Research Nester assesses the growth and market size of global irrigation automation market which is anticipated to be on account of the growing water scarcity due to wastage in agricultural practices.
Research Nester’s recent market research analysis on “Irrigation Automation Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitor’s analysis and a detailed overview of the global irrigation automation market in terms of market segmentation by system, irrigation type, component, end use and by region.
Growing Manufacturing of Weather Modeling Solutions to Promote Global Market Share of Irrigation Automation
The global irrigation automation market is estimated to grow majorly on account of increased development of advanced weather forecasting solutions. Major companies are extensively developing advanced weather modeling solutions that integrate meteorological data, satellite observations, and computer simulations to provide comprehensive and site-specific weather forecasts.
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Additionally, governments are promoting the usage of these solutions by offering programs, financing, and regulations. For instance, in 2018, in India, using the protocols established by the Space Applications Centre, ISRO, MNCFC periodically produced crop predictions at the district, state, and national levels for the nine principal crops grown in the nation as part of the Ministry of Agriculture and Farmers Welfare's operational component of the FASAL program.
Some of the major growth factors and challenges that are associated with the growth of the global irrigation automation market are:
Growth Drivers:
• Growing demand for micro-irrigation systems
• Benefits offered by automated irrigation systems
Challenges:
Producers or farmers do not know how to use data to make informed decisions. For farmers and producers to collect, organize, process, and use data effectively, they must have access to the appropriate tools and management techniques. To facilitate decision-making based on variables like context, relevance, and priority, raw data is collected, processed, and displayed.
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Also, irrigation automation systems, which comprise sensors, controls, valves, and sprinklers, are more expensive than manual procedures. This presents a concern for some farmers, particularly those running small farms with limited funding. Therefore, a lack of technical expertise and larger initial cost are some of the major factors that may hamper the growth of the irrigation automation market.
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By irrigation type, the global irrigation automation market is segmented into sprinkler, drip, and surface. The drip segment is to garner a highest revenue by the end of 2036 by growing at a significant CAGR over the forecast period. The segment’s growth can be attributed to the benefits provided by drip systems such as maximum water saving and root-to-root irrigation. These systems are less cost-effective, but they last for around ten years after installation. Furthermore, drip irrigation uses water around 95%-100% more efficiently than other techniques; for farmers who live in drought-prone areas with limited water supplies, drip irrigation is perfect. Furthermore, these technologies are becoming popular throughout the world due to their benefits. Consequently, the worldwide industry has been growing at a similar pace, and this trend is expected to persist for the duration of the forecast.
By region, the Europe irrigation automation market is to generate the highest revenue by the end of 2036. Large-scale drip irrigation initiatives have improved agriculture and food security in Europe due to the government’s supportive measures. Furthermore, agriculture has promoted quick modernization, which has resulted in the adoption of cutting-edge irrigation and farming technologies. Therefore, the adoption of irrigation automation systems, including sprinklers and drip irrigation, is influenced by the growing need for effective water management solutions. This contributes even more to the market expansion for micro irrigation systems throughout Europe.
This report also provides the existing competitive scenario of some of the key players of the Netafim, Lindsay Corporation, The Toro Company, Jain Irrigation Systems, Valmont Industries Inc., Rain Bird Hunter Industries, Nelson Irrigation, Irritec S.p.A, Galcon, and others.
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