Smart Irrigation Market Increasing at A Phenomenal Pace to Reach USD 2.9 Billion by 2028

15-Jul-2021 | Zion Market Research

Some of the key players operating in the smart irrigation market are Rain Bird Corporation, The Toro Company, Hunter Industries, Netafim, HydroPoint Data Systems, Inc., Baseline Inc., CALSENSE, Rachio Inc., California Sensor Corporation, Banyan Water and Weathermatic, amongst others. These players are set to bolster the development of global smart irrigation market.

According to analysts at Zion Market Research, the global smart irrigation market accounted for USD 0.9 Billion in 2020 and is expected to reach USD 2.9 Billion by 2028, growing at a CAGR of 14.7% from 2021 to 2028.

This review is based on a report by Zion Market Research, titled “Smart Irrigation Market by Component (Controllers, Sensors, Water Flow Meters and Others), by System Type Weather-based and Sensor-based), by Application (Agricultural and Non-Agricultural): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”

Rising Technological Developments to Spur Market Growth

With a rising trend of smart cities around the world, the market is expected to grow as adoption of smart irrigation controllers is high in such cities. With a number of regions around the world experiencing severe weather, smart irrigation systems can be extremely efficient.

Moreover, the sensor network is a vital component of the smart irrigation system as it helps monitor a variety of parameters including pH, soil moisture, rain, temperature, water flow and also enables farmers recognize a number of different nutrients in the soil which can benefit them greatly. Upcoming trends in the market such as integration of modern technologies like wireless sensors, AI with irrigation sprinklers and dripping systems, solar-powered batteries, and others can also be expected to boost the global smart irrigation market growth.

Presence of Big Players in The Region Support North American Dominance

With the largest share, North America was a leading regional market for smart irrigation in 2020 followed by Asia Pacific. The growth of this region is mainly attributed to increasing usage of smart irrigation systems and IoT devices such as sensors, controllers and water flow meters by farmers and presence of major players such as The Toro Company, Hunter Industries, Rain Bird Corporation and HydroPoint. Asia Pacific is expected to grow with the highest CAGR during the analysis period.

Browse the full Smart Irrigation Market by Component (Controllers, Sensors, Water Flow Meters and Others), by System Type Weather-based and Sensor-based), by Application (Agricultural and Non-Agricultural): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/smart-irrigation-market

The global smart irrigation market is segmented as follows:

By Component

  • Controllers
  • Sensors
  • Water Flow Meters
  • Others

By System Type

  • Weather-based
  • Sensor-based

By Application

  • Agricultural
  • Non-Agricultural

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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