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Irrigation Automation Market Size Worth US$ 9.63 Billion By 2027 | CAGR 19.2%: The Insight Partners

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Irrigation Automation Market Size Worth US$ 9.63 Billion By 2027 | CAGR 19.2%: The Insight Partners

December 14
22:35 2021
Irrigation Automation Market Size Worth US$ 9.63 Billion By 2027 | CAGR 19.2%: The Insight Partners
The Insight Partners
Increasing use of smart sprinklers is offering prosperous growth opportunities to irrigation automation market players

According to our latest market study on “Irrigation Automation Market Forecast to 2027 –COVID-19 Impact and Global Analysis – by Automation Type (Time-Based Systems, Volume-Based Systems, Real-Time Feedback Systems, Computer-Based Irrigation Control Systems); Irrigation Type (Drip Irrigation, Sprinkler Irrigation, Surface Irrigation); Component (Controllers, Sensors, Valves, Sprinklers, Others); System (Automatic, Semiautomatic); and End-user (Agricultural, Non-Agricultural), and Geography,” the market was valued at US$ 2.47billion in 2019 and is projected to reach US$ 9.63 billion by 2027; it is expected to grow at a CAGR of 19.2% from 2020 to 2027.

Strategic Insights        

Report Coverage

Details

Market Size Value in

 US$ 2.47 Billion in 2019

Market Size Value by

 US$ 9.63 Billion by 2027

Growth rate

 CAGR of 19.2% from 2020-2027

Forecast Period

 2020-2027

Base Year

 2020

No. of Pages

 224

No. Tables

 137

No. of Charts & Figures

 101

Historical data available

 Yes

Segments covered

 Automation Type; Irrigation Type; Component; System; End-user , and Geography

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

 US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

Report coverage

 Revenue forecast, company ranking, competitive landscape, growth factors, and trends

 

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Automated irrigation systems work with minimal manual intervention. Various types of irrigation, such as drip, sprinkler, and surface irrigation, are being converted into automated systems with the help of sensors, timers, and mechanical appliances. The automation of existing irrigation process makes the entire agricultural activities more efficient as well as supports the farmers and growers to conserve water and energy. To alter the frequency of irrigation and fertigation processes, power on/off of irrigation process is required, which results in optimizing energy requirements, and the system can be operated anytime resulting in minimal water loss are some of the benefits of advanced irrigation systems which makes them adaptable among the farmers. The irrigation systems are automated into time-based systems, volume-based systems, open-loop systems, closed-loop systems, real-time feedback systems, and computer-based irrigation control systems that make agricultural activities more efficient.

Several governments worldwide are supporting the installation of irrigation automation systems owing to the rising issue of scarcity of water. For instance, the Australian government has initiated several R&D projects to enhance water usage efficiency. Moreover, the government has introduced the On-farm Irrigation Efficiency Program to support individual irrigators to enhance their irrigation infrastructure or change irrigation practices to save water. Some of the practices include installation of automatic gates or outlets and water metering, as well as the use of telemetry systems. Recently, the Australian government offered weather smart irrigation rebate for Perth residential customers. The rebate offered was up to ~ US$ 142, and it was primarily meant for the purchase and programming of entitled weather smart irrigation products.

Impact of COVID-19 Pandemic on Irrigation Automation Market

The COVID-19 crisis is affecting the industries worldwide and the global economy is on the verge of taking the worst hit in 2020, and the impact is likely to persist in 2021 as well. The outbreak has created significant disruptions in primary industries, such as manufacturing, construction and infrastructure, energy & power, electronics & semiconductors, and automotive, among others. This has also affected the irrigation industry as the spread of virus continues to leave far-reaching impacts on the water–energy ecosystem. Moreover, fiscal constraints, lacking labor availability, and supply chain interruptions caused by travel bans are among other factors adversely limiting the water irrigation business. 

Download the Latest COVID-19 Analysis on Irrigation Automation Market Growth Research Report at https://www.theinsightpartners.com/covid-analysis-sample/TIPRE00011988

Increasing use of smart sprinklers is offering prosperous growth opportunities to irrigation automation market players

A few smart sprinkler controllers are capable of being integrated with weather intelligent systems, which respond accurately to the real-time climate conditions and are supported by smartphones, providing ease of control to the user. Also, smart sprinkler irrigation has recognized to be one of the most efficient means of protecting a range of crops against frost damage. Water is released at a suitable rate; the temperature of the plant remains at or close to 0°C. Frost damage can result in severe crop losses for vegetables, fruits, and nursery crops. Severe damage generally happens when the frost comes after buds and blossoms began to open. With the significant benefits delivered by the smart sprinklers, its demand is expected to flourish in the near future, which, in turn, is expected to offer lucrative opportunities to the irrigation automation market.

Irrigation Automation Market: Automation Type

In terms of automation type, time-based systems captured the largest share of the global irrigation automation market in 2019. The dominance is attributed to the rising need for continuous monitoring of crops at various irrigation stages. The time-based system is essential to maintain the efficiency of harvest, which is increasing the demand for these products and services.

Irrigation Automation Market: Competitive Landscape and Key Developments

Jain Irrigation Systems Ltd.; Lindsay Corporation; Nelson Irrigation Corporation; Rubicon Water; The Toro Company; Valmont Industries, Inc.; Galcon; Hunter Industries; Irritec S.P.A; and WaterBit, Inc are among the key players in the global Irrigation Automation market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.

Order a Copy of Irrigation Automation Market Shares, Strategies and Forecasts 2020-2027 Research Report at https://www.theinsightpartners.com/buy/TIPRE00011988/

2020: Lindsay Corporation announced the acquisition of Net Irrigate, LLC, a US-based agriculture IoT technology company involved in offering remote monitoring solutions to irrigation customers. Net Irrigate’s solutions were added to Lindsay’s FieldNET brand of remote irrigation monitoring and control solutions.

2020: Valmont Industries, Inc. entered into a definitive agreement for the acquisition of the remaining 49% stake in AgSense. The acquisition is anticipated to close by the end of January 2020. Valmont already had a 51% stake of AgSense acquired in August 2014.

Browse Related Reports and get Sample copy

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More Research:  https://voxbikol.com/author/theinsightpartners/

Media Contact
Company Name: The Insight Partners
Contact Person: Sameer Joshi
Email: Send Email
Phone: +1-646-491-9876
City: Pune
State: Maharashtra
Country: India
Website: https://www.theinsightpartners.com/reports/pr/irrigation-automation-market

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