Global Agriculture Dripper Industry: The Global Market to Attain the Value of US$ 910 Mn by 2025 End- QY Research, Inc.

LOS ANGELES, Feb. 21, 2019 (GLOBE NEWSWIRE) -- The global agriculture dripper market is expected to grow remarkably throughout the projected period. The cutting-edge agriculture dripper services brought by key manufacturers are creating a lot of opportunities in the agriculture dripper market across the globe. This is the precise reason that the market has always been mature and advanced in developed regions than in developing countries.

After taking into consideration an increasing adoption of drip irrigation across the world, QY Research has recently published a report, “Global Agriculture Dripper Manufacturers Profile, Market Size and Market Share 2019,” on the global agriculture dripper market for the projected period of 6-years, i.e. during 2019-2025. According to this report, the market was valued at US$ 290 in 2018 and is expected to attain the value of US$ 910 Mn by the end of 2025.

Worldwide Water Shortage to Drive the Growth of the Global Agriculture Dripper Market

There are several factors which are driving the growth of global agriculture dripper market. The key factors are the growing population, climatic changes, reducing arable land throughout the globe, and reduction in water resources. To fulfill the rising demand of food particularly from developing countries such as China and India by incorporating sustainable practices in agriculture, the leading players in the market have entered into a mutual agreement with officials of local government to get their support for various irrigation projects.

Besides, rising environmental concerns accompanied by worldwide water shortage is one of the significant factors, which is creating a positive impact on the growth of the global market for agriculture dripper.

However, the high initial system installation cost is likely to restrain the growth of the market, especially in developing and underdeveloped countries.

Global Agriculture Dripper Market- Segmental Analysis

The global agriculture dripper market is primarily segmented into types and application. The type segment is further segmented into non-pressure compensated drippers, and pressure compensated drippers. On the other hand, application segment is sub-segmented into field drip irrigation, indoor drip irrigation, and orchard drip irrigation.

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Asia Pacific Region to Grow at a Significant Growth Rate in the Global Agriculture Dripper Market

Although this market is a bit immature in developing regions in terms of advanced technology, Brazil, China and India have a huge potential of grabbing large revenue share in the global agriculture dripper market. Since past few years, the high growth rate has been witnessing in Asia Pacific agriculture dripper industry and the primary reason behind this remarkable growth is a rise in the demand for food grains, an ever-growing population, development in crop yields and effective use of water.

“Do not Enter in Agriculture Dripper Field Without Downstream Support and Technical Advantage”- QY Research

According to the team of experts in QY Research, new entrants should not enter into the agriculture dripper field market without downstream support and technical advantage, although they have good financial backup. This insight was given by the experts in the agriculture domain after they observe that to fulfill the demand for high-performance services at home, several companies have started entering into the market.

Global Agriculture Dripper Market- Key Players

Shanghai Lianye, Netafim, Qinchuan Water-saving, JAIN, Chinadrip, Rivulis, Irritec, Metzer, Rain Bird, and TORO are some of the companies operating in the global agriculture dripper market.

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