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(MoneyNewsWire.Net, August 30, 2017 ) Middle East and Africa Greenhouse Irrigation Systems Market is valued at USD 63.4 million in 2016 and expected to be growing at a CAGR of 10.75%, with a projected market of USD 105.65 million in 2021. The market is expected to show evident potential in the forecast period. The market continues to build momentum with increasing demand for high yielding crops and growing awareness about the benefits for greenhouse irrigation systems among farmers.
Greenhouse Irrigation System market can be attributed as the market comprising of various types of irrigation systems used in a greenhouse. Greenhouses are usually used to provide favourable climatic conditions to plants. The plants which are cultivated in greenhouse demand adequate quantity of water to maintain high yield and appropriate growth. In a greenhouse, common irrigation techniques used are boom irrigation, drip irrigation etc.
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New developments in technology and increase in greenhouse covered areas have created an opportunity for this market to show huge potential in the agricultural industry. Other key drivers for the greenhouse irrigation system market include, focus on water usage efficiency, better quality & yield of crops, demand for varied crops round the year, and rising population which has resulted in increased demand. The challenges and restraints related to the market are lack of technical knowledge, high maintenance cost, and huge initial investments. These few factors have been responsible for holding back the market from reaching its actual potential.
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Middle East & Africa Greenhouse Irrigation Systems Market is segmented based on type and application. By type, the market is segmented into drip irrigation system, micro sprinkler irrigation system and boom irrigation system. The market which was dominated by drip irrigation systems in 2016 is likely to lead the market by 2021. Based on application, market include, vegetables, fruit plants, nursery crops and flowers & ornaments. Vegetable segment is currently leading the overall market share. On the basis of geographical analysis, the Middle East & Africa market is segmented under two regions namely Middle East and Africa.
The major companies in the greenhouse irrigation systems industry includes Rivulis Irrigation Ltd., Netafim Ltd., Jain Irrigation Systems Ltd., The Toro Company, Valmont Industries Inc., Lindsay Corporation, Rain Bird Corporation, EPC Industries Limited, Irritec S.P.A, Nelson Irrigation Corporation.
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