Greenhouse irrigation systems market, which include sprinklers, micro sprinkler, drip irrigation and boom irrigation, is estimated to see an expansion or 9% in the coming years. This is good news for the Green Industry and contractors.Â
The New Market Research Report published by Credence Research entitled, “Greenhouse Irrigation Systems Market – Growth, Share, Opportunities, Competitive Analysis and Forecast 2015 – 2022,” estimated to expand with a CAGR of 9.0% from 2015 to 2022 for the the global greenhouse irrigation systems market. This market stood at $448.6 million in 2014.
A Look at the Market
Greenhouse irrigation market includes irrigation systems used specifically for the greenhouse agriculture application. Greenhouses are built using glass as well as plastic materials that enable climate control. Due to effective climate control, water requirement in greenhouse farming is lesser in comparison to the open land farming. Greenhouses are smaller in size as compared to the traditional open land farming. Thus, micro sprinklers and drip irrigation are the most suitable types of irrigation systems for watering greenhouse plants.
The greenhouse irrigation systems market is largely spurred by rising population and need for food. The world population is expected to reach 8 billion by 2030, according to the United Nations. Resulting in a higher need for food production. Furthermore, requiring more greenhouses to meet this need. However, the the high cost of creating greenhouses may hinder the growth of the structures. This therefore hinders the growth of those irrigation systems needed.
Most of the companies in this market emphasize on developing more water efficient and less labor intensive irrigation systems in order to gain a competitive edge in the market. Distributors such as Rain Bird have released drip irrigation systems to meet the market needs.
The trends for the Greenhouse Irrigation Systems Market are:
- Enhancement of the drip irrigation systems through chemigation and fertigation
- Development of mobile micro sprinkler irrigation systems
- Focus on large untapped markets such as China and India
- Providing automated irrigation systems in order to make them less labor intensive
