The market for Boom Irrigation Systems is expected to reach XX Bn in 2025.
Growing demand for food production is one of the most serious concerns facing the overall agriculture industry. Subsequently, it has become essential to use advanced agriculture techniques so as to ensure optimum crop cultivation, irrespective of the climatic conditions. This has led to the immense adoption of greenhouses and polytunnels that facilitate crop cultivation irrespective of climatic conditions. With the ever-rising population and corresponding demand for food, advanced agriculture, as well as irrigation techniques, are estimated to exhibit strong demand in the following years.
Boom irrigation refers to a traveling system equipped with multiple pipes and sprayers. The system is designed to apply water by moving over the plants. Using boom irrigation facilitates uniform water application, which in turn results in healthy plant growth needed to apply water by moving over the plants. Using boom irrigation facilitates uniform water application, which in turn results in healthy plant growth. Due to their ease of operation, uniformity, and efficiency, boom irrigation systems are estimated to register strong growth over the forecast period. Similarly, with the rising adoption of greenhouse farming, the demand for boom irrigation is expected to escalate in the following years. Nevertheless, the high installation cost of these systems may hamper the market growth.
The report titled "Global Boom Irrigation Systems Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global boom irrigation systems market along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of market segments based on application and a cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report includes a section providing insights into the key trends followed in the market.
The report also includes competitive profiling of the leading boom irrigation systems vendors, their business strategy analysis, market positioning, and key developments to assist strategic decision-makers.Some of the major players profiled in the report are Jain Irrigation Systems Ltd., Netafim Ltd., Rivulis Irrigation, Nexus Corporation, Valmont Industries, Inc., Senninger (Hunter Industries), HOVE International, Inc., ORMA Srl, Irrigation Accessories Company, and several others. Apart from the company profiles, the report includes a section covering the competitive landscape, wherein the market positioning of the companies is discussed. The section also provides an overview of the key business strategies employed by the leading market participants.
Overall, the research study provides a holistic view of the global boom irrigation systems market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.
The vegetable and fruit crops segment led the overall boom irrigation systems market in 2016. The segment accounted for more than fifty percent of the total boom irrigation systems market revenue generated worldwide. Boom irrigation systems are commonly used in greenhouses and polytunnels. Due to their higher cultivation as compared to other crops, vegetable and fruit crops are the most prominent applications for boom irrigation systems. The vegetables and fruits segment would continue to dominate the market over the forecast period, owing to the growing overall greenhouse farming practices.
In the following years, the nursery crops and herbs segment is projected to register the highest growth. Greenhouses are highly suitable for cultivating various herb crops, irrespective of climatic conditions. Upcoming facilities for cultivating herb crops would generate substantial demand for related greenhouse irrigation systems over the forecast period.
The overall boom in the irrigation systems market is dominated by the Asia-Pacific region. As of 2016, the region accounted for more than forty percent of the overall market revenue generated worldwide. The market here is primarily supported by China and Japan, with a strong greenhouse cultivation trend. China is home to numerous domestic boom irrigation system vendors, thereby supporting the market's growth.
Due to modernizing agricultural practices, India is set to emerge as a highly lucrative market for boom irrigation in the following years. Further, the RoW region is heavily supported by countries and regions such as North Africa, Turkey, Israel, and other Middle East countries. Due to harsh climatic conditions, greenhouse farming plays a significant role across these regions.
The market for Boom Irrigation Systems is expected to reach XX Bn in 2025.
The Boom Irrigation Systems market is expected to see significant CAGR growth over the coming years, at 7.6%.
The report is forecasted from 2017-2025.
The base year of this report is 2016.
Jain Irrigation Systems Ltd.,Netafim Ltd.,Rivulis Irrigation,Nexus Corporation,Valmont Industries, Inc. are some of the major players in the global market.