Smart Irrigation Market Research Report: Forecast (2023-2028)
Smart Irrigation is the integration of advanced technology of sprinklers with nozzles. It is beneficial for enhancing the functioning of irrigation controllers and automatically adjusting watering to optimal levels.
In general terms, the use of the latest and most advanced irrigation systems, full-fledged with a variety of sensors and other elements in order to regulate the requisite irrigational level on the installed land, is acknowledged as Smart Irrigation. The ideology of the system revolves around the various numbers of installed sensors surrounding and transmitting data that is fetched by the system.
Market Insights & Analysis: Global Smart Irrigation Market (2023-28)
The Global Smart Irrigation Market is projected to grow at a CAGR of around 15% during the forecast period, i.e., 2023-28. The market is more likely to expand owing to the extensive government initiative for preserving water, incorporating several latest techniques to build and improvise irrigation systems worldwide.
Similarly, other vital aspects, including the rising demand for effective irrigation systems through the establishment of smart cities, contribute significantly to expediting the market's growth. For instance, In 2021, The Cartagena City Council in Spain has taken the lead in transforming the entire city into a digital one by implementing cutting-edge technology, artificial intelligence, and big data analysis to better manage the city's natural resources. This includes implementing the use of smart irrigation in its green spaces, which safeguards water and strengthens the upkeep of public parks & garden areas, thus aiding in upscaling the Smart Irrigation Market share.
|Study Period||Historical Data: 2018-21|
|Base Year: 2022|
|Forecast Period: 2023-28|
|Regions Covered||North America: US, Canada, Mexico|
|Europe: Germany, The UK, France, Spain, Italy, Rest of Europe|
|Asia-Pacific: China, India, Japan, South Korea, Rest of Asia-Pacific|
|South America: Brazil, Rest of South America|
|Middle East & Africa: GCC, South Africa, Egypt, Rest of MEA|
|Key Companies Profiled||Rain Bird Corporation, Calsense, Galcon, Weathermatic, Cultyvate, Hydropoint, Netafirm, Stevens Water Monitoring Systems, CropX, Ecozen Solutions, Water Bit, AquaSpy|
|Unit Denominations||USD Million/Billion|
Besides this, the rising influx of investment in the agriculture sector in an attempt to attain sustainable agricultural-based practices further propels the market growth globally. Apart from the above growth factors, the swift surge in employing sensor technologies and expanding familiarity with IoT-based irrigation systems are expected to influence market proliferation in the coming years.
Key Driver: The Diminishing Cost of Sensors & Controllers Used in the System
Manufacturers supplying low-cost sensors have promoted the easy availability of sensors worldwide. These sensors, including soil moisture, rain/free, fertigation, and flow sensors, can be easily attached to the nodes, simultaneously making an irrigation system highly efficient and affordable.
Along similar lines, several latest sensors, such as leaf water stress monitoring sensors, multi-level soil moisture sensors, or water salinity monitoring sensors, designed primarily by using copper coils and other pocket-friendly materials, have already been introduced by the key manufacturers to cut down the exorbitant cost and meet the consistent demand of the under-developed nations. Thus, the cost-effectiveness of sensors and controllers encourages farmers to opt for such advanced techniques in a bid to attain efficient irrigation systems, thereby making a substantial contribution in enhancing the Smart Irrigation Market size.
Possible Restraint: Need for Standardization & Better Interoperability Metrics
Smart irrigation devices use different communication interfaces, technologies, and protocols. However, the lack of standardization among them can cause data misrepresentation & make it difficult to integrate systems. This also limits the plug-and-play capabilities between unrelated systems. For example, equipment manufacturers use their own interface protocols for communication, which affects communication between devices from different manufacturers. Access to plant-related data is also crucial for software and system developers. Therefore, standardization and interoperability metrics are necessary for devices to function effectively.
Growth Opportunity: Rapid Smartphones Unification with Wireless Irrigation System Controllers
A rapid surge in the use of smartphones integrated with agriculture-based multiple user-friendly applications has emerged as a necessity in the progressing countries and the under-developing ones. In fact, it is turning out to be a unique and potently easy-to-carry tool making the process much easier. Moreover, a few irrigation controller providers also deliver voice assistance service-based automated irrigation systems. All this has opened opportunities for the key market players to unify smartphones with wireless irrigation system controllers in large quantities and act as a helping hand in exponentially raising the market's growth. For Example, Rachio, an American-based company, introduced its voice-controlled Rachio 3 smart sprinkler controller and Rachio 3 wireless flow meter two years back.
