How do you build Smart Irrigation Market | Major Players Hydropoint Data System, Rain Bird, Hunter Industries , Galcon, Weathermatic, Rachio, the Toro Company

Smart irrigation is one of the best solutions for the shortage of water, which is expected to be a major problem in the coming years, owing to the scarcity of water reservoirs. Smart irrigation provides water to farms, as per the moisture and soil type. Furthermore, it is used to provide a uniform level of water to both plain and sloppy areas, and to avoid overflow of water from these areas.

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Key players in the Global Smart Irrigation Market:
Key players operating in the global smart irrigation market include Hydro point Data System, Rain Bird Corporation, Hunter Industries, Galcon, Weathermatic, Rachio, the Toro Company, Calsense, Netafim, Baseline Inc., Aqua Spy, Libelium, and Aquacell systems.

Growth Factor:
according to Coherent Market Insights’ analysis, 20.25 billion was invested in IoT units for the agriculture sector in 2017 worldwide, which was 17.50 billion in 2016. Moreover, government initiatives to promote water conservation and the use of a smart irrigation system in the agriculture sector are fueling the growth of the smart irrigation market. For instance, the government of India aims to improve groundwater harvesting and build water conservation and storage mechanisms through the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).

However, lack of awareness of advanced technologies in smart irrigation and high cost associated with installation and maintenance are major restraints affecting the growth of the smart irrigation market. Other factors that are expected to hinder the market growth include excessive leakage in smart irrigation that might lead to the formation of ponds, which then becomes a dwelling place for insects and mosquitoes, excessive leakage resulting in a reduction of temperature, which makes the local area damp, and lack of availability of skilled workforce for the operation of smart irrigation system.

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Smart Irrigation Market Taxonomy:

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

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

3. 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

4. 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

5. On the basis of region, the global smart irrigation market is segmented into:
-North America
-Europe
-Asia Pacific
-Latin America
-Middle East
-Africa

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On the basis of region, the global smart irrigation market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. 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 a smart irrigation system.

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