The global greenhouse irrigation systems market size is expected to reach USD 1,500.90 million in 2024 and reach USD 2481.62 million by 2029, growing at a CAGR of 10.58% from 2024 to 2029.
The market is showcasing significant potential in the mentioned forecast period. The market continues to grow with the increasing demand for higher-yielding crops and raising awareness among farmers about the benefits of greenhouse irrigation systems.
The greenhouse Irrigation systems market can be referred to as the market comprising different types of irrigation systems used within a greenhouse. Greenhouses are used to provide plants with favorable climatic conditions. The plants cultivated in the greenhouse demand adequate water quantity to maintain better growth and high yield. In the greenhouse, common irrigation techniques include drip irrigation, boom irrigation, etc.
New technological developments and an increase in areas covered by the greenhouse have created an opportunity for the market to make a breakthrough in the agricultural industry. Other major drivers for the greenhouse irrigation system market include a global focus on water usage efficiency, demand for varied crops around the year, better quality & yield of crops, and rising population resulting in increased demand. The restraints and challenges related to the market include high maintenance costs, lack of technical knowledge, and huge investment in setup. These factors have been holding back the market from reaching its actual potential.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2029 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2029 |
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CAGR |
10.58% |
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Segments Covered |
On the basis of type, application, Based on types of irrigation systems |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Netafim Ltd., Rivulis Irrigation Ltd., Jain Irrigation Systems Ltd., Valmont Industries Inc., The Toro Company, Lindsay Corporation, EPC Industries Limited, Rain Bird Corporation, Nelson Irrigation Corporation, Irritec S.P.A. |
The market was dominated by drip irrigation systems in 2016 and is likely to dominate the market by the end of 2021. Based on segmentation by application, the sub-segments include vegetables, flowers & ornaments, fruit plants, and nursery crops. Out of these, the vegetable segment led the overall market share on the basis of application. On the basis of geographical analysis, the
The greenhouse irrigation systems market was dominated by Asia-Pacific, with an overall market share of over 37% globally. The Asia-pacific market was followed by Europe. The Asia Pacific was also predicted to show the highest growth rate in the coming few years due to the increase in the area being devoted to greenhouses in the region.
Some of the major companies dominating the market, by their products and services, include Netafim Ltd., Rivulis Irrigation Ltd., Jain Irrigation Systems Ltd., Valmont Industries Inc., The Toro Company, Lindsay Corporation, EPC Industries Limited, Rain Bird Corporation, Nelson Irrigation Corporation, Irritec S.P.A.
By Type
By Application
By Region
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