img

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 on: 2024-07-07 | No of Pages : 240 | Industry : Agriculture

Publisher : MIR | Format : PDF&Excel

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

Smart 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

  Download Free Sample

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.
 

Smart Irrigation Market Report Attributes
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
  • Rising automation in farming activities
  • Advancements in sensor technology & connectivity
  • The growing awareness & emphasis on environmental sustainability
  • Increasing Farming Automation
  • The rising focus on water conservation and sustainable water management practices
Pitfalls & Challenges
  • High initial investments
  • Infrastructure & connectivity challenges

What are the growth opportunities in this market?

 Download Free Sample

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

 Download Free Sample

The climate-based segment held over 10.5% of the smart irrigation market share in 2022. The climate-based system allows precise water planning based on real-time weather data and the evapotranspiration rates. These systems help in water conservation by mixing water as per the actual needs of plants, thereby preventing over-watering and reducing water wastage. The rising focus on water conservation and sustainable water management is leading to the adoption of climate-based smart irrigation solutions. In addition, the government initiatives & policies that promote water conservation and sustainable agriculture are driving the use of climate-based smart irrigation systems. Empowerment, financial support, and efficient water management encourage farmers and organizations to use innovative technologies. Support policies create an enabling environment for climate-based business to flourish in the smart irrigation industry.

Learn more about the key segments shaping this market

 Download Free Sample

The smart irrigation market from controller segment dominated around USD 700 million with the volume of over 4.9 million units in 2022. Increasing water conservation and sustainable practices in agriculture are driving the use of smart water technology. These controllers improve water usage by adjusting water activity based on air, soil moisture, and the crop water needs. Smart controls provide the sustainable management of water by reducing water wastage and increasing water efficiency. In an addition, Government initiatives & policies that promote water conservation and efficient water use play an important role in driving the use of smart water technology. Incentives, subsidies, and water quality policies encourage farmers and organizations to invest in technologies including smart controls, thereby contributing to the overall market growth.

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?

 Download Free Sample

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

 

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )