Press release
Global Open Field Smart Irrigation Market by Component (Sensors, Flow Meters, Irrigation Controllers, Others), and by Geography - Global Forecast to 2026
The global open field smart irrigation systems market was valued at USD 219.8 million in 2018 and is expected to reach USD 612.3 million in 2026, growing at a CAGR of 13.7% during the forecast period. Rising population has created a strain on the water resources which has prompted a need for better water management across the globe. Government initiatives to encourage smart irrigation systems will boost the demand for smart irrigation systems. However, high initial and maintenance costs coupled with low awareness among people following traditional farming techniques will hamper the growth of this market.Smart irrigation refers to advanced irrigation systems that incorporate various sensors and network components for better efficiency. Open field smart irrigation refers to advanced irrigation systems that are equipped with sensor networks for real-time monitoring of weather and soil conditions. Sensors are used to monitor various parameters such as soil moisture content, humidity, temperature and others. The irrigation controller then operates water application based upon the sensor data. The prime motive behind the advent of smart irrigation systems is to enhance the overall water efficiency of irrigation systems. With the ever-rising population coupled with water scarcity issues worldwide, the demand for such advanced irrigation equipment is projected to remain strong in the coming years. Furthermore, Government encouragement for smart irrigation systems is further propelling the demand of open field smart irrigation system market.
North America and Europe are matured markets for smart irrigation systems and will show stable growth during the forecast period. These regions will enter a saturation stage over the coming years. However, Asia Pacific smart irrigation systems market is expected to grow at 15% growth rate. Open filed smart irrigation market in Latin America and Africa is still at nascent stage. It more likely that the new demand for open field smart irrigation will come from Asia Pacific region in upcoming years whereas Latin America and Middle East & Africa will contribute to the small portion of the new demand.
Recent Trends and Outlook
• Inorganic expansion in the market
• Smart drip irrigation and sprinkler irrigation systems
• Focus on large untapped markets such as China and India
• Development of smarter sensor networks with precise moisture monitoring
Report Link
For more details on “Open Field Smart Irrigation” Market Report: (Link to be updated)
https://i2iresearch.com/report/open-field-smart-irrigation-market-report-global-regional-industry-forecast-2019-2026/
What this report offers
This report provides insight into the current market scenario, structure and practices.
Market landscape and market scenario includes:
• Current market size estimate
• Revenues by players – Top 5 Companies
• Market size by Components
• Market size by regions/country
Market structure details the value chain, Players’ presence across products, market trends, distribution practices and pricing.
The report also provides a snapshot of key competition, past market trends with forecast over the next 5 years, anticipated growth rates and the principal factors driving and impacting growth
Analysis and market data have been derived through secondary and primary sources.
For general enquiries and report customization;
https://i2iresearch.com/report/open-field-smart-irrigation-market-report-global-regional-industry-forecast-2019-2026/
Table of Content/ What the report covers
Chapter 1 Research Scope
Global Open Field Smart Irrigation Systems Market, by Component
• Sensors
o Soil Moisture Sensor
o Wind Sensor
o Rain/Freeze Sensor
o Other Sensors
• Flow Meters
• Irrigation Controllers
• Others
Global Open Field Smart Irrigation Systems Market, by Region
• North America
o USA
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
• APAC
o China
o Japan
o India
o South Korea
o South East Asia
o Rest of APAC
• LATAM
o Brazil
o Argentina
o Rest of Latam
• Middle East & Africa (MEA)
o Southern Africa
o Northern Africa
o GCC
o Rest of MEA
• Key Players covered
o Telsco Industries, Inc. (Weathermatic)
o Rain Bird Corporation
o HydroPoint Data Systems, Inc.
o Netafim Ltd.
o The Toro Company
o Rachio, Inc.
o Galcon Ltd.
o Orbit Irrigation Products, Inc.
o Hunter Industries, Inc.
o California Sensor Corporation
For a detailed Table of Content,
https://i2iresearch.com/report/open-field-smart-irrigation-market-report-global-regional-industry-forecast-2019-2026/
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