Asia Pacific Smart Irrigation Market was worth USD 186.94 million in 2018 and estimated to be growing at a CAGR of 17.9%, to reach USD 427.68 million by 2023. Smart irrigation system is an automated system which provides plants the exact water when it’s required without any manual intervention. It automatically adjusts the watering schedule based on various real-time parameters including water content of the plant, wind speed, wind direction and local weather data. It has numerous advantages including environmental sustainability, reduced labor cost, and less water usage.
Expanding farming operations cost, increasing government initiatives to promote water conservation and growing importance to increase farm profit by utilizing automated irrigation solutions are the major factors driving the smart irrigation market. Also, increasing need to monitor and control the water requirements of the field due to inadequate rainfall and water are further expected to fuel the growth of the market. However, lack of awareness regarding the potential benefits of smart irrigation solutions and high implementation cost are the restraining the growth of the market.
Asia Pacific Smart Irrigation Market Segmentation by irrigation controller, hardware and network component and application. By irrigation controller the market is classified into weather based controllers and sensor based controllers. By hardware and network component the market is segmented into sensor, water/flow meter and smart detection system. Sensors hold a large share in the hardware segment. By application the market is divided into agriculture and non-agriculture. The agriculture application is expected to grow at a high CAGR. On the basis of geography, the market is analysed under various regions namely China, India, Japan, Australia and South Korea. Asia Pacific is expected to grow at the highest CAGR due to growing interest on technology based agriculture practices and continuous focus to improve agricultural productivity.
Some of the prominent vendors in the smart irrigation market, include Hunter Industries, Rain Bird Corporation, Netafim, HydroPoint Data Systems, Inc., Rachio Inc., The Toro Company, Calsense, Galcon, Blossom and Green Electronics LLC (RainMachine)
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Irrigation controller
5.1.1 Introduction
5.1.2 Weather based contollers
5.1.3 Sensor based controllers
5.1.4 Y-o-Y Growth Analysis, By Irrigation controller
5.1.5 Market Attractiveness Analysis, By Irrigation controller
5.1.6 Market Share Analysis, By Irrigation controller
5.2 Hardware and network component
5.2.1 Introduction
5.2.2 Sensor
5.2.2.1 Rain/freeze sensor
5.2.2.2 Soil moisture sensor
5.2.2.3 Temperature sensor
5.2.2.4 Wind sensor
5.2.2.5 Flow sensor
5.2.2.6 Fertigation sensor
5.2.3 Water/flow meter
5.2.4 Smart detection system
5.2.5 Y-o-Y Growth Analysis, By Hardware and network component
5.2.6 Market Attractiveness Analysis, By Hardware and network component
5.2.7 Market Share Analysis, By Hardware and network component
5.3 Application
5.3.1 Introduction
5.3.2 Agriculture
5.3.2.1 Greenhouse
5.3.2.2 Open field
5.3.3 Non-agriculture
5.3.3.1 Residential
5.3.3.2 Turf and landscape
5.3.3.3 Golf courses
5.3.3.4 Others
5.3.4 Y-o-Y Growth Analysis, By Application
5.3.5 Market Attractiveness Analysis, By Application
5.3.6 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Irrigation controller
6.1.3.3 By Hardware and network component
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Irrigation controller
6.1.4.3 By Hardware and network component
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Irrigation controller
6.1.5.3 By Hardware and network component
6.1.5.4 By Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Hunter Industries
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Rain Bird Corporation
8.3 Netafim
8.4 HydroPoint Data Systems, Inc.
8.5 Rachio Inc.
8.6 The Toro Company
8.7 Calsense
8.8 Galcon
8.9 Blossom
8.10 Green Electronics LLC
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
