Global Greenhouse Irrigation System Market is Estimated to be Worth $1,185.3 Million by 2019, at a CAGR of 10.2% From 2014 to 2019
Jun 15, 2015, 10:31 ET
FORT WORTH, Texas, June 15, 2015 /PRNewswire/ --
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.
Browse through the TOC of global greenhouse irrigation system market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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Greenhouse irrigation system demand globally has mainly been influenced by the changing and interconnected aspects, such as economic growth, population, growth of agriculture sector, government policies, prices, and production. Greenhouse irrigation system market held a share of 24.7% of the total greenhouse irrigation system market. Greenhouse technology can make a non-agrarian nation self-sufficient in terms of its agricultural needs. Hence, the regulatory bodies of many countries are taking steps towards generating awareness about this technology and are providing grants and subsidies for the promotion of greenhouse technology. The most preferred greenhouse irrigation system globally is drip irrigation system.
Asia-Pacific is the major market, acquiring 64.9% of the total global market revenue in the year 2014. North America is an emerging market in the global greenhouse irrigation system industry.
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This market is segmented and forecasted on the basis of types of greenhouse irrigation system, such as drip irrigation, micro sprinkler irrigation, boom irrigation, and others. It is also segmented on the basis of applications, such as vegetables, flowers & ornamentals, nursery crops, fruit plants, and others. The market is further segmented and forecasted on the basis of major regions, such as North America, Asia-Pacific, Europe, and Rest of the World.
This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and inhibitors. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide well intervention services.
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