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 H

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) 

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.

Reasons to Buy

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"