According to IMARC Group’s latest report, titled “Smart Irrigation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global smart irrigation market is expected to exhibit a CAGR of 14.5% during 2022-2027. A smart irrigation system comprises of advanced solutions for remote monitoring and automation of the irrigation process. These systems offer real-time assistance of watering units and minimize waterlogging, improve land fertility, and warn against potential natural hazards. A smart irrigation system primarily includes controllers, sensor-based sprinklers, and water meters to examine soil moisture, nutrient content, humidity, etc. The system mostly functions on sensor inputs and is widely implemented across greenhouses, open-field agricultural lands, landscapes, etc.
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The advent of automated, digital monitoring systems in the agriculture sector is primarily driving the market for smart irrigation systems. Moreover, the growing popularity of sensor- and AI-based irrigation sprinklers and dripping systems is also augmenting the market growth. Additionally, the introduction of numerous government initiatives to overcome several agricultural challenges and innovative training programs for farmers is further propelling the demand for smart irrigation systems. Besides this, the growing adoption of smart devices among farmers, coupled with the launch of various agriculture-related software applications offering automatic irrigation scheduling and remote monitoring, is also catalyzing the market growth. Furthermore, the development of solar-powered batteries and continuous upgradations in remote sensing and monitoring technologies are further expected to catalyze the smart irrigation market. Looking forward, IMARC Group expects the global smart irrigation market to continue its robust growth during the forecast period (2022-2027).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- AquaSpy, Inc.
- Banyan Water
- Caipos GmbH
- Delta-T Devices Ltd.
- Jain Irrigation
- Galcon Ltd.
- Hunter Industries Incorporated
- HydroPoint Data Systems
- Netafim Limited
- Rain Bird Corporation
- Soil Scout Oy
- The Toro Company
Smart Irrigation Market Segmentation:
Breakup by Component:
- Sprinkler Nozzles
- Water Flow Meters
Breakup by Technology:
- Soil Moisture
Breakup by Application:
- Open field
- Turf & Landscape
- Golf Course
Breakup by System Type:
- Weather-Based System
- Sensor-Based System
Breakup by Region:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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