About Greenhouse Irrigation System
Greenhouse irrigation systems provide the optimum use of water by eliminating wastage across greenhouse farms. In recent years, farmers are unable to cope up with irregular climatic conditions which result in the development of greenhouse irrigation systems globally. Additionally, various countries government support farmers to adopt greenhouse agriculture. This, in turn, the major driving agent in the growth of the greenhouse irrigation system market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.9% |
Competition among existing players is due to the Greenhouse Irrigation System market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Greenhouse Irrigation System Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Greenhouse Irrigation System market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The Toro Company (United States), Lindsay Corporation (United States), Netafim Ltd. (Israel), Rivulis (Israel), Jain Irrigation Systems (India), Valmont Industries Inc. (United States), Richel Group (France), Rain Bird Corporation (United States), EPC Industries Limited (India), Nelson Irrigation Corporation (United States) and Irritec S.p.A. (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Eshwar Industries (India), Valmont Industries (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Greenhouse Irrigation System market by Type (Drip Irrigation Systems, Sprinkler Irrigation Systems, Boom Irrigation Systems and Capillary Irrigation System), Application (Vegetables, Flowers & Ornamentals, Fruit Plants and Nursery Crops) and Region.
On the basis of geography, the market of Greenhouse Irrigation System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Greenhouse Type, the sub-segment i.e. Small will boost the Greenhouse Irrigation System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Power Source Type, the sub-segment i.e. Renewable will boost the Greenhouse Irrigation System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Smart Irrigation System and Surge in Greenhouse Areas
Market Growth Drivers:
Need to Focus Efficient Use of Water in Agriculture Sector Globally and Increasing Disposable Income and Rising Number of Population across the World
Challenges:
Lack of Technical Manpower in Developing Economies and High Set-Up Cost
Restraints:
High Maintenance Cost of Greenhouse Irrigation System
Opportunities:
Increasing Demand of Better Quality Crops, Optimum Plant Growth and Yield in both Developing and Developed Nations and The Growth in Adoption of Innovative and Various Farming Solutions Globally
Market Leaders and their expansionary development strategies
In March 2021, Netafim, the global leader of precision irrigation solutions and agricultural projects and part of the Orbia community of companies, announced that it has signed a definitive agreement to acquire Dutch turnkey greenhouse projects provider Gakon.
In October 2023, Netafim India, a leading smart-irrigation solution provider, has launched its groundbreaking product, Toofan, an innovative irrigation technology that promises to transform farming for growers of all scales. Through this product, the company aims to cover 25,000 ha of land and reach 35,000 farmers by 2025 across India to revolutionize sustainable farming.
Key Target Audience
Irrigation System Manufacturers, Irrigation Contractors, Water Purveyors, Agricultural Equipment Manufacturers, Farmers, Smart Irrigation Technology Providers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.