Smart Irrigation Market Size - By System Type (Climate-Based, Sensors-Based), By Component (Controller, Sensors) By End Use (Agriculture, Non-Agriculture), & Global Forecast, 2023 - 2032
Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Agriculture | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationSmart Irrigation Market Size
Smart Irrigation Market size valued at USD 1.4 billion in 2022 and is anticipated to grow at a CAGR of 12% between 2023 and 2032. Rising water scarcity and droughts in many parts of the world have created the need for efficient water management in agriculture and infrastructure. Smart irrigation systems can precisely control water use, aiding in the efficient watering of plants while reducing water wastage. Micro-irrigation Systems Market size is poised to record 10% CAGR during the forecast period.
To get key market trends
Furthermore, there is a growing awareness about environmental issues including water pollution & soil erosion and the impacts of traditional agriculture on ecosystems. Smart irrigation systems offer effective solutions by reducing water use, reducing chemical emissions, and improving the overall resource efficiency. These factors contribute to agricultural production, which is important for the protection of the environment and minimizing the ecological impact.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Smart Irrigation Market Size in 2022 | USD 1.4 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 12% |
| 2032 Value Projection | USD 4 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 250 |
| Tables, Charts & Figures | 500 |
| Segments covered | System type, component, End-use |
| Growth Drivers |
|
| Pitfalls & Challenges |
|
What are the growth opportunities in this market?
Smart irrigation refers to the use of technologies and systems to improve & optimize water flow in agriculture, construction, and other water-intensive applications. Smart irrigation systems use sensors, weather data, soil moisture monitoring techniques, and real-time data to determine the water needs of plants and distribute water efficiently.
Lack of infrastructure development and connectivity issues can hinder the smart irrigation market growth. Smart irrigation systems rely on powerful communication systems to exchange data between sensors, controllers, and cloud-based platforms. In some rural or remote areas, the availability of reliable connections may be limited, leading to difficulties in the use & operation of these systems. Without a stable & fast network, real-time data transmission and remote monitoring are compromised.
COVID-19 Impact
The COVID-19 pandemic has had both positive & negative impacts on the smart irrigation market. The pandemic led to disruptions in supply chains and manufacturing operations worldwide. Restrictions on international trade, lockdown measures, and reduced workforce availability affected the production and distribution of smart irrigation components & systems. Delays in the supply chain impacted project timelines and installations, causing temporary setbacks in the market.
Smart Irrigation Market Trends
A prominent trend in the smart irrigation industry is the adoption of wireless connectivity standards. Smart irrigation systems can overcome the challenges of distance, power consumption, and compatibility by adopting the standardized wireless connectivity protocols such as LoRaWAN, NB-IoT, and Sigfox. These protocols ensure interoperability among different devices & vendors, allowing for seamless integration and the scalability of smart irrigation networks. The use of standardized protocols simplifies the deployment & management of smart irrigation systems across diverse environments, enhancing their effectiveness & reliability.
Smart Irrigation Market Analysis
Learn more about the key segments shaping this market
In 2022, a clever irrigation method called "climate-based" controlled a huge chunk, over 10.5%, of the smart irrigation market. This method lets farmers plan how much water to use based on the weather and how much water vapor plants give off. It's like a superpower for water conservation! These smart irrigation systems make sure plants get exactly the right amount of water they need, no more, no less. This way, farmers can avoid overwatering and wasting precious water. It's like giving plants a personalized water spa treatment. More and more people are getting serious about saving water and managing it sustainably. This is driving up demand for smart irrigation solutions that are based on the climate. Plus, governments are stepping in with laws and programs to encourage water conservation and sustainable farming, which is like adding fuel to the climate-based smart irrigation revolution. Finally, financial help, education, and good water management practices are giving farmers and businesses the power to adopt these cutting-edge technologies. It's like creating a welcoming home for climate-based businesses to thrive in the smart irrigation world.
Learn more about the key segments shaping this market
Hey there! I've got some interesting news about the smart irrigation market. In 2022, the part of the market that sells controllers was huge, raking in about $700 million and selling more than 4.9 million units! Why is this happening? Well, people are getting more and more worried about saving water and being sustainable when it comes to farming. Smart watering tech like controllers is a big help here. They figure out how much water your crops need based on things like the weather, how wet the soil is, and what kind of crops you're growing. They then adjust how much water they give your plants accordingly. These controllers are a great way to save water and use it more efficiently. Plus, governments are also getting involved by giving incentives and making rules that encourage people to use less water and use it more wisely. All of this is helping the smart irrigation market grow even faster.
