Smart Irrigation Market Trends, Growth Factors and Opportunity 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Smart Irrigation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global smart irrigation market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Smart Irrigation Market?

What is Smart Irrigation?

Smart irrigation involves advanced sprinklers and sensors that monitor and tailor the watering schedules in chosen regions for agricultural and non-agricultural purposes. It includes controller nodes, valves, solar panels, and a range of other measuring devices that help track the weather, water usage by plants, soil conditions, pH levels, and humidity. These systems further enable farmers to reduce drainage from over-watering saturated soils, prevent irrigating, and improve crop output through an adequate water supply. Moreover, smart irrigation lowers the environmental impact and minimizes expenses by using water and energy effectively. Consequently, it finds extensive applications in greenhouses, agricultural fields, and landscapes.

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What are the Growth Prospects and Trends in the Smart Irrigation Industry?

The global smart irrigation market is mainly driven by the rising need for cost-effective irrigation management solutions and digital monitoring systems in the agriculture sector. Additionally, the extensive integration of the Internet of Things (IoT) and multi-level sensors is favoring the market growth. These solutions utilize weather, soil moisture, temperature, and wind-flow data to minimize water wastage and maintain the overall plant health, yield, and quality. Moreover, the growing need for efficient watering solutions in non-agricultural applications is facilitating the product demand in households. Furthermore, the implementation of sustainable government initiatives promoting water conservation, owing to escalating water scarcity, is propelling the market growth. Besides this, significant technological advancements in remote sensing and monitoring solutions and the fueling incorporation of solar-powered batteries in smart irrigation systems are supporting the market growth.

Who are the Key Players Operating in the Smart Irrigation Market?

The competitive landscape of the industry has also been examined with some of the key players.

• AquaSpy, Inc.
• Banyan Water
• Caipos GmbH
• Calsense
• Delta-T Devices Ltd.
• Jain Irrigation
• Galcon Ltd.
• Hunter Industries Incorporated
• HydroPoint Data Systems
• Netafim Limited
• Rachio
• Rain Bird Corporation
• Soil Scout Oy
• The Toro Company

What is Included in Market Segmentation?

The report has categorized the market based on component, technology, application system type and region.

Breakup by Component:

• Hardware
  • Sensors
  • Controllers
  • Sprinkler Nozzles
  • Water Flow Meters
  • Others
• Software

Breakup by Technology:

• Evapotranspiration
• Soil Moisture

Breakup by Application:

• Agricultural
  • Greenhouse
  • Open field
• Non-agricultural
  • Residential
  • Turf & Landscape
  • Golf Course
  • Others

Breakup by System Type:

• Weather-Based System
• Sensor-Based System

Breakup by Region:

• North America (United States, Canada)
• Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

Key Highlights of The Report:                                                    

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Article source: https://article-realm.com/article/Business/48060-Smart-Irrigation-Market-Trends-Growth-Factors-and-Opportunity-2023-2028.html