Global Greenhouse Irrigation System Market is Projected to Reach USD 1.3 Billion by 2020

Date: 2015-10-08

“The demand on, and importance of, agriculture has been significantly increasing over the decades. Agricultural process needs inputs, such as land, water, light, energy, fertilizer, machinery, and labor. The irrigation system market gained importance due to the increasing need for water harvesting and decreasing time and labor input for agriculture industry. Since the beginning of agriculture, farmers had to constantly cope with different climatic conditions. This led to the development of the greenhouse irrigation system market. Greenhouse technology provides favorable climatic conditions to plants. This technology can be understood as a building where plants are grown under controlled micro environment.

The global greenhouse irrigation system market is projected to reach USD 1.3 billion by 2020. In 2014, the market was dominated by Asia-Pacific, followed by Europe. The Asia-Pacific market is projected to grow at the highest CAGR owing to rapid growth in land area under greenhouses in the region.

The market has been segmented on the basis of application, type, and geography. Drip irrigation, micro sprinkler irrigation, and boom irrigation systems are the segments based on different types of greenhouse irrigation system. In 2014, drip irrigation held the largest share of the global greenhouse irrigation system market. On the basis of application, the market has been segmented into vegetables, flowers & ornamentals, nursery crops, and fruits plants. The vegetables application segment dominated the global greenhouse irrigation system market in 2014. The market has also been analyzed for the following regions: North America, Asia-Pacific, Europe, and rest of the world (RoW). Asia-Pacific has the largest land area under greenhouse irrigation system in 2014.

Contact With Us
Join templatemonster at google+
Customized Research
Request Sample