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Smart Irrigation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A2749
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Market Overview:
The global smart irrigation market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.9 Billion by 2028, exhibiting a growth rate (CAGR) of 13.9% during 2023-2028.
Smart irrigation system refers to an integration of several advanced solutions for remote monitoring and automation of the irrigation process. It primarily includes sensor-based sprinklers, controllers, and water meters to analyze soil moisture, nutrient content, humidity and salinity levels, etc. A smart irrigation system provides real-time assistance of watering units along with minimizing waterlogging, improving land fertility, and detecting any potential risk of natural hazards. Unlike conventional irrigation controllers that operate on a programmed schedule, a smart irrigation system functions based on the sensor inputs. As a result, smart irrigation systems are widely adopted across greenhouses, open-field agricultural lands, turfs, landscapes, etc.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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The global smart irrigation market is primarily driven by the increasing penetration of automated, digital monitoring systems in the agriculture sector. Furthermore, the rising integration of wireless sensors and AI with irrigation sprinklers and dripping systems is also driving the market for smart irrigation. Apart from this, the growing number of government policies to overcome numerous agricultural challenges, such as water wastage, demographic alteration, unpredictable climate change, etc., is further propelling the demand for smart irrigation system. Several government agencies are also introducing training programs for farmers to provide technical knowledge for operating smart irrigation controllers. Furthermore, the increasing penetration of smartphones among farmers along with rising inclination towards agriculture-related software applications that offer automatic irrigation scheduling and remote monitoring is also augmenting the market growth. Additionally, the growing investments in sustainable farming methods for maintaining adequate soil moisture content in regions with erratic rainfall patterns are also driving the global market. Besides this, continuous upgradations in remote sensing and monitoring technologies coupled with the development of solar-powered batteries for smart irrigation systems are further expected to catalyze the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart irrigation market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, technology, application and system type.
Breakup by Component:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Hardware
- Sensors
- Controllers
- Sprinkler Nozzles
- Water Flow Meters
- Others
- Software
Breakup by Technology:
- Evapotranspiration
- Soil Moisture
Breakup by Application:
- Agricultural
- Greenhouse
- Open field
- Non-Agricultural
- Residential
- Turf & Landscape
- Golf Course
- Others
Breakup by System Type:
- Weather-Based System
- Sensor-Based System
Breakup by Region:
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- 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
- Turkey
- Saudi Arabia
- Others
Competitive Landscape:
The competitive landscape of the industry has also 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 Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| 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$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| 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) |
We expect the global smart irrigation market to exhibit a CAGR of 13.9% during 2023-2028.
The increasing penetration of automated, digital monitoring systems in the agriculture sector, is primarily driving the global smart irrigation market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous manufacturing units and disrupted supply for smart irrigation components.
Based on the application, the global smart irrigation market has been divided into agricultural and non- agricultural, where agricultural exhibits a clear dominance in the market.
Based on the system type, the global smart irrigation market can be categorized into weather-based system and sensor-based system. Currently, sensor-based system accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global smart irrigation market include 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.
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