Increasing Government Initiatives To Promote Water Conservation To Drive The Global Smart Irrigation Market

Increasing Government Initiatives To Promote Water Conservation To Drive The Global Smart Irrigation Market

Market Research Future (MRFR) will be publishing a cooked research report on the “Global Smart Irrigation Market” that contains the information from 2022 to 2030. 


MRFR recognizes the following companies as the key players in the global Smart Irrigation market: The Toro Company (US), Netafim (Israel), Hunter Industries (US), Rain Bird Corporation (US), HydroPoint (US), Rachio (US), Banyan Water (US), Rain Machine (US), ET Water (US), Galcon(US), Weathermatic (US), Skydrop (US), Blossom (Scotts Company) (US), and Delta-T Devices (UK).


Market Highlights


The global Smart Irrigation market is projected to be valued at USD 6.3 Billion by the end of 2030, registering a CAGR of 12.80% during the forecast period.


Smart irrigation systems tailor watering schedules and run times automatically to meet specific landscape requirements. These controllers substantially improve outdoor water use efficiencies.


Indian Government has started collecting water consumption and hydro-meteorological statistics from various Central and State-level agencies through automatic sensors, data loggers, telemetry, and real-time data acquisition and dissemination. In the same vein, on the other side of the world, the Utah Department of Natural Resources in the US has undertaken several initiatives to promote water conservation. These include the installation of secondary water meters to monitor and control the water usage specifically into the landscapes and reported a steep decline over more than 23% or 50,000 acre-feet of water per year.


Further, the growing focus on developing smart cities and the increasing need for efficient irrigation systems are likely to fuel the smart irrigation controller adoption, thereby driving the growth of the global smart irrigation market during the forecast period.  


COVID-19 Impact Analysis


As the COVID-19 epidemic worsened, the semiconductor sector suffered severe financial losses and revenue reductions. One of the key causes of these losses in the semiconductor business has been decreased demand among end-use applications. Following the organizational focus on employee safety, organizations in the semiconductor industry aimed to operate remotely and prepare for the new normal in the post-COVID era. Hence, the semiconductor manufacturers are investing heavily in automation, including smart manufacturing and other important digital transformations.


Access full report @ https://www.marketresearchfuture.com/reports/smart-irrigation-market-2529


Segment Analysis


The global smart irrigation market has been segmented on the basis of component, system type, application, and region.


By component, the smart irrigation market has been segmented into controllers, sensors, water flow meters, and others.


The global smart irrigation market, based on system type, has been segmented into weather-based controller systems and sensor-based controller systems. The weather-based controller systems segment accounted for the largest market share in 2019 and is estimated to register a CAGR of 56.2% during the review period.


The global smart irrigation market, based on agriculture, has been segmented into agricultural and non-agricultural.


Key Findings of the Study:



  • The global Smart Irrigation market is projected to reach a value of USD 6.3 Billion by 2030, with a CAGR of around 12.80% during the forecast period from 2022 to 2030.

  • North America accounted for the largest market share in 2020; this is due to the emergence of IoT and convergence of multiple control functionalities.

  • Europe is expected to be second-largest market in 2020. The industrial and agriculture sectors in Europe seek to adopt smart irrigation solutions and develop new solutions for various use case scenarios.

  • The adoption of intelligent irrigation systems is high in Asia-Pacific and thus, the demand is expected to be high in this region. China is being fueled by the country's growing population, which is dependent on agriculture, especially paddy crops. These crops need more water and optimum soil moisture to generate good produce from the land.

  • Continuous advancements in communication technologies and integration of smartphones with irrigation controllers and software applications are the key opportunities in this market.

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