In nations like Turkey, Egypt, and Israel, the market for drip irrigation systems has a high penetration rate. In these nations, farming and greenhouse production are the main uses of drip irrigation systems. However, the Gulf Cooperation Council (GCC) nations, including Qatar, the UAE, and others, are anticipated to present enormous growth prospects for the drip irrigation systems market. In addition, drip irrigation systems are anticipated to have significant demand in the near future due to increased initiatives for agricultural development in Morocco, Saudi Arabia, and Qatar.
The MENA Drip Irrigation Systems Market is predicted to be worth US$ 361.6 million by the end of 2021, with a CAGR of US$ 1,650.63 over the forecast period (2022-2030).
Top Companies in the MENA Drip Irrigation System Industry:
1. Elgo Irrigation Ltd.: Irrigation systems, water filtration systems, and gardening accessories are all manufactured by this company. Hose ends, pop-up sprinklers, micro-irrigation, and gardener hobby kits are available for both residential and commercial application. It was founded in 1906. Headquarters are in Israel. -The study "Sprinkler Irrigation System Market Research Report by Mobility, Application, Crop Type, and Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" has been added to the ResearchAndMarkets.com offering.
2. Netafim Ltd.: The owner of a business that sells intelligent irrigation systems wanted to provide drip irrigation systems. With the help of engineering, project management, and financing services, the company's drip irrigation systems enable growers of all sizes, from smallholders to large-scale agricultural producers worldwide, to deliver turnkey irrigation and greenhouse projects. Built in 1965. Head office in Israel. Following the acquisition of the 80% ownership in Netafim, Ltd. from a business supported by the Permira funds, Mexichem, S.A.B. de C.V. reported that all prerequisites specified by the Share Purchase Agreement had been met, including obtaining all necessary government approvals.
3. Eurodrip SA: Drip irrigation product manufacturer offering cost-effective modular, integrated drip irrigation devices customised to individual agricultural and landscaping demands. Drippers manufactured by the company are made of polyethylene (PE) and are internally embodied directly in the pipeline during the extrusion process (with no internal attachments), forming a single piece of irrigation line and ensuring controlled water supply by pushing small amounts of water through the exit holes. It was founded in 1979. The headquarters are in Greece. Rivulis and Eurodrip Announce a Merger to Form a Global Leader in Micro Irrigation
4. Jain Irrigation Systems Ltd.: Drip irrigation technology and smart precision irrigation technology are world leaders in agriculture and farm irrigation systems, as well as landscape and greenhouse irrigation. The company was formed on December 30th, and the Certificate of Commencement of Business was received on January 12th, 1987. Jain Irrigation Systems Limited, located in Jalgaon, Maharashtra, India, is a diversified agricultural company with a market capitalization of more than US$ 1.2 billion.
5. Hunter Industries, Inc.: Hunter Industries manufactures a wide range of irrigation goods such as controllers, rotors, rotary sprinklers, spray head sprinklers, nozzles, and so on. Edwin J. Hunter and Paul M. Hunter launched the company in 1981. Dispensing Dynamics (June 2017), Hydrawise (May 2016), and Senninger Irrigation (Jan 2016) are the most recent acquisitions.
6. The Toro Company: Toro Company is a manufacturer of lawn management and landscaping equipment. For professional lawn and landscape maintenance and construction, the company manufactures reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems. Founded in 1914, with headquarters in the United States. Toro acquires Intimidator Group, a Spartan Mowers manufacturer. BLOOMFIELD, Minn.
7. Rain Bird Corporation: Rain Bird Corporation, headquartered in Azusa, California, is a prominent global manufacturer and provider of irrigation equipment and services. During California's agricultural boom in 1933, the privately held corporation was created. Rain Bird has manufactured and sold the industry's biggest variety of irrigation solutions for farms, golf courses, sports stadiums, commercial buildings, and households in over 130 countries.
*Definition: Drip irrigation is a type of micro-irrigation system, which has the potential to save water and nutrients by allowing water to drip slowly to the roots of plants.