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Efficiency Unveiled: Irrigation Automation Market Set to Reach $12.7 Billion by 2030
Meticulous Research®, a leading global market research company, has unveiled its latest research report titled "Irrigation Automation Market by System, Irrigation Type, Component, End Use (Agricultural, Non-agricultural) and Geography - Global Forecast to 2030".
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The report projects that the irrigation automation market will surge to $12.7 billion by 2030, boasting a remarkable CAGR of 16.6% from 2023 to 2030. This growth trajectory is fueled by the increasing adoption of smart agriculture technologies and the myriad benefits offered by automated irrigation systems in agriculture. Leveraging sensors and timers, these automated systems deliver precise water amounts directly to plant roots, minimizing water wastage compared to traditional manual methods. Government support for automated farming technologies and the proliferation of automated irrigation systems for large-scale farming present significant growth opportunities for stakeholders. However, the high upfront costs of installing these systems and the challenge of implementing them in fragmented land may impede market growth.
The global irrigation automation market is dissected based on system, irrigation type, component, end use, and geography, with the report offering comprehensive insights at regional and country levels.
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In terms of system, the market is divided into automatic and semi-automatic segments. The automatic segment is poised to dominate the market, driven by the increasing deployment of automatic irrigation systems and their technological advancements.
Sprinkler irrigation leads the irrigation type segment in 2023, owing to its efficacy in distributing water, improving water-use efficiency, and ease of operation. Conversely, the drip irrigation segment is projected to witness the highest growth rate during the forecast period, driven by its efficiency in water and nutrient delivery, cost-effectiveness, and suitability for various crop types.
The hardware segment, including controllers, sensors, valves, and pipes, is expected to hold the largest share of the component segment. This dominance is attributed to efforts by market players to develop intelligent irrigation control systems and the increasing adoption of smart irrigation controllers and sensors.
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
Agricultural end use is set to command the larger share of the market, fueled by the demand for smart water irrigation systems among farmers to enhance efficiency, reduce water usage, and boost crop productivity.
Geographically, Asia-Pacific is anticipated to lead the market, driven by vast agricultural lands, changing climatic conditions, and government support for automated irrigation systems. However, North America is expected to register the highest growth rate during the forecast period, propelled by the presence of key market players and increasing adoption rates of irrigation systems supported by government initiatives.
The report identifies key players in the global irrigation automation market, including The Toro Company, Valmont Industries, Rain Bird Corporation, and Jain Irrigation Systems Ltd., among others.
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In conclusion, the Meticulous Research® report offers valuable insights into the evolving landscape of the irrigation automation market, guiding stakeholders towards informed decisions in this dynamic industry.
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 systems/services across the globe?
• What are the market forecasts and estimates for 2023-2030?
• What are the global irrigation automation market's major drivers, restraints, opportunities, and challenges?
• 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?
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5578
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