Global Smart Irrigation Market Size study, By Component (Controllers, (Evapotranspiration) ET-Based, Soil Sensor-Based, Sensors, Soil Moisture Sensors, Temperature Sensors, Rain/Freeze Sensors, Fertigation Sensors, Others, Water Flow Meters, Others), By S

Global Smart Irrigation Market Size study, By Component (Controllers, (Evapotranspiration) ET-Based, Soil Sensor-Based, Sensors, Soil Moisture Sensors, Temperature Sensors, Rain/Freeze Sensors, Fertigation Sensors, Others, Water Flow Meters, Others), By System Type (Weather-based, Sensor-based), By Application (Agricultural, Greenhouses, Open-fields, Non-Agricultural, Residential, Turf & Landscape, Golf Courses, Others), and Regional Forecasts 2022-2028

Global Smart Irrigation Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028.

Smart irrigation systems are a combination of novel and innovative technologies that are used in precision agriculture. Smart irrigation uses sensors for historical or real-time data for analyzing the best watering routines and modifying watering schedules to boost competence. These sensors monitor soil conditions, weather, and plant water need to automatically regulate the watering schedule. The increasing number of government initiatives to promote water conservation, the growth of smart cities, and the need for efficient irrigation systems, coupled with the reducing prices of controllers and sensors used in smart irrigation systems are chief driving factors that are surging the global market demand. For instance, according to the AsianInvestor, in 2021, there are above 500 smart-city projects are ongoing around the world with the technology spending of over USD 100 billion every year. Also, the market opportunity for intelligent cities is anticipated to reach more than USD 3 trillion by 2025. Thereby, the rising number of smart city initiatives is propelling the demand for smart irrigation in agricultural activities, which, in turn, augments the market growth. However, high costs and limited technical knowledge and skills among farmers, and lack of standardization in industry impede the growth of the market over the forecast period of 2022-2028. Also, advancements in communication technologies and the advent of 5G network, and the integration of smartphones with wireless irrigation controllers are anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global Smart Irrigation market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the region being the early adopter of novel technologies, and rising government initiatives to promote water conservation. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing investments in the ag-tech sector, the emergence of IoT, and convergence of multiple control functionalities, would create lucrative growth prospects for the Smart Irrigation market across the Asia-Pacific region.

Major market players included in this report are:
Rain Bird Corporation
The Toro Company
Hunter Industries Ltd.
HydroPoint
Manna Irrigation
Stevens Water Monitoring Systems, Inc.
Rachio, Inc.
Weathermatic
AquaSpy, Inc.
Rain Machine

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component
Controllers
(Evapotranspiration) ET-Based
Soil Sensor-Based
Sensors
Soil Moisture Sensors
Temperature Sensors
Rain/Freeze Sensors
Fertigation Sensors
Others
Water Flow Meters
Others
By System Type
Weather-based
Sensor-based
By Application
Agricultural
Greenhouses
Open-fields
Non-Agricultural
Residential
Turf & Landscape
Golf Courses
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Smart Irrigation Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors



Companies Mentioned

Rain Bird Corporation
The Toro Company
Hunter Industries Ltd.
HydroPoint
Manna Irrigation
Stevens Water Monitoring Systems, Inc.
Rachio, Inc.
Weathermatic
AquaSpy, Inc.
Rain Machine

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