According to the new market research report "Smart Irrigation Market
by Irrigation Controller (Weather-Based Controllers and Sensor-Based
Controllers), Hardware and Network Components, Application, and
Geography - Global Forecast to 2022", the smart irrigation
market is expected to reach USD 1,504.6 Million by 2022, at a CAGR of
17.2% between 2016 and 2022. The factors which are driving the smart
irrigation market are increasing demand for food production, reduction
in the wastage of resources, and increasing concern for water
conservation.
Major players involved in the development of smart irrigation include Rain Bird Corporation (U.S.), The Toro Company (U.S.), Hunter Industries (U.S.), Netafim (Israel), HydroPoint (U.S.), Baseline Inc. (U.S.), and others.
Major players involved in the development of smart irrigation include Rain Bird Corporation (U.S.), The Toro Company (U.S.), Hunter Industries (U.S.), Netafim (Israel), HydroPoint (U.S.), Baseline Inc. (U.S.), and others.
Sensors expected to lead the smart irrigation market based on hardware and network components
Sensors are expected to hold the largest share of the
smart irrigation market by 2022. A sensor is a device that measures the
changes in physical quantity or environmental characteristics and
converts it into signals that serve as inputs for control. Sensors in
irrigation are further segmented to rain/freeze sensor, soil moisture
sensor, temperature sensor, wind sensor, flow sensor, and fertigation
sensor. Efficient utilization of sensor helps to enhance the
productivity and profitability of land and crop, this is because it
helps growers to decide when to irrigate, what amount of irrigation
water is required, and how much fertilizers are required by the plants.
Weather-based irrigation controller dominate the smart irrigation market based on irrigation controllers
The weather-based irrigation controllers dominated
the smart irrigation market based on irrigation controllers.
Weather-based controllers set the amount of water for irrigation after
understanding the water requirement of the plant or crops. The amount of
irrigation water varies with the local weather. For instance, less
water is used in rainy or winter seasons and more water in summer
season. Weather-based or smart controllers supply the irrigation water
on the basis of soil type, weather changes, and others.
Non-agriculture application dominates the smart irrigation market based on application
The market for non-agriculture application segment
dominates the smart irrigation market based on irrigation controller.
Non-agriculture application includes residential, turf and landscape,
golf course, and others. Measuring soil moisture and maintaining the
right amount of water in the soil is important in the non-agricultural
application as it helps to minimize the wastage of water and others
resources. The benefits of optimizing irrigation scheduling with soil
moisture sensors include increasing crop yields, saving water,
protecting local water resources from runoff, saving on energy and
fertilizer costs, and increasing the profitability of the farm.
North America dominated the global smart irrigation market in 2015
North America dominated the global smart irrigation
market in 2015. The North America region has shown a progressive growth
for the protection of the environment and planned use of natural
resources. With the increasing concern for water conservation and to
minimize the wastage of resources, the governments in North America are
actively participating and providing rebates and subsidy to enhance the
application of smart irrigation for residential and non-residential use.
The U.S. is the largest market for smart irrigation. The municipalities
in the U.S. and water agencies are offering rebates on smart irrigation
and water-efficient irrigation components.
This research report categorizes the global smart
irrigation market on the basis of irrigation controllers, hardware and
network components, application, and geography. This report describes
the drivers, restraints, opportunities, and challenges with respect to
the smart irrigation market. The Porter’s five forces analysis has been
included in the report with a description of each of its forces and
their respective impact on the smart irrigation market.
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