Automated Irrigation Market Size, Growth and Comprehensive Research by Expert Forecast to 2027


Posted December 30, 2021 by vijay_k

The automated irrigation market is projected to reach approximately USD 9,365.02 millionby 2028, at a CAGR of 5.3% from 2021 to 2028
 
The global automated irrigation market is projected to be valued at USD 365.02 million by 2028, recording a CAGR of 5.3% during the forecast period. Automation in agriculture is enabling farmers to deal with enormous challenges. Automation addresses agriculture issues and increases the quality, quantity, sustainability, and cost-effectiveness of agricultural production. The level of accuracy of temperature, moisture, pH of the soil affects crop productivity to a greater extent.

Higher the level of accuracy would be the chances to make crops being damaged at a lower rate. These are some of the challenges which can be eliminated to a greater extent with automated irrigation market thus, driving the market demand. Furthermore, automated irrigation can help in crop water management to manage the limited water supply smartly with the least wastage of water resources.

The advent of the global pandemic, COVID-19, has resulted in a global crisis. Impacting over 220 countries, the outbreak has already created an economic backdrop worldwide. As of May 2021, more than 167 million confirmed cases of COVID-19 globally, and more than 220 countries have been affected by the pandemic.

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Segmental Analysis

The global automated irrigation market has been segmented based on components, type, application, end use, and region.

Based on components, the global automated irrigation market has been divided into controllers, sensors, valves, sprinklers, and others. The controllers segment accounted for the largest market share in 2020. However, the sensors segment is projected to gain a higher CAGR during the review period as sensors help in determining irrigation needs and gaining real-time soil moisture levels. They help in improving connectivity along with accessing real-time data via an installed app or a web-based interface to irrigators on their smartphones.
Based on type, the global automated irrigation market has been segmented as time-based, volume-based, real-time-based, and computer-based control systems. The time-based segment accounted for the largest market share in 2020. However, the real-time-based segment is projected to gain higher CAGR during the review period. The fast growth of real-time-based irrigation systemsis owing to the increasing demand for real-time data gathered using sensors and tensiometers for rain, temperature, and weather. Moreover, real-time-based automation systems are more sustainable in comparison with time-based systems, as they consume lesser water. Owing to these factors, the real-time segment is anticipated to experience the fastest growth over the forecast period.
Based on application, the global automated irrigation market has been segmented into water resource management, soil management, and groundwater management. The groundwater management segment accounted for the lower market share in 2020.
Based on end use, the global automated irrigation market has been segmented into agricultural and non-agricultural.
Key Players

Market Research Future has recognized the following companies as the key players in the global automated irrigation market: The Toro Company (US), Hunter Industries (US), Netafim (Israel), Stevens Water Monitoring Systems Inc. (US), Valmont Industries, Inc. (US), Lindsay Corporation (US), Jain Irrigation Systems Ltd (India), Hydro Point Data Systems, Inc. (US), Nelson Irrigation (US), and Galcon (Israel).

Regional Analysis

Geographically, the global automated irrigation market has been categorized as North America, Europe, Asia-Pacific, South America, and Middle East & Africa. As per MRFR analysis, North America constituted a dominant share of the automated irrigation market in 2020.

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North America dominated the global automated irrigation market in 2020 and is also expected to dominate the market during the forecast period. The significant factors for the rising growth of automated irrigation are the presence of key manufacturers coupled with government regulations on strict water footprint.

Asia-Pacific is expected to exhibit a significant growth rate during the forecast period. The consumer inclination towards automation in agriculture is anticipated to boost the demand for the automated irrigation market. Moreover, strong government support and vast agriculturalland arefurther propelling the growth of the automated irrigation market.

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Issued By Vijay k
Country India
Categories Health
Tags automated irrigation market , automated irrigation market share , automated irrigation market size
Last Updated December 30, 2021