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Growth Projections and Regional Dynamics of the Irrigation Automation Market

10-19-2023 10:32 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Markets and Markets

Growth Projections and Regional Dynamics of the Irrigation

The global Irrigation Automation Market, estimated at USD 4.2 billion in 2022, is expected to exhibit a robust CAGR of 17.2%, reaching USD 9.2 billion by 2027.

The Irrigation Automation Market is witnessing a significant upsurge, characterized by a diverse range of systems, components, irrigation types, automation types, and end-use applications. With the Asia Pacific region leading the growth charge and North America maintaining its dominance, the market is poised for substantial expansion.

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Key Market Dynamics:

Asia Pacific Emergence: The Asia Pacific region is experiencing the fastest growth in the market, driven by burgeoning agricultural activities in countries such as Australia, India, China, and Japan. Drip irrigation, known for its efficiency, is the leading irrigation type in this region, contributing to its significant market share.

Dominance of North America: North America maintains a stronghold, accounting for 38% of the global market. Leveraging fertile soil, efficient infrastructure, and organized distribution chains, the region's large-scale agricultural operations, primarily geared towards exports, continue to drive market growth.

Segment Analysis:

Automatic Systems: The automatic segment is projected to witness the highest growth rate, offering enhanced control and flexibility through central controllers, leading to improved consistency and efficiency. These systems are equipped to handle various auxiliary functions, contributing to their growing prominence in the market.

Sensor Components: Sensors, particularly those monitoring soil moisture, rain, freeze, and wind, are projected to witness significant growth. Compatible with existing systems and easy to install, these sensors play a critical role in providing real-time data for effective irrigation scheduling and management.

Real-time Feedback Automation: With the capability to make decisions based on live data from sensors, the real-time feedback system is expected to exhibit the highest growth rate. Leveraging inputs from various sensors, this system enables precise and adaptive irrigation management.

Drip Irrigation: Acknowledged for its water conservation benefits and root-to-root irrigation, the drip irrigation segment is anticipated to grow with the highest CAGR. Integrated with smart technologies, these systems offer farmers better monitoring, control, and analysis capabilities.

Non-agricultural Applications: The non-agricultural segment, encompassing sports grounds, residential areas, and landscapes, is expected to register the highest growth rate. By utilizing sensor data and weather forecasts, these automated systems optimize water usage, ensuring efficient and eco-friendly irrigation practices.

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Regional Focus:

Asia Pacific Growth Trajectory: With China and India spearheading the surge, the Asia Pacific region is poised for rapid expansion, driven by increasing investments in agricultural automation products. Favorable regulations and a burgeoning agriculture industry further contribute to the market's accelerated growth in this region.

Conclusion:

As the global Irrigation Automation Market continues to expand, driven by technological advancements and a growing focus on sustainable agriculture, diverse regions are witnessing substantial growth. With a continued emphasis on efficiency and resource conservation, the market is expected to witness significant transformation, fostering sustainable and effective irrigation practices worldwide.

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/irrigation-automation-market-60266313.html

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

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