Greenhouse Irrigation Market Report

Greenhouse irrigation system is the process of watering the crops in the greenhouse to sustain approving conditions for growth and provides protection and suitable climatic conditions for the growth of the plants. A crop grown under greenhouses ensures good agricultural growth and better yield by supplying adequate quantity of water at frequent intervals and they are built by using plastic or glass material. Greenhouse farming satisfies the demand for crops and can turn non-agricultural countries into self-reliant and dynamic hubs for agricultural products. The global greenhouse irrigation market is estimated and forecasted in terms revenue (USD million) generated by the market. The greenhouse irrigation market is growing at a significant rate owing to rising concern of the people towards efficient use of water and increasing demand for high quality crops and optimum level of plant growth and yield. Moreover, rising population which leads to rise in demand for food coupled with technological advancement are boosting the growth of this market over the forecast period. However, lack of technical awareness, high investment to set up the plant and its costly maintenance are the major factors hindering the growth of this market. The global greenhouse irrigation market is segmented based on type, application and geography. based on type, this market is categorised into sprinkle irrigation system, boom irrigation system and drip irrigation system. Globally, drip irrigation system dominates the market and accounted for the largest market share in the global greenhouse irrigation market. The largest share of the market is primarily attributed to increasing demand for drip irrigation system as it is suitable for all soil types and control soil erosion providing organic matter and nutrients to the plants through the drip pipes. Based on application, the greenhouse irrigation market is segmented into fruit plants, vegetables, flowers & ornaments and nursery crops. The vegetable application segment dominates the market as these crops require nutrients and sufficient amount of water that are provided adequately by greenhouse irrigation methods. Geographically, the greenhouse irrigation market is classified into North America, Europe, Asia Pacific and Rest of the World. Rest of the world includes Latin America and Middle East & Africa. Asia Pacific dominates the global greenhouse irrigation market and is expected to maintain its dominance over the forecast period. The demand for this market is expected to boost due to the changes in environmental conditions, modernization of newer irrigation system devices, Increase in agriculture production in India. Moreover, China is the largest manufacturer and supplier of greenhouse irrigation systems in this region. Likewise, developing countries are also estimated to be the fastest-growing markets owing to the growth in land area under greenhouses. The key competitors in the global greenhouse irrigation market are Netafim, Rain Bird Corporation, NELSON IRRIGATION, Lindsay Corporation, Access Irrigation., Antelco., Valmont Industries, Inc., driptech, inc., Olson Irrigation Systems, The Toro Company, Elgo Irrigation Ltd., Orbit Irrigation products Inc. and Ewing. Other vendors are HUNTER INDUSTRIES, Life Irrigation and Irritec S.p.A  New product development, mergers, acquisitions and expansion are the key growth strategies adopted by the market players to gain maximum market share.