Global Smart Irrigation Market to Grow at 13.21% During 2024-2032, Bolstered by the Advancements in Technology

April 12, 2021 | Electronics and Semiconductors

IMARC Group’s latest report, titled “Smart Irrigation Market Report by Component (Hardware, Software), Technology (Evapotranspiration, Soil Moisture), Application (Agricultural, Non-Agricultural), System Type (Weather-Based System, Sensor-Based System), and Region 2024-2032,” finds that the global smart irrigation market is expected to exhibit a CAGR of 13.21% during 2024-2032. Smart irrigation refers to an automated system that provides crops the required amount of water without manual interventions. It is an advanced irrigation system that collects data from sensors and sends predefined orders to actuators, making the water sprinkler to go off. It also analyzes nutrient content, humidity, salinity levels and soil conditions to provide real-time assistance of watering units. The smart irrigation system enhances the overall system by automatically adjusting the schedules to water at the right time. As a result, it finds applications across landscapes, turfs, greenhouses, and open-field lands.

Global Smart Irrigation Market Trends:

The global smart irrigation market is primarily driven by the growing demand for efficient irrigation solutions. The integration of advanced technologies, such as artificial intelligence (AI) and wireless sensors with irrigation systems are also escalating the demand for smart irrigation solutions. These technologies are environmentally sustainable and lower the environmental footprint through efficient water usage. In addition to this, governments of different countries are taking initiatives to utilize automated irrigation solutions to promote water conservation and increase farming production. Furthermore, the increasing use of smartphones has enabled farmers to undertake training programs to gain technical knowledge about operating smart irrigation controllers. Moreover, the extensive research and development (R&D) activities to introduce reliable irrigation scheduling solutions, and sensing and monitoring technologies are positively influencing the market growth.

Market Summary:

Based on the component, the market has been categorized into hardware (sensors, controllers, sprinkler nozzles, water flow meters, and others) and software.
On the basis of the technology, the market has been classified into evapotranspiration and soil moisture.
The market has been divided based on the application into agricultural (greenhouse and open field) and non-agricultural (residential, turf & landscape, golf course, and others).
Based on the system type, the market has been bifurcated into weather- and sensor-based systems.
Region-wise, North America (the United States and Canada) exhibits a clear dominance in the market. Other major regions are Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa (Turkey, Saudi Arabia, and others).
The competitive landscape of the market has been examined, with some of the key players being AquaSpy, Inc., Banyan Water, Inc., Caipos GmbH, Calsense, Delta-T Devices Ltd., Jain Irrigation, Inc., Galcon Ltd., Hunter Industries Incorporated, HydroPoint Data Systems, Inc., Netafim Limited, Rachio, Inc., Rain Bird Corporation, Soil Scout Oy, The Toro Company, and Weathermatic.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Component, Technology, Application, System Type, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Turkey, Saudi Arabia
Companies Covered	AquaSpy, Inc., Banyan Water, Inc., Caipos GmbH, Calsense, Delta-T Devices Ltd., Jain Irrigation, Inc., Galcon Ltd., Hunter Industries Incorporated, HydroPoint Data Systems, Inc., Netafim Limited, Rachio, Inc., Rain Bird Corporation, Soil Scout Oy, The Toro Company, and Weathermatic
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Smart Irrigation Market to Grow at 13.21% During 2024-2032, Bolstered by the Advancements in Technology

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