Smart Irrigation Market Growth Outlook Through 2024-2033

Overview and Scope
Smart irrigation refers to a technique that calculates the landscape’s irrigation needs using meteorological or soil moisture data. It analyses weather information or measurements of soil moisture to assess the landscape’s requirement for irrigation. These solutions increase irrigation effectiveness by minimizing water waste while maintaining plant health and quality.

Sizing and Forecast
The smart irrigation market size has grown rapidly in recent years. It will grow from $1.61 billion in 2023 to $1.87 billion in 2024 at a compound annual growth rate (CAGR) of 16.2%. The growth in the historic period can be attributed to water scarcity, environmental concerns, precision agriculture, government regulations, urbanization and landscaping.

The smart irrigation market size is expected to see rapid growth in the next few years. It will grow to $3.36 billion in 2028 at a compound annual growth rate (CAGR) of 15.8%. The growth in the forecast period can be attributed to climate change impact, population growth and food demand, water resource management, cost savings, increasing adoption in landscaping, government initiatives. Major trends in the forecast period include iot and big data, technological advancements, wireless connectivity, integration with weather data, remote monitoring and control, industry-specific solutions.

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Segmentation & Regional Insights
The smart irrigation market covered in this report is segmented –

1) By Type: Climate-Based, Sensor-Based
2) By Technology: Evapotranspiration, Soil Moisture
3) By Component: Sensors, Controllers, Water Flow Meters, Software, Other Components
4) By End User: Agriculture, Golf Course, Residential, Other End Users

North America was the largest region in the smart irrigation market in 2023. The regions covered in the smart irrigation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The growth of smart cities is significantly contributing to the growth of the smart irrigation market going forward. The increase in the importance of efficient watering solutions for non-agricultural practices is the major driving factor for the growth of this market. As smart cities are being the ongoing trend in major parts of the world, they emphasize efficient management of water practices for both commercials as well as residential spaces. For instance, according to Cities Today, a US-based magazine, the number of smart city projects in 2020 grew by 14% from 2019 and is expected to increase at a faster rate in 2023 and 2024. Therefore, an increase in smart cities helps in the growth of the smart irrigation market.

Key Industry Players
Major companies operating in the smart irrigation market report are AquaSpy Inc., Calsense, Galcon Ltd., Hunter Industries Inc., HydroPoint Data Systems Inc., Netafim USA, Rachio Inc., Rain Bird Corporation, Stevens Water Monitoring Systems Inc., The Toro Company, Weathermatic Industries Inc., Banyan Water Inc., Caipos GmbH, Delta-T Devices Ltd., Jain Irrigation Systems Ltd., Manna Irrigation Ltd., Orbit Irrigation Products LLC, Soil Scout Oy, Valmont Industries Inc., Nelson Irrigation Corporation, Tucor Inc., Irritec S. p. A., Antelco Pty Ltd., Conserva Irrigation Holdings LLC, WaterBit Inc., Hortau Inc., Ewing Irrigation & Landscape Supply Inc., Signature Control Systems Inc., Green IQ Ltd., Hortech Systems Ltd., Spraying Systems Co., Acclima Inc., HortControl LLC

The smart irrigation market report table of contents includes:

1. Executive Summary
2.Smart Irrigation Market Characteristics
3.Smart Irrigation Market Trends And Strategies
4.Smart Irrigation Impact Of COVID-19
5.Smart Irrigation Market Size And Growth
6.Smart Irrigation Segmentation
7.Smart Irrigation Regional And Country Analysis
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27. Smart IrrigationCompetitive Landscape And Company Profiles
28.Smart Irrigation Key Mergers And Acquisitions
29.Smart Irrigation Future Outlook and Potential Analysis

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