Smart Irrigation Market Forecast To 2024

Posted by Prashanth on October 30th, 2019

Recent Developments

Smart irrigation technology monitors soil, weather, and water conditions by automating the irrigation system with the using of sensors, controllers, and meters, and are data-driven, efficient, and cost-effective. By providing many advantages, smart irrigation systems, and solutions adopted in different parts of the world.

High installation price and low awareness and technical awareness among farmers are some of the main aspects that may hinder the market.

Market Overview

Market Data Forecast published a report named as Smart Irrigation Market was worth USD 934.72 million in 2019 and estimated to be growing at a CAGR of 17.2%, to reach USD 2066.9 billion by 2024.

Report segmented as:

By Components:

  • Sensors
  • Flow Meter
  • Smart Detection System/Network Elements

By Irrigation Controller:

  • Weather-Based Controllers
  • Sensor-Based Controllers

Geographical Segmentation:

Based on geography, the market divided under many countries such as North America, Europe, Asia-Pacific, and the Rest of the World. North America has led the global Smart Irrigation Market.

Key market players

  • Netafim Ltd.
  • Rain Bird Corporation
  • Rachio Inc
  • HydroPoint Data Systems, Inc.
  • Galcon Ltd.
  • The Toro Company
  • Telsco Industries Inc.
  • Hunter Industries, Inc.
  • Valmont Industries, Inc.
  • Orbit Irrigation Products Inc.

The Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence, and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:   

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

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Prashanth

About the Author

Prashanth
Joined: October 11th, 2019
Articles Posted: 205

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