Market Insights
The rising population worldwide has resulted in the ever-increasing demand for food products. Additionally, growing water scarcity issues and uncertain/unfavorable climatic conditions are other major challenges for the agriculture sector. As a result, people are now turning towards advanced farming practices to overcome these challenges and increase agricultural yield. Greenhouses are structures made of glass/plastic used to cultivate various crops such as vegetables, fruits, flowers, and others. These structures can provide 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 greenhouse applications. These include various irrigation systems such as sprinklers and micro-sprinklers, drip irrigation, and boom irrigation. Since farming is carried out under controlled climatic conditions, the water requirement for the plants is relatively less. This makes drip irrigation systems the most suitable irrigation technique in greenhouse structures.
The greenhouse irrigation systems market is mainly fueled by modernizing agriculture practices worldwide. Due to the rising population and food requirements 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 greenhouse structures. However, the high initial and maintenance costs of this structure are a major concern for market growth. This is the most significant hindrance to the greenhouse irrigation systems market.
The report titled “GlobalGreenhouse Irrigation Systems Market- Growth, Share, Opportunities and Competitive Analysis, 2015 – 2022” offers strategic insights into the global greenhouse irrigation systems market along with the market size and estimates for the duration of 2013 to 2022. The said research study covers an in-depth analysis of multiple market segments based on product types, applications, and cross-sectional studies across different geographies. The greenhouse structure is considered under the scope of both glass-made as well as plastic-made structures. The study covers the comparative analysis of different segments for 2014 & 2022. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.
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. 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., Eurotrip 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 2022.
- Keeping in mind the above-mentioned factors.
Product Type Segmentation Analysis
The greenhouse irrigation systems market is broadly classified based on product types into the following:
- Sprinkler & Micro Sprinkler Irrigation Systems
- Drip Irrigation Systems
- Boom Irrigation Systems
The greenhouse irrigation systems market dominated 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 requires lesser water as compared to open land farming. Additionally, the water losses in greenhouse structures are also low compared to the open land. This makes drip irrigation systems the most suitable form of 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 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 will continue its steady growth during the forecast period.
Application Segmentation Analysis
Based on end-use applications, the greenhouse irrigation systems market is segmented into the following categories:
- Vegetable & Fruit Crops
- Flower & Ornamental Crops
- Others (Nursery Crops, Herbs, etc.)
As of 2014, the global greenhouse irrigation systems market dominated 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 the 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, and lettuce.
Further, the other segment is estimated to witness the highest growth in the global greenhouse irrigation systems market in the coming years. The others segment mainly comprises nursery crops and herbs. Greenhouses are highly suitable for the 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 have been popularly cultivated in the greenhouses for several years. Thus, the segment is expected to register moderate growth in the global market during the forecast period.
The global greenhouse irrigation systems market has been segmented, based on geographical regions, as per the following regions and countries:
- North America
- Europe
- Germany
- France
- Italy
- U.K.
- Russia
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
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 requirements. 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 2022.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.