Key Trend: Growing Adoption of Drip irrigation in Water-Scarce Countries
Drip irrigation, one of the techniques under smart irrigation systems, has been gaining traction for the past few years, particularly in areas with water scarcity. The method's popularity can be attributable to its ability to drip water at the place of the roots of the plants, resulting in minimal water requirement for the plant's growth. Thus, drip irrigation has led to the flourishing of the market due to its outstanding effectiveness in lowering water use, moderating the pace of salinization, and enhancing agricultural production, encouraging more countries to adopt such methods in the coming years. For instance,
Recently, in March 2023, Israel's Ambassador to India, Naor Gilon, inaugurated the Drip irrigation system at Children's Park in India Gate to conserve water. This was done on a trial basis with the hope of implementing it further in other gardens as well.
By End User,
Of these, Agricultural lands holds the potential share & are projected to substantially contribute to the expansion of the Global Smart Irrigation Market owing to the advanced sensors and controllers being manufactured by the market players to make irrigation systems more affordable than ever before. As a result, many farm owners worldwide are inclined towards purchasing systems integrated with such latest controllers and sensors, enabling them to conduct activities such as agriculture monitoring and irrigation management more effectively and efficiently. Furthermore, many agriculturalists and farmers are shifting their focus towards indulging in farm-based activities, full-fledged with innovative irrigation technologies, to supervise water consumption effectively. In addition, high crop yield and improvised crop quality are other major benefits of this specific technology.
Of these, Sensor-based controllers are projected to thrive in the market extraordinarily. It is because of the wireless technologies' quick development. This market is projected to strengthen due to the rising adoption of soil moisture, rain, and fertigation sensors for automated irrigation scheduling at agricultural farms. A number of well-known technologies are used by soil moisture sensor-based controllers to measure the moisture content of the soil. As soon as soil sensors are placed in the root zone, they precisely gauge the amount of moisture in the ground, which is an immediate outcome of evapotranspiration, and then convey this information to the controller. Backed by these remarkable benefits offered by the sensor-based controllers, the segment is expected to contribute significantly to the market expansion.
Geographically, the Global Smart Irrigation Market expands across:
From the abovementioned list, the Asian-Pacific region is all set to witness robust growth during the projected timeframe. The major countries that sum up the following region, including India, China, Japan, Indonesia, Australia, and Singapore, have already started promoting several activities related to modern agriculture and its related techniques by forming large groups and communities as well. All this will ultimately carry a positive influence on the smart irrigation industry and, thus, facilitate the market to boom in the future. Of the Asian-Pacific region, China and Australia are commanding the market. Whereas on the other hand, India and Japan are urged to adopt the methodology of smart irrigation due to its latest technological developments and high disposable income in the private sector.
Recent Developments in the Global Market
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Frequently Asked Questions
A. The “Smart Irrigation Market” is projected to grow at a CAGR of around 15.0% during 2023-28.
A. ‘The diminishing cost of sensors and controllers used is the prominent factor that is expected to drive the “Smart Irrigation Market” during 2023-28.
A. Rain Bird Corporation, Calsense, Galcon, Weathermatic, Cultyvate, Hydropoint, Netafirm, Stevens Water Monitoring Systems, CropX, Ecozen Solutions, Water Bit, and AquaSpy are the top players in the market.
A. ‘Agricultural lands’ is the leading sub segment among the end-users in the “Smart Irrigation Market.”
A. The Asia-Pacific region will present growth prospects in the Smart Irrigation Market during 2023-28.
A. Growing adoption of drip irrigation in water-scarce countries is the major trend in Smart Irrigation Market.
A. Rapid smartphones unification with wireless irrigation system controllers is the major growth opportunity that will drive the market through 2028.
A. Need for standardization and better interoperability metrics is the possible restraint that will affect the growth of the Smart Irrigation Market.