Intelligent Irrigation System Market Size, Share, Growth, And Industry Analysis, By Type (Weather-based Controllers and Sensor-based Controllers), By Application (Agriculture, Commercial Lawns, Public Parks, Private Gardens and Other), Regional Forecast To 2032

• 

   Request a Free Sample To Get More Information on this Market

Intelligent Irrigation System Market Report Overview

The global Intelligent Irrigation System Market size was valued at approximately USD 2.3 billion in 2023 and is expected to reach USD 7.03 billion by 2032, growing at a compound annual growth rate (CAGR) of about 15% during forecast period.

An intelligent irrigation system is an automated system that makes the best use of cutting-edge technology to water crops or landscapes. These systems are made to administer water in an exact and effective manner, giving plants exactly the appropriate amount of moisture at precisely the right moment without wasting water resources. Smart irrigation systems can use a variety of technologies, including moisture in the soil sensors, weather data, evapotranspiration sensors, and computerized controllers. These systems gather data on temperature, humidity, soil moisture content, and other environmental factors. Using this data, they determine how much water plants need to survive.

The market for sophisticated irrigation systems is expanding as a result of a number of causes, including growing water shortages, rising need for food production, and expanding use of precision agriculture methods. These systems include advantages including greater crop productivity, lower labor and energy costs, and water conservation. However, the creation of more sophisticated and effective irrigation systems has been made possible by technological breakthroughs in areas such as cloud technology, the Internet of Things (IoT), and big data analytics. Government programmes and rules promoting environmentally friendly farming methods are also anticipated to fuel the market for intelligent irrigation systems.

COVID-19 Impact: Need for Nutritious Food Raised the Requirements for Food Production

While individuals spent more time at home and looked for more nutritious food which was locally obtained, the epidemic had raised the need for food production. As a result, there was a greater emphasis on precision agriculture methods, such as the use of intelligent irrigation systems, to boost crop yield and decrease water usage. In addition, the pandemic hastened the adoption of digital technologies in agriculture, such as cloud computing, data analytics, and remote sensing, which are essential elements of sophisticated irrigation systems. The market for irrigation systems is predicted to expand as a result of this trend in the post-pandemic era.

Latest Trends

"Arrival of Smart Controllers that Can Adjust Watering Schedule Depending on a Variety of Variables"

There have been a number of recent advancements by market participants as the intelligent system sector continues to develop. The market for intelligent irrigation systems is seeing the emergence of smart irrigation controllers as a popular product. These controllers can modify watering schedules based on weather forecasts and soil moisture levels and can be remotely managed via cell phones or other devices. Overall, these advancements enable more effective, economic, and sustainable agricultural and landscaping activities, which is fueling the expansion of the market for smart irrigation systems.

Intelligent Irrigation System Market Segmentation

• By Type Analysis

According to type, the market can be segmented into Weather-based Controllers and Sensor-based Controllers

• By Application Analysis

Based on application, the market can be divided into Agriculture, Commercial Lawns, Public Parks, Private Gardens and Other

Driving Factors

"Issue of Water Scarcity is Leading to Farmers Making Use of Cutting-edge Irrigation Technologies "

Water is in high demand due to the expanding worldwide population and quickening urbanization. Unfortunately, due to several factors such as climate change and droughts, freshwater resources are limited and getting rarer. Farmers and landscapers are under pressure to use water resources more effectively, notably by putting in place sophisticated irrigation systems. To improve water use and decrease water waste, these systems make use of cutting-edge technologies such soil moisture sensors, weather stations, and computerized controllers. As a result, one of the key factors fueling the market expansion for intelligent irrigation systems is the necessity to save water resources.

"Increasing Precision Agriculture Usage to Improve Agricultural Production and Reduce Input Costs"

In order to maximize crop productivity and lower input costs, precision agriculture is a farming method that makes use of cutting-edge technologies including sensors, drones, and machine learning algorithms. As they deliver precise and timely data about soil moisture levels, temperature, and humidity, irrigation systems are an essential part of precision agriculture. Farmers can modify their irrigation plans and optimize water use using this knowledge to increase crop output while using less water. Precision farming is becoming more widely used as a result of its potential to boost farm productivity and save input costs, which is fueling the expansion of the market for intelligent irrigation systems.

Restraining Factors

"Significant Upfront Expenditure can be an Obstacle to Small Scale Farms "

The significant upfront expenditure required to put these systems in place is one factor limiting the intelligent irrigation system market growth. Intelligent irrigation necessitates a large investment in cutting-edge equipment, including soil moisture sensors, weather stations, and computerized controllers, as well as the infrastructure necessary to set up and operate the system. Particularly for individuals who run small or medium-sized farms or landscaping operations, the initial investment cost can be a substantial obstacle for farmers and landscapers. In some circumstances, the cost of installing a smart irrigation system can be more than any possible cost savings from less water use and better crop yield.

• 

   Request a Free Sample To Get Analysis on Major Geographic Market

Intelligent Irrigation System Market Regional Insights

"Enormous Agricultural Sector and Presence of Major Producers are Driving the Regional Market"

Although the market for irrigation systems is expanding quickly throughout the world, North America now holds a dominant position. The largest portion of the global intelligent irrigation system market share was held by North America. The region's enormous agricultural sector, which has quickly embraced cutting-edge technologies including precision agriculture and sophisticated irrigation systems, is the first factor to consider. Second, there is a strong understanding of the need to conserve water resources in the area, especially in arid areas such as California and Texas. Finally, a lot of the top manufacturers of intelligent systems, including Rain Bird and Hunter Industries, are based in North America.

Key Industry Players

"Key Players Focus on Strategic Alliances and Mergers to Gain a Competitive Advantage"

In order to broaden their consumer base and provide more complete solutions, many industry participants are forging strategic alliances and collaborations with other businesses. As an illustration, intelligent irrigation system producers are collaborating with software providers to offer cloud-based irrigation management solutions that can be accessed from any location. Players in the industry are also utilizing mergers and acquisitions as a tactic to broaden their product offerings and acquire access to new markets and technology. To diversify its product line and provide consumers with more complete solutions, a top producer of irrigation systems, for instance, might buy a business that specializes in soil moisture sensors.

LIST OF TOP INTELLIGENT IRRIGATION SYSTEM COMPANIES

• Hunter Industries (U.S.)
• Rain Bird Corp (U.S.)
• Toro Company (U.S.)
• Scotts Company (U.S.)
• Orbit Irrigation Products (U.S.)
• Galcon (U.S.)

Report Coverage

This report covers the intelligent irrigation system market. The CAGR expected to be in during the forecast period, and also the USD value in 2023 and what it is expected to be in 2032. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.