Automated Irrigation Market Size

Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

By 2030, the global automation irrigation system market is expected to reach $146 billion. The compound annual growth rate (CAGR) of this market is 16.87% from 2017 to 2023. The main reason for this is the increasing demand for advanced irrigation technology, mainly driven by the need for water conservation in agriculture and gardening. Water is becoming a serious problem for all countries, and automatic irrigation systems can save water, save labor costs, and increase crop yields, which are very attractive to farmers and agricultural companies. There are many other factors driving this growth, such as the integration of the Internet of Things and artificial intelligence, which enables real-time monitoring and data-driven decision-making. In addition, the development of smart sensors and automatic controllers has improved the efficiency and effectiveness of irrigation. The leading companies in the industry, such as Rain Bird, Hunter Industries and Netafim, have accelerated their strategic cooperation and product launches to increase market share. The industry's recent efforts to develop sustainable irrigation solutions highlight the industry's commitment to addressing the environment while meeting the world's growing food needs.

Regional Market Size

Regional Deep Dive

Despite the increasing importance of the field, the need for agro-industrial and technical progress has not been able to make up for the loss of agricultural products due to the lack of irrigation. In North America, the market is characterized by a high rate of adoption of smart irrigation systems, while in Europe, the emphasis is on compliance with regulations and the need for sustainable development. In Asia-Pacific, rapid urbanization and the development of agriculture have increased the demand for automation. In the Middle East and Africa, water scarcity has led to the development of new irrigation systems. In Latin America, the agricultural potential is based on the use of automation for the improvement of productivity and resource management.

Europe

• The European Union's Green Deal has set ambitious targets for sustainable agriculture, prompting investments in automated irrigation systems that comply with environmental regulations.
• Innovations in sensor technology and data analytics are being spearheaded by companies like Netafim and Valmont Industries, enhancing the efficiency of irrigation practices across the region.

Asia Pacific

• Countries like India and China are implementing government programs that promote the use of automated irrigation systems to combat water scarcity and improve crop yields.
• The rise of smart farming initiatives, supported by tech companies such as Xiaomi and Huawei, is driving the adoption of automated irrigation solutions in the region.

Latin America

• Brazil's agricultural sector is increasingly adopting automated irrigation systems, supported by government incentives aimed at enhancing food production and sustainability.
• The emergence of local startups focusing on precision agriculture is driving innovation in automated irrigation solutions tailored to the unique needs of Latin American farmers.

North America

• The adoption of precision agriculture technologies is on the rise, with companies like Rain Bird and Hunter Industries leading the way in developing advanced automated irrigation systems that integrate with IoT devices.
• Recent regulatory changes in California, aimed at reducing water usage in agriculture, have spurred farmers to invest in automated irrigation solutions that optimize water efficiency.

Middle East And Africa

• The UAE's National Food Security Strategy is encouraging the adoption of advanced irrigation technologies to maximize agricultural output in arid regions.
• Innovative projects like the 'Smart Irrigation System' in Israel are showcasing how technology can address water scarcity challenges in the Middle East.

Did You Know?

“Approximately 70% of the world's freshwater is used for agriculture, making efficient irrigation systems crucial for sustainable water management.” — Food and Agriculture Organization (FAO)

Segmental Market Size

Agricultural productivity has increased, and the need for more efficient water management has been a driving force for the market for automatic irrigation. In addition, the growing population of the world, which requires greater food production, and the water conservation regulations, are two main growth factors. Furthermore, technological developments, such as the integration of the Internet of Things and artificial intelligence, which allow for precise irrigation control and data analysis, are expected to further increase the demand for automatic irrigation. In general, the market for automatic irrigation is currently at a stage of expansion, with leaders such as Rain Bird and Hunter Industries implementing advanced systems in North America and Europe. The main applications are in agriculture, golf courses and gardens. The automatic irrigation systems allow for water conservation and the improvement of crop yields. Also, macro-economic trends, such as sustainable development and climate change awareness, are pushing the growth of the market, encouraging governments to support smart irrigation practices. The evolution of the market is being driven by technological developments, such as soil moisture sensors and weather-based controllers, which make irrigation more efficient and environmentally friendly.

Future Outlook

The market for automatic irrigation is projected to increase from $ 4.2 billion in 2022 to $14.6 billion in 2030, at a CAGR of 16.87%. The main reason for this growth is the increasing adoption of precision agriculture, which aims to optimize the use of water and other resources. The use of automatic irrigation systems is expected to reach 30% of the agricultural sector by 2030, compared to an estimated 10% in 2022. This development is facilitated by the Internet of Things, which allows real-time monitoring and data-driven decision-making by farmers. Artificial intelligence and machine learning are the main technological drivers. They help to improve the efficiency of the system by predicting the weather and distributing water more accurately. Also, the implementation of government policies aimed at promoting sustainable agriculture will encourage the growth of the market. Also, the increasing use of solar-powered irrigation systems and the development of smart farming solutions will be a major factor in the development of the market. Automatic irrigation systems are increasingly recognized for their economic and environmental benefits, and are establishing themselves as a key component of modern agricultural practices.