About Smart Irrigation Systems
Smart irrigation systems are the major components of precision agriculture, is a process of using irrigation water wherein the water is distributed through the network of pumps and sprayed in the air for irrigating the soil. Irrigation systems are available in a wide range of automatic valves and systems for providing efficient coverage from small to large fields, thus making them adaptable to irrigable soils and avoid water wastage as well. According to ClimateTech Wiki, the use of smart sprinkler irrigation for the wheat crop can save up to 35% of water, while the quality of yield increases by 24%.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 15.0% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. There are various growth opportunities in this market which are captured by leading players via tracking the ongoing process enhancement and huge investment in market growth strategies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Smart Irrigation Systems market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Rain Bird Corporation (United States), The Toro Company (United States), Rivulis (Israel), Hunter Industries (United States), Hydropoint Data Systems (United States), Baseline Inc. (United States), Viridix (Israel), Calsense (United States), Rachio (United States) and Galcon (Israel) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Caipos (Austria), Acclima (United States), Soil Scout (Finland), AquaSpy (United States), Jain Irrigation Systems Ltd. (India), Netafim (Israel) and Delta-T Devices (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Smart Irrigation Systems market by , Application (Greenhouse, Turf and Landscape, Open Field, Golf Courses and Others) and Region.
On the basis of geography, the market of Smart Irrigation Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by System Types, the sub-segment i.e. Weather-Based Controllers will boost the Smart Irrigation Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Controllers will boost the Smart Irrigation Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The increasing government support for irrigation systems in emerging economies, Rise of smart cities and need for efficient irrigation systems to fuel smart irrigation controller adoption and Top players focus on the untapped market including India, China and Others
Market Growth Drivers:
Owing to the surging concerns regarding water scarcity and growing demand for better yield & quality of crops., Emergence of IoT and convergence of multiple control functionalities and Increasing government initiatives to promote water conservation
Challenges:
Limited standardization in smart irrigation industry
Restraints:
High cost associated with the installation of smart irrigation systems and Lack of technical knowledge and skills among farmers in emerging economies
Opportunities:
Rapid shift from flood irrigation towards mechanized automated irrigation systems, Continuous advancements in communication technologies and Integration of smartphones and smart devices with irrigation controller and software applications
Market Leaders and their expansionary development strategies
In June 2022, Rivulis and Jain Irrigation’s International Irrigation Business merged to create a Global Irrigation and Climate Leader. The Company will lead the mass adoption of modern irrigation solutions and digital farming by growers and business partners globally through its focus on accessibility, innovation, and sustainability.
In April 2022, Viridix launched a next-generation Precision Irrigation System with its first-ever AI-based autonomous capabilities. Viridix’s Gen3 new system connects with remote monitoring and irrigation control solutions, creating a groundbreaking autonomous irrigation solution.
Key Target Audience
Irrigation system providers, Sensor manufacturers, Smart irrigation software and solution providers, Irrigation contractors, Water purveyors, Agricultural equipment manufacturers, Farmers, Smart irrigation technology providers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.