Bangalore, India, September 2, 2021 (PRNewswire) – The Modern Irrigation Market By type (climate-based and sensor-based) component (controllers, sensors, meters, etc.), and final use (agriculture, golf course, housing, etc.) – Global Opportunity Analysis and Industrial Forecast, 2021–2030. Published in Evaluates reports Under Power and utilities Category.
The size of the global modern irrigation market is estimated in cash $ 1.44 billion By 2020, and is scheduled to arrive $ 5.57 billion A.D. CAGR is growing at a rate of 13.9% between 2021 and 2030.
The main factors that stimulate the growth of the modern irrigation market:
Due to the advanced features of irrigation systems, the increase in government initiatives and policies to improve water conservation and agriculture, and the penetration of automated monitoring systems into the agricultural sector are driving the growth of modern irrigation systems.
Acceptance of state-of-the-art technologies and modern infrastructure, as well as increased demand for 5G network for remote monitoring, is planned to provide promising prospects for the expansion of the global modern irrigation market.
Increasing awareness of the need for modern irrigation, as well as increasing demand for water conservation, are driving the global modern irrigation market.
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Influence of trends SMART IRRIGATION MARKET
Increased demand for irrigation in agriculture, golf courses, residential areas and other businesses is expected to stimulate modern irrigation market growth. Modern irrigation systems that use IoT technology to automatically irrigate water and monitor ground conditions, based on soil moisture, provide water level monitoring.
Modern cities are becoming increasingly popular in many parts of the world. These smart cities use modern systems in business and residential areas. Adoption of modern irrigation controllers is expected to increase in modern cities. As a result, the emergence of smart cities is likely to create opportunities for modern irrigation market players.
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SMART IRRIGATION Market Sharing Analysis
Type-based, sensor-based segment growth will increase by a CAGR of 14.9% by 2021-2030. Depending on the application, it will take the lead throughout the evaluation period in the agricultural department. Body-based, sensory component is considered to be one of the most profitable components. Depending on the region, Asia-Pacific It shows a maximum CAGR of 17.3% during 2020-2030.
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SMART IRRIGATION MARKET SEGMENTATION
- Sensor based.
In body part
- Golf Course
- Rain Bird Corporation,
- Toro Company,
- Hunter Industries,
- IT Water Systems, Inc.
- Hydroponton data systems,
- Racio Inc. ,
- Stevens Water Control System,
- Orbital Irrigation Products Inc.
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In the region
- North America
- The rest Europe
- The rest Asia-Pacific
- Latin America
- Middle East
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– Market for climate-based irrigation controllers It is divided into type smart controllers, timers, basic controllers, application field, sports course, residential and various regions.
– Market for modern irrigation controllers It was size $ 391.4 million And is expected to arrive $ 947.7 million By the end of 2027, with a CAGR of 13.5% during 2021-2027.
– Modern Irrigation Software Market Cloud-based, web-based, divided into application farms and farms, agricultural cooperatives and various regions.
– Smart Irrigation Spray Controllers Market It is subdivided into weather-based monitors, sensor-based monitors, application farms, greenhouses, gardens, sports fields, lawns and landscapes, golf courses, and a variety of regions.
– Non-agricultural smart irrigation control It was the size of the market $ 212 million And is expected to arrive $ 532 million By the end of 2027, with a CAGR of 14.0% during 2021-2027.
– Smart Spray Irrigation Systems Market The size is expected to reach $ 600.1 million In 2027, from $ 253.5 million At a CAGR of 13.1% in 2020, 2022-2027.
– Agricultural Machinery Market The size is expected to reach $ 213610 million In 2026, from $ 152660 million At a CAGR of 4.9% in 2019, 2021-2026.
– Digital Farm Market The size is expected to reach 9655.7 million In 2027, from $ 3437.2 million At a CAGR of 15.9% in 2020, 2021-2027.
– Modern agricultural market Size estimated $ 16,746.7 million In 2019, and is expected to arrive $ 29,234.6 million A.D. A CAGR of 9.7% in 2027 from 2021 to 2027.
– Field Smart Irrigation Systems Market Open It is divided into type irrigation controller, flow meters, sensors, application greenhouse, lawn and landscape, golf courses and various regions.
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