Intelligent Irrigation Systems Market Size, Share, Trend, Growth Report 2030
Intelligent Irrigation Systems Market Size - By System Type (Weather-Based and Sensor-Based), By Application (Agriculture and Non-Agriculture), By Component (Controllers, Water Flow Meters, and Sensors), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026
| Market Size in 2019 | Market Forecast in 2026 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 1.2 Billion | USD 3.1 Billion | 15.1% | 2019 |
Intelligent Irrigation Systems Market: Industry Perspective
The Global Intelligent Irrigation Systems Market accrued earnings worth approximately 1.2 (USD Billion) in 2019 and is predicted to gain revenue of about 3.1(USD Billion) by 2026, is set to record a CAGR of nearly 15.1% over the period from 2020 to 2026. The report offers an assessment and analysis of the Intelligent Irrigation Systems market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).
Intelligent Irrigation Systems Market: Overview
The intelligent irrigation system is an advanced system irrigating the soil with the aid of network parts. The traditional irrigation system is connected to the network as well as smart detecting equipment. Intelligent irrigation systems are making use of controllers, meters, and sensors for monitoring irrigation facilities. These systems enhance water proficiency and assist in effectively handling water sprinklers as well as drip irrigation through the use of sensor controls. Furthermore, the product is utilized for monitoring soil, moisture, water flow, and temperature.
Intelligent Irrigation Systems Market: Growth Dynamics
The massive demand for intelligent irrigation systems in farming activities and the cost-effectiveness of these products have resulted in a surge in market demand across the globe in recent years. Moreover, these systems have assisted farmers in minimizing the waste of water. Furthermore, rise in the smart city projects and the requirement for proficient irrigation tools has culminated in a huge need for intelligent irrigation systems. In addition to this, intelligent irrigation systems have also been adopted in emerging economies such as India and China due to the need for high crop harvest to fulfill the food necessity of its exploding population. This, in turn, will proliferate in the surge in the market size over the forthcoming years. With the product offering environmental sustainability, minimizing the cost of labor, and helping governments in planning the efficient use of water resources, the market for intelligent irrigation systems is anticipated to accelerate in the near future.
Intelligent Irrigation Systems Market: Regional Landscape
North American Market To Witness Noteworthy Surge Over 2020-2026
The expansion of the intelligent irrigation systems industry in the North American sub-continent can be ascribed to the large-scale allocation of funds for smart irrigation projects in countries like Canada and the U.S. Additionally, many farmers in the U.S. are making use of smart irrigation tools at a rapid pace. All these aspects will add to tremendous business growth and product penetration in the region over the coming decade. Use of IoT has also contributed sizably to the regional market size.
Intelligent Irrigation Systems Market: Report Scope
| Report Attributes | Report Details |
|---|---|
| Report Name | Intelligent Irrigation Systems Market Report |
| Market Size in 2019 | USD 1.2 Billion |
| Market Forecast in 2026 | USD USD 3.1 Billion |
| Growth Rate | CAGR of 15.1% |
| Number of Pages | 120 |
| Key Companies Covered | The Toro Company (The U.S.), Banyan Water (The U.S.), Hunter Industries (The U.S.), HydroPoint (The U.S.), Rachio (The U.S.), Rain Bird Corporation (The U.S.), and Rain Machine (The U.S.). |
| Segments Covered | By System Type, By Application, By Component, and By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
| Base Year | 2019 |
| Historical Year | 2016 to 2019 |
| Forecast Year | 2020 - 2026 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Key firms influencing the market growth include
- The Toro Company (The U.S.)
- Banyan Water (The U.S.)
- Hunter Industries (The U.S.)
- HydroPoint (The U.S.)
- Rachio (The U.S.)
- Rain Bird Corporation (The U.S.)
- Rain Machine (The U.S.).
The global Intelligent Irrigation Systems Market is segmented as follows:
By System Type
- Weather-Based
- Sensor-Based
By Application
- Agriculture
- Non-Agriculture
By Component
- Controllers
- Water Flow Meters
- Sensors
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 The Middle East & Africa
Table Of Content
Methodology
FrequentlyAsked Questions
The massive demand for intelligent irrigation systems in farming activities and the cost-effectiveness of these products has resulted in surge in the market demand across the globe in the recent years. Moreover, these systems have assisted farmers in minimizing waste of water. Furthermore, rise in the smart city projects and requirement of proficient irrigation tools has culminated in huge need for intelligent irrigation systems. In addition to this, intelligent irrigation systems has also been adopted in the emerging economies such as India and China due to need for high crop harvest to fulfill the food necessity of its exploding population. This, in turn, will proliferate in the surge in the market size over the forthcoming years. With the product offering environmental sustainability, minimizing cost of labor, and helping governments in planning the efficient use of the water resources, the market for intelligent irrigation systems is anticipated to accelerate in the near future.
According to Zion market research report, the global Intelligent Irrigation Systems market accrued earnings worth approximately 1.2 (USD Billion) in 2019 and is predicted to gain revenue of about 3.1(USD Billion) by 2026, is set to record a CAGR of nearly 15.1% over the period from 2020 to 2026.
Which region will contribute notably towards the global Intelligent Irrigation Systems Market value?
North American sub-continent will contribute lucratively towards the global market size over the estimated timeline. The regional market surge can be ascribed to large-scale allocation of funds for smart irrigation projects in countries like Canada and the U.S. Additionally, many of the farmers in the U.S. are making use of smart irrigation tools at a rapid pace. All these aspects will add to a tremendous business growth and product penetration in the region over the coming decade. Use of IoT has also contributed sizably towards the regional market size.
The key market participants include The Toro Company (The U.S.), Banyan Water (The U.S.), Hunter Industries (The U.S.), HydroPoint (The U.S.), Rachio (The U.S.), Rain Bird Corporation (The U.S.), and Rain Machine (The U.S.).
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