Market Share of Irrigation Valves Industry
The Irrigation Valves Market is moderately competitive and consists of some influential players. Regarding market share, some of these essential actors currently manage the market. These significant players with a noticeable share in the market are concentrating on developing their customer base across foreign countries. The businesses are leveraging strategic collaborative actions to improve their market percentage and enhance profitability.
In November 2022, Fitok group introduced the FITOK BGP series 3-piece high purity ball valves and the BRP series hex bar high purity ball valves to meet the necessities of degreasing, low working pressure, high flow rate, and bi-directional flow for clean, dry air (CDA) and bulk gas allotment lines, which are widely utilized in the specialty gas, semiconductor, and chemical industries.
In July 2022, Lumo, a new Agtech company focused on water sustainability, announced that it raised USD 2.1 million in pre-seed funding and plans to allocate funds toward commercializing its irrigation technology. The system offers a first-of-its-kind wireless, cloud-managed water valve network that will allow growers to optimize water use to enhance crop quality and decrease overhead costs.
Irrigation Valves Market Leaders
-
Ace Pump Corporation
-
Bermad CS Ltd
-
Elysee Rohrsysteme GmbH
-
Hunter Industries
-
Nelson Irrigation
*Disclaimer: Major Players sorted in no particular order