Greenhouse Irrigation Market Booms with Precision Farming and Sustainability
According to a research report published by Spherical Insights & Consulting, the Global Greenhouse Irrigation System Market Size Expected to Grow from USD 1.25 Billion in 2023 to USD 3.31 Billion by 2033, at a CAGR of 10.2% during the forecast period 2023-2033.
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One technique for carefully supplying water to plants in a greenhouse is greenhouse irrigation. The objective is to minimize waste and evaporation while giving the plants the proper amount of water and nutrients. It saves water and nutrients by letting water slowly seep into plant roots through a conduit that is either positioned just above or buried beneath the soil’s surface. Furthermore, the necessity for year-round products, rising labor costs, and a growing focus on sustainability are some of the factors driving the enormous and increasing global market for greenhouse irrigation systems. Because of the expanding global population and rising health consciousness, there is a greater demand for fresh fruits, vegetables, and herbs. However, watering systems for greenhouses must complement the structure’s construction and design. It might be difficult to install irrigation systems in greenhouses that already exist, especially if the buildings are older or have unusual designs.
Browse key industry insights spread across 242 pages with 95 Market data tables and figures & charts from the report on the Global Greenhouse Irrigation System Market Size, Share, and COVID-19 Impact Analysis, By Type (Irrigation Systems, Drip Irrigation Systems, Capillary Irrigation Systems, and Boom Irrigation Systems), By Application (Flowers & Ornamentals, Vegetables, Nursery Crops, and Fruit Plants Vegetables), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
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The drip irrigation systems segment is expected to hold the largest market revenue share through the projected period.
Based on the type, the greenhouse irrigation system market is divided into sprinkler irrigation systems, drip irrigation systems, capillary irrigation systems, and boom irrigation systems. Among these, the drip irrigation systems segment is expected to hold the largest market revenue share through the projected period. Drip irrigation is a very effective way to manage water since it reduces water loss through evaporation or runoff and delivers water straight to plant root zones. Water consumption can be reduced by contrasting this targeted approach with more traditional watering methods like sprinklers or flood systems.
The vegetable segment is estimated to hold the largest market share through the forecast period.
Based on the application, the greenhouse irrigation system market is segmented into flowers & ornamentals, vegetables, nursery crops, and fruit plants. Among these, the vegetable segment is estimated to hold the largest market share through the forecast period. A greenhouse is a huge help when growing vegetables in the garden since it prolongs the growing season and even provides farmers with fresh vegetables in the winter and early spring. Complete control over the environment, plant nutrition, installation of CO2 and other required equipment, and automation of the production process are all made possible by greenhouses in particular.
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North America is estimated to hold the biggest share of the greenhouse irrigation system market over the predicted timeframe.
North America is accounted to hold the largest share of the greenhouse irrigation system market over the predicted timeframe. It is often recognized that North America leads the world in agricultural technology innovation, especially in the area of advanced irrigation systems. Prominent businesses in the region have been maximizing crop yields, reducing labor expenses, and conserving water by utilizing automation tools, sensors, and smart irrigation systems.
Asia Pacific is estimated to grow at the fastest CAGR growth of the greenhouse irrigation system market during the forecast period. Governments around the region have also recognized the importance of promoting protected cultivation through policy efforts. One of the government’s most prominent initiatives is the provision of low-interest loans and subsidies for the installation of advanced micro-irrigation systems.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the greenhouse irrigation system market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the Global Greenhouse Irrigation System Market are Rain Bird Corporation, The Toro Company, Valmont Industries, Lindsay Corporation, Netafim, Mahindra & Mahindra Limited, Rivulis Irrigation Ltd., Micro Grow Greenhouse Systems, Crane Garden Buildings, Jain Irrigation Systems Ltd., FlyBird Farm Innovations Pvt. Ltd, Irritec S.p.A., Nigma Holding & Projects Management LTD., irrigation Direct Canada, Delta Irrigation LLP., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In October 2023, toofan, a ground-breaking irrigation technology that promises to revolutionize farming for growers of all sizes, was introduced by Netafim India, a major provider of smart irrigation solutions, along with new drip technology for farmers.
- In December 2020, Temasek Holdings Limited, a global investment business, acquired the majority stake in Rivulis Irrigation Ltd., an Israeli irrigation technology company. With the acquisition, Temasek would be able to join the global sustainability scene and supply Rivulis’ micro irrigation portfolio to a variety of industries, such as mining, farming, landscaping, and others.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the greenhouse irrigation system market based on the below-mentioned segments:
Global Greenhouse Irrigation System Market, By Type
- Sprinkler Irrigation Systems
- Drip Irrigation Systems
- Capillary Irrigation Systems
- Boom Irrigation Systems
Global Greenhouse Irrigation System Market, By Application
- Flowers & Ornamentals
- Vegetables
- Nursery Crops
- Fruit Plants
Global Greenhouse Irrigation System Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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