Smart Irrigation Market is expected to reach USD 4067.28 Mn by 2029, at a CAGR of 14.62% during a forecast period.

29.8.2023: Smart Irrigation Market Report Scope and Research Methodology

Report Scope:

The report delves into the impact of the COVID-19 lockdown on market leaders, followers, and disruptors. The unique regional and segment variations in lockdown implementations have resulted in diverse impacts, both short-term and long-term. Decision-makers will find valuable insights for region-specific strategies and business outlines to navigate the evolving market landscape.

Research Methodology:

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What are Smart Irrigation Market Dynamics?

Market Drivers:

The driving forces behind the growth of the Smart Irrigation Market are multifaceted. Firstly, the rising demand for smart irrigation solutions stems from their ability to enhance landscapes while significantly curbing water consumption. The integration of IoT technology is amplifying this demand, with governments worldwide also championing water conservation initiatives. Furthermore, the upsurge in smartphone adoption, coupled with economic growth and technological advancements, is further fueling market growth.

Market Restraints:

Although the prospects are promising, a few factors pose as restraints. The upfront cost of implementing smart irrigation technology and the associated lack of technical knowledge in some quarters might slow down market penetration. However, the overall growth momentum remains positive.

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Smart Irrigation Market Segmentation?

by System Type
Sensor-Based
Weather-Based

Due to the increasing emphasis on farm production and efficiency, the weather-based sector is anticipated to hold the greatest share of the market over the forecast period. The market is also benefiting from an increase in demand for weather-based solutions from commercial construction contractors and landscaping businesses.

by Application
Agriculture
Residential
Industrial
Others

by Component
Sensors
Water Flow Meters
Controllers

Due to their expanding use for autonomous irrigation scheduling in the agricultural and residential sectors, controllers are anticipated to hold the greatest share of the market in terms of component over the projected period.

Due of weather and sensor data that can automatically adapt irrigation schedules to any environmental changes, smart controllers are becoming increasingly popular.

Who are Smart Irrigation Market Key Players?

1. Rain Bird Corporation
2 Netafim Ltd.
3. HydroPoint Data Systems, Inc.
4. Rachio Inc.
5. The Toro Company
6. Galcon Ltd.
7. Hunter Industries Inc.
8. Banyan Water
9. CALSENSE
10. Baseline Inc
12. Telsco Industries Inc.
13. Orbit Irrigation Products Inc.
14. Valmont Industries, Inc.
15. Blossom
16. Weathermatic
17. Skydrop

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Regional Insights:

The global Smart Irrigation market encompasses regions like North America, Asia Pacific, Europe, Middle East and Africa, and South America. Each region plays a significant role in shaping the market. For instance, the North America Military Land Vehicle Market is experiencing a rise in demand for electric vehicles, driven by the adoption of electric and zero-emission vehicles for the non-tactical fleet of the U.S. military. The Asia Pacific region, on the other hand, is witnessing strong investments in Smart Irrigation to bolster military capabilities.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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