openPR Logo
Press release

Smart Irrigation Market to Exhibit 18.6% CAGR by 2023 | Key Market Players are Toro Company(US), Rain Bird Corporation(US), Hunter industries (US), Netafim(Israrel), Stevens Water Monitoring System(US), Galocn(Israrel) and Rachio(US)

07-30-2020 04:22 PM CET | IT, New Media & Software

Press release from: Market Research Future

Smart Irrigation Market

Smart Irrigation Market

Smart Irrigation Market Research Report- Forecast to 2023

Market Highlights

The global smart irrigation market is increasing owing to the growth of IoT-based architecture in irrigation system. Additionally, the IoT based smart irrigation helps farmers to avoid wastage of water resources and enhances the crop growth with the incorporation of various sensors, controllers, and meters to determine the soil moisture level and optimal water utilization for irrigation. Moreover, smart irrigation helps in decreasing the cost of irrigation with ideal utilization of resources.

In its recently published research report, Market Research Future (MRFR), asserts that the global smart irrigation market is poised to reach approximately USD 1.87 Billion by 2023 growing at 18.6% CAGR over the forecast period 2018—2023.

In addition to this, the adoption of smart irrigation system can remove various glitches by deploying controllers that enables users to analyze and detect the problem with real-time monitoring of irrigation system which supports the farmers to take curative actions. Ad per the MRFR analysis, 35% of the globe’s population is suffering from water scarcity as 70% of the water is misused in irrigation process in conventional irrigation methods. In this regard, the replacement of outdated irrigation methods with modern features of smart irrigation is projected to drive the growth of this market during the assessment period.

The deployment of IoT-based architecture and strict government policies for the water conservation are some of the major factors that increases the demand of smart irrigation market. On the other hand, high installation cost and the major lack of awareness and technical knowledge amongst farmers are some of the factors that may hamper this market over the forecast period.

Get a Free Sample @

Key Players

Some notable players in the smart irrigation market include The Toro Company(US), Rain Bird Corporation(US), Hunter industries (US), Netafim(Israrel), Stevens Water Monitoring System(US), Galocn (Israrel), Rachio (US), Weathersmatic (US), Banyan Water(US).

Detailed Regional Analysis

The smart irrigation market is segmented into the regions of North America, Europe, Asia-Pacific, and the rest of the world. North America is accounting for the dominant share of the market during the forecast period owing to the presence of several key market vendors in the region. Moreover, presence of early technology adopters in the region and upscaling investments in the research and development of smart irrigation by the US and Canada are other factors supplementing market growth for smart irrigation.

Asia Pacific is expected to garner the fastest growth in the smart irrigation market during the review period of 2018-2023. This can be owed to the water preservation concerns rising in the region. Further, ascending adoption of digital technologies such as meters, smart controllers, and sensors for irrigation in countries such as India and China are also fostering market growth.


The smart irrigation market is segmented by type, vertical, component, application, and region to gain a better understanding of the landscape. By type, the market is segmented into sensor-based controller system and weather-based controller system. The weather-based controller system uses weather-based data to determine the amount of water evaporated from the field. It automatically adjusts the duration of irrigation, depending on the present climatic conditions.

By component, the global smart irrigation market is segmented into water flow meter, sensors, controllers, and fertilizer meter. The sensors segment is further sub-segmented into temperature sensor, moisture sensor, rain sensor, dendrometer sensor, freeze sensors, flow sensors, and wind sensors.

By application, the smart irrigation market is segmented into residential AC powered controllers, Wi-Fi controllers, hybrid controllers, battery controllers, and electric controllers. By vertical, the market for smart irrigation is segmented into agriculture and non-agriculture. The agriculture segment is further analyzed for the sub-segments of open field and greenhouse. The non-agriculture segment is segmented into turf & landscape, residential, and golf course.

Industry Update

Sept 2019: Huddle Expo 2019 displayed a range of products that were nature-friendly and socially impactful, in Kerala. One of the products was SmartGro, which is smart irrigation system that drips water according to the nature of the soil and the crop. This is made of smart micro-organism removing bottles made from Nano-fibre membrane.

Browse Complete Report @

Global Smart Irrigation Market Research Report, Component (Sensors, Controller), Application (Water Resource Management), Vertical (Agriculture, Non-Agriculture), Type (Weather based controller system, Sensor based controller system)— Forecast till 2023

Office No. 528, Amanora Chambers

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Irrigation Market to Exhibit 18.6% CAGR by 2023 | Key Market Players are Toro Company(US), Rain Bird Corporation(US), Hunter industries (US), Netafim(Israrel), Stevens Water Monitoring System(US), Galocn(Israrel) and Rachio(US) here

News-ID: 2099983 • Views: 376

More Releases from Market Research Future

Automation and Control Market Covid-19 Analysis 2020: Receives a Rapid Boost in …
Market Scope Global Automation and Control Market is expected to record a CAGR of 10.41%, witnessing substantial growth during the forecast period. The market was valued at USD 125,487.3 Million in 2019; it is expected to reach USD 217,354.4 Million by 2025. Segmentation Based on the Product, the market has been segmented into PLC, SCADA, PAC, DCS and RTU, HMI, and MES. The distributed control system (DCS) and RTU segment accounted for the
Accelerator Card Market Covid-19 Analysis: Global Trends, Import & Export, Reven …
According to Market Research Future (MRFR), the global accelerator card market had a valuation of USD 3,359.3 million in 2018 and is expected to touch USD 28,995.7 million by 2025 with a CAGR of 40.47% from 2018 to 2025 (forecast period). The report addresses the critical developments in the global accelerator card market in light of the novel COVID-19 pandemic. The study includes a meticulous description of the various areas
Barcode Label Printer Market Covid-19 Analysis–Challenges, Key Vendors, Driver …
Market Analysis The global barcode label printer market will touch USD 3,517.8 million at a 5.31% CAGR between 2019- 2025, states the recent Market Research Future (MRFR) analysis. A barcode label printer, simply put, is an electronic device that is generally used to print barcode labels or tags that can be fixed to objects which are shipped. It uses thermal transfer or direct thermal techniques to apply ink labels. Various
Waterproof Socks Market Share, Trends, Company Overview, Growth and Forecast 202 …
The global waterproof socks market is predicted to touch USD 6,850.4 million at a 7.1% CAGR between 2019- 2025, as per the recent analysis by Market Research Future (MRFR). Waterproof socks help to prevent the entry of water along with offering comfort during different water-related as well as other sports activities. It has three layers- the inner layer offers comfort and insulation, the middle layer is completely water-resistant, and the

All 5 Releases

More Releases for Smart

Smart Solutions
Heidelberg, May 28, 2019 – The dental group Young Innovations presents new products that increase efficiency and safety in the practice: The high-quality Galaxie Cassettes simplify the cleaning, sterilization and classification of hand instruments. A stable case made of electropolished stainless steel protects the equipment, the unique design reduces the contact points. A laser-cut pattern maximizes water through flow and increases efficiency in the RDG / thermal disinfector. Smooth rounded corners
Smart Mirrors
A smart mirror is an ordinary mirror with additional features and functionalities, incorporating capabilities that are otherwise done manually or in some computing system other than the mirror. For instance, a mirror that can connect to a smartphone or the internet and offer some measure of user comfort. The computing features in smart mirrors enable them to connect to the Internet and smartphones, categorizing them as connected devices. Connected devices
Powered Smart Cards
In terms of consumption, the global powered smart card market stood at 2,049.1 Mn units in 2015 and is expected to register a volume CAGR of 59.2% to reach 5,640.6 Mn units by 2024 end. In a new report titled “Powered Smart Card Market: Global Industry Analysis & Forecast, 2016–2024”, Persistence Market Research studies the performance of the global powered smart card market over an eight-year forecast period (2016 –
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency
Smart Cities
By 2050, the world's population is expected to reach nine billion, with over two thirds of people living in cities. On Tuesday, December 9, ICT and sustainability experts will convene at the German Center for Research and Innovation (GCRI) in New York to discuss future solutions for urban systems. NEW YORK (December 3, 2014) – Urbanization, globalization, demographic and climate change are continually placing higher demands on our cities. How will