Smart Irrigation Market

According to a new report published by xResearch, titled, “Smart Irrigation Market 2022– Industry Insights, Trends, Opportunity & Forecast, 2021–2030,” the global smart irrigation market size is anticipated to witness exponential growth during the forecast period i.e.2022-2030.

 

The rising adoption of smart technologies and smart infrastructures among regions; the surging awareness regarding the need for smart and efficient irrigation due to the ongoing water crisis and erratic rainfall patterns across major regions; the high penetration of automated monitoring systems in the farming sector worldwide, and the escalating number of government initiatives and policies for promoting water conservation & farming are among the major factors contributing to the growth of the global smart irrigation market.

 

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According to system type, the sensor-based segment is estimated to attain the highest CAGR in the global smart irrigation market during the forecast period. According to application, the agriculture segment is expected to achieve the highest CAGR in the global smart irrigation market during the forecast period owing to factors such as the ever-increasing demand for quality food across the globe, and the surging focus on enhancing farm productivity.

 

Geographically, the North American region captured 41.0% of the market share and dominated the global smart irrigation market in 2021, followed by Europe. The region is projected to maintain its position in the market during the forecast period of 2022-2030. Countries such as the U.S., Canada, and Mexico are among the key contributors to the growth of the market in the region. The Asia Pacific region is slated to experience the highest growth in the global smart irrigation during the forecast period. Countries such as the India, China, Japan, South Korea, and Australia are among the leading contributors to this region.

 

Some of the major smart irrigation companies profiled in the report include Netafim, HydroPoint, Rain Bird Corporation, The Toro Company, Hunter Industries, Manna Irrigation, Stevens Water Monitoring Systems, Galcon, Rachio, and Weathermatic.

 

The global smart irrigation market is segmented into component, system type, application, and region. Based component, the market is bifurcated into controllers, sensors, water flow meters, and others. The controllers’ segment is further categorized into (Evapotranspiration) ET-based and soil-sensor based.

 

The sensors segment is further categorized into soil moisture sensors, temperature sensors, rain/freeze sensors, fertigation sensors, and others. The others segment is further categorized into gateways, routers, and wireless communication equipment. Based on system type, it is classified into weather-based and sensor-based. Based on application, it is classified into agricultural and non-agricultural. The agricultural segment is further categorized into greenhouses and open-fields. The non-agricultural segment is further categorized into residential, turf & landscape, gold courses and others.

 

The global smart irrigation market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

 

Key Insights of Smart Irrigation Market

  • On the basis of system type, the sensor-based segment is estimated to attain the highest CAGR in the global smart irrigation market during the forecast period.
  • On the basis of application, the agriculture segment is expected to achieve the highest CAGR in the global smart irrigation market during the forecast period.
  • On the basis of region, the North American region dominated the global smart irrigation market in 2021, followed by Europe. The region is projected to maintain its position in the market during the forecast period of 2022-2030.
  • On the basis of region, the Asia Pacific region is slated to experience the highest growth in the global smart irrigation during the forecast period.

 

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

 

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