Greenhouse Drip Irrigation Systems Market - 2023-2030

Overview

Global Greenhouse Drip Irrigation Systems Market reached US$ 1.45 billion in 2022 and is expected to reach US$ 2.39 billion by 2030, growing with a CAGR of 6.5% during the forecast period 2023-2030.

The global greenhouse drip irrigation systems market has witnessed significant growth and transformations over the years, Farmers are adopting these technologies as they provide water and nutrients slowly and directly to the root zone, in sufficient amounts. This helps in increasing the absorption rate of roots, which helps in increasing crop productivity. Hence, such factors help in driving the global greenhouse drip irrigation systems market.

Furthermore, many governments are providing subsidies, and training programs for the farmers to help for the adoption of such technologies. For instance, the Telangana state government provided a Micro irrigation program that is being implemented under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) - Per Drop More Crop. This scheme provides subsidies for farmer's land holding up to 12.50 acres for drip irrigation/micro irrigation. The scheme provides a subsidy of 100% for all SC/ST farmers and 90% for BC farmers. Such schemes can help in increasing the adoption rate.

The filters and values segment accounts for over half of the market share. Similarly, the Asia-Pacific dominates the greenhouse drip irrigation systems market, capturing the largest market share of over 1/3rd. The region contains vast agricultural land and an increase in nursery farming. Australia remains the largest consumer as it contains 427 million hectares of agricultural land.

Dynamics

Growing Demand for Water-efficient Agriculture Practices

The Increase in demand for water-efficient agricultural practices is significantly increasing the demand for the usage of greenhouse drip irrigation systems. Farmers and agribusiness are adopting these technologies as they provide greater efficiency in drought reasons by providing adequate amounts of water directly to root systems. It also helps in improving plant growth and reduces water wastage. Such factors lead to an increase in the usage of greenhouse drip irrigation systems.

Furthermore, many manufacturing companies are producing innovative products in order to attract larger consumers. For instance, Netafim company has produced NetBow, a container irrigation ring with multi-outlet emitters with the features 8 of Netafim's high clogging-resistant Typhoon drippers that guarantee lower risk of clogging. This helps roots to develop in every square inch of the container including the top layer, where root development is critical, ensuring your crops reach their full growth potential and guarantee better ROI. Such products can help in increasing the adoption rate.

Government Intiatives

The farmers are showing more willingness to adopt this technology as it improves crop productivity by utilizing less amount of water, which helps in reducing the capital for water resources. Governments of many countries are recognizing the demand for greenhouse drip irrigation systems, and implementing policies, and programs in order to increase the adoption rate.

Furthermore, governments provide financial incentives such as subsidies, or low-interest loans to farmers to invest more in this technology. For instance, the government of India provided a National Mission for Sustainable Agriculture Scheme. Under this scheme 35% subsidy of the total cost of installation for small & marginal farmers & 25% subsidy of the total cost for other farmers in non-DPAP/DDP/NE&H regions. Such schemes can help in increasing the adoption rate.

Less Awareness

Lack of awareness about the benefits and functionality of greenhouse drip irrigation systems can cause a significant restraint to the adoption and growth of this technology. Some farmers are not aware of the benefits of drip irrigation and may adopt alternative technologies or traditional irrigation methods they are familiar with. which can hamper the market growth.

Furthermore, due to less awareness, farmers may not opt for the government schemes. For instance, Pradhan Mantri Krishi Sinchayee Yojana was launched by the Indian government, with the aim of enhancing physical access to water on farms and expanding cultivable areas under assured irrigation, improving on-farm water use efficiency, introducing sustainable water conservation practices, etc. It is an umbrella scheme, consisting of two major components being implemented by the Department of Water Resources, River Development & Ganga Rejuvenation. Hence, less awareness can cause declination in market growth.

Segment Analysis

The global greenhouse drip irrigation systems market is segmented based on components, power source, technology, distribution channel, farm, crop type and region.

Increase in Demand for Effective Farming

The filters and valves segment holds the maximum share in the global greenhouse drip irrigation systems market. Filters and values are highly being used in this technology as they help in monitoring the speed and preventing the clogging of systems and help in providing a sufficient amount of clean water. Hence, it leads to an increased adoption of greenhouse drip irrigation systems.

Furthermore, many manufacturing companies are launching innovative high-quality products in order to attract larger consumer bases. For instance, in May 2021, Netafim company has launched an AlphaDec filter. This product will protect irrigation systems against clogging caused by organic contaminants and enable growers to more uniformly irrigate crops, leading to better productivity, and cost savings. Such products help in increasing the usage of greenhouse drip irrigation systems.

Geographical Penetration

Vast Agricultural land and Increase in Nursery Farming

Asia-Pacific has been a dominant force in the global greenhouse drip irrigation systems market and its significance has only grown in the post-2020 era. The farmers in this region are highly adopting this technology to provide uniform distribution of water directly to the roots. This helps increase the efficiency, health and productivity of plants; hence it leads to an increase in the adoption rate in this region.

Furthermore, the presence of vast agricultural land in this region helps in increasing the adoption of greenhouse drip irrigation systems, as they provide high productivity and quality for the crops. For instance, according to the Department of Agriculture, Fisheries and Forestry report of 2023, Australia contains 427 million hectares of agricultural.

Additionally, the nursery industry in this region is increasing which helps increase the adoption of greenhouse drip irrigation systems. For instance, according to the Nursery Industry Statistics 2020-21 report, the Australian nursery industry is currently valued at approximately $2.8 billion. Hence, it can lead to an increase in the adoption rate in this region.

Competitive Landscape

The major global players in the market include Argus Control Systems Limited, Rough Brothers, Inc., LOGIQS BV, Netafim Ltd., Priva Holding BV, Richel Group, Ridder Holding Harderwijk BV, Top Greenhouses Ltd., SGS and Eurofins.

COVID-19 Impact Analysis

The pandemic has brought a negative impact on the distribution channel, as many companies are shut down due to government lockdown restrictions This has led to a limitation of availability of raw materials in the market which has led to a decrease in the global greenhouse drip irrigation systems market.

Furthermore, during the pandemic consumers started many indoor farming and nursery practices due to being health conscious and having free time, this has led to an increase in the adoption rate of greenhouse drip irrigation systems as they offer wide benefits. This has led positive impact on global greenhouse drip irrigation systems.

Russia-Ukraine War Impact Analysis

The ongoing conflict between Russia and Ukraine has brought a negative impact on the country's economy, many manufacturing companies have been shut down due to fewer exports, imports and lower employment rates. This has led to less availability of products in the market and decreased adoption rates.

Furthermore, agricultural practices were also disrupted due to the pollution caused by the war which had led to a decrease in adoption rate. People started investing more in traditional technologies compared to advanced technologies because of less availability and high product cost. This has led to a negative impact on the global greenhouse drip irrigation systems market.

By Components

• Spinners and Sprays
• Micro Sprinklers/ Emitters
• Regulators
• Drip Tape & Drip Lines
• Hoses
• Valves
• Others

By Power Source

• Renewable
• Non- Renewable

By Technology

• Drip Tube
• Poly Fittings and Accessories
• Emitters
• Pumps
• Control Head
• Filters and Valves
• Others

By Distribution Channel

• Company Stores
• E-Commerce
• Specialty Markets
• Others

By Farm

• Small Farms
• Medium Farms
• Large Farms

By Crop Type

• Vegetables & Fruits
• Flowers & Ornamentals
• Nursery Crops
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In April 2023, Rivulis Pte. Ltd. acquired which International Irrigation Business ("IIB") of Jain Irrigation. With this acquisition, Rivulis will lead the mass adoption of modern irrigation solutions and digital farming by growers and business partners to create an irrigation and climate leader globally.
• In January 2023, CropX Technologies acquired Tule Technologies, a precision irrigation company based in California. The acquisition is to bring new data capture technologies to the CropX Agronomic Farm Management System and expand its market in California drip-irrigated specialty crops.
• In November 2022, The Punjab government announced that it will give free solar systems for drip irrigation and sprinklers to farmers who own less than 12 acres of land in a bid to boost the agriculture sector of the province.

Why Purchase the Report?

• To visualize the global Greenhouse Drip Irrigation Systems market segmentation based on components, power source, technology, distribution channel, farm, crop type and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of Greenhouse Drip Irrigation Systems market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global Greenhouse Drip Irrigation Systems market report would provide approximately 81 tables, 92 figures and 186 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies