Smart Irrigation Market Booming the Industries by Ravisisng keyplayers | Hydropoint Data System, Rain Bird Corporation, Hunter Industries , Galcon, Weathermatic, Rachio, the Toro Company, Calsense, Netafim, Baseline Inc., Aqua Spy, Libelium, and Aquacell

Smart irrigation is an advanced technology, which is majorly used in agriculture. It provides the required amount of water needed for plants in a given period of time, thereby reducing water wastage and achieving healthy growth of plants. Smart irrigation is one of the best solutions for shortage of water, which is expected to be a major problem in the coming years, owing to scarcity of water reservoirs. Smart irrigation provides water to farms, as per the moisture and soil type. Furthermore, it is used to provide uniform level of water to both plain and sloppy areas, and to avoid overflow of water from these areas.

Global Smart Irrigation Market Analysis
According to Verified Market Intelligence, The Global Smart Irrigation Market was valued at USD 686.2 million in 2017 and is projected to reach USD 2,077.8 million by 2025, growing at a CAGR of 15.41% from 2018 to 2025.

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Driving factors for Smart Irrigation Market:

Increasing world population is resulting in shortage of food & water, which has become a major issue across various regions. This has boosted the adoption of efficient replacement systems to preserve natural water reserves including smart irrigation systems, which is highly profitable for farming operations. Increasing use of upgraded technologies such as IOT devices and cloud computing in agriculture field drives growth of smart irrigation market. This is due to the Internet of Things (IoT) technology and solutions that are used to attain improved operational efficiency, maximized yield, and minimum wastage by using real-time field data collection and data analysis.
Regional analysis of Smart Irrigation Market

North America holds the largest market share in the global smart irrigation system, owing to the presence of leading manufacturers of controllers, which are used in smart irrigation systems in the region. Furthermore, North America focusses on the use of water conservation solutions for which supportive infrastructure development is being done in smart irrigation system.

Asia Pacific is expected to exhibit growth in the global smart irrigation market over the forecast period due to increasing use of smart irrigation technology in agriculture field to meet the growing demand for food in the region. For instance, according to a report by the Asian Development Bank (ADB), agriculture sector in Asia Pacific needs to produce around 60% more food globally by 2050, to cater to the requirement of food for increasing population.

Global Smart Irrigation Market Competitive Landscape
The "Global Smart Irrigation Market" study report will provide a valuable insight with an emphasis on global market including some of the major players such as Stevens Water Monitoring Systems, Galcon, Rachio, Weathersmatic,Hunter Industries, Netafim, Rain Bird Corporation, The Toro Company, Hydropoint and Banyan Water. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.

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Key players in Global Smart Irrigation Market

Key players operating in the global smart irrigation market include Hydropoint Data System, Rain Bird Corporation, Hunter Industries , Galcon, Weathermatic, Rachio, the Toro Company, Calsense, Netafim, Baseline Inc., Aqua Spy, Libelium, and Aquacell Systems.

Smart Irrigation Market Taxonomy
On the basis of Product Type, the global smart irrigation market is segmented into:
• Weather-Based (ET) Irrigation System
• Soil Moisture-Based Irrigation System

On the basis of controller, the global smart irrigation market is segmented into:
• Sensor-Based Controllers
• Weather-Based Controllers

On the basis of components, the global smart irrigation market is segmented into:

• Hardware Components
• Software Components
• Smart Detection System/Network Element
• Water/Flow Meter
• Sensor
• Fertigation Sensor
• Flow Sensor
• Rain/Freeze Sensor
• Soil Moisture Sensor
• Temperature Sensor
• Wind Sensor

On the basis of applications, the global smart irrigation market is segmented into:

• Agriculture
• Open Field
• Greenhouse
• Non-Agriculture
• Residential
• Golf-Courses
• Turf and Landscape
• Others

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