Smart Irrigation Market size worth $ 2.8 Billion, Globally, by 2028 at 14.02% CAGR: Verified Market Research® – PR Newswire

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The rising demand for several systems such as sprinklers drip irrigation systems, and smart detection devices to enhance the overall water efficiency of irrigation systems. Such factors are anticipated to fuel the growth of the Smart Irrigation Market.
JERSEY CITY, N.J., April 11, 2022 /PRNewswire/ — Verified Market Research recently published a report, "Smart Irrigation Market" By Component (Controllers, Sensors, Water Flow Meters), By Application (Agricultural, Non-Agricultural), By System (Weather Based Controller, Sensor Based Controller), and By Geography. According to Verified Market Research, the Global Smart Irrigation Market size was valued at USD 0.9 Billion in 2020 and is projected to reach USD 2.8 Billion by 2028, growing at a CAGR of 14.02% from 2021 to 2028.
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Browse in-depth TOC on "Smart Irrigation Market"
202 – Pages
126 – Tables
37 – Figures
Global Smart Irrigation Market Overview
There are many advantages correlated with the use of smart irrigation such as the saving of time as well as money and for the meeting of specific landscape needs through the optimization of water levels. The rising demand for several systems such as sprinklers drip irrigation systems, and smart detection devices to enhance the overall water efficiency of irrigation systems. Such factors are anticipated to fuel the growth of the market over the forecast period. However, factors such as the cost of the smart irrigation system as well as the potential of error in the systems are restraining the growth of the Smart Irrigation Market.
Moreover, technological advancement such as the integration of smartphones with irrigation systems is likely to provide lucrative opportunities for the market to grow. Currently, smart irrigation technology is expensive, which makes it unaffordable for smaller farmers in developed regions and most farmers in emerging economies. Access to the latest technology is restricted to big and industrialized farms owing to high technology costs. Currently, the benefits of information and communications technology are limited to advanced countries with a focus on the production of well-known and widely grown crops, such as wheat, maize, and rice.
Key Developments
Key Players
The major players in the market are Toro Company, ET Water, Galcon, Rain Machine, Banyan Water, Rachio, Hydro Point, Rain Bird Corporation, Hunter Industries, Netafim.
Verified Market Research has segmented the Global Smart Irrigation Market On the basis of Component, Application, System, and Geography.
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Center Pivot Irrigation Systems Market By Field Size (Medium Fields, Small Fields and Large Fields), By Crop Type (Oilseeds & Pulses, Cereals), By Component (Pivot Points, Drive Trains, Sprinkler Drops), By Geography, Forecast, 2021-2028
Drip Irrigation Market By Type (Field Crop, Fruits & Nuts, Vegetable Crops), By Component (Emitters, Pressure pumps, Drip Tubes), By Geography, Forecast, 2021-2028
Microirrigation Systems Market By Type (Micro sprinkler, Drip), By Crop (Field Crops, Plantation Crops), By End-Users (Farmers, Industrial Users), By Component (Filters, Drip Emitter, Micro Spray), By Geography, Forecast, 2021-2028
Non Agriculture Intelligent Irrigation Controller Market By Type (Weather-based Controllers, Sensor-based Controllers), By Application (Golf Courses, Commercial), By Geography, Forecast, 2021-2028
Top 5 Irrigation Controller Companies empowering agribusinesses with advanced solutions
Visualize Smart Irrigation Market using Verified Market Intelligence:-:
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VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
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