The Global Smart Irrigation Market research report is a detailed document outlining the recent advancements and developments in the Smart Irrigation business sphere considering 2019 as the base year and 2022-2030 as the forecast timeline. The market's expansion on a national and international level is also covered in the study. In numerous important locations, the market's growth has been significantly hampered by supply chain interruptions and economic uncertainty. The paper examines the pandemic's current and potential effects as well as the post-pandemic commercial environment. The research provides insightful information on the industry's size, share, sales channels, distribution system, market segmentation, consumer needs, market trends, and growth prospects.
The global smart irrigation market size reached USD 1,476.3 Million in 2021 and is expected to register a revenue CAGR of 15.2% during the forecast period, according to latest analysis by Emergen Research. Increasing development of smart cities and increasing need to save water and reduce related expenses are key factors projected to support market revenue growth between 2022 and 2030. In addition, increasing need for water management for the future will drive revenue growth of the market.Smart irrigation refers to the use of advanced technologies and connected devices and equipment to monitor, analyze, and control operations in smart agriculture. Water wastage is a serious issue in the agricultural and non-agricultural industries. Better water management methods are required to alleviate the problem. Smart irrigation is an ideal solution to the problem as it will reduce the need for human supervision or intervention, which will aid in transforming the system from static and manual to dynamic and intelligent. This will enable monitoring and regulating the watering process as per need, which will result in more efficient water usage and cost efficiency.
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The report offers a complete analysis of the global Smart Irrigation market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
Key companies profiled in the report include:
Toro Manufacturing LLC, Netafim, Ltd., Hunter Industries, Inc., Rain Bird Corporation, Galcon Controller Agricultural Cooperative Society, Ltd., Telsco Industries, Inc., Hydropoint Data System, Inc., Rachio, Inc., Stevens Water Monitoring Systems, Inc., and Banyan Water, Inc
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In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter's Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.
The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.
On the basis of type, the market is segmented into
System Type Outlook (Revenue, USD Million; 2019–2030)
- Sensor-based
- Weather-based
Component Outlook (Revenue, USD Million; 2019–2030)
- Sensors
- Controllers
- Water Flow Meters
- Others
Application Outlook (Revenue, USD Million; 2019–2030)
- Agricultural
- Non-Agricultural
- Others
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