The global drip irrigation market is estimated at USD 5.6 billion in 2024 and is projected to reach USD 8.6 billion by 2029, at a CAGR of 9.0% during the forecast period.

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The need for drip irrigation is driven by increasing global demand for food security, water scarcity concerns, and the imperative to enhance agricultural productivity sustainably. Drip irrigation addresses these needs by efficiently delivering water and nutrients directly to plant roots, minimizing wastage, and optimizing crop yields. Factors driving the drip irrigation market include advancements in technology such as AI and IoT integration, government incentives promoting water-efficient practices, expansion of commercial farming, and the rising adoption of precision agriculture techniques. These factors collectively propel the growth of drip irrigation systems, meeting the challenges of modern agriculture while ensuring environmental sustainability.

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Key players in this market include Rivulis (Isarel), The Toro Company (US), Jain Irrigation Systems Ltd. (India), HUNTERS INDUSTRIES INC. (US), NETAFIM (Isarel), Mahindra EPC Irrigation Limited (India), Rain Bird Corporation (US), Chinadrip Irrigation Equipment (Xiamen) Co., Ltd. (China), Elgo Irrigation Ltd. (Isarel), Shanghai Irrist Corp., Ltd. (China), Antelco (Australia), Microjet Irrigation Systems (South Africa), metzer (Isarel), Grupo Chamartin S.A. (Spain), and Azud (Spain).