Asia-Pacific Greenhouse Irrigation Systems Market is estimated at USD 500 million in 2021 and is projected to grow at a CAGR of 11.12%, reaching USD 600 million by 2026. The market is forecasted to show significant potential in the mentioned period. With the increasing demand for higher yield in crops and raising awareness among farmers regarding the benefits of greenhouse irrigation systems, the market is likely to continue its momentum in market growth.
The Greenhouse Irrigation Systems market can be referred as to the market group comprising of different types of irrigation systems used in a greenhouse. Greenhouses are generally used in providing favorable climatic conditions to plants. These plants, cultivated in greenhouses require an adequate water supply to maintain high yield and better growth. In a greenhouse, irrigation techniques used commonly are drip irrigation, boom irrigation, etc.
Drivers and Restraints:
New technological advancements and the rise in greenhouse-covered areas are the biggest contributors for the market to make its way into the agricultural industry. Other major factors responsible for driving the greenhouse irrigation system market are demand for varied crops round the year, focus on water usage efficiency, better quality & yield of crops, and a rising population which results in increased demand. The market is also hindered by a few restraints related to the market that include high maintenance costs, huge investment in setting up, and lack of technical knowledge.
Micro-sprinkler irrigation system
The market was dominated by drip irrigation systems in 2016, and is expected the same by the end of 2021.
Out of these, the vegetable segment leads the overall market share on the basis of application.
On the basis of geographical analysis, the Asia-Pacific market is segmented under various regions namely
Major Key Players:
Some of the major companies dominating the market, by their products and services include Netafim Ltd., Nelson Irrigation Corporation, Rivulis Irrigation Ltd., Valmont Industries Inc., Jain Irrigation Systems Ltd., The Toro Company, EPC Industries Limited, Lindsay Corporation, Rain Bird Corporation, Irritec S.P.A.
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