Smart Irrigation Market Worldwide Industry Trend, Future Demand and Forecast till 2030

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Increasing development of smart city projects and increasing need to reduce water wastage and improve crop production are some key factors driving market revenue growth

The Global Smart Irrigation Market Report offers extensive knowledge and information about the Smart Irrigation market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Smart Irrigation market further validated and verified by the industry experts and professionals. The Global Smart Irrigation Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Smart Irrigation market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

The Global Smart Irrigation Market size reached USD 1,476.3 Million in 2021 and is expected to register a revenue CAGR of 15.2% during the forecast period, according to latest analysis by Emergen Research. Increasing development of smart cities and increasing need to save water and reduce related expenses are key factors projected to support market revenue growth between 2022 and 2030. In addition, increasing need for water management for the future will drive revenue growth of the market. Smart irrigation refers to the use of advanced technologies and connected devices and equipment to monitor, analyze, and control operations in smart agriculture. Water wastage is a serious issue in the agricultural and non-agricultural industries. Better water management methods are required to alleviate the problem. Smart irrigation is an ideal solution to the problem as it will reduce the need for human supervision or intervention, which will aid in transforming the system from static and manual to dynamic and intelligent. This will enable monitoring and regulating the watering process as per need, which will result in more efficient water usage and cost efficiency.

However, lack of awareness regarding the potential benefits of smart irrigation is expected to hamper market revenue growth to some extent during the forecast period. Advanced technologies have made irrigation smarter, faster, and easier than before. Technologies have decreased need for human intervention and improved the quality of produce. However, smallholder farmers are unaware of newer technologies such as smart irrigation and the various advantages. Hence, governments should start awareness campaigns in rural areas to benefit smallholder and poor farmers.

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Some Key Highlights from the Report

  • Sensor-based segment is expected to register a substantially rapid revenue CAGR during the forecast period due to increasing need to detect change in soil moisture level and automatically activate water supply to avoid crop damage.
  • Controllers segment is expected to register a significantly robust revenue growth rate over the forecast period, owing to increasing need to operate automated irrigation systems on commercial and residential properties, for landscaping and agriculture.
  • North America market is expected to account for considerably large revenue share due to robust presence of major market players providing smart irrigation solutions such as Toro Manufacturing LLC, Hunter Industries, Inc., Rain Bird Corporation, and Telsco Industries, Inc., among others in countries in the region.
  • In March 2020, Netafim Ltd. collaborated with FluroSat, which is a remote sensing and data analytics leader, to integrate FluroSat data into NetBeat, which is Netafim's cloud-based irrigation and fertigation platform. This integration will enable easier, more precise, and reliable irrigation, fertigation, and crop management decisions. The collaboration aims to give Netafim's customers access to advanced crop monitoring tools as a standalone monitoring and analysis service.

The leading market contenders listed in the report are:

Toro Manufacturing LLC, Netafim, Ltd., Hunter Industries, Inc., Rain Bird Corporation, Galcon Controller Agricultural Cooperative Society, Ltd., Telsco Industries, Inc., Hydropoint Data System, Inc., Rachio, Inc., Stevens Water Monitoring Systems, Inc., and Banyan Water, Inc

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Emergen Research has segmented global smart irrigation market on the basis of system type, component, application, and region:

System Type Outlook (Revenue, USD Million; 2019–2030)

  • Sensor-based
  • Weather-based

Component Outlook (Revenue, USD Million; 2019–2030)

  • Sensors
  • Controllers
  • Water Flow Meters
  • Others

Application Outlook (Revenue, USD Million; 2019–2030)

  • Agricultural
  • Non-Agricultural
  • Others                                                                                     

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Regional Outlook (Revenue, USD Million; 2019–2030)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. France
    3. U.K.
    4. Italy
    5. Spain
    6. Benelux
    7. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Turkey
    5. Rest of MEA

Radical Features of the Smart Irrigation Market Report:

  • The report encompasses Smart Irrigation market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Smart Irrigation industry

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