Press release
Competitive Landscape: Key Market Leaders and New Entrants in the Smart Irrigation Industry
The smart irrigation sector is gaining considerable attention as it addresses the critical need for efficient water management in agriculture and landscaping. With advancements in technology and a growing commitment to sustainability, this market is set for significant growth. Below, we explore its projected valuation, key industry players, emerging trends, and segmentation details to provide a comprehensive overview of the smart irrigation landscape.Projected Market Value of the Smart Irrigation Industry by 2030
The smart irrigation market is expected to expand rapidly, reaching a valuation of $4.15 billion by 2030, growing at a compound annual growth rate (CAGR) of 14.2%. This surge is driven by increasing focus on sustainable water management practices, higher adoption rates of IoT-enabled irrigation controllers, and the growing incorporation of predictive climate analytics. The widespread use of soil moisture sensing technologies and greater investments in smart landscaping solutions are also contributing to this growth. Key trends anticipated during this period include heightened demand for water-efficient irrigation systems, the rise of automated landscape irrigation technologies, improvements in real-time moisture and weather monitoring, expanding applications in both residential and commercial settings, and increased use of precision water flow control devices.
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Leading Companies Driving the Smart Irrigation Market
Several prominent companies play a crucial role in the smart irrigation space, including 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., Acclima Inc., and HortControl LLC.
Significant Acquisition to Strengthen Market Position
In July 2023, Lindsay Corporation, a US-based manufacturer of irrigation systems and tools, acquired FieldWise LLC, though the financial details were not disclosed. This strategic move aims to broaden Lindsay Corporation's presence in the smart irrigation and agricultural technology markets. By bringing FieldWise onboard, Lindsay enhances its ability to offer two top-tier solutions, serving a larger customer base through an expanded distribution network. FieldWise LLC specializes in agricultural technology focused on subscription-based precision irrigation systems, reinforcing Lindsay's commitment to innovation in this space.
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Emerging Trends Shaping the Smart Irrigation Market Globally
Industry leaders are increasingly concentrating on the development of AI-powered automated irrigation systems designed to optimize water usage, boost crop yields, and encourage sustainable farming practices. These smart irrigation solutions utilize artificial intelligence combined with environmental sensors to monitor soil conditions, crop health, and weather patterns, enabling precise and data-driven irrigation management.
For example, in January 2025, Full Nature Farms, a Hong Kong-based provider of vertical farming and agricultural technology, introduced the Rocket 2.0 Smart Irrigation Platform. This system merges advanced sensors with AI to deliver real-time, automated irrigation that reduces water waste and promotes healthier plants. Its versatile design and cost-effective approach make it accessible for a wide range of agricultural applications, supporting global efforts toward efficient and sustainable farming.
Breakdown of Market Segments in Smart Irrigation
The smart irrigation market is segmented in the following ways:
1) By Type:
- Climate-Based
- Sensor-Based
2) By Technology:
- Evapotranspiration
- Soil Moisture
3) By Component:
- Sensors
- Controllers
- Water Flow Meters
- Software
- Other Components
Further subcategories in the market include:
- Climate-Based: Evapotranspiration Controllers, Weather-Based Irrigation Controllers, Climate Data Monitoring Systems
- Sensor-Based: Soil Moisture Sensors, Rain Sensors, Temperature Sensors, Flow Sensors
This segmentation provides a detailed framework for understanding the various technologies and components that drive the smart irrigation market's growth and innovation.
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