Future Smart Irrigation Market: Key Dynamics, Size & Share Analysis

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.

Top Driver Impacting the Smart Irrigation Market Growth

The Diminishing Cost of Sensors & Controllers Used in the System - Manufacturers supplying low-cost sensors have promoted the easy availability of sensors worldwide. These sensors, including soil moisture, rain/free, fertigation, and flow sensors, can be easily attached to the nodes, simultaneously making an irrigation system highly efficient and affordable.

Along similar lines, several latest sensors, such as leaf water stress monitoring sensors, multi-level soil moisture sensors, or water salinity monitoring sensors, designed primarily by using copper coils and other pocket-friendly materials, have already been introduced by the key manufacturers to cut down the exorbitant cost and meet the consistent demand of the under-developed nations. Thus, the cost-effectiveness of sensors and controllers encourages farmers to opt for such advanced techniques in a bid to attain efficient irrigation systems, thereby making a substantial contribution in enhancing the Smart Irrigation Market size.

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Understanding the Core Segments in the Smart Irrigation Market

Smart Irrigation Market Size, Share & Industry Trends Analysis - 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), and others

Geographical Analysis of the Smart Irrigation Market

-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.

Who Dominates the Smart Irrigation Market Insights on Key Industry Players?

Companies are strengthening their presence in the Smart Irrigation market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

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

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