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    Smart Irrigation Market

    ID: MRFR/SEM/1889-CR
    174 Pages
    Ankit Gupta
    September 2024

    Smart Irrigation Market Research Report By Component (Controllers, Sensors, Water Flow Meters, Others), By System Type (Weather Based Controller Systems and Sensor Based Controller Systems), By Application (Agricultural {Green house, Open Field}, Non-Agricultural {Residential, Turf and Landscape, Golf Courses, Others}), By Region (North America, Asia Pacific, Europe, Rest of the World)) – Industry Forecast Till 2035

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    Smart Irrigation Market Summary

    As per Market Research Future Analysis, the Global Smart Irrigation Market was valued at USD 1,492.8 Million in 2023 and is projected to reach USD 4,984.2 Million by 2032, growing at a CAGR of 14.3% from 2024 to 2032. The market is driven by the adoption of IoT-based systems and government policies promoting water conservation. Smart irrigation systems enhance efficiency by automating irrigation through controllers, sensors, and meters, allowing real-time monitoring and data-driven decision-making for farmers. The North American region holds the largest market share, supported by technological advancements and sustainable agricultural practices.

    Key Market Trends & Highlights

    The Smart Irrigation Market is witnessing significant growth due to technological advancements and increased demand for efficient water management.

    • Market Size in 2023: USD 1,492.8 Million
    • Projected Market Size by 2032: USD 4,984.2 Million
    • CAGR from 2024 to 2032: 14.3%
    • Largest Market Share in 2023: North America

    Market Size & Forecast

    2023 Market Size USD 1,492.8 Million
    2024 Market Size USD 1,733.1 Million
    2032 Market Size USD 4,984.2 Million

    Major Players

    The Toro Company, Netafim, Hunter Industries, Rain Bird Corporation, HydroPoint, Rachio, Banyan Water, RainMachine - Green Electronics LLC, ET Water (Jain Irrigation, Inc.), Galcon, Weathermatic, Skydrop, Delta-T Devices, The Scotts Miracle-Gro

    Smart Irrigation Market Drivers

    Increasing Water Scarcity

    The Global Smart Irrigation Market Industry is experiencing a surge in demand due to increasing water scarcity across various regions. As populations grow and agricultural demands rise, traditional irrigation methods are proving insufficient. Smart irrigation technologies, which utilize sensors and data analytics, enable more efficient water usage, thereby addressing these challenges. For instance, regions like California have adopted smart irrigation systems to combat drought conditions. This trend is expected to drive the market, with projections indicating a market size of 1.73 USD Billion in 2024 and a substantial increase to 7.44 USD Billion by 2035.

    Market Growth Projections

    The Global Smart Irrigation Market Industry is poised for substantial growth, with projections indicating a market size of 1.73 USD Billion in 2024 and an impressive rise to 7.44 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate of 14.17% from 2025 to 2035, reflecting the increasing adoption of smart irrigation technologies across various sectors. The market is likely to be driven by factors such as technological advancements, government initiatives, and rising awareness of sustainable practices. These elements collectively contribute to a robust outlook for the industry, indicating a promising future for smart irrigation solutions.

    Technological Advancements

    Technological advancements play a pivotal role in the expansion of the Global Smart Irrigation Market Industry. Innovations such as IoT, machine learning, and AI are being integrated into irrigation systems, allowing for real-time monitoring and automated adjustments based on environmental conditions. These technologies not only enhance efficiency but also reduce labor costs. For example, systems that automatically adjust watering schedules based on weather forecasts can significantly minimize water waste. The anticipated compound annual growth rate of 14.17% from 2025 to 2035 underscores the potential for these advancements to reshape the market landscape.

    Government Initiatives and Regulations

    Government initiatives and regulations aimed at promoting sustainable agricultural practices are driving the Global Smart Irrigation Market Industry. Many countries are implementing policies that encourage the adoption of water-efficient technologies. For instance, the U.S. Department of Agriculture has launched programs to support farmers in transitioning to smart irrigation systems. These initiatives not only help conserve water but also enhance crop yields. As governments worldwide recognize the importance of sustainable practices, the market is likely to benefit from increased funding and support, further propelling its growth in the coming years.

    Global Population Growth and Food Demand

    The Global Smart Irrigation Market Industry is significantly influenced by the rapid growth of the global population and the corresponding increase in food demand. As the population is projected to reach approximately 9.7 billion by 2050, the pressure on agricultural systems to produce more food intensifies. Smart irrigation systems offer a viable solution by optimizing water usage and enhancing crop productivity. Regions with high agricultural output, such as Asia and North America, are increasingly adopting these technologies to meet food security challenges. This trend is likely to sustain market growth, reflecting the urgent need for efficient irrigation solutions.

    Rising Awareness of Sustainable Practices

    There is a growing awareness of sustainable agricultural practices among farmers and consumers, which is positively influencing the Global Smart Irrigation Market Industry. As environmental concerns become more pronounced, stakeholders are increasingly seeking solutions that promote water conservation and reduce environmental impact. This shift in mindset is leading to a higher adoption rate of smart irrigation technologies. For example, educational programs and workshops are being organized to inform farmers about the benefits of these systems. This heightened awareness is expected to contribute to the market's growth trajectory, aligning with the projected increase in market size.

