Global Smart Irrigation Market, By Component (Sensors, Controllers, Water Flow Meters, Others), System Type (Weather-Based Controller Systems, Sensor-Based Controller Systems), Application (Agricultural, Residential, Commercial, Institutional), Irrigation Controller (Weather-Based Controllers and Sensor-Based Controllers), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Smart Irrigation Market
Smart irrigation market will grow at a CAGR of 16.95% in the forecast period of 2021 to 2028. Rising government initiatives for promoting water conservation to surge the adoption of smart irrigation systems is an essential factor driving the smart irrigation market.
Smart irrigation systems are the type of innovative and advanced irrigation systems that utilize a number of sensors and components to determine the levels of irrigation required on the land that they are installed upon. The main working of these systems is to enhance the effects and efficiency of water usage among the depleting levels of water all over the world. These systems work on the data they collect from the number of sensors installed alongside them.
Rising growth of smart cities and increasing need for efficient irrigation systems to fuel smart irrigation controller adoption is a crucial factor accelerating the market growth, also rising prevalence of COVID-19 to accelerate deployment of IoT sensors and nodes in agriculture farms by integrating multiple control functionalities, increasing demand for smart irrigation due to its help to provide a healthy, beautiful landscape while reducing water usage, increasing usage of IoT, rising number of initiatives taken by governments to promote water conservation, rising penetration of smartphones, increasing economies, rapid technological advancements, and rising number of smart cities and increasing need for efficient irrigation systems are the major factors among others boosting the smart irrigation market. Moreover, rising advancements in communication technologies and advent of 5G network to accelerate smart irrigation project amid COVID-19 and rising integration of smartphones with wireless irrigation controller to create substantial opportunity post-COVID-19 will further create new opportunities for smart irrigation market in the forecast period mentioned above.
However, rising implementation of smart irrigation technologies in fragmented land and increased technological costs and limited technical knowledge and skills among farmers are the major factors among others which will curtail the market growth, while rising lack of standardization in smart irrigation industry will further challenge the smart irrigation market in the forecast period mentioned above.
This smart irrigation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on smart irrigation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Smart Irrigation Market Scope and Market Size
Smart irrigation market is segmented on the basis of component, system type, application and irrigation controller. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the smart irrigation market is segmented into sensors, controllers, water flow meters and others. Others have been further segmented into sprinkler nozzles among others.
- Based on system type, the smart irrigation market is segmented into weather-based controller systems and sensor-based controller systems.
- Based on application, the smart irrigation market is segmented into agricultural, residential, commercial and institutional. Agricultural has been further segmented into farms and greenhouse.
- The smart irrigation market is also segmented on the basis of irrigation controller into weather-based controllers and sensor-based controllers.
Global Smart Irrigation Market Scope Country Level Analysis
Smart irrigation market is analysed and market size, volume information is provided by country, component, system type, application and irrigation controller as referenced above.
The countries covered in the smart irrigation market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the smart irrigation market due to increased adoption of smart irrigation technologies and systems, along with rising adoption and availability of advanced irrigation devices and systems such as controllers, smart water flow meters, and sensors in this region. Asia-Pacific is the expected region in terms of growth in smart irrigation market due to rising awareness and increasing government initiatives for water conservation in this region. Europe is also expected to grow in terms of growth in smart irrigation market due to rising technological advancements in the field of irrigation in this region.
The country section of the smart irrigation market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Smart Irrigation Market Share Analysis
Smart irrigation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to smart irrigation market.
The major players covered in smart irrigation market report are The Toro Company, NETAFIM, HUNTER INDUSTRIES, Rain Bird Corporation, HydroPoint Data Systems Inc., Rachio inc., Banyan Water Inc., RainMachine - Green Electronics LLC, ETwater, Galcon, Weathermatic, Scotts Miracle-Gro, Skydrop LLC., Delta-T Devices Ltd, Orbit Irrigation Products Inc., Valmont Industries Inc., Hortau, Libelium Comunicaciones Distribuidas S.L, CALSENSE, AquaSpy Home - AquaSpy, Soil Scout Oy, Caipos GmbH, Acclima Inc. and Stevens Water Monitoring Systems Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.