Recent Developments
Smart irrigation technology monitors soil, weather, and water conditions by automating the irrigation system with the using of sensors, controllers, and meters, and are data-driven, efficient, and cost-effective. By providing many advantages, smart irrigation systems, and solutions adopted in different parts of the world.
High installation price and low awareness and technical awareness among farmers are some of the main aspects that may hinder the market.
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Market Overview
Market Data Forecast published a report named as Smart Irrigation Market was worth USD 934.72 million in 2019 and estimated to be growing at a CAGR of 17.2%, to reach USD 2066.9 billion by 2024.
Report segmented as:
By Components:
Sensors
Flow Meter
Smart Detection System/Network Elements
By Irrigation Controller:
Weather-Based Controllers
Sensor-Based Controllers
Geographical Segmentation:
Based on geography, the market divided under many countries such as North America, Europe, Asia-Pacific, and the Rest of the World. North America has led the global Smart Irrigation Market.
Key market players
Netafim Ltd.
Rain Bird Corporation
Rachio Inc
HydroPoint Data Systems, Inc.
Galcon Ltd.
The Toro Company
Telsco Industries Inc.
Hunter Industries, Inc.
Valmont Industries, Inc.
Orbit Irrigation Products Inc.
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The Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.
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