The smart irrigation market from non-agriculture segment is set to register a CAGR of 11.5% through 2032. Smart irrigation is increasingly being utilized in commercial properties such as office complexes, shopping malls, hotels, and industrial sites. These properties often feature extensive outdoor landscaping that requires regular irrigation. Smart irrigation systems enable precise control and automation of irrigation processes, optimizing water usage and reducing maintenance costs for commercial property owners.
Furthermore, the non-agricultural segment of the smart irrigation industry offers opportunities to improve water use, conserve resources, and improve sustainability and aesthetics in many areas. Adopting smart water management in non-agricultural applications generally saves water and promotes environmentally friendly practices across a wide range of industries.
Looking for region specific data?
Asia Pacific smart irrigation market accounted for 20% revenue share in 2022. The Asia Pacific region has a large agricultural sector, where a part of the population is engaged in agriculture & farming activities. The increasing demand for food coupled with the need to improve water usage in agriculture ensures the effective use of the resource. The benefits of smart water usage in crop improvements, water efficiency and the overall agricultural performance are rapidly gaining recognition.
Rapid developments in technologies, such as IoT, data analytics, and wireless connectivity, are also driving the market revenue in Asia Pacific. These technological advancements enable real-time monitoring, remote control, and data-driven decision making in pipeline management. The increasing affordability & accessibility of these technologies support their adoption in various agricultural areas of Asia Pacific.
Smart Irrigation Market Share
Some of the major companies operating in the smart irrigation market is
- AquaSpy
- Blossom
- CALSENSE
- ETwater (by Jain Irrigation Systems)
- Galcon Ltd.
- Green IQ
- Hortau Inc.
- HUNTER INDUSTRIES
- Hydrawise (by Hunter Industries)
- HydroPoint Data System
- NETAFIM
- Rachio inc.
- Rain Bird Corporation
- RainMachine
- Skydrop Ltd.
- The Toro Company
- VALMONT INDUSTRIES, INC
- Weathermatic
- WeatherTRAK (by Acclima Inc).
These companies focus on strategic partnerships and new service launches & commercialization for market expansion. Furthermore, these companies are heavily investing in research to introduce innovative services and garner maximum revenue in the market.
Smart Irrigation Industry News
- In February 2022, Netafim USA, a subsidiary of Netafim Ltd., launched its new AlphaDisc filter, which was designed to protect irrigation systems against the clogging caused by organic contaminants.
- In February 2021, Rain Bird, an international producer of irrigation products, launched its mobile app for landscape irrigation professionals to provide easy access to information. Through this app, distributors, contractors, and other irrigation professionals can obtain information pertaining to irrigation equipment and other materials.
The smart irrigation market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments
Click here to Buy Section of this Report
Market, By System Type
- Climate-based
- Sensors-based
Market, By Component
- Controllers
- Evapotranspiration (ET) controllers
- Soil moisture controllers
- Flow-based Controllers
- Wireless network-based controllers
- Sensors
- Soil moisture sensors
- Weather sensors
- Rain & freeze sensors
- Others
Market, By End Use
- Agriculture
- Greenhouses
- Open fields
- Non-agriculture
- Industrial
- Commercial
- Residential
The above information has been provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- ANZ
- Singapore
- Latin America
- Brazil
- Mexico
- MEA
- UAE
- Saudi Arabia
- South Africa
Related Reports
- Functional Printing Market Size - By Material (Substrate, Inks), By Technology (Inkjet Printing, Screen Printing, Flexog...
- Frozen Food Packaging Market Size - By Packaging Type (Boxes, Bags, Tubs & Cups, Trays, Pouches, Wraps & Films), By Mate...
- Palletizer Market Size - By Type (Robotic Palletizers, Conventional Palletizers, Automated Palletizers, Manual Palletize...
- Temperature Controlled Packaging Solutions Market Size - By Type (Passive Systems, Active Systems), By Product (Insulate...
- Laminated Labels Market Size - By Material Type (Polyester, Polypropylene, Vinyl), By Composition (Lamination layer, Fac...
- Bottled Water Processing Market Size - By Type (Purified Water, Sparkling Water, Spring Water, Mineral Water), By Packag...
Table of Content
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
List Tables Figures
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy