The latest report by MarkNtel Advisors, titled “Smart Irrigation Market Report By Irrigation Technology (Sprinkler Irrigation, Centre-pivot Irrigation, Drip Irrigation, Micro-Irrigation, Irrigation drones), By Component (Climate based Controllers, Soil moisture Sensor controllers, Weather-based controllers, Sensor-based controllers, Rain/freeze sensors, Wind sensors, Flow sensors) By End-User (Residential Lawns/Gardens, Agricultural Lands, Golf courses, Sport Stadiums), other and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the Smart Irrigation Market research report.
What is the market outlook for Smart Irrigation?
The Global Smart Irrigation Market size was valued at around USD 2.5 Billion in 2023 and is projected to grow at a CAGR of around 15% during the forecast period, i.e., 2024-30.
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Major Companies Operating in the Smart Irrigation Industry:
Rain Bird Corporation, Calsense, Galcon, Weathermatic, Cultyvate, Hydropoint, Netafirm, Stevens Water Monitoring Systems, CropX, Ecozen Solutions, Water Bit, AquaSpy
Smart Irrigation Market Report Segmentation:
By Irrigation Technology
-Sprinkler Irrigation
-Centre-pivot Irrigation
-Drip Irrigation
-Micro-Irrigation
-Irrigation drones
By Component
-Climate based Controllers
-Soil moisture Sensor controllers
-Weather-based controllers
-Sensor-based controllers
-Rain/freeze sensors
-Wind sensors
-Flow sensors
- Of these, Sensor-based controllers are projected to thrive in the market extraordinarily.
By End User
-Residential Lawns/Gardens
-Agricultural Lands
-Golf courses
-Sport Stadiums
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Regional Insights:
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Rest of Asia-Pacific
- South America: Brazil, Rest of South America
- Middle East & Africa: GCC, South Africa, Egypt, Rest of MEA
Global Smart Irrigation Market Driver: The Diminishing Cost of Sensors & Controllers Used in the System
Manufacturers supplying low-cost sensors have promoted the easy availability of sensors worldwide. These sensors, including soil moisture, rain/free, fertigation, and flow sensors, can be easily attached to the nodes, simultaneously making an irrigation system highly efficient and affordable.
Along similar lines, several latest sensors, such as leaf water stress monitoring sensors, multi-level soil moisture sensors, or water salinity monitoring sensors, designed primarily by using copper coils and other pocket-friendly materials, have already been introduced by the key manufacturers to cut down the exorbitant cost and meet the consistent demand of the under-developed nations. Thus, the cost-effectiveness of sensors and controllers encourages farmers to opt for such advanced techniques in a bid to attain efficient irrigation systems, thereby making a substantial contribution in enhancing the Smart Irrigation Market size.
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