Smart Irrigation Market size was valued at US$ 1.42 Billion in 2020 and the total Smart Irrigation revenue is expected to grow at 12.7% through 2021 to 2027, reaching nearly US$ 3.28 Billion.
Smart irrigation systems automatically tailor sprinkler schedules and run periods to individual landscape demands. These intelligent controls significantly improve the efficiency of outdoor water usage. Smart irrigation controllers, as opposed to standard irrigation controllers, track weather, soil quality, precipitation, and plant water usage to proactively modify the sprinkler schedule to the actual conditions of the site.
Smart Irrigation Market Scope:
The industry for Smart Irrigation Market is expected to grow at the quickest CAGR between 2022 and 2029. This report provides market estimates and approximations. The Smart Irrigation Market's trends, challenges, and opportunities are examined and analysed in this stellar market research (SMR) assessment. This study's objective is to offer a strategic overview of the Smart Irrigation market in terms of recent growth trends, projected future growth, and key submarket contributors. North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and South America are all included in the SMR analysis, which also includes a country-by-country segmentation. The analyses of key strengths, market positioning, and strategy orientations of significant industry actors are looked at. Along with information on their most recent competitive triumphs, investments, strategic objectives, and competitive climate, profiles of the leading players in the market are also given.
Smart Irrigation Market Overview:
Along with the company's strategy, operational procedures, and expansion-oriented financial approach, the Stellar Market Research (SMR) report analyses the manufacturer's issues and market growth factors. Some customers' needs might be met by being adaptable and well understanding market prospects. Stellar Market Research examines the market's leading rivals as well as the general competitive environment. This market report on Smart Irrigation market might be useful for structuring, given the state of the business at the moment.
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Smart Irrigation Market Dynamics:
The benefits of information technology are now limited to advanced nations, with a focus on the cultivation of well-known and widely produced commodities such as wheat and rice. Smart irrigation requires large initial investments, efficient agricultural instruments, longer waiting times, and competent and informed farmers or producers, among other things, for ongoing and successful use of technology.
Smart Irrigation Market Segmentation:
This increase could be attributed to the increasing use of sensor-based watering systems in agriculture to save water and increase crop productivity. Sensor-based systems have the potential to analyse precise data from large sensors installed on farms, such as temperature, moisture levels, rainfall, and humidity. Sensor-based systems are also preferable to weather-based solutions because they do not rely on forecasts or data from meteorological stations.
Key Players:
Netafim (Israel)
HydroPoint (US)
Manna Irrigation (Israel)
Stevens Water Monitoring Systems (US)
Galcon (Israel)
Rachio (US)
Weathermatic (US)
Jain Irrigation Systems (India)
Banyan Water (US)
Delta-T Devices (UK)
Calsense (US)
Skydrop (US)
AquaSpy (US)
Soil Scout (Finland)
Caipos (Austria)
Smart Irrigation Market Regional Analysis:
The five primary regions of the Smart Irrigation market are Europe, North America, Asia-Pacific, the Middle East and Africa, and South America.
COVID-19 Impact Analysis on Smart Irrigation Market:
The total market has been hit by COVID-19, and the growth rate has also been impacted in 2019–2020 as the effect of COVID–19 spreads. The COVID-19 crisis is forcing businesses and organisations to manage risk and digitise operations in order to provide reliable information and experiences to decision-makers. This is according to SMR most recent research, viewpoints, and insights on the management issues that matter most to businesses and organisations about the market.
Key Questions answered in the Smart Irrigation Market Report are:
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About Stellar Market Research:
Stellar Market Research is an Indian consulting firm that was founded in 2018. It specialises in offering clients long-term planning and advisory services to help them achieve their organisational transformation goals. The organisation uses its extensive network and in-depth knowledge of the industry to produce informed comments on reports that give clients a tactical edge. Clients have access to a market portfolio that will help their company build a strong presence over time, prepare for outcomes, and take the essential actions for exceptional growth and market supremacy. A lot of weight is placed on secondary market analysis, consumer purchasing patterns, and pricing variations.
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Stellar Market Research is an Indian consulting firm that was founded in 2018. It specialises in offering clients long-term planning and advisory services to help them achieve their organisational transformation goals.
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Nov 24, 2022