At 18.9% CAGR, Smart Irrigation Market Size Poised to Touch USD 1,894.6 million by 2025
According to BlueWeave Consulting, the global Smart Irrigation market is anticipated to worth USD 1,894.6 million by 2025, with a CAGR of 18.9% during 2019-2025. The Global Smart Irrigation Market is expected to grow with a significant rate during the forecast period, owing to the emergence of IoT and convergence of multiple control functionalities.
Increasing the world population is resulting in a shortage of food & water, which has boosted the adoption of efficient replacement systems to preserve natural water reserves, including smart irrigation systems. Smart irrigation technology is highly profitable for farming operations. Factors such as increasing the use of upgraded technologies such as IoT devices and cloud computing in the agriculture field are driving the potential growth of the smart irrigation market. The Internet of Things (IoT) technology and solutions are widely to attain improved operational efficiency, maximized yield, and minimum wastage by using real-time field data collection and data analysis.
Get an Exclusive PDF Sample of this Research Report@
https://www.blueweaveconsulting.com/global-smart-irrigation-market-bwc19152/report-sample
Key players in the global smart irrigation market include The Toro Company, Netafim, Hunter Industries, Rain Bird Corporation, HydroPoint, Rachio, Banyan Water, Rain Machine, ET Water, Galcon, Weathermatic, Blossom, Skydrop, Delta-T Devices, Calsense, AquaSpy, Soil Scout, Caipos, Acclima, and Rain Machine. Acquisitions, mergers, and new product developments are key strategies used by key participants to improve their competitiveness and to cater to customer bases in the global market.
Smart irrigation controller systems will remain predominantly high in the expansion of the market over the forecast period. It is owing to the increasing adoption of controller devices for automatic irrigation scheduling in applications such as agriculture, lawns and gardens in residential and commercial property, and landscaping. It uses weather and sensor data to adjust irrigation schedules to any environmental changes automatically. Moreover, the effectiveness of smart irrigation solutions continues to remain relies on the efficiency of controller systems. However, the smart irrigation controller systems, soil moisture sensors, and water management platform are also expected to hold leading component-type. In addition, it has additional features, such as inbuilt programs to maintain watering frequencies for different types of plants, rain delay settings, and remote operation and input terminals for sensors such as rain/freeze and soil moisture.
Ask for Enquire Before Purchase of this Research Report@
https://www.blueweaveconsulting.com/global-smart-irrigation-market-bwc19152/enquire-before-purchase
North America is expected to hold the largest share of the smart irrigation market during the forecast period 2019-2025. Developing countries such as the US and Canada in the Americas are the early adopters of smart irrigation technologies, and so is the factor of the high market share of this region in the smart irrigation market. The region has the highest number of smart irrigation systems installed at farms, residential landscapes, and golf courses. However, the Asia-Pacific region is expected to register the fastest growth over the forecast period. While nascent integration of technologies in farming practice will act as an impediment, but progressive economies such as India, South Korea, and China are showcasing great leaps towards the steadfast adoption of smart irrigation. The APAC region is growing as the leading players in the global smart irrigation market are focussing on tapping the demands of this region.
About BlueWeave Consulting & Research Pvt Ltd. (BWC) BlueWeave Consulting is a one-stop solution for market intelligence regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients.
Contact Us:
[email protected]
https://www.blueweaveconsulting.com