Smart Irrigation Market Research Report by Component (Controllers, Sensors, Water Flow Meters, Others), By System Type (Weather Based Controller Systems and Sensor Based Controller Systems), By Application (Agricultural {Green house, Open Field}, Non-Agri

Smart Irrigation Market Research Report by Component (Controllers, Sensors, Water Flow Meters, Others), By System Type (Weather Based Controller Systems and Sensor Based Controller Systems), By Application (Agricultural {Green house, Open Field}, Non-Agricultural {Residential, Turf and Landscape, Golf Courses, Others}), By Region (North America, Asia Pacific, Europe, Rest of the World)) Industry Forecast Till 2030

The smart irrigation market was estimated to be worth USD 1,492.8 million in 2023. The Smart Irrigation Market is anticipated to experience a compound annual growth rate (CAGR) of 14.3% during the forecast period, rising from USD 1,733.1 million in 2024 to USD 4,984.2 million by 2030.

By automating the irrigation system with controllers, sensors, and meters, smart irrigation systems monitor weather, soil, and water conditions, thereby ensuring that it is efficient, data-driven, and cost-effective. By implementing an intelligent irrigation system, farmers can prevent a variety of errors by utilizing controllers that assist in the evaluation and detection of issues through real-time monitoring of the irrigation system. This enables them to take corrective action. The smart irrigation industry is experiencing development as a result of the government's stringent water conservation regulations and the adoption of IoT-based architecture.

In recent years, smart irrigation systems have become increasingly popular as an alternative to conventional irrigation systems. The primary reason for this is the facilitation of irrigation system monitoring and regulation by farmers and other stakeholders as a result of advancements in communication technology. The ubiquitous use of mobile phones, particularly internet connections, has significantly facilitated this transition. This has resulted in mobile phones becoming an indispensable item for farmers, as they can now access critical information regarding weather, soil, and crop conditions through applications that are specifically designed for mobile phones.

Market segmentation insights
This investigation organizes the Global Smart Irrigations market by component type, which encompasses controllers, sensors, water flow meters, and other devices.
The Global Smart Irrigations market is segmented into two categories based on the type of system: sensor-based controller systems and weather-based controller systems.
The Global Smart Irrigations market is segmented into two categories according to its application: agricultural and non-agricultural.

Perspectives on the region
The investigation concentrates on markets in the Middle East, Africa, Asia, Europe, and North America. North America maintained the highest market share in 2023. The smart irrigation market in North America has experienced substantial growth as a result of government initiatives, technological advancements, and the demand for sustainable agricultural methods.

The demand for efficient water management in agriculture is increasing in Europe, and smart irrigation is acquiring momentum. Advanced technologies, including sensors, weather forecasts, and data analysis, have enabled farmers to more effectively manage their water supply, save money, and increase yields.

The demand for effective irrigation systems in the Asia-Pacific region is on the rise due to the scarcity of water and the rapid urbanization. In contemporary fine farming in Asia and the Pacific, the optimization of water resources through smart irrigation has become an essential activity.

Major Players
The following companies are among the market's main players: The Toro Company, Netafim, Hunter Industries, Rain Bird Corporation, HydroPoint, Rachio, Banyan Water, RainMachine - Green Electronics LLC, ET Water (Jain Irrigation, Inc.), Galcon, Weathermatic, Skydrop, Delta-T Devices, and Scotts Miracle-Gro.