Press release
Smart Cities Propel The Smart Irrigation Market: A Significant Driver Propelling The Smart Irrigation Market In 2025
Smart Irrigation
What Is the Smart Irrigation Market Size and Projected Growth Rate?
The market for smart irrigation has seen substantial expansion in the last few years. It is projected to increase from $1.86 billion in 2024 to $2.16 billion in 2025, registering a compound annual growth rate (CAGR) of 16.2%. Factors such as water shortage, ecological issues, precision farming, governmental rules, city development, and landscaping have driven growth during the historical period.
In the coming years, the smart irrigation market is projected to experience a swift expansion. By 2029, the market size is expected to reach $3.94 billion, with a compound annual growth rate (CAGR) of 16.2%. This growth during the forecast period is largely due to factors such as the effects of climate change, population increase and associated food demand, management of water resources, cost-effectiveness, and a rise in usage in landscaping, along with governmental efforts. Key trends for the predicted period encompass the Internet of Things and big data, progress in technology, wireless connectivity, synchronization with weather data, remote surveillance and management, along with industry-specific solutions.
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What Are the Major Segments in the Smart Irrigation Market?
The smart irrigation market covered in this report is segmented -
1) By Type: Climate-Based, Sensor-Based
2) By Technology: Evapotranspiration, Soil Moisture
3) By Component: Sensors, Controllers, Water Flow Meters, Software, Other Components
Subsegments:
1) By Climate-Based: Evapotranspiration Controllers, Weather-Based Irrigation Controllers, Climate Data Monitoring Systems
2) By Sensor-Based: Soil Moisture Sensors, Rain Sensors, Temperature Sensors, Flow Sensors
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What Are The Driving Smart Irrigation Market Evolution?
The expansion of intelligent urban areas is playing a substantial role in the advancement of the smart irrigation market. The rising prominence of effective water solutions for non-agricultural applications is a critical driving force behind market growth. With the evolving trend of smart cities across the globe, there is a strong emphasis on the effectual management of water resources in both commercial and residential settings. For instance, as evident in the Smart City Index Report released by the Switzerland-based IMD Business School in April 2023, the tally of smart cities grew by 16.3%, from 118 in 2021 to 141 in 2023. Hence, the proliferation of smart cities is aiding in the progression of the smart irrigation market.
Which Firms Dominate The Smart Irrigation Market Segments?
Major companies operating in the smart irrigation market include AquaSpy Inc., Calsense, Galcon Ltd., Hunter Industries Inc., HydroPoint Data Systems Inc., Netafim USA, Rachio Inc., Rain Bird Corporation, Stevens Water Monitoring Systems Inc., The Toro Company, Weathermatic Industries Inc., Banyan Water Inc., Caipos GmbH, Delta-T Devices Ltd., Jain Irrigation Systems Ltd., Manna Irrigation Ltd., Orbit Irrigation Products LLC, Soil Scout Oy, Valmont Industries Inc., Nelson Irrigation Corporation, Tucor Inc., Irritec S. p. A., Antelco Pty Ltd., Conserva Irrigation Holdings LLC, WaterBit Inc., Hortau Inc., Ewing Irrigation & Landscape Supply Inc., Signature Control Systems Inc., Green IQ Ltd., Hortech Systems Ltd., Spraying Systems Co., Acclima Inc., HortControl LLC
What Trends Are Expected to Dominate the Smart Irrigation Market in the Next 5 Years?
Major businesses in the market are adopting innovative technologies such as precision irrigation systems to maintain their market stance. Precision irrigation is a distinctive and sustainable farming method that ensures that water and nutrients are accurately applied to crops at the right time, place, and amount. For example, in April 2022, Viridix, an irrigation solution manufacturer based in Israel, introduced RooTense by Viridix, an advanced precision irrigation system, equipped with AI-based autonomous features which were unheard of until now. This cutting-edge technology offers real-time data, in addition to the company's unique AI-based software that combines RooTense data with additional data from various sources. It then analyzes all this information to produce operational insights which allow the system to make autonomous decisions and actions. By utilizing data-informed decisions, optimizations, and Auto-Pilot automation, this technology has the potential to assist both large and small scale farmers in achieving more with less.
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Which Is The Largest Region In The Smart Irrigation Market?
North America was the largest region in the smart irrigation market in 2024.The regions covered in the smart irrigation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Smart Irrigation Market?
2. What is the CAGR expected in the Smart Irrigation Market?
3. What Are the Key Innovations Transforming the Smart Irrigation Industry?
4. Which Region Is Leading the Smart Irrigation Market?
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