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Smart Irrigation Industry Drivers, Segments, Merger, Acquisition, SWOT Analysis, PESTELE Analysis and Business Opportunities by 2027

The global Smart Irrigation Market will be worth USD 2,877.9 Million by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the increasing adoption of IoT based smart irrigation devices by farmers and growers to produce healthier crops. The growing implementation of information communication technologies and IoT is expected to drive market growth over the forecast period.

The report offers a bird’s eye view of the Smart Irrigation market with regards to economic scenario, competitive landscape, production and demands, and consumption analysis. The report also offers a stringent analysis of the market drivers, restraints, limitations, challenges, growth prospects, and threats of the market. The report provides an extensive analysis of the market segmentation and expansion across key regions.

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Key Highlights From The Report

  • In 2018, a Bluetooth-enabled tap timer, BTT, was launched by the Hunter Industries. An app-controlled light irrigation is provided by BTT for small lawn areas, flowers, greenhouses, plants, and nurseries.
  • The Weather-based system is forecasted to grow with the fastest CAGR of 15.6% over the forecast period owing to the increasing adoption of weather-based systems by the contractors and managers of commercial building and golf course and landscaping.
  • The Controllers are the most widely used component in the global smart irrigation market as the technologically advanced smart controllers can automatically adjust schedules for irrigation to any environmental changes by using the sensor and weather data.
  • The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the increasing investments and emergence of a large number of startups.
  • Key participants include The Toro Company, Rain Bird Corporation, Netafim, Hunter Industries, HydroPoint Data Systems, Inc., Weathermatic, Rachio Inc., Manna Irrigation, Galcon, and Stevens Water Monitoring Systems, among others.

Emergen Research has segmented the global Smart Irrigation Market on the basis of System Type, Component, Application, and region:

  • System Type Outlook (Revenue, USD Billion; 2017-2027)
    • Sensor-based system
    • Weather-based system
  • Component Outlook (Revenue, USD Billion; 2017-2027)
    • Sensors
    • Controllers
    • Water Flow Meters
    • Others (Wireless communication equipment, routers, gateways)
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Agricultural (open field, greenhouses)
    • Non-Agricultural (Golf Courses, Residential, sports ground, Turf & Landscapes, Forestry)

The research study also offers insights into various regulatory frameworks and evaluates the growth of the industry in each key region of the world. The report also provides an assessment of the micro and macro-economic factors influencing the growth of the market in the mentioned regions. The global Smart Irrigation market is segmented into the following based on the key regions of the world:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Benefits of the Global Smart Irrigation Market Report:

  • Comprehensive analysis of the changing competitive landscape
  • Assists in decision making processes for the businesses along with detailed strategic planning methodologies
  • The report offers an 8-year forecast estimation and assessment of the Global Smart Irrigation Market
  • Helps in understanding the key product segments and their estimated growth rate
  • In-depth analysis of market drivers, restraints, trends, and opportunities
  • Comprehensive regional analysis of the Global Smart Irrigation Market
  • Extensive profiling of the key stakeholders of the business sphere
  • Detailed analysis of the factors influencing the growth of the Global Smart Irrigation Market

Table Of Content:

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Smart Irrigation Market Segmentation & Impact Analysis
4.1. Smart Irrigation Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing need for efficient irrigation system
4.2.2.2. Rising R&D for the development of new technologies
4.2.2.3. Increasing government initiatives regarding water conservation
4.2.2.4. Convenience of remote access and innovation in technology
4.2.3. Market restraints analysis
4.2.3.1. High technological cost of the system
4.2.3.2. High cost for implementation of the system in fragmented land owned by the same entity
4.2.3.3. Lack of skillsets and technical knowledge among farmers
4.2.3.4. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

Chapter 5. Smart Irrigation Market By System Type Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. System Type Based Dynamics & Market Share, 2019 & 2027
5.1.1. Sensor-based system
5.1.2. Weather-based system

CONTINUED…!

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