The global drippers market size is estimated to be valued at USD 288 million in 2022 and is projected to reach USD 469 million by 2027, recording a CAGR of 10.2% during the forecast period in terms of value. Obtaining the minimum discharge with the largest possible water route is the key goal when designing a dripper. To prevent clogging and give the least amount of discharge for the most affordable setup, a broad water path is necessary. Hence, the requirement for an emitter (a hole in a pipe is not a dripper). Inline or online emitters are the terms used to describe emitters that are either on the lateral or inside the lateral.
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Key players operating in this market include Jain Irrigation Systems Ltd. (India), The Toro Company (US), Rivulis Irrigation Ltd. (Israel), Hunter Industries, Inc. (US), Netafim Limited (Israel), Rain Bird Corporation (US), Chinadrip Irrigation Equipment Co., Ltd. (China), Elgo Irrigation Ltd. (Israel), Metzer (Israel), and Azud (Spain). The key players are fixated on improving their market shares, while many new start-ups are emerging rapidly in the market.
Jain Irrigation Systems Ltd. is majorly involved in designing, manufacturing, and selling irrigation systems, piping products, and plastic sheets. The company operates through three segments: high—tech agro-input products, plastics division, and others. The firm is leading in micro-irrigation systems in India. In June 2022, The International Irrigation Business (“IIB”) of Jain Irrigation merged with Rivulis to create a global irrigation and climate leader. This merger will help the company to focus on further improving its business in India to drive higher growth and margin in one of the fastest-growing irrigation markets in the world. Jain Irrigation operates through its production sites in 24 countries and offers its products and solutions to customers in 130 countries as of 2021.
The Toro Company is in the business of designing, manufacturing, marketing, and selling professional turf maintenance equipment and services; turf irrigation systems; landscaping equipment and lighting products; snow and ice management products; ag-irrigation systems; rental, specialty, and underground construction equipment; and residential yard and snow thrower products. In March 2022, The Toro Company announced its partnership with Sentosa Golf Club. The company would provide the Club with a complete fleet of Toro golf course maintenance equipment and irrigation products, landscaping tools, training, and on-site service and support, for the next ten years. Its global presence extends to more than 100 countries. The firm has significant manufacturing facilities and distribution centers located in the US, Australia, Belgium, China, Germany, Italy, Mexico, Romania, and the UK.
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The growth of the market in the Asia Pacific region is majorly driven by the large population engaged in agriculture. Most of the population in countries such as India still depends on agriculture as their major livelihood source for livelihoods. With the increasing support from governments in the form of subsidies, drip irrigation systems are becoming more affordable for farmers having mid-size farms. This is, in turn, fostering the growth of the drippers market in the region. Moreover, there is an increased focus on cash crops, further propelling the market’s growth.
