Global Greenhouse Irrigation System Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Greenhouse Irrigation System Market 2021 (Includes Business Impact of COVID-19)
Global Greenhouse Irrigation System Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global greenhouse irrigation system market report has been segmented on the basis of form, function, application, and region.
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The global Greenhouse Irrigation System market size was valued at USD$ 1.21 billion in 2020 and is projected to reach USD$3.19 billion by 2030, and is anticipated to expand at a CAGR of 10.19% over the forecast period from 2020 to 2030.


Global Greenhouse Irrigation System Market: Overview


The greenhouse is a type of structure made up of the walls and roofs by using transparent material and plants are cultivated within the structure by maintaining temperature and other environmental conditions required for the growth of these plants. The irrigation system is a systematic distribution of water in a controlled way in order to avoid wastage and overuse of the water. The greenhouse irrigation system is type irrigation systems which are used especially for the greenhouse agricultural application.


Global Greenhouse Irrigation System Market: Dynamics


Increasing food requirement worldwide along with a growing population is a major factor driving growth of the global market. In addition, raising awareness regarding environmental concerns associated with wastage of water and uncertain climatic conditions is resulting in high adoption of greenhouse irrigation system globally. Moreover, increasing adoption of the greenhouse irrigation system in developing countries such as China and India is attributable to growing production of fruits and vegetables. This is another factor expected to augment growth of the target market. Furthermore, in order to increase production efficiency, various greenhouse experiments were conducted by using various irrigation methods such as plastic film mulching irrigation (PF), furrow irrigation (FI), and micro-sprinkler irrigation (MS) at Experimental Station, China Agricultural University, and Beijing.

However, the high cost associated with the setup and maintenance of the infrastructure may hamper growth of the global market.


Global Greenhouse Irrigation System Market: Segmental Analysis


Among the type segments, the drip irrigation systems segment is projected to account for a considerable share in terms of revenue in the global market.

Among the application segments, the vegetable & fruit crops segment is expected to register significant growth, owing to the high consumption of such products across the globe.


Global Greenhouse Irrigation System Market: Regional Analysis


The Asia Pacific greenhouse irrigation system market is expected to dominate the global market and continue its dominance, owing to strong penetration of greenhouses which is resulting in demand for the irrigation system.

In addition, an emerging country such as China and India, the adoption of greenhouse irrigation is anticipated to increase significantly, owing to the requirement of high production of food products coupled with a huge base of population. This is one of the key factor propelling growth of the target market in this region. For instance, according to the document published by India Brand Equity Foundation(IBEF), During 2017-18, production of food grain is estimated to record around 284.83 Mn tons the and for the year 2018-19, Government of India is targeting production of food grain of approximately 285.2 Mn tons.


Below are the active patents related to Greenhouse Irrigation System Market.


Patent Number: CN205143055U

Little sprinkler irrigation system in greenhouse

Abstract

The utility model discloses a little sprinkler irrigation system in greenhouse, including controller, temperature and humidity sensor, soil moisture sensor, amplifier, AD converter, track, water supply system, motor, reduction gear, sprinkling irrigation host computer, balance arm and spray tube, water supply system includes pond, water pump and water pipe, and the water pipe hangs on the track through the support frame, temperature and humidity sensor is connected with the controller, the soil moisture sensor connects gradually with amplifier, AD converter and controller, the controller is provided with data acquisition module, data relatively module, timing control module, alarm module, LED display module. The utility model discloses a detect the environment in the greenhouse, through the demand sprinkling irrigation of difference, still can set for the automatic sprinkling irrigation time, saved the manpower greatly.

Application File Date: 2015-11-24

Application Granted Date: 2016-04-13

Current Assignee: JIANGSU GUYI AGRICULTURAL SCIENCE AND TECHNOLOGY Co Ltd

Patent Number: US20110238229A1

Irrigation System with Soil Moisture Based Seasonal Watering Adjustment

Abstract

A soil moisture based irrigation system includes a stand alone irrigation controller with a seasonal adjust feature and a stand alone weather station including at least one soil moisture sensor. The soil moisture based irrigation system further includes a stand alone soil moisture control unit operatively connected to the irrigation controller and the soil moisture sensor. The soil moisture control unit includes programming configured to calculate an estimated soil moisture requirement value using a signal from the soil moisture sensor and to automatically modify a watering schedule of the irrigation controller through the seasonal adjust feature based on the estimated soil moisture requirement value to thereby conserve water while maintaining plant health.

Application File Date: 2011-06-06

Application Granted Date: 2014-02-25

Current Assignee: Hunter Industries Inc

Patent Number: US9241451B2

Methods and systems for irrigation control

Abstract

A wireless system is provided for monitoring environmental, soil, or climate conditions and/or controlling irrigation or climate control systems at an agricultural or landscape site. In some embodiments, the wireless system includes at least one wireless nodes for monitoring environmental, soil, or climate conditions and/or for controlling one or more irrigation or climate control systems at the site. The wireless system also includes a server computer system located remotely from the site. The server computer system is coupled to the node/s over a communications network for receiving data from and controlling operation of the node/s. The server computer system is also coupled to a device operated by an end-user over a communications network for transmitting the data to and receiving remote control commands or queries from the end-user.

Application File Date: 2014-08-22

Application Granted Date: 2016-01-26

Current Assignee: Rain Bird Corp

Global Greenhouse Irrigation System Market Segmentation:

Segmentation by Type:

  
Sprinkler & Micro Sprinkler Irrigation Systems
  
Boom Irrigation Systems
  
Drip Irrigation Systems

Segmentation by Application:

  
Flower & Ornamental Crops
  
Vegetable & Fruit Crops
  
Others (Nursery Crops, Herbs)


Key Market Players included in the report:


  
Crane Garden Buildings
  
Delta irrigation LLP
  
EPC Industries Limited (India)
  
FarmTek
  
FlyBird Farm Innovations Pvt. Ltd
  
Irrigation Direct Canada
  
Irritec S.p.A (Italy)
  
Jain Irrigation Systems Limited (India)
  
Lindsay Corporation (U.S.)
  
Micro Grow Greenhouse Systems
  
Nelson Irrigation Corporation (U.S.)
  
Netafim Ltd (Israel)
  
Nigma Holding & Projects Management LTD.
  
Novedades Agrícolas S.A.
  
Rain Bird Corporation (U.S.)
  
Richel Group
  
Rivulis Irrigation Ltd. (Israel)
  
Rough Brothers Inc.
  
Samriddhi By Mahindra
  
The Toro Company (U.S.)
  
Valmont Industries Inc.


Below are the key development related to Greenhouse Irrigation System Market in 2020 and 2021.


June 2021: Ingersoll Rand to Acquire Maximus. Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, has entered into an agreement to acquire Maximus, a provider of digital controls and Industrial Internet of Things (IIoT) production management systems for the agritech market. The all-cash transaction, valued at CAD$135.4 million, is expected to close in Q3 upon obtaining required regulatory approvals. Upon transaction close, Maximus will join the PST segment. Smart, connected products, digital capabilities and technology are core to our growth and announcement delivers on our commitment to deploy capital in pursuit of this strategy. said Vicente Reynal, chief executive officer of Ingersoll Rand. “Maximus has built significant expertise in controls and IIoT technology that aligns well with Ingersoll Rand and our current brands. Leveraging Ingersoll Rand Execution Excellence (IRX) will help drive additional innovation and significant synergies with Dosatron and other PST brands. This acquisition is expected to generate significant value for our stockholders. The Maximus System is a centralized controller and IIoT platform which connects to farm devices and simplifies facility management. The System tracks the state of farm infrastructure and automates tasks based on artificial intelligence (AI) logic. Based in Montreal, Canada, Maximus has approximately 100 employees and annual revenue of approximately CAD$40 million. The company has experienced greater than 30% revenue CAGR over the past five years, and is expecting strong double digit growth over the next five years. In 2021 Maximus is expected to achieve Adjusted EBITDA margins in line with current PST segment levels, and Ingersoll Rand expects to achieve meaningful margin improvement and a high single digit post-synergy EBITDA multiple (excluding flow through from organic growth) by the end of year three of ownership. Our Dosatron® brand is a worldwide leader in animal health and irrigation markets with its energy efficient, water-powered dosing technology and now we will offer a fully connected solution for customers when we add it to the Maximus digital controller system,” said Nick Kendall-Jones, president of the Precision and Science Technologies segment. “The agritech market is expected to grow double digits annually over the next five years and with a large opportunity for market penetration and little to no customer overlap, we believe we have a winning strategy to leverage both Dosatron and Maximus channels to drive growth. Maximus brings extensive knowledge in animal health applications and its products can be used in other critical applications of the agritech market, including greenhouse (indoor irrigation) and industrial and rural water treatment markets in conjunction with the existing Ingersoll Rand PST product lines of ARO® and Milton Roy®. Source

March 2021: AgTech Leader Netafim, an Orbia company, to acquire Dutch Greenhouse Company Gakon Horticultural Projects to Meet Growing Demand for Local Food Production in All Climates
Tel Aviv Israel, March 8th, 2021, Netafim, the global leader of precision irrigation solutions and agricultural projects and part of the Orbia community of companies, announced that it has signed a definitive agreement to acquire Dutch turnkey greenhouse projects provider Gakon. Netafim has been active for several decades in the greenhouse market and is now expanding its offering in the production and supply of top-tier greenhouse projects to meet the increasing demand for the most advanced farming methods. Driven by growing populations, the call for sustainable agriculture and increasing concern over food security there has been a surge of interest in locally grown fresh produce. Netafim will provide growers with a comprehensive offering of the best greenhouse technologies, structures, irrigation, fertigation, and crop growing expertise as well as other ag related services to enable farmers to maximize productivity and efficiency in all climate conditions. The acquisition is synergetic, combining Netafim’s global presence and expertise in precision agriculture and Gakon’s advanced greenhouse technology. Source

September 2020: Temasek to acquire majority stake in Israeli micro-irrigation firm Rivulis. Singapores investment company, Temasek, has signed an agreement to acquire a majority stake in Rivulis, an Israel-headquartered provider of global micro-irrigation products and solutions. Source