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Irrigation Automation Market Worth $6.7 Billion by 2025 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

20 Apr, 2020, 14:30 GMT

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CHICAGO, April 20, 2020 /PRNewswire/ -- According to the new market research report "Irrigation Automation Market by System (Automatic, Semi-automatic), Irrigation Type (Sprinkler, Drip, Surface), Automation Type, Component, End-Use (Agricultural, Non-agricultural), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Irrigation Automation Market size is estimated to account for a value of USD 2.8 billion in 2020 and is projected to grow at a CAGR of 18.5% from 2020 to reach a value of USD 6.7 billion by 2025. Factors such as increased mechanization and adoption of smart technologies for agricultural activities, government initiatives to promote water conservation, and the growing awareness among farmers about the benefits of adopting irrigation automation are the key drivers fueling the growth of the irrigation automation market. New product, service, and technology launch was the dominant strategies adopted by key players to capitalize on the strong market potential.

Browse in-depth TOC on "Irrigation Automation Market"
112 – Tables
46 – Figures
185 – Pages

By irrigation type, drip irrigation segment is estimated to account for a larger market share, in terms of value, in 2020

Most developing countries across the globe make use of irrigation technologies, such as sprinklers and drip irrigation. The automation of drip irrigation has become increasingly popular due to higher consistency in yields, reduced power usage as compared to sprinkler irrigation, the possibility of being used in smaller pieces of land, and higher efficiency in the application of fertilizers with little or no leaching.

The semi-automatic segment, based on system, is estimated to hold the largest share in the irrigation automation market, in terms of value, in 2020

The market for semi-automatic irrigation systems holds the largest as the demand for irrigation systems, which would allow the growers to modify the irrigation process is high in open fields and greenhouses. Semi-automatic systems are relatively cost-effective and hence are adopted in developing countries such as India, China, and Brazil.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=60266313

The non-agricultural segment, based on end-use, is estimated to hold the largest share in the irrigation automation market, in terms of value, in 2020

Non-agricultural applications of irrigation control include sports grounds, residential, pastures, turf & landscapes, golf courses, and gardens. Automatic watering systems in golf courses enable the owners and the growers to adjust the watering based on time or volume and control it remotely.

By components, controllers segment is estimated to account for a larger market share, in terms of value, in 2020

The irrigation automation market, based on components, is segmented into controllers, valves, sensors, sprinklers, and other components, which include pressure gauges, monitoring devices, and flow meters. Controllers hold the largest share as they are the central unit of the entire irrigation automation system and are also the costliest component. The increased demand for semi-automatic systems, such as time-based and volume-based systems, in developing countries, has led to an increase in demand for simple controllers across the globe.

By automation type, time-based irrigation automation system is projected to account for a larger market share in 2020

The market for irrigation automation, based on automation type, has been segmented into time-based, volume-based, real-time feedback, and computer-based irrigation control systems. Since developing countries majorly use irrigation automation systems for agricultural lands, the need for semi-automated irrigation systems, which would allow timely intervention at different irrigation stages, and is cost-effective remains high. Due to these factors, the time-based segment is projected to account for the largest share in the irrigation automation market.

Speak to Analyst:
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=60266313

Asia-Pacific is projected to grow at the highest CAGR during the forecast period

The increased awareness among farmers about the benefits related to the adoption of semi-automated and automated irrigation systems, along with reducing water levels in river basins of the Asia Pacific region, are some of the factors driving the growth of the market. The change in precipitation pattern is compelling farmers to use sensor-based irrigation systems to take better-informed decisions.

This report includes a study on the marketing and development strategies, along with a survey of the product portfolios of the leading companies operating in the irrigation automation market. It includes the profiles of leading companies, such as The Toro Company (US), Hunter Industries (US), Valmont Industries Inc. (US), Rain Bird (US), Jain Irrigation Systems (India), Lindsay Corporation (US), Netafim (Israel), Galcon (Israel), Rubicon Water (Australia), Weathermatic (US), Nelson Irrigation (US), Mottech Water Solution Ltd (Israel), Avanijal Agri Automation Pvt Ltd. (India), Calsense (US), Water Bit (US), and Hydropoint Data Systems (US), Irritec S.P.A (Italy), Blurain (India), Novagric (Spain), Hortau (US), Tevatronic (Italy), and Dorset Group B.V (Netherlands)

Browse Related Reports:

Irrigation Controllers Market by Type (Weather-based and Sensor-based), Product (Smart Controllers, Tap Timers, and Basic Controllers), Application (Non-agriculture and Agriculture), Irrigation Type, and Region - Global Forecast to 2022
https://www.marketsandmarkets.com/market-reports/irrigation-controller-market-185648236.html

Browse Adjacent Markets: Farm Equipments and Irrigation Market Research Reports & Consulting

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com 
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/irrigation-automation-market.asp 
Visit Our Web Site: https://www.marketsandmarkets.com 
Content Source: https://www.marketsandmarkets.com/PressReleases/irrigation-automation.asp 

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