Smart Irrigation Market Overview :
Global Smart Irrigation Market is estimated to reach $2,410 Million by 2025; growing at a CAGR of 16.2% from 2017 to 2025. Smart irrigation system is a mechanized system, provides plants the accurate water when it’s required without any manual intervention. Smart irrigation system automatically regulates the watering schedule based numerous real-time parameters including water content of the plant, wind direction and local weather data, wind speed. The advantage of using these techniques is reduction of human interference and is quite affordable and feasible. The system has a distributed wireless network of soil-moisture and temperature sensors placed in the root zone of the plants. In addition, a gateway unit handles sensor information, triggers actuators, and transmits data to a web application. The benefit of this technology persists long-terms as every drop of water saved with the help of smart irrigation amounts for an important contribution to the global water conservation.
The major factors fueling the growth of the global smart irrigation market are increasing government initiatives to promote water conservation and rising demand for food production. In addition, increasing importance for effective irrigation solutions & watering practices have also stimulated the growth of the market. However, lack of awareness towards smart irrigation and expensive initial installation are the restraints for the market. Moreover, continuous improvement in technology and adoption of irrigation drones are expected to present potential growth opportunities over the forecast timeframe.
The global smart irrigation market is segmented on the basis of component, irrigation controller, application and geography. The component segment classified into flow meter, sensors and smart detection system/network elements. By irrigation controller, the segment comprises weather-based controllers and sensor-based controllers. Application segment is bifurcated into non-agriculture and agriculture. Moreover, non-agriculture is sub segmented into residential, turf and landscape, golf courses, other non-agricultures. Further, agriculture is sub segmented into greenhouse and open field.
On the basis of geography, the global smart irrigation market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Germany, France, Italy, Russia, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
Prominent players operating in the market are The Toro Company, HUNTER INDUSTRIES, Rain Bird Corporation, NETAFIM, HydroPoint Data Systems, Inc., Rachio Inc., CALSENSE, Galcon, Weathermatic, and Orbit Irrigation Products Inc., among others.
The key takeaways from the report
- The report will provide detailed analysis of the Global Smart Irrigation Market with respect to major segments such as component, irrigation controller, application and geography
- The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of the Global Smart Irrigation Market has been included in the report
- Profile of the key players in the Global Smart Irrigation Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Smart Irrigation Market
- Flow Meter
- Smart Detection System/Network Elements
Irrigation Controller Segments
- Weather-Based Controllers
- Sensor-Based Controllers
- Turf and landscape
- Golf courses
- Other Non-Agricultures
- Open field
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Middle East