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Smart irrigation is a technique used to provide a water delivering schedule to the crops and ensure all the crops have enough water for their healthy growth, to reduce the amount of water wasted in irrigation, and to minimize the economic cost for the users. It is an automated irrigations system with electronic sensors and its control with smartphones. Moreover, this technology helps to measure and maintain temperature and soil humidity using temperature and humidity sensors.
The global market is estimated and forecasted in terms of revenue (USD million) generated by the smart irrigation market from 2019 to 2025. The smart irrigation market is majorly driven by rising concern toward wastage of water resource and increasing government focus towards water conservation. Innovation in farming techniques coupled with technological development in the irrigation field robust the growth of the smart irrigation market. However, high installation and maintain ace cost associated with the smart irrigation and lack of awareness about the technological advancement in developing countries are the prominent factors hindering the growth of the market.
The report analyses the global smart irrigation market based on irrigation controller, component, application and geography.
Based on irrigation controller, the smart irrigation market is segmented into sensor-based controllers and weather-based controllers. Among the major types of irrigation controller, the sensor-based controllers held the largest market share in 2017. Sensor based system offer more benefits when compared to weather-based controllers as it is more reliable, accurate and helps to measure the level of moisture in the air which facilitates appropriate temperature management.
Based on components, the smart irrigation market is bifurcated into sensors, water/ flow meter and smart detection system. The sensors are further divided into wind sensor, flow sensor, rain/freeze sensor, soil moisture sensor, temperature sensor and fertigation sensor. Likewise, the fertigation sensors are further categorised into EC sensor and PH sensor. In 2017, The sensors segment dominated the market and is expected to maintain its dominance over the forecast period. The largest share is attributed to the characteristics and benefits offered by the sensor including appropriate and relevant information collection related to soil, temperature and humidity. Moreover, it helps in management of water logging and land infertility.
By application, the global smart irrigation market is bifurcated into agriculture and non-agriculture. The agriculture segment is divided into open field and green house. Moreover, non-agriculture segment is sub segmented into residential, golf courses, turf and landscape and others. In 2017, the agriculture segment leads the smart irrigation market due to rising adoption of smart irrigation technology by farmers globally, increasing productivity and yield from the agriculture sector.
By geography smart irrigation market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and Rest of the World. Rest of the world includes Latin America, and Middle East & Africa. North America dominated the market with the largest market share followed by Asia-Pacific. Availability of subsidies by the government for the use of smart irrigation technology and rising concern for water conservation has triggered the demand for smart irrigation in the North American Regions.
The leading players in the smart irrigation market include Rain Bird Corporation, The Toro Company, HUNTER INDUSTRIES, NETAFIM, HydroPoint Data Systems, Inc, Baseline Inc, CALSENSE, Galcon, Rachio Inc, Weathermatic, Scotts Miracle-Gro, Valmont Industries, Inc, etc. These companies have established their position in the market by offering technological advanced products to the customers. Along with this, they are making their strong presence in the market though strategies such as mergers, acquisitions, joint ventures and collaborations. Furthermore, the report also provides a detailed competitive landscape of the companies operating in the market including new product launches, mergers and acquisitions, joint ventures, agreements etc.
Summary
In the present era, water scarcity is the major problem faced globally and agriculture being a demanding occupation requires plenty of water. Therefore, a smart irrigation system is required that saves water or make effective use of the available water resources. Smart irrigation is a technique used to provide a water delivering schedule to the crops and ensure all the crops have enough water for their healthy growth, to reduce the amount of water wasted in irrigation, and to minimize the economic cost for the users. The global smart irrigation market is segmented into irrigation controller, component, application and geography. Based on irrigation controller, the smart irrigation market is segmented into sensor-based controllers and weather-based controllers. Based on components, the smart irrigation market is bifurcated into sensors, water/ flow meter and smart detection system. By application, the global smart irrigation market is bifurcated into agriculture and non-agriculture. The agriculture segment is divided into open field and green house. By geography smart irrigation market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and Rest of the World. Rest of the world includes Latin America, and Middle East & Africa. North America dominated the market with the largest market share followed by Asia-Pacific. Availability of subsidies by the government for the use of smart irrigation technology and rising concern for water conservation has triggered the demand for smart irrigation in the North American Regions. The leading players in the smart irrigation market include Rain Bird Corporation, The Toro Company, HUNTER INDUSTRIES, NETAFIM, HydroPoint Data Systems, Inc, Baseline Inc, CALSENSE, Galcon, Rachio Inc, Weathermatic, Scotts Miracle-Gro, Valmont Industries, Inc, etc.
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