Press release
Irrigation Automation Market Set to Flourish, Anticipated to Reach $12.7 Billion by 2030, Catalyzed by Advancements in Agricultural Technologies
Leading global market research company, Meticulous Research®, has released its latest research report titled "Irrigation Automation Market by System, Irrigation Type, Component, End Use (Agricultural, Non-agricultural), and Geography - Global Forecast to 2030." The report projects the irrigation automation market to reach an impressive $12.7 billion by 2030, registering a robust CAGR of 16.6% from 2023 to 2030.
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The growth trajectory of the irrigation automation market is fueled by the increasing adoption of smart agriculture technologies and the myriad benefits offered by automated irrigation systems in agriculture. These automated systems leverage sensors and timers to deliver precise water amounts directly to plant root zones, substantially reducing water wastage when compared to manual watering methods. Government support for automated farming technologies and the proliferation of automated irrigation systems for large-scale farming present lucrative growth opportunities for stakeholders in the irrigation automation market. However, the market faces challenges such as the high installation cost of automated irrigation systems and complexities associated with implementing them in fragmented land.
The global irrigation automation market is segmented based on system (automatic and semi-automatic), irrigation type (sprinkler irrigation, drip irrigation, surface irrigation, hose reel irrigation, pivot irrigation, and other irrigation types), component (hardware, software, and services), and end use (agricultural and non-agricultural). The report comprehensively evaluates industry competitors and conducts a thorough analysis of the market at the regional and country levels.
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Key Highlights from the Report:
1. Automatic Systems to Dominate:
• In 2023, the automatic segment is expected to hold the larger market share of the global irrigation automation market. The segment's dominance is attributed to the growing implementation of automatic irrigation systems, a rising demand for automatic plant irrigation systems to conserve water and save time, and technological advancements enhancing the features of automatic irrigation systems.
2. Sprinkler Irrigation Leads the Way:
• The sprinkler irrigation segment is projected to account for the largest market share in 2023. This is attributed to the increasing need for controlled water distribution using sprinklers, the desire to enhance water-use efficiency, and achieve higher crop yields by delivering water and nutrients directly to plant roots.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/irrigation-automation-market-5578
3. Asia-Pacific Takes the Lead:
• In 2023, Asia-Pacific is expected to capture the largest share of the global irrigation automation market. This dominance is fueled by the region's vast agricultural lands, changing climatic conditions, strong government support for automated irrigation systems, and advancements in irrigation components.
4. North America Projected for High Growth:
• North America is anticipated to register the highest CAGR during the forecast period, driven by leading market players, increasing adoption of automated irrigation systems, and initiatives taken by the government to promote water conservation.
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5. Key Players:
• The key players in the global irrigation automation market include The Toro Company, Valmont Industries, Inc., Rain Bird Corporation, Jain Irrigation Systems Ltd., Lindsay Corporation, Nelson Irrigation, Rubicon Water S.L.U., Galcon Bakarim Agricultural Cooperative Society Ltd., HydroPoint Data Systems, Inc., Calsense, Orbit Irrigation Products Inc., Stevens Water Monitoring Systems Inc., Viridix Ltd., Niagara Irrigation Automation, and Lumo, Inc.
This research report provides a comprehensive analysis of the irrigation automation market, offering valuable insights into its dynamics, trends, and growth opportunities. Stakeholders, industry players, and investors can leverage this report to make informed decisions and strategize for the future of the irrigation automation market.
For more detailed information and a deeper understanding of the irrigation automation market, refer to the complete report titled "Irrigation Automation Market by System, Irrigation Type, Component, End Use (Agricultural, Non-agricultural), and Geography - Global Forecast to 2030," available on the Meticulous Research® website.
Download Sample Report Here @
https://www.meticulousresearch.com/download-sample-report/cp_id=5578
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Contact Sales- +1-646-781-8004
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We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
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