Regardless of a company’s size or income, the most recent research report from Quadintel offers a thorough analysis of the Global Smart Irrigation Market for the years 2023-2030.
An overview of the Smart Irrigation Market, the current state of the industry, market trends, significant market participants, product type, application, and geography are provided at the beginning of the study. It also covers how COVID-19 has affected market participants, end-user industries, future predictions, growth potential, and worldwide market trends.
Global Smart Irrigation Market is valued approximately USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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Smart irrigation systems are a combination of novel and innovative technologies that are used in precision agriculture. Smart irrigation uses sensors for historical or real-time data for analyzing the best watering routines and modifying watering schedules to boost competence. These sensors monitor soil conditions, weather, and plant water need to automatically regulate the watering schedule. The increasing number of government initiatives to promote water conservation, the growth of smart cities, and the need for efficient irrigation systems, coupled with the reducing prices of controllers and sensors used in smart irrigation systems are chief driving factors that are surging the global market demand. For instance, according to the AsianInvestor, in 2021, there are above 500 smart-city projects are ongoing around the world with the technology spending of over USD 100 billion every year. Also, the market opportunity for intelligent cities is anticipated to reach more than USD 3 trillion by 2025. Thereby, the rising number of smart city initiatives is propelling the demand for smart irrigation in agricultural activities, which, in turn, augments the market growth. However, high costs and limited technical knowledge and skills among farmers, and lack of standardization in industry impede the growth of the market over the forecast period of 2022-2028. Also, advancements in communication technologies and the advent of 5G network, and the integration of smartphones with wireless irrigation controllers are anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Smart Irrigation market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the region being the early adopter of novel technologies, and rising government initiatives to promote water conservation. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing investments in the ag-tech sector, the emergence of IoT, and convergence of multiple control functionalities, would create lucrative growth prospects for the Smart Irrigation market across the Asia-Pacific region.
Major market players included in this report are:
- Rain Bird Corporation
- The Toro Company
- Hunter Industries Ltd.
- HydroPoint
- Manna Irrigation
- Stevens Water Monitoring Systems, Inc.
- Rachio, Inc.
- Weathermatic
- AquaSpy, Inc.
- Rain Machine
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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 Component
Controllers
(Evapotranspiration) ET-Based
Soil Sensor-Based
Sensors
Soil Moisture Sensors
Temperature Sensors
Rain/Freeze Sensors
Fertigation Sensors
Others
Water Flow Meters
Others
By System Type
Weather-based
Sensor-based
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By Application
Agricultural
Greenhouses
Open-fields
Non-Agricultural
Residential
Turf & Landscape
Golf Courses
Others
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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With regard to the COVID-19 Outbreak Impact Analysis:
- In light of COVID-19, the report examined market trends.
- On the basis of the upstream and downstream markets, the study examined COVID-19’s effects on the manufacturing industry’s supply chain.
- We examine how COVID-19 has affected diverse regions and significant nations.
- It is noted how COVID-19 will affect the industry’s future growth.
Key Points Covered in this Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
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