Smart Irrigation Market Size, Key Player Revenue, SWOT, PEST & Porter’s Analysis for 2023–2028

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Smart Irrigation Market report also sheds light on the supply chains and the changes in the trends of the upstream raw materials and downstream distributors.

The global market for smart irrigation is projected to grow at a compound annual growth rate (CAGR) of 14.50% and reach USD 3095.3 Million by 2028. Smart irrigation systems utilize advanced technology to monitor factors like weather conditions, soil moisture, evaporation, and plant water consumption. This data is then used to automatically adjust the watering schedule to match the actual conditions of the site. The demand for smart irrigation systems is primarily driven by farmers and agriculturalists who seek to automate the irrigation process and reduce water usage. The industry is also experiencing growth due to the emergence of large institutional farms and the popularity of irrigating landscaped gardens.

Smart irrigation systems employ various parameters, such as soil moisture content, rainfall, wind speed, plant water content, temperature, water flow, and local weather data to automatically adjust the watering schedule. These systems eliminate the need for human intervention and rely on smart sensors and controllers to monitor weather and site conditions, ensuring the precise application of water at the right time. By incorporating water-saving nozzles and pressure regulators, these technologies can effectively reduce outdoor water consumption by 20 to 40% annually.

The adoption of smart irrigation technology has witnessed a significant increase across different sectors, including agriculture, greenhouses, landscapes, and residential areas. Farmers worldwide are increasingly embracing sensor-based systems to implement intelligent irrigation practices based on real-time data from cultivated areas. Similarly, the technology is being applied in greenhouses to enhance plant quality and productivity. Continuous monitoring of plant moisture levels and appropriate water irrigation adjustments enable maximum crop yield.

Water conservation has become a global focus, with many countries implementing measures and policies to promote efficient irrigation systems. As agriculture accounts for a significant portion of water consumption, ensuring the effectiveness of irrigation systems is crucial. North America is expected to hold a considerable market share in 2026, driven by government initiatives promoting water conservation, the growing adoption of smart irrigation controllers, and increased emphasis on improving farm productivity.

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Companies considered and profiled in this market study

Key companies profiled in the market include 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), Stevens Water Monitoring Systems, Inc. (U.S.), Galcon Ltd. (Israel), Rachio Inc. (U.S), Weathermatic (U.S.), Banyan Water, Inc. (U.S.). In April 2019, Rain Bird Corporation launched ESP-Me controller with new functionality that enhances versatility in both light commercial and residential applications.

Advantages of the Smart Irrigation Market:

  1. Water Conservation: Smart irrigation systems play a crucial role in conserving water resources. By utilizing advanced technologies and real-time data, these systems ensure that water is applied efficiently based on the actual needs of plants and environmental conditions. This helps to minimize water wastage and promotes sustainable water management.
  2. Automated and Precise Irrigation: Smart irrigation systems eliminate the need for manual intervention by automatically adjusting the watering schedule. They utilize sensors, weather data, and soil moisture information to determine the optimal amount of water required by plants. This precision in irrigation helps to avoid overwatering or underwatering, leading to healthier plants and improved crop yield.
  3. Cost Savings: By optimizing water usage, smart irrigation systems help to reduce water bills for agriculturalists, landscapers, and homeowners. The ability to apply water precisely where it is needed avoids unnecessary water expenditure and lowers operational costs associated with irrigation.
  4. Environmental Benefits: With their efficient water usage, smart irrigation systems contribute to environmental sustainability. They help to preserve natural water resources, reduce the energy consumption associated with water pumping and treatment, and minimize the impact on ecosystems and water bodies.
  5. Improved Plant Health and Growth: By delivering the right amount of water at the right time, smart irrigation systems promote optimal plant health and growth. Plants receive adequate hydration and nutrients, which enhances their resilience to drought, pests, and diseases. This leads to healthier landscapes, higher crop yields, and improved overall plant quality.
  6. Remote Monitoring and Control: Many smart irrigation systems offer remote monitoring and control features. This allows users to access and manage their irrigation systems through mobile applications or web interfaces. Farmers, landscapers, and homeowners can conveniently monitor the system's performance, adjust watering schedules, and receive alerts, providing them with greater control and flexibility.
  7. Integration with Other Technologies: Smart irrigation systems can integrate with other smart technologies, such as weather stations, soil sensors, and automation systems. This integration enables a more comprehensive and efficient management of irrigation, resulting in enhanced precision, productivity, and resource optimization.

In summary, the advantages of the smart irrigation market include water conservation, automated and precise irrigation, cost savings, environmental benefits, improved plant health and growth, remote monitoring and control, and integration with other technologies. These advantages make smart irrigation systems an attractive choice for various sectors, including agriculture, landscaping, and residential applications.

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This report forecasts revenue growth at a global, regional country level, and provides an analysis of the market trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the Smart Irrigation Market on the basis of type, component, application and region:

Type (Revenue, USD Million; 2018–2028)

  • Climate Based Controller
  • Soil Moisture Sensor Controller

Component (Revenue, USD Million; 2018–2028)

  • Controllers
  • Sensors
  • Water Flow Meters
  • Software
  • Other Components

Application (Revenue, USD Million; 2018–2028)

  • Agricultural Fields
  • Landscape and Turf Irrigation
  • Greenhouse
  • Residential
  • Others

Regional Outlook (Revenue, USD Million; 2018–2028)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • Middle East Africa
  • Latin America
    • Brazil

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