High Growth Potential In Greenhouse Irrigation System Offers Opportunities To Market Leaders In The Industry

The Global Greenhouse Irrigation System Market is estimated to grow from $730.7 million in 2014 to $1,185.3 million by 2019, at a CAGR of 10.2% from 2014 to 2019

The greenhouse irrigation system is growing in the global market. The insufficiency of natural rainfall to support crops, a rapid increase in population, and industrialization have made new and efficient irrigation system a necessity.  Though the cost is high and the installation of greenhouse irrigation systems needs resources, the need to increase the productivity and the quantity of vegetables and fruits produced by irrigation has increased the demand for the greenhouse irrigation systems.

Insufficiency of natural rainfall to support crops, a rapid increase in population, and industrialization have made irrigation a necessity. Irrigation of different types has been practiced since ancient times. But for a better water resource management and for better crop production, various new technologies have entered the irrigation market. These new technologies formed two major irrigation systems viz. mechanized irrigation system and micro irrigation system. Mechanized irrigation is majorly used for field crops on larger farms. On the other hand, micro irrigation system is widely used for horticultural crops in the open field and in the greenhouse.

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Greenhouse irrigation system can be defined as irrigation of greenhouse crops by supplying water to the surface through drip tubes or tapes, overhead sprinklers, and booms. It also can be understood as micro-irrigation systems for greenhouses. Here micro-irrigation system is the application of water on, above, or below the soil by different techniques, such as surface drip, micro-sprinkler, valves, emitters, and dippers. This system is used when there is a scarcity of labor or where a precise and frequent irrigation is needed without wastage of time and water.

Vegetables are the most promising application market for greenhouse irrigation system. Asia-Pacific is growing as the largest greenhouse land shareholder. The greenhouse irrigation system market has a significant share of flowers & ornamentals. The demand for decorative flowers is also increasing. To cater the need of the greenhouse irrigation system market, many firms are operationally active in different regions, which include Netafim (Israel), Rivulis Irrigation (Israel), Lindsay Corporation (U.S.), the Toro Company (U.S.), Jain Irrigation Systems Ltd. (India), EPC Industries Limited (India),   Rain Bird (U.S.),  Valmont Industries, Inc. (U.S.), Nelson Irrigation Corporation (U.S.), and Irritec Spa (Italy). To serve the growing market and gain profit, these firms have adopted strategies including collaborations, new product development, mergers & acquisitions, agreements, and partnerships. For instance, Rivulis Irrigation (Israel) acquired the irrigation division of Deere & Co. (U.S.) which will help it to expand its business in U.S.