The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Smart Irrigation Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Smart Irrigation Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Smart Irrigation Market size was valued at around USD 2.5 Billion in 2023 and is projected to grow at a CAGR of around 15% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in Smart Irrigation Market Segmentation?
The report has segmented the market into the following categories:
By Irrigation Technology
– Sprinkler Irrigation
– Centre-pivot Irrigation
– Drip Irrigation
– Micro-Irrigation
– Irrigation drones
By Component
– Climate based Controllers
– Soil moisture Sensor controllers
– Weather-based controllers
– Sensor-based controllers
– Rain/freeze sensors
– Wind sensors
– Flow sensors
By End User
– Residential Lawns/Gardens
– Agricultural Lands
– Golf courses
– Sport Stadiums
Of these, Agricultural lands holds the potential share & are projected to substantially contribute to the expansion of the Global Smart Irrigation Market owing to the advanced sensors and controllers being manufactured by the market players to make irrigation systems more affordable than ever before. As a result, many farm owners worldwide are inclined towards purchasing systems integrated with such latest controllers and sensors, enabling them to conduct activities such as agriculture monitoring and irrigation management more effectively and efficiently. Furthermore, many agriculturalists and farmers are shifting their focus towards indulging in farm-based activities, full-fledged with innovative irrigation technologies, to supervise water consumption effectively. In addition, high crop yield and improvised crop quality are other major benefits of this specific technology.
By Region
– North America
– South America
– Europe
– Middle East & Africa
– Asia-Pacific
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Key Factor Driver Smart Irrigation Industry Growth by 2030
Rapid Smartphones Unification with Wireless Irrigation System Controllers – A rapid surge in the use of smartphones integrated with agriculture-based multiple user-friendly applications has emerged as a necessity in the progressing countries and the under-developing ones. In fact, it is turning out to be a unique and potently easy-to-carry tool making the process much easier. Moreover, a few irrigation controller providers also deliver voice assistance service-based automated irrigation systems. All this has opened opportunities for the key market players to unify smartphones with wireless irrigation system controllers in large quantities and act as a helping hand in exponentially raising the market’s growth. For Example, Rachio, an American-based company, introduced its voice-controlled Rachio 3 smart sprinkler controller and Rachio 3 wireless flow meter two years back.
Who are the Key Players Operating in the Smart Irrigation Industry?
The top companies of the Smart Irrigation market ruling the industry are:
- Rain Bird Corporation
- Calsense
- Galcon
- Weathermatic
- Cultyvate
- Hydropoint
- Netafirm
- Stevens Water Monitoring Systems
- CropX
- Ecozen Solutions
- Water Bit
- AquaSpy
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FAQs (Frequently Ask Questions)
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- What are the trends influencing the current scenario of the Smart Irrigation Market?
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- Which geographical area dominates the Smart Irrigation industry?
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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