Smart Irrigation Market to Grow with a CAGR of 14.21% through 2030
Global concern over water scarcity and technological advancements is expected to drive the Global Smart Irrigation Market growth in the forecast period, 2026-2030.
According to TechSci
Research report, “Smart Irrigation Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the Global Smart
Irrigation Market stood at USD 1.73 billion in 2024 and is anticipated to grow
with a CAGR of 14.21% in the forecast period through 2030. This can be attributed
to precision agriculture practices. The adoption of precision agriculture
practices has significantly contributed to the expansion of the smart
irrigation market. Precision agriculture leverages technology to optimize
various aspects of farming, including irrigation. Farmers can now tailor
irrigation schedules based on specific crop needs, soil conditions, and weather
forecasts, resulting in improved resource efficiency and crop yields.
Furthermore,
blockchain technology is making inroads into the smart irrigation market,
offering a secure and transparent platform for data sharing. This trend
addresses concerns related to data security and privacy by providing a
decentralized and tamper-resistant system. Blockchain can facilitate trust
among stakeholders and streamline data exchange, fostering collaboration in the
smart irrigation ecosystem.
The Global Smart Irrigation Market has been witnessing significant growth driven by the increasing adoption of advanced technologies in agriculture and a growing need for efficient water management. Smart irrigation systems utilize sensors, weather data, and real-time monitoring to optimize water usage in agriculture, landscaping, and other applications. The market has benefited from continuous advancements in sensor technologies, IoT (Internet of Things), and data analytics. These technologies enable farmers and land managers to make informed decisions about irrigation based on real-time data. With increasing concerns about water scarcity, smart irrigation systems play a crucial role in conserving water by delivering the right amount of water at the right time, minimizing wastage.
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The Global Smart
Irrigation Market is segmented into type, component, end use, regional distribution,
and company.
Based on type, the Smart Irrigation Market is experiencing rapid growth, with sensor-based systems leading the way. This growth is driven by the increasing demand for water conservation, as sensors like soil moisture, weather, and flow meters provide real-time data to optimize water usage. By ensuring that water is applied only when and where it's needed, these systems minimize waste and improve water conservation efforts. Additionally, sensor-based systems enhance efficiency by automating irrigation processes based on real-time environmental factors, which leads to healthier crops and lower water consumption. This efficiency translates into cost savings, reducing expenses related to water, electricity, and labor. The integration of Internet of Things (IoT) technology in these systems further contributes to growth, as it allows for remote monitoring and control, making irrigation more data-driven and convenient for farmers.
Based on region, The Asia Pacific region is showing significant growth in the Smart Irrigation Market, driven by a combination of factors including population growth, agricultural demand, and the need for efficient water management. As one of the largest agricultural producers in the world, countries in the region face increasing pressure to optimize water usage due to limited water resources and the effects of climate change, such as droughts and unpredictable rainfall patterns. Smart irrigation solutions, particularly sensor-based systems, are being adopted rapidly to address these challenges, offering precise and efficient water management. Additionally, governments in many Asia Pacific countries are offering subsidies and incentives to promote sustainable farming practices, further boosting the adoption of smart irrigation technologies. The increasing awareness of environmental sustainability, coupled with technological advancements and falling costs of sensor-based systems, is fueling the demand for smart irrigation in the region.
Major companies
operating in Global Smart Irrigation Market are:
- Rain Bird Corp
- Toro Co/The
- Hunter Industries Inc
- ET Water Systems Inc
- HydroPoint Data Systems Inc
- Rachio Inc
- Stevens Water Monitoring Systems Inc
- Orbit Irrigation Products LLC
- CALSENSE
- WEATHERMATIC
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“The upcoming
trends in the Global Smart Irrigation Market reflect a dynamic and innovative
landscape. From the integration of cutting-edge technologies like AI and IoT to
a focus on scalability and sustainability, these trends promise to redefine the
future of agriculture. As these advancements continue to unfold, the smart
irrigation market is set to play a pivotal role in addressing the challenges of
water scarcity, enhancing crop productivity, and fostering a more sustainable
and resilient global agricultural system,” said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
“Smart Irrigation Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Climate Based, Sensor Based), By Component (Controllers, Sensors, Meters, Others), By End Use (Agriculture, Golf Course, Residential, Others), By Region and Competition, 2020-2030F”,
has evaluated the future growth potential of Global Smart Irrigation Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Smart Irrigation Market.
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