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Greenhouse Irrigation System Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023
Greenhouse Irrigation System Market
Market Outline: Global Greenhouse Irrigation System Market
Global Greenhouse irrigation system is most widely used irrigation system in greenhouse agriculture farming. Greenhouses are built by using plastic or glass material that gives better yield compared to traditional agriculture methods. These structures maintain the desired climatic conditions for the proper development of crops irrespective of seasons. Due to climatic control in a greenhouse, water requirement in greenhouse farming is lesser than open land farming. The most popular greenhouse irrigation systems include drip irrigation, boom irrigation, and sprinkler and micro sprinkler systems. Greenhouse area is smaller than open land farming area, so drip irrigation and micro sprinkler systems are commonly used in greenhouse irrigation systems.
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Market Dynamics: Global Greenhouse Irrigation System Market
Rise in demand for food consumption due to increase in global population, rapid urbanization leads to increase in preference for greenhouse farming, water scarcity issues, and unfavorable environmental conditions are anticipated to fuel the greenhouse irrigation system market. Moreover, government initiations for the greenhouse farming, advantages of greenhouse farming such as better yield compared with traditional farming, and the decrease in arable land are boosting the greenhouse irrigation system market over the forecast period. However, the high cost of greenhouse setup, high maintenance cost, and lack of awareness about greenhouse farming in undeveloped regions have hampered the growth of greenhouse irrigation system market over the forecast timeframe.
Market Scope: Global Greenhouse Irrigation System Market
Global greenhouse irrigation system market segmented on the basis of irrigation type, product type, and application
Based on the irrigation type, it is segmented into the following
• Boom irrigation
• Drip irrigation
• Micro sprinkler irrigation
Based on the product type, it is segmented into the following
• Drip line and drip tape
• Micro-sprinklers
• Hose
• Spinners and sprays
• Regulators
• Valves
• Others
Based on the application, it is segmented into the following
• Fruits and vegetables
• Flowers and ornamentals
• Others
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Market Summary: Global Greenhouse Irrigation System Market
Global Greenhouse irrigation system market is growing at a significant CAGR owing to increase in the preference for vertical or rooftop farming in developed countries. Due to rise in global population and rapid industrialization, there is a decrease in arable land, which leads to increase in greenhouse farming and increase the revenue of greenhouse irrigation system market. Moreover, acquisitions and mergers, launching of newer irrigation systems, and technological advancements are the factors expected to fuel the revenue of greenhouse irrigation system market. For instance, in October 2013, The Toro Company acquire Xiamen Xiangfeng Water Saving Equipment Co. which produces the drip irrigation products, emitters and filters, and sprinklers for agriculture and greenhouse production. Moreover, in January 2017, Rivulis and Eurodrip S.A. inked an agreement for strengthening their business greenhouse irrigation system market.
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Regional Analysis: Global Greenhouse Irrigation System Market
Global greenhouse irrigation system market segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America greenhouse irrigation system market is growing due increase in the preference for rooftop farming or vertical farming, changes in environmental conditions in U.S., and innovation of newer irrigation system devices are anticipated to fuel the market. Europe greenhouse irrigation system market is rising due to the adoption of newer greenhouse farming, decrease in arable land due to increasing industrialization, an increase in agriculture production in UK, Germany, and Russia are expected to propel the market. The Asia-Pacific greenhouse irrigation system market has significant share attributed to rapid urbanization, increase in population in India and China leads to rising in demand for food consumption, and increase in awareness about greenhouse farming are expected to boost the market. Latin America greenhouse irrigation system market is projected to grow due to focus on water usage efficiency, the rise in demand for varied crops, and better yield & quality of crops are witnessed fuel the market. The Middle East and Africa greenhouse irrigation system market have a prominent growth attributed to government support for the greenhouse farming, water scarcity issues, and changes in environmental conditions are bolstering the market over the forecast period.
Competition Assessment: Global Greenhouse Irrigation System Market
Key player profiles in the global Greenhouse Irrigation System market include:
• Rivulis Irrigation (Israel)
• Nelson Irrigation Corporation (U.S.)
• Irritec S.p.A. (Italy)
• EPC Industries Limited (India)
• The Toro Company (U.S.)
• Netafim Ltd. (Israel)
• Valmont Industries, Inc. (U.S.)
• Rain Bird Corporation (U.S.)
• Lindsay Corporation (U.S.)
• Jain Irrigation Systems Ltd. (India)
Notable Market Developments: Global Greenhouse Irrigation System Market
• In April 2017, Rain Bird introduced LFX300 low flow sprinkler that provides flexible irrigation used in low-volume agriculture, nursery, and greenhouse
• In August 2017, Mexichem purchased 80% stake of Netafilm drip irrigation pioneer to strengthening its drip irrigation portfolio
Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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