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3. Top Companies in Drip Irrigation Industry - Rivulis (Isarel), Jain Irrigation Systems Ltd. (India) and NETAFIM (Isarel)

The 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% from 2024 to 2029.

The drip irrigation market is being driven by several key factors, including the growing need for water conservation due to increasing water scarcity and climate change, which necessitates efficient irrigation methods. Additionally, the rising demand for higher crop yields and better quality produce, spurred by the expanding global population and food security concerns, is encouraging the adoption of precision agriculture technologies like drip irrigation. Government initiatives and subsidies supporting modern irrigation systems, along with technological advancements that make drip irrigation systems more affordable and easier to install and maintain, further propel market growth. Lastly, the increased awareness among farmers about the economic and environmental benefits of drip irrigation, such as reduced water usage and minimized fertilizer runoff, is also contributing to its widespread adoption.

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NETAFIM (Isarel)

NETAFIM, an Orbia business and member of the Precision Agriculture group, specializes in providing comprehensive solutions from the water source to the root zone. The company offers irrigation and greenhouse projects, landscape and mining irrigation solutions, all supported by engineering, project management, and financing services. As a leader in digital farming, irrigation, and fertigation, NETAFIM integrates real-time monitoring, analysis, and automated control into advanced systems. The company supplies a wide range of products including drippers and dripper lines, sprinklers and micro-sprinklers, filters, valves, connectors, and polyethylene pipes. With 33 subsidiaries, 19 manufacturing plants, 2 recycling plants, and over 5,000 employees worldwide, NETAFIM's customized irrigation and fertigation solutions serve millions of farmers, from smallholders to large-scale agricultural producers in 110 countries.

In In October 2023, Netafim India launched Toofan drip line, a revolutionary irrigation technology designed to transform farming for growers across India. Toofan aims to cover 25,000 hectares and benefit 35,000 farmers by 2025. It features advanced anti-clogging technology for optimal water and nutrient delivery. The drip line is 40% stronger with greater tensile strength and is 20% more affordable than existing thin-wall, non-pressure-compensated drip lines, making it a cost-effective solution for sustainable farming. This initiative is expected to significantly boost the company's sales by enhancing product appeal and reliability, thereby attracting a larger customer base and increasing market penetration.

Rivulis (Isarel)

Rivulis is a leading global provider of micro irrigation solutions, boasting 22 manufacturing facilities, a workforce of 3,000 employees, and three R&D centers in Israel, Greece, and California. The company also operates multiple Design Centers, highlighting its dedication to innovation and excellence. With an extensive network of over 6,000 partners and 7,000 growers worldwide, Rivulis delivers comprehensive turnkey micro irrigation solutions tailored to both individual growers and large corporate plantations. Serving a diverse range of industries including agriculture, horticulture, greenhouse, and mining, Rivulis' product portfolio features drip tapes, drip lines, online drippers, sprinklers, sprays, filters, valves, fertigation, and automation solutions.

In September 2023, Rivulis and Dragon-Line, leaders in micro-irrigation and mobile drip irrigation pivots respectively, announced an exclusive partnership in the US, Mexico, and Canada. Dragon-Line launched a new Mobile Drip Irrigation System utilizing a newly developed Rivulis drip line product through this collaboration. This partnership will enhance Rivulis' field presence, boost engineering resources, and expand production capacity, enabling the company to swiftly meet market demands with innovative solutions.

Jain Irrigation Systems Ltd. (India)

Jain Irrigation Systems Ltd. (JISL), an Indian multinational, operates 32 manufacturing plants globally. Its Micro-Irrigation Division produces a comprehensive range of precision irrigation products, including drip lines, drip tape, emitters/drippers, drip kits, fittings, and accessories. The company manages a 2,300-acre Hi-Tech Agri Institute, serving as an R&D, demonstration, training, and extension center. JISL undertakes turnkey agricultural and irrigation development projects with a holistic approach. Over 1,500 agricultural and irrigation scientists, engineers, and technicians focus on comprehensive project planning and implementation, including watershed development, wasteland transformation, crop agronomy, and protected cultivation.

In March 2023, Jain International Trading B.V. (JITBV), a wholly owned subsidiary of Jain Irrigation, merged with Rivulis. The newly formed entity, branded as "Rivulis in alliance with Jain International" ("MergeCo"), will become a global leader in irrigation and climate solutions, ranking as the second-largest in the world with approximately USD 750 million in revenues. MergeCo will continue to use and promote prominent JAIN brands in markets where they have significant presence and value.

Related Reports:

Drip Irrigation Market Report by Component (Emitters/Drippers, Drip Tubes/Drip Mainlines, Filters & Fertilizer Injectors, Fittings & Accessories, Pressure Pumps And Valves), Crop Type, Application, Emitter/Dripper Type, & Region - Global Forecast to 2029

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