Global Smart Irrigation Market Size and Forecast

  • Product Code:
    RP-ID-10060040
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    102
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-12

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2021 Base Year, 2022 Estimated year and Forecast till 2031 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2021 as base year, 2022 as estimated year and forecast to 2031. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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Global Smart Irrigation Market Analysis
According to Verified Market Research, The Global Smart Irrigation Market was valued at USD 686.2 million in 2017 and is projected to reach USD 2,077.8 million by 2025, growing at a CAGR of 15.41% from 2018 to 2025.

What is Smart Irrigation?
A smart irrigation systems monitor weather, soil conditions, plant water use, and weather. These systems have features such as the ability to automatically adjust watering schedules in order to ensure that watering occurs at the right time and at the right length of time. An important feature of smart irrigation is the controller. Smart irrigation systems use site data or weather in order to determine the timing and the length of time of watering. Smart irrigation has purposes in both agricultural as well as non-agricultural applications.

Global Smart Irrigation Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
There are several benefits to smart irrigation such as the saving of time as well as money and for the meeting of specific landscape needs through the optimization of water levels. Factors such as the cost of the smart irrigation system as well as the potential of error in the systems are restraining the growth of the smart irrigation market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Smart Irrigation Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Smart Irrigation Market Competitive Landscape
The “Global Smart Irrigation Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Stevens Water Monitoring Systems, Galcon, Rachio, Weathersmatic,Hunter Industries, Netafim, Rain Bird Corporation, The Toro Company, Hydropoint and Banyan Water. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.

Global Smart Irrigation Market , By Component
• Controllers
• Sensors
• Water Flow Meters
• Others
Global Smart Irrigation Market , By System Type
• Weather-Based Controller Systems
• Sensor-Based Controller Systems
Global Smart Irrigation Market, By Application
• Agricultural
• Nonagricultural
o Residential
o Golf Courses
o Turf and Landscape
o Others
Global Smart Irrigation Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Latin America
o Brazil
• Rest of the World

RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:


To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team.


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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