Irrigation Automation Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

Key Highlights:
• The global Irrigation Automation Market size was valued at USD 4.2 billion in 2022 growing at a CAGR of 17.7% from 2023 to 2033.
• Asia Pacific dominated the market in 2022
• North America is expected to grow at the highest CAGR from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Irrigation Automation Market size accounted for USD 4.2 billion in 2022, growing at a CAGR of 17.7% from 2023 to 2033.The irrigation automation market involves the use of technology to control and optimize the irrigation process in agriculture. It includes automated systems that manage water distribution, monitor soil moisture levels, and adjust irrigation schedules based on real-time data. This market is driven by the increasing need for water conservation, improved crop yields, and operational efficiency in farming. Key components include sensors, controllers, and communication devices that enable precision irrigation. The adoption of irrigation automation is propelled by the demand for sustainable water management practices in agriculture and the desire to reduce water wastage.

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The irrigation automation market is fueled by a growing emphasis on water conservation and sustainable agriculture. It involves the use of technology, including sensors and controllers, to optimize irrigation processes, enhancing crop yields and operational efficiency. The demand for precision irrigation solutions, driven by the need to reduce water wastage and improve resource utilization in farming, is a key driver in this market.

Key Players
Some of the major Irrigation Automation Market players holding high market shares include The Toro Company, Hunter Industries, Valmont Industries Inc. and Rain Bird Corporation. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Jain Irrigation Systems, Lindsay Corporation, Netafim, Galcon, Rubicon Water and Nelson Irrigation

Report Description: https://evolvebi.com/report/irrigation-automation-market-analysis/

Segmental Analysis
Based on Automation Type, the Irrigation Automation market is segmented into Time-based, Volume-based, Real-time-based and Computer-based Control System. In 2019, the time-based automation type segment held the top spot in the market and generated over 30% of worldwide revenue. The advantages-which include complete control over the irrigation process, lower labor costs, and reduced fuel consumption-are mostly responsible for the high share.
Based on Component, the Irrigation Automation market is segmented into Controllers, Sensors, Valves, Sprinklers and Others. Because of the growing need for semi-automatic systems, such as volume-based and time-based systems, the segment's high share can be attributed to an increase in the market's demand for controllers.
Based on Irrigation Type, the Irrigation Automation market is segmented into Sprinkler Irrigation, Drip Irrigation, Surface Irrigation and Others. In 2019, the market leader and owner of over 35% of the global revenue share was the drip irrigation type segment. Because the system has a lengthy lifespan of over 10 years, it is expected that the segment will continue to dominate during the forecast period. Because of this, the irrigation system is robust and has a high operational efficiency, which raises production consistency.
Based on Application, the Irrigation Automation market is segmented into Agricultural, Non-Agricultural. It is anticipated that the non-agricultural application segment will develop at the quickest rate, with a compound annual growth rate (CAGR) of almost 17.5% between 2020 and 2027. The increase can be attributed to the global proliferation of golf courses, sports fields, gardens, pastures, homes, grass, and landscapes.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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