Smart Irrigation Market

Global Smart Irrigation Market Size (2024 to 2029)

The global smart irrigation market size is expected to reach USD 1539.68 million in 2024 and reach USD 3537 million by 2029, growing at a CAGR of 18.1% from 2024 to 2029. 

CURRENT SCENARIO OF THE GLOBAL SMART IRRIGATION MARKET

The smart irrigation system is an automated system that provides plants with 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 costs, and less water usage.

MARKET DRIVERS

Expanding farming operations costs, increasing government initiatives to promote water conservation, and the growing importance of increasing 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 is further expected to fuel the growth of the market. However, a lack of awareness regarding the potential benefits of smart irrigation solutions and high implementation costs are restraining the growth of the market.

REPORT COVERAGE:

REGIONAL ANALYSIS

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

KEY PLAYERS IN THE GLOBAL SMART IRRIGATION MARKET

Hunter Industries, Rain Bird Corporation, Netafim, HydroPoint Data Systems, Inc., Rachio Inc., The Toro Company, Calsense, Galcon, Blossom, and Green Electronics LLC (RainMachine). Some of the major market players dominate the global smart irrigation market.

DETAILED SEGMENTATION OF THE GLOBAL SMART IRRIGATION MARKET INCLUDED IN THIS REPORT

This research report on the global smart irrigation system market is segmented and sub-segmented based on an irrigation controller, Hardware and Network component, Application, and Region.

By irrigation Controller

• Weather-based controllers
• Sensor-based controllers

By Hardware and Network Component

• Sensor
• Water/flow meter
• Smart detection system

By Application

• Agriculture
• Non-agriculture

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa