Smart Irrigation Market Trends set to witness Explosive growth by 2030

Global Smart Irrigation Market Overview:

According to MarkNtel Advisors study the Global Smart Irrigation Market size was valued at around USD 2.5 Billion in 2023 and is projected to grow at a CAGR of around 15% during the forecast period, i.e., 2024-30. The market is more likely to expand owing to the extensive government initiative for preserving water, incorporating several latest techniques to build and improvise irrigation systems worldwide.

Key Findings of the Study: Smart Irrigation market

Global Smart Irrigation Market Possible Restraint:

Need for Standardization & Better Interoperability Metrics - Smart irrigation devices use different communication interfaces, technologies, and protocols. However, the lack of standardization among them can cause data misrepresentation & make it difficult to integrate systems. This also limits the plug-and-play capabilities between unrelated systems. For example, equipment manufacturers use their own interface protocols for communication, which affects communication between devices from different manufacturers. Access to plant-related data is also crucial for software and system developers. Therefore, standardization and interoperability metrics are necessary for devices to function effectively.

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Scope of the Smart Irrigation Market Report Segmentation

-By Irrigation Technology

Sprinkler Irrigation
Centre-pivot Irrigation
Drip Irrigation
Micro-Irrigation
Irrigation drones

-By Component

Climate based Controllers
Soil moisture Sensor controllers
Weather-based controllers
Sensor-based controllers
Rain/freeze sensors
Wind sensors
Flow sensors

-By End User

Residential Lawns/Gardens
Agricultural Lands
Golf courses
Sport Stadiums

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Geographical analysis:

-By Region

North America
South America
Europe
Middle East & Africa
Asia-Pacific

From the abovementioned list, the Asian-Pacific region is all set to witness robust growth during the projected timeframe. The major countries that sum up the following region, including India, China, Japan, Indonesia, Australia, and Singapore, have already started promoting several activities related to modern agriculture and its related techniques by forming large groups and communities as well. All this will ultimately carry a positive influence on the smart irrigation industry and, thus, facilitate the market to boom in the future. Of the Asian-Pacific region, China and Australia are commanding the market. Whereas on the other hand, India and Japan are urged to adopt the methodology of smart irrigation due to its latest technological developments and high disposable income in the private sector.

Global Smart Irrigation Industry Recent Developments

In April 2023, Rain Bird Corporation & Flume, shook hands together and proposed to provide a new generation of whole-home water management solutions. These solutions have been triggered at equipping water agencies and homeowners with enhanced instruments for accomplishing the ultimate goal of considerable water savings.
In March 2023, Netafirm, in order to support the effective adoption of precision irrigation in Morocco and develop the nation's agricultural sector, unveiled the launching of its maiden manufacturing facility in North Africa. Netafirm is an Orbian company and a global pioneer in precision agriculture solutions. By investing in this facility, the corporation is demonstrating its ongoing dedication to assisting the region's nations to earn the major milestone of food security in addition to confronting climate change.

Current Landscape of Smart Irrigation Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Smart Irrigation market. The research report profiles major players, including

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Rain Bird Corporation
Calsense
Galcon
Weathermatic
Cultyvate
Hydropoint
Netafirm
Stevens Water Monitoring Systems
CropX
Ecozen Solutions
Water Bit
AquaSpy

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