    Market Segment Insights

    Global Smart Irrigation by Component Insights

    The Smart Irrigations market, in this report, has been segmented based on Component Type into controllers, sensors, water flow meters, and others. Controllers Segment held the largest market share of 40.8 % among all. Smart irrigation controllers automatically tailor watering schedules and run times to match individual landscape needs. These controllers are a tried-and-true method of increasing outdoor water efficiency. Smart irrigation controllers monitor the weather, soil conditions, evaporation, and plant water use to automatically modify the watering schedule to the actual conditions of the site, unlike standard irrigation controllers that function on a preset programmed schedule and timers.

    Soil moisture, rain, wind, or frost sensor is added to an existing autonomous irrigation system to improve efficiency. The sensor checks the soil moisture content in the root zone and bypasses the cycle if the soil moisture is above a certain threshold. Further there are soil moisture sensors and Rain and freeze sensors. When water is flowing, flow meters detect it and provide signals to indicating devices. It can utilize this data to detect unplanned low- and high-flow episodes.

    Many water flow meters with indication devices can also be used to determine the flow rate and volume of water delivered to an irrigation system. Other components used in the system are gateways, routers, wireless communication equipment, antennas, software, and other intelligent irrigation accessories.

    Global Smart Irrigation System Type Insights

    Based on the System Type, the Global Smart Irrigations market, in this report, has been segmented into weather-based controller systems and sensor-based controller systems. The weather-based controller systems accounted for the highest market share in 2023. Climate-based controllers, also known as evapotranspiration (ET) controllers, employ local meteorological data to change irrigation schedules. Climate-based controllers use local weather information to modify irrigation run-time, ensuring the landscape receives adequate water.

    Furthermore, there are Signal-based Controllers, Historic ET Controllers and On-site Weather Measurement Controllers. The second type of smart irrigation controllers are soil moisture sensor controllers. Soil moisture sensor controllers use a sensor implanted in the root zone of lawns to assess water needs, rather than relying on meteorological data. The soil moisture sensor calculates soil volumetric water content.

    Global Smart Irrigation Application Insights

    Based on Application, The Global Smart Irrigations market, in this report, has been segmented into Agricultural and Non agricultural. Non agricultural accounted for the highest market share in 2023. Non agricultural further is segmented into residential, turf and landscape, golf courses, and others. A smart irrigation system allows residential users to set a timer that turns lawn sprinklers on and off automatically. Smart Irrigation systems help turf owners schedule the watering and soil moisture content check to keep the ground in check for the players to play and save the water from getting wasted.

    Golf course associations use smart irrigation systems to adjust water levels. Other applications of smart irrigation systems include monitoring and irrigating pastureland, school or university campuses, industrial structures, sports grounds, and forestry to ensure that water use is kept at an ideal level. The Agricultural segment is further bifurcated into greenhouse and open fields. In Green house, this irrigation system delivers optimal water and nutrient levels directly to the root zone while minimizing wastage and evaporation.

    In Open field, Real-time monitoring of soil and atmospheric temperature, moisture, humidity, and nutrient information can help farmers make better decisions and increase crop yields

    Get more detailed insights about Smart Irrigation Market Research Report—Global Forecast till 2032

    Regional Insights

    The study focuses on North America, Europe, Asia, the Middle East and Africa markets . In 2023, North America had the biggest market share. The smart irrigation market in North America has experienced significant growth driven by government initiatives, technological advancement and the need for sustainable agricultural practices. Water consumption for agricultural applications had been an area of great concern; with the increasing pressure from population development and climatic variations on water resources. Smart irrigation in Europe has been gaining traction due to the increasing need for efficient water management in agriculture.

    Farmers have been able to manage their water quantity better, save money and improve their yields because of sophisticated technologies like sensors, weather predictions, and data analysis. Various factors are responsible for this phenomenon including governmental policies and interventions; advancements in technology; as well as need accommodations towards sustainable farming practices. The growing demand for effective irrigation systems in the Asia-Pacific region is driven by rapid urbanization and high water scarcity. The use of smart irrigation to optimize water resources has become an essential operation in contemporary fine farming all over Asia-Pacific regions.

    Figure3: SMART IRRIGATION MARKET SIZE BY REGION 2023 &2032

    Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

    Key Players and Competitive Insights

    With a strong presence across different verticals and geographies, the Smart Irrigation Market is highly competitive and dominated by established, pure-play vendors. Over 14 vendors cater to this market, and they continually innovate their solutions to meet the evolving needs of businesses by adopting new technologies to make business more effective. These vendors have a robust geographic footprint and partner ecosystem to cater to diverse customer segments. The Smart Irrigation Market is highly competitive, with many vendors offering similar products and services.

