Global Smart Irrigation market size will be worth USD 2,877.9 Million by 2027, according to latest analysis by Emergen Research.
The growing implementation of information communication technologies and IoT is expected to drive market growth over the forecast period. The cost benefits gained due to the usage of automated irrigation infrastructure are among the key driving factors of the industry.
The Global Smart Irrigation Market report comprises of vital details of the Smart Irrigation business sphere that aims to offer the reader a comprehensive understanding of the Smart Irrigation market and identify optimum growth prospects to gain a competitive edge over other competitors.
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Emergen Research has segmented global Smart Irrigation market on the basis of launch mode, range, type, end-use, and region:
- System Type Outlook (Revenue, USD Billion; 2017-2027)
- Sensor-based system
- Weather-based system
- Component Outlook (Revenue, USD Billion; 2017-2027)
- Sensors
- Controllers
- Water Flow Meters
- Others (Wireless communication equipment, routers, gateways)
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Agricultural (open field, greenhouses)
- Non-Agricultural (Golf Courses, Residential, sports ground, Turf Landscapes, Forestry)
Regional Analysis of the Smart Irrigation Market includes:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the increasing investments and emergence of a large number of startups.
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Elements analyzed in the report:
Key participants include The Toro Company, Rain Bird Corporation, Netafim, Hunter Industries, HydroPoint Data Systems, Inc., Weathermatic, Rachio Inc., Manna Irrigation, Galcon, and Stevens Water Monitoring Systems, among others.
The Global Smart Irrigation Market report offers an elaborate analysis of the different elements of the industry, such as product development and technological advancements, product types, applications, and major expansion strategies undertaken by prominent companies.
Some Key Highlights From the Report
- The non-Agriculture segment held the largest market share of 58.6% in the year 2019, owing to the increasing adoption of the smart irrigation controllers by the commercial and residential land contractors.
- The Weather-based system is forecasted to grow with the fastest CAGR of 15.6% over the forecast period owing to the increasing adoption of weather-based systems by the contractors and managers of commercial building and golf course and landscaping.
- The Controllers are the most widely used component in the global smart irrigation market as the technologically advanced smart controllers can automatically adjust schedules for irrigation to any environmental changes by using the sensor and weather data.
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