PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1073898
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1073898
Global Smart Irrigation Market Size study, By Component, By System Type, By Application, and Regional Forecasts 2022-2028
Global Smart Irrigation Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028.
Smart irrigation systems are a combination of novel and innovative technologies that are used in precision agriculture. Smart irrigation uses sensors for historical or real-time data for analyzing the best watering routines and modifying watering schedules to boost competence. These sensors monitor soil conditions, weather, and plant water need to automatically regulate the watering schedule. The increasing number of government initiatives to promote water conservation, the growth of smart cities, and the need for efficient irrigation systems, coupled with the reducing prices of controllers and sensors used in smart irrigation systems are chief driving factors that are surging the global market demand. For instance, according to the AsianInvestor, in 2021, there are above 500 smart-city projects are ongoing around the world with the technology spending of over USD 100 billion every year. Also, the market opportunity for intelligent cities is anticipated to reach more than USD 3 trillion by 2025. Thereby, the rising number of smart city initiatives is propelling the demand for smart irrigation in agricultural activities, which, in turn, augments the market growth. However, high costs and limited technical knowledge and skills among farmers, and lack of standardization in industry impede the growth of the market over the forecast period of 2022-2028. Also, advancements in communication technologies and the advent of 5G network, and the integration of smartphones with wireless irrigation controllers are anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Smart Irrigation market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the region being the early adopter of novel technologies, and rising government initiatives to promote water conservation. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing investments in the ag-tech sector, the emergence of IoT, and convergence of multiple control functionalities, would create lucrative growth prospects for the Smart Irrigation market across the Asia-Pacific region.
Major market players included in this report are:
Rain Bird Corporation
The Toro Company
Hunter Industries Ltd.
HydroPoint
Manna Irrigation
Stevens Water Monitoring Systems, Inc.
Rachio, Inc.
Weathermatic
AquaSpy, Inc.
Rain Machine
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component
Controllers
(Evapotranspiration) ET-Based
Soil Sensor-Based
Sensors
Soil Moisture Sensors
Temperature Sensors
Rain/Freeze Sensors
Fertigation Sensors
Others
Water Flow Meters
Others
By System Type
Weather-based
Sensor-based
By Application
Agricultural
Greenhouses
Open-fields
Non-Agricultural
Residential
Turf & Landscape
Golf Courses
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Smart Irrigation Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Global Smart Irrigation Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Global Smart Irrigation Market, by Component, 2020-2028 (USD Billion)
- 1.2.3. Global Smart Irrigation Market, by System Type, 2020-2028 (USD Billion)
- 1.2.4. Global Smart Irrigation Market, by Application, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Smart Irrigation Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Smart Irrigation Market Dynamics
- 3.1. Smart Irrigation Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing number of government initiatives to promote water conservation
- 3.1.1.2. Growth of smart cities and need for efficient irrigation systems
- 3.1.2. Market Challenges
- 3.1.2.1. High costs and limited technical knowledge and skills among farmers
- 3.1.2.2. Lack of standardization in industry
- 3.1.3. Market Opportunities
- 3.1.3.1. Advancements in communication technologies and advent of 5G network
- 3.1.3.2. Integration of smartphones with wireless irrigation controllers
- 3.1.1. Market Drivers
Chapter 4. Global Smart Irrigation Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Smart Irrigation Market, by Component
- 6.1. Market Snapshot
- 6.2. Global Smart Irrigation Market by Component, Performance - Potential Analysis
- 6.3. Global Smart Irrigation Market Estimates & Forecasts by Component 2018-2028 (USD Billion)
- 6.4. Smart Irrigation Market, Sub Segment Analysis
- 6.4.1. Controllers
- 6.4.2. (Evapotranspiration) ET-Based
- 6.4.3. Soil Sensor-Based
- 6.4.4. Sensors
- 6.4.5. Soil Moisture Sensors
- 6.4.6. Temperature Sensors
- 6.4.7. Rain/Freeze Sensors
- 6.4.8. Fertigation Sensors
- 6.4.9. Others
- 6.4.10. Water Flow Meters
- 6.4.11. Others
Chapter 7. Global Smart Irrigation Market, by System Type
- 7.1. Market Snapshot
- 7.2. Global Smart Irrigation Market by System Type, Performance - Potential Analysis
- 7.3. Global Smart Irrigation Market Estimates & Forecasts by System Type 2018-2028 (USD Billion)
- 7.4. Smart Irrigation Market, Sub Segment Analysis
- 7.4.1. Weather-based
- 7.4.2. Sensor-based
Chapter 8. Global Smart Irrigation Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Smart Irrigation Market by Application, Performance - Potential Analysis
- 8.3. Global Smart Irrigation Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
- 8.4. Smart Irrigation Market, Sub Segment Analysis
- 8.4.1. Agricultural
- 8.4.2. Greenhouses
- 8.4.3. Open-fields
- 8.4.4. Non-Agricultural
- 8.4.5. Residential
- 8.4.6. Turf & Landscape
- 8.4.7. Golf Courses
- 8.4.8. Others
Chapter 9. Global Smart Irrigation Market, Regional Analysis
- 9.1. Smart Irrigation Market, Regional Market Snapshot
- 9.2. North America Smart Irrigation Market
- 9.2.1. U.S. Smart Irrigation Market
- 9.2.1.1. Component estimates & forecasts, 2018-2028
- 9.2.1.2. System Type estimates & forecasts, 2018-2028
- 9.2.1.3. Application estimates & forecasts, 2018-2028
- 9.2.2. Canada Smart Irrigation Market
- 9.2.1. U.S. Smart Irrigation Market
- 9.3. Europe Smart Irrigation Market Snapshot
- 9.3.1. U.K. Smart Irrigation Market
- 9.3.2. Germany Smart Irrigation Market
- 9.3.3. France Smart Irrigation Market
- 9.3.4. Spain Smart Irrigation Market
- 9.3.5. Italy Smart Irrigation Market
- 9.3.6. Rest of Europe Smart Irrigation Market
- 9.4. Asia-Pacific Smart Irrigation Market Snapshot
- 9.4.1. China Smart Irrigation Market
- 9.4.2. India Smart Irrigation Market
- 9.4.3. Japan Smart Irrigation Market
- 9.4.4. Australia Smart Irrigation Market
- 9.4.5. South Korea Smart Irrigation Market
- 9.4.6. Rest of Asia Pacific Smart Irrigation Market
- 9.5. Latin America Smart Irrigation Market Snapshot
- 9.5.1. Brazil Smart Irrigation Market
- 9.5.2. Mexico Smart Irrigation Market
- 9.6. Rest of The World Smart Irrigation Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Rain Bird Corporation
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. The Toro Company
- 10.2.3. Hunter Industries Ltd.
- 10.2.4. HydroPoint
- 10.2.5. Manna Irrigation
- 10.2.6. Stevens Water Monitoring Systems, Inc.
- 10.2.7. Rachio, Inc.
- 10.2.8. Weathermatic
- 10.2.9. AquaSpy, Inc.
- 10.2.10. Rain Machine
- 10.2.1. Rain Bird Corporation
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Smart Irrigation market, report scope
- TABLE 2. Global Smart Irrigation market estimates & forecasts by Region 2018-2028 (USD Billion)
- TABLE 3. Global Smart Irrigation market estimates & forecasts by Component 2018-2028 (USD Billion)
- TABLE 4. Global Smart Irrigation market estimates & forecasts by System Type 2018-2028 (USD Billion)
- TABLE 5. Global Smart Irrigation market estimates & forecasts by Application 2018-2028 (USD Billion)
- TABLE 6. Global Smart Irrigation market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 7. Global Smart Irrigation market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 8. Global Smart Irrigation market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 9. Global Smart Irrigation market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 10. Global Smart Irrigation market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 11. Global Smart Irrigation market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 12. Global Smart Irrigation market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 13. Global Smart Irrigation market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 14. Global Smart Irrigation market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 15. Global Smart Irrigation market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 16. U.S. Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 17. U.S. Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 18. U.S. Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 19. Canada Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 20. Canada Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 21. Canada Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 22. UK Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 23. UK Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 24. UK Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 25. Germany Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 26. Germany Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 27. Germany Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 28. RoE Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 29. RoE Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 30. RoE Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 31. China Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 32. China Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 33. China Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 34. India Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 35. India Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 36. India Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 37. Japan Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 38. Japan Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 39. Japan Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 40. RoAPAC Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 41. RoAPAC Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 42. RoAPAC Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 43. Brazil Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 44. Brazil Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 45. Brazil Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 46. Mexico Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 47. Mexico Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 48. Mexico Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 49. RoLA Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 50. RoLA Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 51. RoLA Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 52. Row Smart Irrigation market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 53. Row Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 54. Row Smart Irrigation market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 55. List of secondary sources, used in the study of global Smart Irrigation market
- TABLE 56. List of primary sources, used in the study of global Smart Irrigation market
- TABLE 57. Years considered for the study
- TABLE 58. Exchange rates considered
LIST OF FIGURES
List of figures
- FIG 1. Global Smart Irrigation market, research methodology
- FIG 2. Global Smart Irrigation market, market estimation techniques
- FIG 3. Global market size estimates & forecast methods
- FIG 4. Global Smart Irrigation market, key trends 2021
- FIG 5. Global Smart Irrigation market, growth prospects 2022-2028
- FIG 6. Global Smart Irrigation market, porters 5 force model
- FIG 7. Global Smart Irrigation market, pest analysis
- FIG 8. Global Smart Irrigation market, value chain analysis
- FIG 9. Global Smart Irrigation market by segment, 2018 & 2028 (USD Billion)
- FIG 10. Global Smart Irrigation market by segment, 2018 & 2028 (USD Billion)
- FIG 11. Global Smart Irrigation market by segment, 2018 & 2028 (USD Billion)
- FIG 12. Global Smart Irrigation market by segment, 2018 & 2028 (USD Billion)
- FIG 13. Global Smart Irrigation market by segment, 2018 & 2028 (USD Billion)
- FIG 14. Global Smart Irrigation market, regional snapshot 2018 & 2028
- FIG 15. North America Smart Irrigation market 2018 & 2028 (USD Billion)
- FIG 16. Europe Smart Irrigation market 2018 & 2028 (USD Billion)
- FIG 17. Asia pacific market 2018 & 2028 (USD Billion)
- FIG 18. Latin America Smart Irrigation market 2018 & 2028 (USD Billion)
- FIG 19. Global Smart Irrigation market, company market share analysis (2021)
