Global Drip Irrigation Market: Key Highlights
Global Drip Irrigation Market: Key Market Dynamics
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Global Drip Irrigation Market: Regional Overview
North Americais anticipated to witness prominent growth in drip irrigation market owing to rising irrigation practices across the U.S. Increasing focus to produce higher crop yield by using least resources coupled with technological innovations in irrigation sector has been the primary drivers for the growth of the market in the region. Additionally, rising demand for agriculture products due to increasing population, government subsidiaries, and decreasing water wastage in various countries haveattributed the growth in the region.
Asia-Pacific is anticipated todominate the growth in drip irrigation market during the forecasted period. This is attributed tothe presence of irrigated areas within the region and increasing adoption of micro-irrigation across the economies such as India and China. Rising technological up-gradation in the agriculture industry coupled with rising awareness regarding modern farming techniques and irrigation systems and government subsidiaries for drip irrigation installation has expected to drive the growth of the product in the region. Moreover, presence of well-established market players such as Jain Irrigation System Ltd, and Chinadrip Irrigation Equipment Co., Ltd coupled with an increasing number of players haveexpected to further boost the growth of the market in the region.
Global Drip Irrigation Market: Key Players Overview
Lindsay Corporationis is one of the leading manufacturers of irrigation and infrastructure products and services. The company operates through two broad segments including irrigation, and infrastructure. FieldNET, FieldNET Advisor, FieldNET Pivot Watch, Zimmatic, Barrier Systems, Road Zipper, Snoline, WireRat and CircleScout are trademarks or registered trademarks of Lindsay Corporation. In July 2020, the company acquired Net Irrigate, LLC, an agriculture Internet of Things technology company which provides remote monitoring solution for irrigation customer. This acquisition will help Lindsay Corporation in delivering innovative real-world solution to help farmers increase water & energy efficiency through irrigation systems.
The Toro Companyis a US-based company engaged in providing innovative solution for outdoor environment. The company has a strong network of professional distributors, dealers, retail stores, and retailers located in more than 125 countries across the globe. Ditch Witch, Exmark, Boss, American Augers, Ventrac, Subsite Electronics, HammerHead, Trencor, Unique Lighting Systems, Irritrol,Hayter, Pope, Lawn-Boy, and Radius are brands of the company through which it offers a wide range of product portfolio. In May 2020, The Toro Company launched clog-resistant drip tape, Toro Aqua-Traxx Azul drip tape. This tape will offer filter inlet design and optimized flow passages which will pass through debris to maximize clog resistance and product performance.
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