Automated Irrigation Market Forecasts to 2028 – Global Analysis By Component (Sprinklers, Controllers and Other Components), System (Automatic, Semi-Automatic and Other Systems), Irrigation Type (Sprinkler Irrigation, Drip Irrigation and Other Irrigation

Automated Irrigation Market Forecasts to 2028 – Global Analysis By Component (Sprinklers, Controllers and Other Components), System (Automatic, Semi-Automatic and Other Systems), Irrigation Type (Sprinkler Irrigation, Drip Irrigation and Other Irrigation Types), Type, Application, End User and By Geography

According to Stratistics MRC, the Global Automated Irrigation Market is accounted for $4.05 billion in 2022 and is expected to reach $11.12 billion by 2028 growing at a CAGR of 18.30% during the forecast period. The practise of irrigation using automatic systems is known as automated irrigation. A minimal amount of manual intervention is necessary for an automated irrigation system to function. With the aid of the irrigation automation market, every stage in the irrigation process can be resolved automatically. For drip, sprinkler, and surface irrigation systems, it is particularly helpful. The manpower required for irrigation is greatly decreased with the aid of the irrigation automation market, which can lower irrigation costs. Irrigation Automation Market is also commonly utilised since it helps to conserve water and prevents water wastage during irrigation.

Market Dynamics:

Driver:

Rising awareness of automated irrigation technologies

The introduction of automated irrigation at the farm level has a number of advantages. Farmers are becoming more conscious of automated irrigation systems as the cost of labour and power rises. The use of automated irrigation systems to benefit farmers has been tested in a number of ways. The majority of farmers observed a notable reduction in daily power usage as well as less time and effort spent on the irrigation operation. Farmers were able to cut down on farm visits using automation, which helped lower labour costs. The installation of an automated irrigation system enhances agricultural precision by calculating the precise amount of water to use and the timing of the watering process. Using this level of precision, farmers' crop losses are reduced, and improves overall yield.

Restraint:

High cost associated with installation

A significant barrier to the expansion of the automated irrigation business can be the installation's high cost. The cost of installing sophisticated irrigation systems makes it more difficult for regional farmers to operate. Local farmers cannot or will not pay a significant sum of money for this irrigation system. The market for automated irrigation is significantly impacted as a result. This may limit the overall growth of the automated irrigation market over the course of the projected period.

Opportunity:

Increasing initiatives by governments

During the forecast period, rising government initiatives aimed at water conservation and irrigation automation system installation are anticipated to fuel market expansion. Using the most recent technologies and the creation of an enterprise information management system, the government of several nations is automating the operation of canal systems, irrigation assets, and water bodies. The government is also spending money to upgrade irrigation systems throughout several states and to protect water bodies since doing so would enable the responsible parties to release and regulate the flow of irrigated water from a distance in response to the actual needs of local farmers. Applications in both agriculture and non-agriculture are a significant component driving the market for irrigation automation systems.

Threat:

Impact of fragmented land holdings

Small landholdings are a concern in the majority of emerging nations. Sensors, flow metres, and controllers are just a few of the components that make up an automated irrigation system. For instance, less than two hectares of land is owned by 85% of agricultural households in India. Small farms cannot deploy smart technology because of the high installation costs and poor returns on investments. Land fragmentation results in incorrect resource and input allocation, which raises production costs. Utilizing irrigation automation systems on property that is fragmented wastes time, money, and resources because managing, monitoring, and gathering information from the dispersed terrain are a challenging endeavour. For small farmers, this makes it challenging to achieve economies of scale from irrigation automation solutions.

Covid-19 Impact

The COVID-19 pandemic has affected the supply chain for agricultural products because several nations are on lockdown and have closed their borders to stop the virus's spread. Every area of the economy has experienced growth since the COVID-19 outbreak, and the agriculture supply chain is no exception. Due to the rapidly declining global investment flows, the pandemic's influence on global trade and the supply chain is expanding as the world economy struggles with it. A considerable limitation in transportation has resulted from rigorous containment measures enforced by governments of various nations and preventive efforts to control the effects of the outbreak, having a ripple effect around the globe. Because of the unpredictable nature of the global economy and efforts to correct the supply/demand mismatch, it is anticipated that this tendency will continue.

The time-based segment is expected to be the largest during the forecast period

The time-based segment is estimated to have a lucrative growth. Time-based systems are being used more frequently as a result of the growing necessity to apply water in the correct amount and at the appropriate time. Gaining proper and complete control over the irrigation process and reducing labour costs are two additional major elements boosting the time-based systems segment's sales growth. It is anticipated that increased research and development efforts will result in the creation of easier-to-install, more affordable time-based systems for farmers.

The drip irrigation segment is expected to have the highest CAGR during the forecast period

The drip irrigation segment is anticipated to witness the fastest CAGR growth during the forecast period, due to it is extremely efficient, environmentally friendly, and best suited for places with severe water supply shortages. Growers' demand for automated drip irrigation systems is being driven by their higher operating efficiency and longer lifespan. Subsurface drip irrigation avoids water loss through runoff and evaporation, which has led to an increase in its use as growers become more aware of the urgent need for water conservation. Due to its lower energy consumption, higher consistency in yields, efficient use of crop protection and fertiliser without leaching, less reliance on weather, greater stability, lower risks, and ability to irrigate uniformly in any topography and soil type, growers prefer drip irrigation over other irrigation techniques.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period. Demand for irrigation automation systems to reduce water use is increasing in the region due to the prevalence of severe climatic conditions and growing water scarcity issues. Over the course of the projection period, expanding government activities pertaining to water conservation and the installation of irrigation automation systems are anticipated to further drive revenue growth.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period. Countries in the region are major exporters of agricultural goods. Large-scale businesses that are predominantly export-focused rule North America. The area benefits from having a well-organized distribution network. The main competitive advantages of the North American market include fertile soil, the availability of water and land, entrepreneurial farmers, and an effective infrastructure.

Key players in the market

Some of the key players profiled in the Automated Irrigation Market include Hunter Industries, Valmont Industries Inc., The Toro Company, Jain Irrigation Systems, Rain Bird Corporation, Lindsay Corporation, Galcon, Rubicon Water, Netafim, Nelson Irrigation and Irritec S.P.A

Key Developments:

In January 2022, The Toro Company announced that it acquired privately-held Intimidator Group, based in Batesville, Arkansas, involved in designing and manufacturing Spartan Mowers, a professional line of zero-turn mowers known for performance, durability, and distinctive styling.

In May 2021, Valmont Industries Inc acquired Prospera (Israel). The crop analytics start-up Prospera was acquired for USD 300 million. The partners claimed they now operated the largest vertically integrated AI company in agriculture, focusing on digitizing center pivot irrigation systems.

In March 2021, The Toro Company announced that it acquired Left Hand Robotics, Inc. The acquisition supported The Toro Company’s leadership strategy in next-generation technologies, including alternative power, smart connected, and autonomous products. The terms of the transaction were not disclosed.

In August 2020, Lindsay Corporation launched Field NET with Water Trend, a powerful new feature with critical crop water usage insights to aid in effective and efficient irrigation decision-making. It allowed growers to remotely monitor and control all aspects of its existing pivot and lateral irrigation systems, regardless of the equipment’s age or brand, from a smartphone, tablet or computer 24-hours a day.
Components Covered:
• Sprinklers
• Controllers
• Valves
• Sensors
• Other Components

Systems Covered:
• Automatic
• Semi-Automatic
• Other Systems

Irrigation Types Covered:
• Sprinkler Irrigation
• Drip Irrigation
• Surface Irrigation

Types Covered:
• Real-Time Based
• Time-Based
• Volume-Based
• Computer-Based Control System
• Other Types

Applications Covered:
• Water Resource Management
• Soil Management
• Ground Water Management
• Other Applications

End Users Covered:
• Agricultural
• Open Fields
• Greenhouses
• Golf Courses
• Lawns
• Sports Grounds
• Non-Agricultural
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements