The current irrigation market size will reach $ 5.57 billion by 2030, according to reports

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

By type

  • Climate-based
  • Sensor based.

In body part

  • Supervisors
  • Sensors
  • Meters
  • Others.

Last use

  • Agriculture
  • Golf Course
  • Housing
  • Others.

Key companies

  • Rain Bird Corporation,
  • Toro Company,
  • Hunter Industries,
  • Account,
  • IT Water Systems, Inc.
  • Hydroponton data systems,
  • Weather,
  • Racio Inc. ,
  • Stevens Water Control System,
  • Orbital Irrigation Products Inc.

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In the region

  • North America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • The rest Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Singapore
    • The rest Asia-Pacific
  • Lamea
    • Latin America
    • Middle East
    • Africa.

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