Press release
Automated Irrigation Market Size Global Cultivating Growth Through Efficiency (2024-2030)
Automated Irrigation MarketThe automated irrigation market is poised for significant growth, with a projected valuation of USD 14.6 billion by 2030, boasting a robust CAGR of 16.87% [1]. This growth is fueled by the increasing adoption of automation in agriculture, a sector facing numerous challenges.
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Driving Forces:
Precision and Efficiency: Automated irrigation systems deliver precise water application based on factors like temperature, moisture, and soil pH, reducing crop damage and optimizing yield. This translates to higher quality and quantity of agricultural production.
Water Conservation: With water scarcity becoming a pressing concern, automated irrigation promotes responsible water management. Sensors and real-time data analysis ensure water is applied only when and where needed, minimizing waste.
Addressing Labor Challenges: Automation helps address labor shortages in agriculture by simplifying irrigation tasks and allowing farmers to manage larger areas efficiently.
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COVID-19 Impact:
While the global pandemic disrupted various industries, the long-term impact on the automated irrigation market remains to be seen. Potential concerns include:
Supply Chain Disruptions: Manufacturing and logistics disruptions may have impacted the availability of components for automated irrigation systems.
Investment Delays: Economic uncertainty could lead to delays in farm investments, including automated irrigation systems.
Key Players:
Market Research Future (MRFR) identifies leading players in the global automated irrigation market as:
The Toro Company (US)
Hunter Industries (US)
Netafim (Israel)
Several other prominent players across the globe
Market Segmentation:
The market can be segmented by:
Components: Controllers, sensors, valves, sprinklers, etc.
Type: Time-based, volume-based, real-time-based, computer-based control systems.
Application: Water resource management, soil management, groundwater management.
End Use: Agricultural, non-agricultural (e.g., golf courses, landscaping).
Region: North America, Europe, Asia-Pacific, South America, Middle East & Africa.
Growth Trends:
Sensors Segment: The sensors segment is expected to witness the fastest growth due to their importance in gathering real-time data for optimal irrigation.
Real-Time Irrigation: Real-time-based control systems are projected to gain traction due to their ability to react to changing weather conditions and promote sustainable water usage.
Non-Agricultural Segment: The non-agricultural segment is expected to see significant growth due to increasing adoption in landscaping and golf courses.
Regional Focus:
North America currently holds a dominant share in the automated irrigation market, but regions like Asia-Pacific and Latin America are expected to experience rapid growth due to rising agricultural investment and government initiatives promoting water conservation.
Conclusion:
The automated irrigation market presents a compelling growth story as it empowers farmers to address challenges, optimize resource utilization, and propel agricultural productivity. By embracing automation, farmers can navigate a changing environment and contribute to a more sustainable future.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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