According to the current analysis of Reports and Data, the global smart irrigation market is estimated to grow at a CAGR of 17.1% and reach USD 2,687.7 million in 2026. These systems monitor weather, soil conditions, evaporation and plant water use to automatically adjust the watering schedule to actual conditions of the site. The market is experiencing a growth trajectory primarily due to demand from farmers and agriculturalists who wish to automate the process of agriculture so that the water usage is reduced. The emergence of large institutional farms and the popularity of irrigating landscaped gardens are some other significant factors driving the growth of this industry

The research report is inclusive of the impact analysis of the currently unfolding COVID-19 pandemic. The pandemic has affected the economic scenario of the world and brought about dynamic changes in the demands and trends of key segments of the market. The report covers the current and future impact of COVID-19 on the overall market.

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Europe accounted for 33% of the market in 2019 and is projected to grow significantly in the forecast period. As the water quantity and scarcity concerns have arisen in a tragic way, the usage of efficient water management is now becoming a momentous topic in Europe. 

Major Players evaluated in the Report:

Netafim Ltd. (Israel), Calsense (U.S.), The Toro Company (U.S.), Rain Bird Corporation (U.S.), Hunter Industries (U.S.), Hydropoint Data System, Inc. (U.S.), Galcon Ltd. (Israel), Rachio Inc. (U.S.), and Weathermatic (U.S.). Netafim Limited

Type (Revenue, USD Million; 2016–2026)

Climate Based Controller System
Soil Moisture Controller System

Component (Revenue, USD Million; 2016–2026)

Sensors
Controllers
Water Flow Meters
Software
Other Components

Application (Revenue, USD Million; 2016–2026)

Agricultural fields
Landscape and Turf Irrigation
Greenhouse
Residential
Others

 Market Analysis based on Key Geographical Regions:

The report covers key regions such as North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. The report covers the production, growth, sales, demands, and consumption patterns, and forecast detail.

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Key Benefits of the Report:

Clear understanding of the Smart Irrigation market and its operations
Industrial chain analysis along with the current and future market trends and opportunities
Current market scenario and forecast estimation up to 2027 to understand the full growth potential of the Smart Irrigation industry
In-depth analysis of the factors influencing the growth of the market
Strategic marketing recommendations, key information for market entrants, and expansion plans of other businesses to offer a competitive edge to the reader
Extensive profiling of key competitors along with their business structures, strategies, and business expansion plans

The report provides a comprehensive analysis of competitive landscape along with detailed analysis of the mergers, acquisitions, joint ventures, partnerships, collaborations, and other strategic alliances. It also provides an extensive analysis of the latest product developments, technological advancement, and advancements research and developments in the global Smart Irrigation industry. The study offers forecast estimations up to 2027.

Focal Points of the Report:

Market Coverage:This section of the report gives a detailed account of the key manufacturers, market segments, product scope, product range, forecast period, and application landscape.
Executive Summary:This chapter focuses on the market growth rate, significant market drivers and restraints, current market trends, and competitive outlook.
Regional Analysis: This section delves into the latest import and export trends of the market, production and consumption ratio, the leading market players in each region, and revenue generation.
Manufacturers’ Portfolio: Complete portfolios of all the local and global manufacturers, along with the SWOT analysis, production value and capacity, product catalogue, and other important details of their businesses, constitute this section of the report.

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Related Reports –

Smart Irrigation Market - http://ipsnews.net/business/2020/04/15/smart-irrigation-market-to-record-significant-revenue-growth-during-the-forecast-period-2020-2027-hunter-industries-hydropoint-data-system-galcon-ltd-etc/ 

Smart Irrigation Market - https://www.openpr.com/news/2027675/smart-irrigation-market-to-expand-at-a-cagr-of-17-1-from-2020

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