Europe Outdoor & Greenhouse Irrigation System Market - Forecast(2023 - 2028)

Europe Outdoor & Greenhouse Irrigation System Market size in 2019 is estimated to be $747.3 million, growing at a CAGR of 10% during the forecast period 2020-2025. Outdoor & Greenhouse Irrigation System is a way to grow crops or plants within a greenhouse and by using various techniques. The outdoor & greenhouse irrigation system is being used to grow vegetables, flowers & ornamentals, fruit plants and nursery crops. Rise in demand and growing population are the major factors driving the growth of the market. Moreover, rising disposable income and advancement of R&D activities further enhance the overall market demand for Europe Outdoor & Greenhouse Irrigation System during the forecast period 2020-2025.

The report: “Europe Outdoor & Greenhouse Irrigation System Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Europe Outdoor & Greenhouse Irrigation System Market:

By Technology : Drip Irrigation System, Micro Sprinkler Irrigation System, Boom Irrigation System

By Crop Type : Vegetables, Flowers & Ornamentals, Fruit Plants, Nursery Crops

By Country : U.K, Germany, France, Italy, Spain, Rest of Europe

Based on the Technology, Europe Outdoor & Greenhouse Irrigation System Market is segmented into Drip Irrigation System, Micro Sprinkler Irrigation System, Boom Irrigation System. The Drip Irrigation System segment is forecast to be the fastest-growing segment and is projected to grow at a CAGR of 9.5% during the forecast period 2020-2025. The drip irrigation system is estimated to grow owing to factors such as government initiatives, water conservation activities, enhanced production and lower production costs which are contributing the growth of this market.

Based on the Crop Type, Europe Outdoor & Greenhouse Irrigation System Market is segmented into Vegetables, Flowers & Ornamentals, Fruit Plants, Nursery Crops. In 2019, vegetables segment held the largest share in the Europe Outdoor & Greenhouse Irrigation System Market. This is mainly owing to increasing demand for fresh and green vegetables produced in city environments with minimum space and less water utilization which are contributing to the growth of this segment.

U.K dominated the Market share accounting for 30% of the market in 2019. This is mainly owing to increasing growing population and increasing demand for more foods, improved food productivity and government initiatives towards the sustainable development goals.

There is a rise in demand of the Outdoor & Greenhouse Irrigation system market in Europe, owing to insufficient rainfall, a decrease in arable land, depletion of water resources, and an increasing population and an increase in food needs which are driving the growth of this market.

The high initial investments for setting up the outdoor & greenhouse irrigation system are challenging the growth of the market. Moreover, lack of awareness are further restraining its market growth during the forecast period 2020-2025.

Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Europe Outdoor & Greenhouse Irrigation System Market. Europe Outdoor & Greenhouse Irrigation System top 10 companies are Netafim Ltd, Rivulis Irrigation, Lindsay Corporation, The Toro Company, Jain Irrigation Systems Ltd, EPC Industries Limited, Rain Bird Corporation, Valmont Industries Inc, Nelson Irrigation Corporation, and Irritec S.p.A.