According to the report â€œGreenhouse Irrigation Systems Market", published by Market Data Forecast, the global market is projected to reach USD 1497.5 million by 2021, at a CAGR of 10.58% from 2016 to 2021.
Greenhouse Irrigation Systems market can be referred to the market comprising of different type of irrigation system used within a greenhouse. Greenhouses are used to provide plants with favourable climatic conditions. The plants cultivated in greenhouse demand adequate water quantity to maintain better growth and high yield. In greenhouse, common irrigation techniques include drip irrigation, boom irrigation etc.
The market is showcasing significant potential in the mentioned forecast period. The market continues to grow with increasing demand of higher yielding crops and rising awareness among farmers about the benefits for greenhouse irrigation systems.
The factors impacting the Global Market for Greenhouse Irrigation Systems Market, either positively or negatively are presented in the DROC analysis. New technological developments and increase in areas covered by greenhouse has created an opportunity for the market to make a breakthrough into the agricultural industry. Other major drivers for the greenhouse irrigation system market include, global focus on water usage efficiency, demand for varied crops round the year, better quality & yield of crops and rising population resulting in increased demand. The restraints and challenges related to the market include high maintenance cost, lack of technical knowledge, and huge investment in set up. These factors have been holding back the market from reaching its actual potential.
For granular level understanding the Global Greenhouse Irrigation Systems Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
- Drip Irrigation System
- Micro Sprinkler Irrigation System
- Boom Irrigation System
- Y-o-Y Growth Analysis, By Type
- Market Attractiveness Analysis, By Type
- Market Share Analysis, By Type
By Application:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
- Flowers & Ornaments
- Fruit Plants
- Nursery Crops
- Other Applications
- Y-o-Y Growth Analysis, By Application
- Market Attractiveness Analysis, By Application
- Market Share Analysis, By Application
On the basis of geographical analysis, the global market is segmented under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Greenhouse Irrigation Systems market was dominated by Asia-Pacific, with the overall market share of over 37% globally. Asia-Pacific market was followed by Europe. Asia Pacific was also predicted to show highest growth rate in the coming few years, due to the increase in the area being devoted for greenhouses in the region. For more of regional analysis check out the following reports.
- North America Greenhouse Irrigation Systems Market
- Europe Greenhouse Irrigation Systems Market
- Asia-Pacific Greenhouse Irrigation Systems Market
- Latin-America Greenhouse Irrigation Systems Market
- Middle east and Africa Greenhouse Irrigation Systems Market
Some of the major companies dominating the market, by their products and services include Netafim Ltd., Rivulis Irrigation Ltd., Jain Irrigation Systems Ltd., Valmont Industries Inc., The Toro Company, Lindsay Corporation, EPC Industries Limited, Rain Bird Corporation, Nelson Irrigation Corporation, Irritec S.P.A.
The Global Greenhouse Irrigation Systems Market study offers the following deliverables:
- Global, regional and country-level analysisÂ and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
- Segment-level analysisÂ on basis of type, application along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challengesÂ (DROC)Â in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porterâ€™s Five Forces Analyses
- A comprehensive listing of key market playersÂ along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysisÂ listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along withÂ Investment opportunitiesÂ to provide both individuals and organizations a strong financial foothold in the market
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