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Global Smart Irrigation Market Research Report - Segmented By Irrigation Controller (Weather Based Controllers And Sensor-Based Controllers), Hardware And Network Component (Sensor, Water/Flow Meter, Smart Detection System), Application (Agriculture, Non-agriculture), Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: March, 2023
ID: 4329
Pages: 175
Formats: report pdf report excel report power bi report ppt

Smart Irrigation Market Size (2022 - 2027)

Smart Irrigation Market was worth USD 934.72 million in 2021 and estimated to be growing at a CAGR of 18.1%, to reach USD 2172.6 billion by 2027. The smart irrigation system is an automated system that 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.

Market Drivers

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 the 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 costs are restraining the growth of the market.

SMART IRRIGATION MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2027

Base Year

2021

Forecast Period

2022 - 2027

CAGR

18.1%

Segments Covered

By Irrigation Controller, Hardware and network, Component, Application and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Hunter Industries,Rain Bird Corporation,Netafim,HydroPoint Data Systems, Inc,Rachio Inc,The Toro Company,Calsense,Galcon,Blossom,Green Electronics LLC (RainMachine) and Others.

 

Market Segmentation

Smart Irrigation Market - By Irrigation Controller:

  • Weather-based controllers

  • Sensor-based controllers

Smart Irrigation Market - By Hardware and Network Component:

  • Sensor

  • Water/flow meter

  • Smart detection system

Smart Irrigation Market - By Application:

  • Agriculture

  • Non-agriculture

The agriculture application is expected to grow at a high CAGR.

Smart Irrigation Market - By Geography:

  • North America

  • Europe

  • Asia-Pacific

  • Latin America

  • The Middle East and Africa 

The Smart Irrigation market was dominated by North America. Asia Pacific is expected to grow at the highest CAGR.

Key Players:

  • Hunter Industries

  • Rain Bird Corporation

  • Netafim

  • HydroPoint Data Systems, Inc

  • Rachio Inc

  • The Toro Company

  • Calsense

  • Galcon

  • Blossom

  • Green Electronics LLC (RainMachine)

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