The drip irrigation market has been growing due to the increasing demand for efficient water management systems in agriculture, as well as the need for higher crop yield and quality. The market is driven by factors such as increasing global population, urbanization, and food demand, which have led to a rise in demand for agriculture products. Additionally, the growing awareness among farmers about the benefits of drip irrigation systems such as water and fertilizer savings, reduction in labor and energy costs, and improved crop yields has further fueled the market growth. The Drip Irrigation market is also influenced by government initiatives promoting sustainable agriculture practices and water conservation. However, high installation and maintenance costs, as well as the lack of awareness and technical expertise, may hinder the market growth in certain regions.
Prominent Players in the Drip Irrigation Industry:
1. Rain Bird Corporation
Rain Bird Corporation was founded in 1933 and is headquartered in Tucson, Arizona. The company is a leading manufacturer and provider of irrigation products and services. Rain Bird operates in over 130 countries worldwide, including the United States, China, India, and the United Kingdom. In April 2022, Rain Bird announced the release of its new TBOS-GEN3 battery-operated controller, which features Bluetooth connectivity, enhanced water-saving features, and a new mobile app.
2. Netafim Limited
Netafim Limited was founded in 1965 and is headquartered in Tel Aviv, Israel. The company is a leading provider of drip irrigation systems and technologies. Netafim operates in over 110 countries worldwide, including the United States, China, India, and the United Kingdom. In November 2021, Netafim launched a new line of drip irrigation solutions for smallholder farmers, aimed at increasing crop yields and water efficiency in low-income areas.
3. Lindsay Corporation, S.A
Lindsay Corporation, S.A was founded in 1955 and is headquartered in Omaha, Nebraska. The company is a global provider of irrigation systems and technologies, including drip irrigation systems. Lindsay Corporation operates in over 90 countries worldwide, including the United States, China, India, and the United Kingdom. In September 2022, Lindsay Corporation announced the acquisition of Watertronics, a leading provider of water pumping and treatment systems, to expand its irrigation portfolio.
4. Driptech Incorporated
Driptech Incorporated was founded in 2008 and is headquartered in San Francisco, California. The company designs and manufactures affordable and efficient drip irrigation solutions for smallholder farmers in emerging markets. Driptech operates in several countries worldwide, including India, China, and Africa. In March 2022, Driptech announced the launch of its new smart irrigation controller, aimed at improving water use efficiency and crop yields for smallholder farmers.
5. Microjet Irrigation System
Microjet Irrigation System was founded in 1981 and is headquartered in Coimbatore, India. The company is a leading manufacturer of drip irrigation systems and products. Microjet operates in several countries worldwide, including the United States, China, and Australia. In June 2021, Microjet launched its new range of low-cost drip irrigation systems, aimed at smallholder farmers in developing countries.
6. Rivulis Irrigation
Rivulis Irrigation was founded in 1966 and is headquartered in Israel. The company is a leading provider of drip irrigation solutions and technologies. Rivulis operates in over 100 countries worldwide, including the United States, China, and Australia. In January 2022, Rivulis announced the launch of its new precision irrigation technology, which allows farmers to optimize water use and crop yield while reducing labor and energy costs.
7. The Toro Company
The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota. The company is a leading provider of irrigation and outdoor equipment, including drip irrigation systems. Toro operates in over 125 countries worldwide, including the United States, China, and Australia. In May 2022, Toro announced the acquisition of Regnerbau Calw GmbH, a leading provider of drip irrigation systems and technologies in Germany, to expand its irrigation portfolio in Europe.
8. EPC Industries LTD
EPC Industries LTD was founded in 1951 and is headquartered in Mumbai, India. The company is a leading provider of irrigation and water management solutions, including drip irrigation systems. EPC Industries operates in several countries worldwide, including India, the United States, and the United Arab Emirates. In February 2022, EPC Industries launched its new line of smart irrigation controllers, which use artificial intelligence and machine learning algorithms to optimize water use and improve crop yields.
9. Eurodrip
Eurodrip was founded in 1979 and is headquartered in Thessaloniki, Greece. It provides drip irrigation solutions for agriculture, landscape, and greenhouse applications.
Definition- Drip irrigation is a type of irrigation system that delivers water directly to the roots of plants through a network of pipes, tubes, and emitters, providing water and nutrients more efficiently while conserving water.
