greenhouse-irrigation-systems-market

Greenhouse Irrigation Systems Market By Type (Sprinkler & Micro Sprinkler Irrigation Systems, Drip Irrigation Systems, Boom Irrigation), By Application (Vegetable & Fruit Crops, Flower & Ornamental Crops) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2024

21 Apr 2016 Format PDF icon PPT icon XLS icon Request Sample

Rising population worldwide has resulted into the ever-increasing demand for food products over the period of time. Additionally, growing water scarcity issues coupled with uncertain/unfavorable climatic conditions is another major challenge for the agriculture sector. As a result, people are now turning towards advance farming practices as an effort to overcome these challenges and increase agricultural yield. Greenhouses are structures made of glass/plastic used for cultivation of various crops such as vegetables, fruits, flowers and others. These structures are capable of providing excellent climate control making crop cultivation easier irrespective of the regional climate.

Greenhouse irrigation systems refer to the subset of micro irrigation systems used specifically for the greenhouse application. These include various irrigation systems such as sprinklers and micro sprinklers, drip irrigation and boom irrigation. Since farming is carried under controlled climatic condition, the water requirement for the plants is relatively less. This makes drip irrigation systems the most suitable form irrigation technique in the greenhouse structures.

The greenhouse irrigation systems market is mainly fueled by the modernizing agriculture practices worldwide. Due to rising population as well as the food requirement worldwide, the adoption of greenhouse structures is expected to expand significantly in the coming years. This in turn is expected to boost the demand for irrigation systems designed specifically for the greenhouse structures. However, high initial and maintenance costs of these structure is major concern for the market growth. This is the most significant hindrance for the greenhouse irrigation systems market.

The report titled “GlobalGreenhouse Irrigation Systems Market- Growth, Share, Opportunities and Competitive Analysis, 2015 – 2023” offers strategic insights into the global greenhouse irrigation systems market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on product types, applications and cross-sectional study across different geographies. The greenhouse structure considered under the scope both glass-made as well as plastic-made structures. The study covers the comparative analysis of different segments for the years 2014 & 2023. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help strategic decision makers, the report also includes competitive profiling of the leading greenhouse irrigation system manufacturers, their SCOT (Strength, Challenges, Opportunities and Weaknesses) analysis, market positioning and key developments. Some of the major players profiled in the report are Jain Irrigation Systems Ltd., Netafim Ltd., Lindsay Corporation, The Toro Company, T-L Irrigation Company, Nelson Irrigation Corporation, Hunter Industries, Inc., Eurodrip SA and others. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the irrigation systems industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global greenhouse irrigation systems market, offering market size and estimates for the period from 2015 to 2023, keeping in mind the above mentioned factors.

Product Type Segmentation Analysis

The greenhouse irrigation systems market was dominated by the drip irrigation systems segment in 2014. The segment accounted for a market share, in terms of revenue, of more than forty percent of the total market revenue. Greenhouse farming require lesser water as compared to the open land farming. Additionally, the water losses in greenhouse structures is also low as compared to the open land. This makes drip irrigation systems the most suitable form irrigation method in these structures. As a result, the segment is estimated to retain its dominant position in the market throughout the forecast period.

However, the boom irrigation segment is estimated to register the highest growth in the market during the forecast period. The penetration of boom irrigation systems is currently low. This is majorly due to their high cost and technical complication as compared to the drip and sprinkler systems. Nevertheless, these irrigation systems offer better precision and can be used to supply fertilizers to the plants using the same equipment. As a result, the segment is expected to witness the highest growth in the coming years. Further, the sprinklers and micro sprinklers segment is expected to continue its steady growth during the forecast period.

Application Segmentation Analysis

As of 2014, the global greenhouse irrigation systems market was dominated by the vegetable and fruit crops segment. The segment contributed to more than fifty percent of the total revenue generated worldwide. Greenhouses are highly appropriate for cultivating different vegetables and fruits irrespective of the climatic conditions. Due to strong demand for these food products, the segment is expected to retain its dominant position in the market throughout the forecast period. Some of the most popular vegetable crops cultivated in greenhouses include cucumbers, basil,tomatoes, lettuce and others.

Further, the others segment is estimated to witness the highest growth in the coming years in the global greenhouse irrigation systems market. The others segment mainly comprises nursery crops and herbs. Greenhouses are highly suitable for production of various herb crops. Thus, the adoption of greenhouses for cultivating herbs is expected to soar significantly in the coming years. Consequently, the demand for greenhouse irrigation systems for herbs is predicted to rise significantly during the forecast period. The flowers & ornamental crops are popularly being cultivated in the greenhouses since past several years. Thus, the segment is expected to register moderate growth in the global market during the forecast period.

Geography Segmentation Analysis

The global greenhouse irrigation systems market is dominated, in terms of revenue, by the Asia Pacific region. As of 2014, the region contributed to over one third of the total market revenue generated worldwide. The Asia Pacific greenhouse irrigation systems market is majorly backed by China and Japan. These counties have strong penetration of greenhouses thereby driving the demand for irrigation systems.

Greenhouse farming penetration is witnessing strong growth in India owing to rising population and food production requirement. As a result, the Asia Pacific segment is expected to retain its dominant position in the market throughout the forecast period. The region is projected to expand with the highest CAGR of 9.9% from 2015 to 2023.

The RoW region too is estimated to register strong growth in the global greenhouse irrigation systems market. The market is majorly driven by North Africa, Turkey, Israel and other Middle East countries. North America and Europe are expected to witness steady growth in the market during the forecast period.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Greenhouse Irrigation Systems market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Greenhouse Irrigation Systems market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Product Type
  • Sprinkler & Micro Sprinkler Irrigation Systems
  • Drip Irrigation Systems
  • Boom Irrigation Systems

Application
  • Vegetable & Fruit Crops
  • Flower & Ornamental Crops
  • Others (Nursery Crops, Herbs etc.)

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Greenhouse Irrigation Systems market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Greenhouse Irrigation Systems market?
  • Which is the largest regional market for Greenhouse Irrigation Systems market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Greenhouse Irrigation Systems market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Greenhouse Irrigation Systems market worldwide?
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