Report Overview

Global Smart Irrigation Market: Overview

Global Smart Irrigation market is anticipated to worth USD 1,894.6 million by 2025, with a CAGR of 18.9% during 2019-2025. Global Smart Irrigation Market is likely to have significant growth in coming period due to the proliferation of IoT-based architecture in irrigation system and also helps in reducing the irrigation cost with optimum utilization of resources. The steady growth of the market can be attributed to various factors, such as the increasing adoption of smart irrigation devices, and sensing and monitoring devices. Smart irrigation system is an automated system which automatically adjusts the watering schedule based on various real-time parameters including water content of the plant, wind speed, wind direction and local weather data. Numerous advantages sustain by smart irrigation technique includes environmental sustainability, reduced labor cost, and less water usage. The increasing importance for effective irrigation solutions & watering practices have also stimulated the growth of the market in coming period.

Moreover, increasing world population leads to the shortage of food & water; this has become a major issue across the world which has boosted the adoption of efficient replacement systems to preserve natural water reserves that can be highly profitable for farming operations. The product development in the global smart irrigation market are transforming the irrigation practices, and thereby boosting the agricultural produce to a considerable extent. Furthermore, government initiatives to promote water conservation and use of smart irrigation system in agriculture sector are fueling growth of the smart irrigation market. In addition, smart irrigation controller has built-in water saving features with a sensor which can adjust to the optimal sprinkler run time based on the local weather conditions is an another factor driving the growth of emerging market. In addition, growth of smart cities and need for efficient irrigation systems is fueling the adoption of smart irrigation controller over the forecast period.

Global Smart Irrigation Market System Type Analysis

Global smart irrigation market has been segmented based on system type as weather based and sensor based. The weather-based system is expected to hold the maximum market size in terms of value during the forecast period. Dominance is attributed to the increasing focus on farm efficiency and productivity. Also, weather-based systems have become quite popular among population such as homeowners, commercial building contractors, and landscaping. However, soil sensor-based smart irrigation controllers are growing exponentially during the recent years owing to their increasing adoption in the agriculture segment owing to the capability of reading precise data from various sensors, such as soil moisture, rain, temperature, and humidity, installed on the field.

Global Smart Irrigation Market Application Analysis

Global smart irrigation market has been segmented based on the application as agriculture and non-agriculture. The nonagricultural application is projected to hold the maximum market size in terms of value over the coming period. The major factor for the larger market size of the nonagricultural application segment is the growing importance of efficient watering practices and irrigation solutions for nonagricultural applications, such as residential, turf and landscape, and golf courses. Consequently, the acceptance of more efficient and convenient irrigation systems is expected to increase significantly over the coming years that in results into higher demand for smart irrigation systems.

Global Smart Irrigation Market Regional Analysis

Global smart irrigation market has been segmented based on region as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the global smart irrigation market as the region has witnessed increased adoption in various countries across the region. The factor has triggered the use of smart irrigation controllers in the region making it the most lucrative in the world. Also, the manufacturers of smart irrigation controllers are targeting North America for business expansion as the region showcases high attractiveness and growth potential over the coming period. Moreover, the United States is the key contributor to the growth followed by Canada that accounts for a major share in the North America smart irrigation controllers market. However, Europe and China also have contributed substantially to the growth of the overall market as the adoption of smart irrigation in these regions is increasing at a high pace making it a potential revenue source for existing players involved in global smart irrigation market.

Global Smart Irrigation Market Competitive Landscape

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 customer bases in the global market.

Objective of the Study:

·         To analyze and forecast market size of the global smart irrigation market, in terms of useful value

·         To examine the careful market segmentation and forecast the market size, in terms of value, on the premise of the region by segmenting global smart irrigation market into 5 regions, namely, North America, Europe, Asia Pacific, Middle East and Africa.

·         To outline, categorized and forecast the global smart irrigation market on the premise of system type, component and application.

·         To examine competitive developments like expansions, technological advancement, services, and regulative framework within the global smart irrigation market.

·         To identify the drivers and challenges for global smart irrigation market.

·         To spot the profile of leading players, that area unit concerned within the producing and provide off global smart irrigation market.

Key Target Audience:

·         Market research and consulting firms

·         Industry associations

·         Raw material suppliers

·         Global smart irrigation manufacturers

·         Research organizations and consulting companies

·         Global smart irrigation market suppliers

·         Organizations, associations, and alliances related to global smart irrigation

·         Regulatory bodies

Scope of the Report 

 By System Type

·         Weather Based

·         Sensor Based

By Component

·         Controllers

·         Sensors

·         Water Flow Meter

·         Others

By Application

·         Agricultural

·         Greenhouse

·         Open Field

·         Nonagricultural

·         Residential

·         Turf and Landscape

·         Golf Courses

·         Others

In addition, the report provides analysis of the smart irrigation market with respect to the following geographic segments:

·         North America

·         Europe

·         Asia Pacific (APAC)

·         LATAM

·         MEA

Business Questions answer by the report

·         How will the market drivers, restraints and opportunities affect the market dynamics?

·         What will be the market size in terms of value and volume and market statistics with detailed classification

·         Which segment dominates the market or region and one will be the fastest growing and why?

