the technological upgrade of current systems and components is further anticipated to boost the market growth for drip irrigation over the coming years. Along with this, rapid growth in green house vegetable production is expected to contribute to the growing trend in the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Europe Drip Irrigation Market By Component (Emitters/Drippers, Pressure Pumps, Drip Tubes/Drip Lines, Valves, Filters, Fittings & Accessories, Others), By Crop Type (Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables, Olericulture, Others), By Emitter Type (Inline v/s Online), By Application (Surface v/s Subsurface), By End Use (Agricultural v/s Non-Agricultural), By Country, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Europe drip irrigation market and provides statistics & information on market size, structure and market growth future. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe drip irrigation market.
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Source : TechSci Research