Global Smart Irrigation Market Size and Forecast
Global Smart Irrigation Market Analysis
According to Verified Market Intelligence, 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 Intelligence 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
• Water Flow Meters
Global Smart Irrigation Market , By System Type
• Weather-Based Controller Systems
• Sensor-Based Controller Systems
Global Smart Irrigation Market, By Application
o Golf Courses
o Turf and Landscape
Global Smart Irrigation Market Geographic Scope
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia Pacific
• Latin America
• Rest of the World
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