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(MoneyNewsWire.Net, July 20, 2017 ) Market Data Forecast recently published a report on the North America Greenhouse Irrigation system Market which estimates the market to grow from USD 181.4 million from 2016 to USD 298.55 million by 2021 with a high CAGR of 8.57%.
Greenhouse irrigation system is a method of irrigation system which saves plenty of water when compare to other irrigation systems by using greenhouse. A greenhouse is a structure with roofs and walls made up of transparent components such as glass wherein plants are grown by setting up their required climatic conditions.
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To give an idea in depth, the major advantage of greenhouse system of irrigation is that it allows greater control upon the growing environment of plants. The most efficient method of irrigation is drip irrigation as it uses around 70% less water and also doubles the yield of the crops. This system reduces splashing, highly wetting the soil and diffuses the nutrients. Capillary mats are the most economical and highly efficient for watering the gardens as it ensures the required water reaches the roots of the plants. Internationally, most of the industrialized nations are spending a huge part of their GDP on developing irrigation facilities.
The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. Few factors analysed in the section are increasing demand for food products, unfavourable climatic conditions effects the crops directly, rising awareness regarding greenhouse system of irrigation, rise in the growth of greenhouse crops, requires less labour and high cost of installation and maintenance.
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The products are segmented based on type and application and studied for a deep-level understanding of the Greenhouse Irrigation System market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Based on Type:
Drip Irrigation System
Micro Sprinkler Irrigation System
Boom Irrigation System
Based on Application:
Vegetables
Flowers & Ornaments
Fruit Plants
Nursery Crops
Other Applications
North American Market is studied in geographic perspective by segregating the market shares between USA and Canada. The study identifies USA as the predominant market in the North American region and it holds well in the Global Market too.
As per the report, companies like Netafim Ltd., EPC Industries Limited, Rivulis Irrigation Ltd., Nelson Irrigation Corporation, Jain Irrigation Systems Ltd. and The Toro Company are contributing a fair share to the North American Greenhouse Irrigation System Market. However, due to advancements in the technology and increasing demand for quality fruits and vegetables there is an intense competition among the players in the market.
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Scope of the North America Greenhouse Irrigation System Market:
Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region
To detect major focus areas of industrial growth Segment-level analysis on basis of type, application, along with market size forecasts and y-o-y estimations are provided
Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
PESTLE and Porters Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape
Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Agricultural Segment:
North America Agricultural Testing Market: http://www.marketdataforecast.com/market-reports/north-america-agricultural-testing-market-2138/
North America Fertigation and Chemigation Market: http://www.marketdataforecast.com/market-reports/north-america-fertigation-and-chemigation-market-2283/
North America Center Pivot Irrigation Systems market: http://www.marketdataforecast.com/market-reports/north-america-center-pivot-irrigation-systems-market-1762/
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the clients research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well.
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