Call 888-776-0942 from 8 a.m. to 10 p.m. Eastern Time
Chicago, December 1, 2021/PRNewswire/-According to a new research report, "Smart irrigation for COVID-19 impact analysis by system type, application (greenhouse, open field, residence, golf course, lawn, and landscape) Markets), components (controllers, sensors, water flow meters) and regions-global forecast to 2026", published by MarketsandMarkets™, is expected to grow from USD 1.2 billion in 2021 to USD 2.3 billion in 2026; From 2021 to 2026, it will grow at a compound annual growth rate of 14.9%.
Request a PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=199758913
Government initiatives to promote water conservation have led to a surge in the adoption of smart irrigation systems. In addition, factors such as the development of smart cities and the demand for high-efficiency irrigation systems, and the reduction in the cost of sensors and controllers used in smart irrigation systems are expected to promote the development of the smart irrigation market.
"During the forecast period, weather-based systems are expected to occupy a larger share of the smart irrigation market"
Compared with sensor-based systems, weather-based systems are expected to occupy a major market share. Weather-based systems have become very popular among homeowners, commercial construction contractors, landscaping and golf course managers. Due to the widespread adoption of weather-based systems in the non-residential sector, they occupy a larger market size. The main factors driving the growth of the smart irrigation market include the government's enhanced water-saving measures, increased demand for food production, and automatic irrigation scheduling, thereby reducing labor costs. In addition, the increasing importance of effective irrigation solutions and watering methods has stimulated the growth of the smart irrigation market.
"In terms of components, the controller will occupy the largest share of the global smart irrigation market in 2020"
As this technology is increasingly used for irrigation scheduling in agriculture, residential and commercial real estate, lawns and gardens, and landscaping, controllers occupy the largest share of the smart irrigation market in terms of components. The smart controller uses weather and sensor data to automatically adjust the irrigation plan to adapt to any environmental changes, such as temperature, humidity, and soil moisture content. The intelligent controller has additional functions, such as multiple programs that allow different types of plants to use different watering frequencies, rainfall delay settings, input terminals for sensors such as rain/ice and soil moisture, and remote operation. Technological advancements in controller development have led to more and more controller adoption. Controllers have been widely used by large commercial farms to control irrigation applications, but for small farms and residential or commercial sectors, these controllers are relatively new. In the past few years, the number of smart controller products on the market has increased dramatically, and different manufacturers have chosen different control technology solutions.
Browse the in-depth catalog on the "Smart Irrigation Market" 106-Table 55-Figure 246-Page
Consultation before buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=199758913
"Over the forecast period, non-agricultural applications will dominate the smart irrigation market"
It is expected that non-agricultural applications will dominate the smart irrigation market in 2021-2026. For non-agricultural applications such as residential, lawn and landscape, and golf courses, the increasing importance of efficient watering methods and irrigation solutions is the main factor driving the growth of this market. The construction of global smart homes or smart cities has achieved tremendous development. In addition, residential owners and contractors are replacing traditional timer-based controllers with new smart irrigation controllers at an increasing rate, which is another factor that promotes the growth of the non-agricultural application market.
"Over the forecast period, the Americas will occupy the largest share of the smart irrigation market"
It is expected that during the forecast period, the Americas will account for the largest share of the smart irrigation market. Due to the early adoption of smart irrigation technology in the United States and Canada, the Americas accounted for the largest market share. The Americas have the largest number of smart irrigation systems installed on farms, residential landscapes and golf courses. The region has several major players in the smart irrigation market; some of them are Toro Company (USA), Hunter Industries (USA), Rain Bird Corporation (USA), HydroPoint (USA), Rachio (USA), Banyan Water (USA) , GroGuru (United States), Orbit Irrigation Products (United States) and Rain Machine (United States). These companies have contributed to the growth of the smart irrigation market in the Americas by launching innovative products and services and investing a lot of money in the research and development of smart irrigation solutions.
Major players in the smart irrigation market include Rain Bird Corporation (US), The Toro Company (US), Hunter Industries (US), Netafim (Israel), HydroPoint (US), Manna Irrigation (Israel), Stevens Water Monitoring Systems (US) ) ), Galcon (Israel), Rachio (United States), Weathermatic (United States). In addition, Jain Irrigation Systems (India), Banyan Water (United States), Delta-T Devices (United Kingdom), Calsense (United States), Skydrop (United States), AquaSpy (United States), Soil Scout (Finland), Caipos (Austria) ), Acclima (U.S.), Rain Machine (U.S.) are a few emerging companies in the smart irrigation market.
Smart agriculture market by product, agricultural type (precision agriculture, livestock monitoring, precision aquaculture, precision forestry, smart greenhouse), application, farm size, and geography to analyze the impact of COVID-19 on the smart agriculture market-global forecast to 2026
Precision agriculture market by technology (guidance, VRT, remote sensing), application (crop reconnaissance, field surveying, variable rate applications), product (hardware—sensor, GPS, yield monitor; software; service) and geography-to 2025 Global forecast for the year
MarketsandMarkets™ provides quantitative B2B research on 30,000 high-growth niche opportunities/threats that will affect 70% to 80% of the revenue of global companies. Currently serving 7,500 customers worldwide, 80% of which are customers of global Fortune 1000 companies. Nearly 75,000 senior executives in eight industries worldwide use MarketsandMarkets™ to solve their pain points in revenue decisions.
Our 850 full-time analysts and SMEs in MarketsandMarkets™ are following the "Growth Participation Model-GEM" to track global high-growth markets. GEM aims to actively cooperate with customers to discover new opportunities, identify the most important customers, formulate "attack, avoid and defend" strategies, and determine the source of incremental revenue for the company and its competitors. MarketsandMarkets™ now launches 1,500 micro-quadrants (positioning leaders, emerging companies, innovators, top players among strategic players) in high-growth emerging market segments every year. MarketsandMarkets™ is determined to benefit the revenue planning of more than 10,000 companies this year, and by providing them with leading research, help them bring innovation/disruption to the market early.
MarketsandMarkets' flagship competitive intelligence and market research platform, the "Knowledge Store" connects more than 200,000 markets and the entire value chain to gain a deeper understanding of unsatisfied insights, market size and niche market forecasts.
Contact: Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 United States: +1-888-600-6441 Email: [email protected] Research Insight: https://www.marketsandmarkets.com/ ResearchInsight/ smart-irrigation-market.asphttps://www.marketsandmarkets.com/ResearchInsight/precision-guided-munition-market.asp Please visit our website: https://www.marketsandmarkets.com Content source: https:/ /www. marketsandmarkets.com/PressReleases/smart-irrigation.asphttps://www.marketsandmarkets.com/PressReleases/marine-battery.asp
More news releases on similar topics
Cision Distribution 888-776-0942 8 a.m. to 9 p.m. Eastern Time