Smart Irrigation Market Share will Increase US$ 1.5 Billion by 2022
The Global Smart Irrigation Market is expected to exceed more than US$ 2.0 billion by 2024 and will grow at a CAGR of more than 17% in the given forecast period.
Smart irrigation is likewise referred to as technology oriented irrigation or precision irrigation. Application of technology and tools in irrigation has caused minimized use of water for irrigating the same land and greater productivity of land and yield. Irrigation controllers in clever irrigation feature according to the weather conditions, it shuts off routinely in case of rain, wind, and others. It capabilities as a crucial device to estimate and follow proper quantity of irrigation water at proper area, at right time to enhance the productiveness of land and crop.
The scope of the report includes a detailed study of global and regional markets for Global Smart Irrigation Market with the reasons given for variations in the growth of the industry in certain regions.
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The Global Smart Irrigation Market has been segmented as below:
The Global Smart Irrigation Market is segmented on the Basis of Application Analysis, Hardware and Network Analysis and Regional Analysis. By Application Analysis this market is segmented on the basis of Agriculture and Non-agriculture. Agriculture is segmented into Greenhouse and Open field. Non-agriculture is segmented into Residential, Golf courses, Turf and landscape and others.
By Hardware and Network Analysis this market is segmented on the basis of Water/flow meter, Smart detection system/network elements and Sensors. A sensor is segmented into Rain/freeze sensor, Temperature sensor, Soil moisture sensor, Wind sensor, Fertigation sensor and Flow sensor. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
This report provides:
1) An overview of the global market for Smart Irrigation and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Global smart irrigation Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The major driving factors of Global Smart Irrigation Market are as follows:
• Reduction in the Wastage of Resources
• Increasing Need for Water Conservation
• Increasing Demand for Food Production
The restraining factors of Global Smart Irrigation Market are as follows:
• High Initial Cost of Installation
• Lack of Awareness Related to Smart Irrigation
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Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
6.2 Value Chain Analysis
6.3 Industry Evolution
6.4 Porter’s Five Forces Analysis
6.4.1 Threat of New Entrants
6.4.2 Threat of Substitutes
6.4.3 Bargaining Power of Suppliers
6.4.4 Bargaining Power of Buyers
6.4.5 Degree of Competition
7 Smart Irrigation Market, By Irrigation Controller
8 Smart Irrigation Market, By Hardware and Network Component
9 Smart Irrigation Market, By Application
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
12.2 Rain Bird Corporation
12.3 The Toro Company
12.4 Hunter Industries
12.6 Hydropoint Data Systems
12.7 Baseline Inc.
12.10 Rachio Inc.
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