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Global Smart Irrigation Market worth USD 1.5 billion by 2021| Market Data Forecast
Browse Market data tables and in-depth TOC of the Global Smart Irrigation Market to 2021 @ http://www.marketdataforecast.com/market-reports/smart-irrigation-market-4487/
Expanding farming operations cost, increasing government initiatives to promote water conservation and growing importance to increase farm profit by utilizing automated irrigation solutions are the major factors driving the smart irrigation market. Also, increasing need to monitor and control the water requirements of the field due to inadequate rainfall and water are further expected to fuel the growth of the market. However, lack of awareness regarding the potential benefits of smart irrigation solutions and high implementation cost are the restraining the growth of the market.
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Smart Irrigation Market Segmentation by irrigation controller, hardware and network component and application. By irrigation controller the market is classified into weather based controllers and sensor based controllers. By hardware and network component the market is segmented into sensor, water/flow meter and smart detection system. Sensors hold a large share in the hardware segment. By application the market is divided into agriculture and non-agriculture. The agriculture application is expected to grow at a high CAGR. On the basis of geography, the market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Smart Irrigation market was dominated by North America. Asia Pacific is expected to grow at the highest CAGR.
Some of the prominent vendors in the smart irrigation market, include Hunter Industries, Rain Bird Corporation, Netafim, HydroPoint Data Systems, Inc., Rachio Inc., The Toro Company, Calsense, Galcon, Blossom and Green Electronics LLC (RainMachine)
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