·         A comprehensive survey of the competitive landscape and the market participant players

·         Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With five additional company detail analysis.

·         Additional country analysis.

·         Detailed segment analysis.

1.    Research Framework

1.1.  Research Objective

1.2.  Product Overview

1.3.  Market Segmentation

2.    Research Methodology

2.1.  Qualitative Research

2.1.1.    Primary & Secondary Sources

2.2.  Quantitative Research

2.2.1.    Primary & Secondary Sources

2.3.  Breakdown of Primary Research Respondents, By Region

2.3.1.    Secondary Research

2.3.2.    Primary Research

2.4.  Breakdown of Primary Research Respondents, By Industry Participants

2.5.  Market Size Estimation

2.6.  Assumption for the Study

2.7.  Market Breakdown & Data Triangulation

3.    Executive Summary

4.    Industry Insights

4.1.  Industry Value Chain Analysis

4.1.1.    Vendor Matrix

4.2.  Raw Material Analysis

4.3.  Industry Impact and Forces

4.3.1.    Growth Drivers

4.3.2.    Challenges

4.4.  Technological Landscape

4.5.  Company market share analysis,2018

4.6.  Growth Potential analysis,2018

4.7.  Porter’s Five forces analysis

4.7.1.    Bargaining Power of Suppliers

4.7.2.    Bargaining Power of Buyers

4.7.3.    Threat of New Entrants

4.7.4.    Threat of Substitutes

4.7.5.    Intensity of Rivalry

4.8.  PESTEL Analysis

4.9.  Strategic Outlook

5.    Global Smart Irrigation Market Overview

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By System Type

5.2.2.    By Components

5.2.3.    By Application

5.2.4.    By Region

6.    Global Smart Irrigation Market, By System Type

6.1.  Key System Type Trends

6.2.  Weather Based

6.2.1.    Market estimates & forecast, 2015-2025

6.3.  Sensor Based

6.3.1.    Market estimates & forecast, 2015-2025

7.    Global Smart Irrigation Market, By Components

7.1.  Key Components Trends

7.2.  Controllers

7.2.1.    Market estimates & forecast, 2015-2025

7.3.  Sensors

7.3.1.    Market estimates & forecast, 2015-2025

7.4.  Water Flow Meters

7.4.1.    Market estimates & forecast, 2015-2025

7.5.  Others

7.5.1.    Market estimates & forecast, 2015-2025

8.    Global Smart Irrigation Market, By Application

8.1.  Key Application Trends

8.2.  Agriculture

8.2.1.    Market estimates & forecast, 2015-2025

8.3.  Non-Agriculture

8.3.1.    Market estimates & forecast, 2015-2025

9.    Global Smart Irrigation Market, By Region

9.1.  Key Regional Trends

9.2.  North America

9.2.1.    Market estimates & forecast, 2015-2025

9.2.2.    Market estimates & forecast, By System Type, 2015-2025

9.2.3.    Market estimates & forecast, By Components, 2015-2025

9.2.4.    Market estimates & forecast, By Applications, 2015-2025

9.2.5.    Market estimates & forecast, By Country, 2015-2025

9.3.  Europe

9.3.1.    Market estimates & forecast, 2015-2025

9.3.2.    Market estimates & forecast, By System Type, 2015-2025

9.3.3.    Market estimates & forecast, By Components, 2015-2025

9.3.4.    Market estimates & forecast, By Applications, 2015-2025

9.3.5.    Market estimates & forecast, By Country, 2015-2025

9.4.  Asia Pacific

9.4.1.    Market estimates & forecast, 2015-2025

9.4.2.    Market estimates & forecast, By System Type, 2015-2025

9.4.3.    Market estimates & forecast, By Components, 2015-2025

9.4.4.    Market estimates & forecast, By Applications, 2015-2025

9.4.5.    Market estimates & forecast, By Country, 2015-2025

9.5.  Latin America

9.5.1.    Market estimates & forecast, 2015-2025

9.5.2.    Market estimates & forecast, By System Type, 2015-2025

9.5.3.    Market estimates & forecast, By Components, 2015-2025

9.5.4.    Market estimates & forecast, By Applications, 2015-2025

9.5.5.    Market estimates & forecast, By Country, 2015-2025

9.6.  Middle East & Africa

9.6.1.    Market estimates & forecast, 2015-2025

9.6.2.    Market estimates & forecast, By System Type, 2015-2025

9.6.3.    Market estimates & forecast, By Components, 2015-2025

9.6.4.    Market estimates & forecast, By Applications, 2015-2025

9.6.5.    Market estimates & forecast, By Country, 2015-2025

10.  Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, SWOT Analysis and Strategic Outlook)

      10.1 Rain Bird Corporation

      10.2 Netafim Ltd.

      10.3 HydroPoint Data Systems, Inc.

      10.4 Rachio Inc.

      10.5 The Toro Company

      10.6 Galcon Ltd.

     10.7 Hunter Industries Inc.

      10.8 Telsco Industries Inc.

      10.9 Orbit Irrigation Products Inc.

      10.10 Valmont Industries, Inc.

      10.11 Blossom

      10.12 Weathermatic

      10.13 Skydrop