Irrigation Automation Market to be Worth $12.7 Billion by 2030

Meticulous Research®-a leading global market research company, published a research report titled, 'Irrigation Automation Market by System, Irrigation Type, Component, End Use (Agricultural, Non-agricultural) and Geography - Global Forecast to 2030.'

According to this latest publication from Meticulous Research®, the irrigation automation market is projected to reach $12.7 billion by 2030, at a CAGR of 16.6% from 2023 to 2030. The growth of this market is driven by the increasing adoption of smart agriculture technologies and the growing benefits offered by automated irrigation systems for agriculture. The increasing government support for automated farming technologies and the growing proliferation of automated irrigation systems for large-scale farming is expected to offer significant growth opportunities for the stakeholders in the irrigation automation market. The high cost of installing automated irrigation systems may restrain the market's growth. Furthermore, the implementation of automated irrigation systems in fragmented land is expected to pose challenges to the growth of the irrigation automation market.

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The global irrigation automation market is segmented by system {[automatic, semi-automatic], irrigation type [sprinkler irrigation systems, drip irrigation systems, surface irrigation systems, hose reel irrigation systems, pivot irrigation, other irrigation types (subsurface irrigation, spray irrigation)], component {hardware [controllers, sensors [weather-based sensors, soil moisture sensors, other sensors (flow sensors, capacitance sensors)]}, valves, sprinklers, filters, PVC pipes & fittings, other hardware [spray heads, starter, and timers]}, software [interfacing software, forecasting software, other software [real-time alert dashboards, remote monitoring mobile apps], services}, end use {agricultural use [open field, greenhouse, other agricultural uses (underground farming), non-agricultural use [residential, turf & landscape, golf courses, other non-agricultural uses (education, government, and public sector)]}. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on system, the global irrigation automation market is segmented into automatic and semi-automatic. In 2023, the automatic segment is expected to account for the larger share of the global irrigation automation market. The large market share of this segment is attributed to the increasing implementation of automatic irrigation systems, growing demand for automatic plant irrigation systems to reduce water consumption and save consumer time, and technological advancements in automatic irrigation systems offering unique features. Additionally, this segment is projected to register the highest CAGR during the forecast period.

Based on irrigation type, the global irrigation automation market is segmented into sprinkler irrigation systems, drip irrigation systems, surface irrigation systems, hose reel irrigation systems, pivot irrigation, and other irrigation types. In 2023, the sprinkler irrigation systems segment is expected to account for the largest share of the global irrigation automation market. The large market share of this segment is attributed to the increasing need for sprinklers or sprayers to distribute water in a controlled manner, the rising need to improve water-use efficiency, and achieve higher crop yields by delivering water and nutrients directly to the plants' roots, and growing need of affordable irrigation systems, growing benefits offered by sprinkler irrigation systems such as chemical resistant, and easy to operate and transport, and install.

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However, the drip irrigation systems segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing need for efficient water and nutrient delivery systems for crops, the surging need for a cost-effective and sustainable solution to improve crop yields while conserving water resources, the increasing use of drip irrigation in row crops, orchards & vineyards, lawns and gardens with varying water requirements, and the need to maintain soil moisture levels in between rows.

Based on component, the global irrigation automation market is segmented into hardware, software, and services. In 2023, the hardware segment is expected to account for the largest share of the global irrigation automation market. The large market share of this segment is attributed to the initiatives by market players to design and implement intelligent irrigation control systems, surging use of valves, sprays, and sprinklers over a larger area to manage the water supply efficiently and drippers in orchards & vineyards, and vegetable gardens, increasing implementation of sensors to give feedback and information about the irrigated area to customers, and the growing demand for smart irrigation controllers and sensors to reduce outdoor water use by irrigating based on plant water need compared to traditional automatic system timers, which irrigate on a user-determined fixed schedule. Additionally, this segment is projected to register the highest CAGR during the forecast period.

Based on end use, the global irrigation automation market is segmented into agricultural use and non-agricultural use. In 2023, the agricultural use segment is expected to account for the larger share of the global irrigation automation market. The large market share of this segment is attributed to the growing demand for smart water irrigation systems among farmers to automate their irrigation processes and reduce water use, the increasing need for cost savings with minimized water waste, the growing popularity of IoT ecosystems for smart irrigation, growing need of consistent and efficient water usage, and the rising need to increase crop productivity even in low rainfall. Additionally, this segment is projected to register the highest CAGR during the forecast period.

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Based on geography, the global irrigation automation market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the global irrigation automation market. Asia-Pacific's large market share is attributed to the growing presence of vast agricultural lands, rapidly changing climatic conditions, strong government support for implementing automated irrigation systems, increased need for reducing wastage of water, and technological advancements in irrigation components. Further, the high population burden and lowering water levels in the countries such as India and China encourage customers toward sensor-based irrigation systems, which is likely to fuel the growth of the regional market over the coming years. In this region, various governments have started supporting the setting up of irrigation automation systems. They are also taking initiatives in order to promote water conservation, thereby improving the demand for automated irrigation systems, in turn supporting the growth of the market.

However, North America is projected to register the highest CAGR during the forecast period. The growth of this region is driven by the presence of leading market players in the region, the increasing implementation of automated irrigation systems, and the increasing adoption of irrigation systems due to the growing number of initiatives taken by the governments in the region for effective water conservation. Further, the leading market players are taking initiatives to launch irrigation automation systems, in turn, supporting the growth of this regional market. For instance, in February 2021, Rain Bird Corporation (U.S.) launched "Rain Bird Resources," a mobile app to help landscape contractors and irrigation professionals get the required information in real time. Further, in May 2021, Valmont Industries, Inc. (U.S.) acquired Prospera Technologies Inc. (Israel), a global irrigation equipment and service provider, to deploy AI technologies for land irrigation. Such developments are expected to support the growth of the market.

Key Players

The key players operating in the global irrigation automation market are The Toro Company (U.S.), Valmont Industries, Inc. (U.S.), Rain Bird Corporation (U.S.), Jain Irrigation Systems Ltd. (India), Lindsay Corporation (U.S.), Nelson Irrigation (U.S.), Rubicon Water S.L.U. (Spain), Galcon Bakarim Agricultural Cooperative Society Ltd. (Israel), HydroPoint Data Systems, Inc. (U.S.), Calsense (U.S.), Orbit Irrigation Products Inc. (U.S.), Stevens Water Monitoring Systems Inc. (U.S.), Viridix Ltd. (Israel), Niagara Irrigation Automation (India), and Lumo, Inc. (U.S.).

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Key questions answered in the report:

Which are the high-growth market segments in terms of system, irrigation type, component, and end use?
What is the historical market size for irrigation automation across the globe?
What are the market forecasts and estimates for 2023-2030?
What are the major drivers, restraints, opportunities, and challenges in the global irrigation automation market?
Who are the major players in the global irrigation automation market, and what are their market shares?
How is the competitive landscape?
What are the recent developments in the global irrigation automation market?
What are the different strategies adopted by the major players in the market?
What are the geographic trends and high-growth countries?
Who are the local emerging players in the global irrigation automation market, and how do they compete with other players?

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