The latest report on the Irrigation Automation Market is 250 pages long and includes a number of tables and figures. This report covers the period from 2023 to 2030 and offers valuable insights into the market landscape.
Global Irrigation automation Market to reach USD 8.53 billion by 2027.Global Irrigation automation Market is valued approximately USD 2.60 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 18.5 % over the forecast period 2021-2027.
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Irrigation automation is a modern method of irrigation; by this method farm land is irrigated through drippers, sprinklers, foggers and by other sources on surface or subsurface of the land. The increase in adoption to drip irrigation, increase in the demand for food and agriculture product, rise in concerns of water scarcity has led the adoption of Irrigation automation across the forecast period. For Instance: In India as per the department of agriculture under PMKSY 3645 crore is allocated in FY20-21 and in Australia total package is $72.685 million over three years as per Department of Agriculture, Water and the Environment they will receive $29.761 million over two years and Austrade $42.924 million over three years under the Agriculture, Water and Environment portfolio. However, high initial investment and high maintenance cost impedes the growth of the market over the forecast period of 2021-2027. Also, Government encouragement by providing subsidies, the adoption & demand for Irrigation automation is likely to create market growth during the forecast period.
The geographical regions considered such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to adoption and awareness for modern irrigation practices. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027 factors responsible such as rising disposable income, increasing demand for high yield productivity, water scarcity problem would create strong affinity for growth prospects for the Irrigation automation market across Asia-Pacific region.
Major market player included in this report are:
EPC Industries Limited
Jain Irrigation Systems Limited
Lindsay Corporation
The Toro Company
Valmont Industries, Incorporated
Nelson Irrigation
Netafim Limited
Rain Bird Corporation
T-L Irrigation
Hunter Industries, Incorporated
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Drip
Micro Sprinkler
Surface
By Component:
CONTROLLERS
SENSORS
VALVES
SPRINKLERS
By End Use:
Non-Agricultural
Agricultural
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Irrigation Automation Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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