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Latin America Greenhouse Irrigation Systems Market By Type (Drip Irrigation System, Micro Sprinkler Irrigation System And Boom Irrigation System), By Application (Vegetables, Flowers & Ornamentals, Fruit Plants And Nursery Crops), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecast (2022 to 2027)

Published: January, 2022
ID: 1731
Pages: 145

Latin America Greenhouse Irrigation Systems Market Size (2022 - 2027):

Latin America Greenhouse Irrigation Systems Market is currently estimated at USD 143 million in 2021 and is likely to witness a CAGR of 10.13% in the forecast period reaching USD xx million by 2026. The market is predicted to showcase the immense potential in the given forecast period with the rising demand for higher crop yields and rising awareness among farmers related to the benefits of greenhouse irrigation systems.

The Greenhouse Irrigation Systems market refers to various types of irrigation systems used in a greenhouse. Greenhouses are generally used in providing plants with favorable climatic conditions usually demand adequate water in maintaining better growth and high yield. The common techniques used for irrigation of greenhouses include boom irrigation, drip irrigation etc.

Drivers and Restraints:

Latest technological developments and increases in greenhouse-covered areas have created an opportunity for the market to gain momentum into the agricultural industry. Other major factors driving the greenhouse irrigation system market include a focus on water usage efficiency, better quality & yield of crops, demand for varied crops round the year, and rising population resulting in increased demand. The restraints and challenges faced by the market are high maintenance costs, huge investment in setting up, and lack of technical knowledge.

LATIN AMERICA GREENHOUSE IRRIGATION SYSTEMS MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

10.13%

Segments Covered

  • By Type

  • By Application

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

Regions Covered

  • Brazil
  • Argentina
  • Mexico

Market Leaders Profiled

Rivulis Irrigation Ltd., Netafim Ltd., Jain Irrigation Systems Ltd., The Toro Company, Valmont Industries Inc., Lindsay Corporation, Rain Bird Corporation, EPC Industries Limited, Nelson Irrigation Corporation, Irritec S.P.A.

Market Segmentation:

Latin America Greenhouse Irrigation Systems Market – By Type:

  • Boom irrigation system

  • Drip irrigation system
  • Micro-sprinkler irrigation system

The market was dominated by drip irrigation systems in 2016 and is expected the same by the end of 2021.

Latin America Greenhouse Irrigation Systems Market – By Application:

  • Flowers & ornaments
  • Vegetables
  • Fruit plants
  • Nursery crops

Out of these, the vegetables lead the overall market share on the basis of application.

Geographical Analysis:

Based on geography, the Latin American market is segmented under various regions namely

  • Brazil
  • Argentina
  • Mexico

Key Players:

The major players dominating the market, by their products and services include Rivulis Irrigation Ltd., Netafim Ltd., Jain Irrigation Systems Ltd., The Toro Company, Valmont Industries Inc., Lindsay Corporation, Rain Bird Corporation, EPC Industries Limited, Nelson Irrigation Corporation, Irritec S.P.A.

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