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Comprehensive Internet Of Things (IoT)-Enabled Fertigation Valve Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Internet Of Things (IoT)-Enabled Fertigation Valve Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the market size of IoT-enabled fertigation valves has seen swift growth. The market, which is currently valued at $1.07 billion in 2024, is expected to expand to $1.24 billion in 2025, marking a compound annual growth rate (CAGR) of 15.8%. Several factors have contributed to this growth during the historic period, including the rising demand for effective irrigation methods, heightened awareness for water conservation, increased application of automation in farming, government initiatives promoting modern irrigation techniques, and escalating pressure to enhance crop productivity.
Internet Of Things (IoT)-Enabled Fertigation Valve Market Size Forecast: What's the Projected Valuation by 2029?
The market size of the internet of things (IoT) powered fertigation valve is projected to experience accelerated growth in the upcoming years, expected to increase to $2.20 billion by 2029 with a compound annual growth rate (CAGR) of 15.5%. This anticipated growth during the forecast period could be due to the surge in investments in digital agriculture technologies, escalating need for real-time surveillance of crops, an increasing trend towards automated fertigation, heightened focus on resource efficiency, and the escalating demand for increased crop yields. Key tendencies during this forecast period include the development in smart valve and sensor technologies, breakthroughs in AI-driven fertigation platforms, the incorporation of predictive analytics in irrigation, developments in cloud-based farm management solutions, and progress in self-teaching algorithms for fertigation.
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What Are the Drivers Transforming the Internet Of Things (IoT)-Enabled Fertigation Valve Market?
The growth of the internet of things (IoT)-enabled fertigation valve market is expected to surge due to the rising use of precision agriculture technologies. These modern farming techniques harness the power of sensors, data analytics, and automation to meticulously manage the use of water, fertilizers, among other agricultural inputs. The popularity of precision agriculture is on the rise as it offers resource efficiency and better crop yield, backed up by digital tools. These tools enable farmers to monitor soil health, crop conditions, as well as environmental factors in real-time. IoT-enabled fertigation valves enhance precision agriculture through automation in water and nutrient distribution, ensuring correct application based on crop necessities, thereby reducing waste and enhancing yields. A United States Department of Agriculture report published in August 2023 indicated a growth in the average percentage of precision agriculture adoption in the US, from 25% in 2021 to 27% in 2023. Consequently, the growth of the internet of things (IoT)-enabled fertigation valve market is being pushed forward by the increasing acceptance of precision agriculture technologies.
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What Long-Term Trends Will Define the Future of the Internet Of Things (IoT)-Enabled Fertigation Valve Market?
Prominent entities in the IoT-driven fertigation valve marketplace are turning their focus towards advanced innovative technologies like smart fertigation systems. These systems aim to maximize resource efficiency and improve crop nutrition, thereby promoting more sustainable farming practices. Smart fertigation systems are essentially IoT-based platforms combining sensors, intelligent valves, and control units to keep an eye on soil conditions, utilize forecasting models, and automate the dispensing of fertilizers and water. For instance, in November 2024, Italy's irrigation tech firm, Irritec S.p.A., introduced the 'SFIDA' - Intelligent Fertigation System for Biofortified Agricultural Production, at EIMA International 2024. The system comes with a smart control unit called the 'Commander' that uses both satellite and field data to handle fertilization automatically, thereby significantly enhancing nutrient content in crops like tomatoes and carrots. This technological leap symbolizes the transitioning of IoT-assisted fertigation valves into data-backed, intelligent platforms that bolster efficiency, sustainability, and productivity in contemporary farming.
Which Segments in the Internet Of Things (IoT)-Enabled Fertigation Valve Market Offer the Most Profit Potential?
The internet of things (IoT)-enabled fertigation valve market covered in this report is segmented as
1) By Product Type: Automatic, Semi-Automatic, Manual
2) By Component: Valves, Controllers, Sensors, Software, Other Components
3) By Distribution Channel: Direct Sales, Distributors, Online Retail
4) By Application: Agriculture, Greenhouses, Horticulture, Landscaping, Other Applications
5) By End-User: Commercial Farms, Research Institutes, Residential, Other End-Users
Subsegment:
1) By Automatic: Motorized Valves, Solenoid Valves, Smart Pressure-Regulated Valves
2) By Semi-Automatic: Timer-Controlled Valves, Sensor-Assisted Valves, Manual Override Valves
3) By Manual: Hand-Operated Valves, Lever-Controlled Valves, Ball Valves
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Which Firms Dominate the Internet Of Things (IoT)-Enabled Fertigation Valve Market by Market Share and Revenue in 2025?
Major companies operating in the internet of things (iot)-enabled fertigation valve market are The Toro Company, Jain Irrigation Systems Limited, Hunter Industries Incorporated, Rain Bird Corporation, KORE Wireless Group Inc., BERMAD Control Systems Ltd., TeeJet Technologies Incorporated, Rubicon Water Pty Ltd, Irritec Società per Azioni (S.p.A.), Banjo Corporation, CultYvate Private Limited, Rachio Incorporated, Galcon Ltd., Antelco Pty Ltd, AutoFarm Ltd., Mobitech Wireless Solution Private Limited, Avanijal Private Limited, FarmX Solutions Pvt. Ltd., Greenly Irrigation Systems Private Limited, AQUA-AGRO S.R.L.
Which Regions Offer the Highest Growth Potential in the Internet Of Things (IoT)-Enabled Fertigation Valve Market?
North America was the largest region in the internet of things (IoT)-enabled fertigation valve market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in internet of things (IoT)-enabled fertigation valve report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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