Press release
Greenhouse Drip Irrigation Systems Market to Surge with 6.5% CAGR, Global Revenue to Exceed USD 2.39 Billion by 2031
Greenhouse Drip Irrigation Systems Market
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What is the projected growth rate (CAGR) of the Global Greenhouse Drip Irrigation Systems market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Greenhouse Drip Irrigation Systems Market reached US$ 1.45 billion in 2022 and is expected to reach US$ 2.39 billion by 2031, growing with a CAGR of 6.5% during the forecast period 2024-2031.
Greenhouse drip irrigation systems are advanced watering solutions designed to deliver precise amounts of water and nutrients directly to the root zone of plants within a greenhouse environment. These systems consist of a network of tubes, emitters, and controllers, ensuring efficient water use and minimal waste. They support consistent plant growth, improve crop yields, and reduce the risk of waterborne diseases. Greenhouse drip irrigation is ideal for sustainable agriculture, conserving resources while optimizing plant health.
Key Developments:
❁ In April 2023, Rivulis Pte. Ltd. acquired the International Irrigation Business (IIB) of Jain Irrigation. This strategic acquisition positions Rivulis as a global leader in advancing modern irrigation solutions and digital farming, driving the widespread adoption of innovative practices to address climate challenges effectively.
❁ In January 2023, CropX Technologies acquired Tule Technologies, a California-based precision irrigation company. This acquisition enhances the CropX Agronomic Farm Management System with advanced data capture capabilities and expands its reach into California's drip-irrigated specialty crop market.
List of the Key Players in the Greenhouse Drip Irrigation Systems Market:
Argus Control Systems Limited, Rough Brothers, Inc., LOGIQS BV, Netafim Ltd., Priva Holding BV, Richel Group, Ridder Holding Harderwijk BV, Top Greenhouses Ltd., SGS and Eurofins.
Research Process:
Both primary and secondary data sources have been used in the global Greenhouse Drip Irrigation Systems Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Greenhouse Drip Irrigation Systems Market:
By Components: Spinners and Sprays, Micro Sprinklers/ Emitters, Regulators, Drip Tape & Drip Lines, Hoses, Valves, Others
By Power Source: Renewable, Non- Renewable
By Technology: Drip Tube, Poly Fittings and Accessories, Emitters, Pumps, Control Head, Filters and Valves, Others
By Distribution Channel: Company Stores, E-Commerce, Specialty Markets, Others), By Farm (Small Farms, Medium Farms, Large Farms), By Crop Type (Vegetables & Fruits, Flowers & Ornamentals, Nursery Crops, Others)
Regional Breakout:
The global Greenhouse Drip Irrigation Systems Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Greenhouse Drip Irrigation Systems Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Greenhouse Drip Irrigation Systems Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Greenhouse Drip Irrigation Systems manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Greenhouse Drip Irrigation Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
1) What is the expected growth rate of the global market for the forecast period?
2) What are the key driving factors that are responsible to shape the fate of the Greenhouse Drip Irrigation Systems market during the forecast period?
3) What will be the overall size of the market during the analysis period?
4) What are the prominent market trends which influence the development of the Greenhouse Drip Irrigation Systems market across various regions?
5) Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
6) What are the challenges and threats that are likely to act as a barrier to the growth of the Greenhouse Drip Irrigation Systems market?
7) What are the major opportunities that the companies can get to attain success in the world?
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