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Irrigation Automation Market Size, Share, Trends, and Growth Analysis by 2027

02-29-2024 02:38 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Markets and Markets

Irrigation Automation Market Size, Share, Trends, and Growth

The global irrigation automation market, estimated at USD 4.2 billion in 2022, is poised to escalate at a remarkable CAGR of 17.2% to reach USD 9.2 billion by 2027. This market dynamics report delves into key trends and regional insights driving this robust growth.

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Key Market Dynamics:

Rapid Growth in Asia Pacific:

Asia Pacific emerges as the fastest-growing region, both in terms of volume and value. With vast irrigated agricultural lands and pivotal countries like Australia, India, China, and Japan, this region exhibits significant potential for market expansion. Drip irrigation dominates here, facilitating efficient water management.

Dominance of North America:

North America commands a substantial market share, contributing 38% to the global irrigation automation market. The region's fertile soil, abundant water resources, and organized distribution chains contribute to its dominance, with large-scale operations primarily focused on exports.

Surge in Automatic Systems:

The automatic segment witnesses the highest growth rate in the irrigation automation market. Offering fully automated control and flexibility, these systems enhance efficiency by adjusting water application to crops based on real-time data. Sensors, particularly soil moisture, rain & freeze, and wind sensors, emerge as crucial components in this segment.

Advancements in Automation Technology:

Real-time feedback systems, utilizing sensors like tensiometers and humidity sensors, are projected to witness significant growth. These systems enable informed decision-making by providing real-time data on plant demand, facilitating precise irrigation scheduling.

Drip Irrigation Leading the Way:

Drip irrigation, renowned for its water conservation capabilities and root-to-root irrigation, emerges as the fastest-growing segment. Integrated with sensors, controllers, and valves, drip irrigation systems provide farmers with enhanced monitoring and control capabilities.

Non-agricultural Applications on the Rise:

The non-agricultural segment, encompassing sports grounds, residential areas, and landscapes, showcases substantial growth potential. Automation systems in these areas leverage sensor data and weather forecasts to optimize water usage, minimizing wastage and maximizing efficiency.

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Regional Insights:

Asia Pacific is poised to experience the highest CAGR in the irrigation automation market, driven by the burgeoning agriculture industry in China and India. Favorable regulations and increasing investments by global players further propel market growth, with China anticipated to lead the region's market share.

Key players in this market include Netafim (Israel), Lindsay Corporation (US), The Toro Company (US), Jain Irrigation Systems (India), Valmont Industries Inc. (US), Rain Bird (US), Galcon (Israel), BACCARA (Israel), Hunter Industries (US), Irritec S.p.A (Italy), Superior (US), Weathermatic (US), Nelson Irrigation (US), Calsense (US), HydroPoint Data Systems (US), and Rubicon Water (Australia). These players in this market are focusing on increasing their presence through mergers & acquisitions, and partnerships. The irrigation automation companies have a strong presence in North America, and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

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

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Mr. Aashish Mehra
MarketsandMarkets™ INC.
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