Top Competitors in the Greenhouse Irrigation System Market Revealed - Discover Market Shares and Global Presence
DUBLIN, Aug. 4, 2023 /PRNewswire/ -- The "Greenhouse Irrigation System - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Greenhouse Irrigation System Market to Reach $3 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Greenhouse Irrigation System estimated at US$1.5 Billion in the year 2022, is projected to reach a revised size of US$3 Billion by 2030, growing at a CAGR of 9.2% over the analysis period 2022-2030.
Drip Irrigation, one of the segments analyzed in the report, is projected to record 9.7% CAGR and reach US$1.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Micro Sprinkler Irrigation segment is readjusted to a revised 9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $387.7 Million, While China is Forecast to Grow at 12.2% CAGR
The Greenhouse Irrigation System market in the U.S. is estimated at US$387.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$672.4 Million by the year 2030 trailing a CAGR of 12.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 7.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.
Select Competitors
- EPC Industrie' Ltd.
- Irritec S.P.A.
- Jain Irrigation Systems Ltd.
- Lindsay Corporation
- Nelson Irrigation Corporation
- Netafim Ltd.
- Rain Bird Corporation.
- Rivulis Irrigation Ltd.
- The Toro Company
- Valmont Industries, Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Report Overview:
This report provides a comprehensive analysis of the greenhouse irrigation system market, focusing on various geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
It presents both recent past and current data, along with future projections up to 2030, for annual sales in US$ thousand and the compound annual growth rate (CAGR).
The report also includes historical reviews for the years 2014 to 2021. Additionally, it offers a 16-year perspective with a percentage breakdown of value sales for key regions in the years 2014, 2023, and 2030.
The analysis covers different types of irrigation systems, such as drip irrigation, micro sprinkler irrigation, and boom irrigation, and includes a separate examination of the market for vegetables, fruit plants, flowers & ornamentals, and nursery crops.
The data provides valuable insights into the market's performance, growth trends, and regional dynamics over the years.
For more information about this report visit https://www.researchandmarkets.com/r/39fe5p
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SOURCE Research and Markets
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