    The major players in the market include The Toro Company, Netafim, Hunter Industries, Rain Bird Corporation, HydroPoint, Rachio, Banyan Water, RainMachine - Green Electronics LLC, ET Water (Jain Irrigation, Inc.), Galcon, Weathermatic, Skydrop, Delta-T Devices, The Scotts Miracle-Gro. The Smart Irrigation Market is a consolidated market due to increasing competition, acquisitions, mergers, and other strategic market developments and decisions to improve operational effectiveness.

    Key Companies in the Smart Irrigation Market market include

    Industry Developments

    • In June 2022, Banyan Water launched its mobile app, catering to landscapers and irrigation professionals. The app provides geolocation, detailed irrigation maps, and real-time control, allowing users to manage water flow, access historical data, and optimize irrigation for new plantings.
    • In January 2023, Denver startup Rachio introduced a smart timer for garden hoses, complementing its focus on efficient water use. The device connects to outdoor faucets, features Wi-Fi control via smartphones, and includes a patented flow meter, enhancing sustainability in lawn care.

    Future Outlook

    Smart Irrigation Market Future Outlook

    The Smart Irrigation Market is projected to grow at a 14.17% CAGR from 2024 to 2035, driven by technological advancements, water scarcity concerns, and increasing agricultural efficiency demands.

    New opportunities lie in:

    • Develop AI-driven analytics tools for precision irrigation management. Create subscription-based models for smart irrigation system maintenance. Expand partnerships with agricultural technology firms for integrated solutions.

    By 2035, the Smart Irrigation Market is expected to be a pivotal component of sustainable agriculture.

    Market Segmentation

    Global Smart Irrigation Regional Outlook

    • {"North America"=>["US"
    • "Canada"
    • "Mexico"]}
    • {"Europe"=>["Germany"
    • "UK"
    • "France"
    • "Italy"
    • "Rest of Europe"]}
    • {"Asia-Pacific"=>["China"
    • "Japan"
    • "South Korea"
    • "Rest of Asia Pacific"]}
    • {"Rest of the World"=>["Middle East & Africa"
    • "South and Central America"]}

    Global Smart Irrigation Component Outlook

    • Controllers
    • Sensors
    • Water Flow Meters
    • Others

    Global Smart Irrigation Application Outlook

    • {"Agricultural"=>["Greenhouse"
    • "Open Field"]}
    • {"Non Agricultural"=>["Residential"
    • "Turf and Landscape"
    • "Golf Courses"
    • "Others"]}

    Global Smart Irrigation System Type Outlook

    • Weather-Based Controller Systems
    • Sensor-Based Controller Systems

    Report Scope

    Attribute/MetricDetails
    Market Size 2023USD 1,492.8 Million
    Market Size 2024USD 1,733.1 Million
    Market Size 2032USD 4,984.2  Million
    Compound Annual Growth Rate (CAGR)14.3 % (2023-2032)
    Base Year2023
    Market Forecast Period2024-2032
    Historical Data2019- 2022
    Market Forecast UnitsValue (USD Million)
    Report CoverageRevenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments CoveredComponent, System Type, Application, and Region
    Geographies CoveredEurope, North America, Asia-Pacific, Rest of the World
    Countries CoveredThe U.S, Canada ,Mexico, Germany ,U.K., Italy, France, , Japan, China, South Korea
    Key Companies ProfiledThe Toro Company, Netafim, Hunter Industries, Rain Bird Corporation, HydroPoint, Rachio, Banyan Water, RainMachine - Green Electronics LLC, ET Water (Jain Irrigation, Inc.), Galcon, Weathermatic, Skydrop, Delta-T Devices, The Scotts Miracle-Gro.
    Key Market OpportunitiesContinuous advancements in communication technologies, Integration of smartphones with irrigation controllers and software applications
    Key Market DynamicsEmergence of IoT and convergence of multiple control functionalities, Increasing government initiatives to promote water conservation., Growing smart cities and the need for efficient irrigation systems

    Market Highlights

    Author
    Ankit Gupta
    Senior Research Analyst

    Ankit Gupta is an analyst in market research industry in ICT and SEMI industry. With post-graduation in "Telecom and Marketing Management" and graduation in "Electronics and Telecommunication" vertical he is well versed with recent development in ICT industry as a whole. Having worked on more than 150+ reports including consultation for fortune 500 companies such as Microsoft and Rio Tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.

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    FAQs

    How much is the Smart Irrigation Market?

    The Smart Irrigation Market size is expected to be valued at USD 1492.8 Million in 2023.

    What is the growth rate of the Smart Irrigation Market?

    The global market is projected to grow at a CAGR of 14.3% during the forecast period, 2024-2032.

    Which region held the largest market share in the Smart Irrigation Market?

    North America had the largest share of the global market.

    Who are the key players in the Smart Irrigation Market?

    The key players in the market are The Toro Company, Netafim, Hunter Industries, Rain Bird Corporation, HydroPoint, Rachio, Banyan Water, RainMachine - Green Electronics LLC, ET Water (Jain Irrigation, Inc.), Galcon, Weathermatic, Skydrop, Delta-T Devices, The Scotts Miracle-Gro.

    Which Component led the Smart Irrigation Market?

    Controllers’ category dominated the market in 2023.

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