The Global Irrigation Automation Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Irrigation Automation market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
The global Irrigation Automation market size is expected to reach USD 11.28 Billion in 2028 and register a steady revenue CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing initiatives of governments related to water conservation and rising deployment and installation of irrigation automation systems in various countries across the globe. Governments are focusing intently on reducing water wastage, which is an issue that primarily arises due to imprecise nature of irrigation water distribution systems. Rising government investment on promoting technological advancements in conventional agrarian irrigation techniques is expected further to boost growth of the irrigation automation system market during the forecast period. Collaborations with IT companies for the purpose of deployment of automation in irrigation systems, which would allow state government authorities to release and control the flow of irrigated water remotely, based on real-time demand from farmers is such areas. Steady integration of smart technologies in agriculture activities is expected to continue to drive revenue growth of the irrigation automation system market going ahead. The Internet of Things (IoT) is also changing processes and efficiency across the agriculture domain and supporting growers in overcoming challenges such as addressing water deficiencies and limited availability of arable land, while aid governments in meeting rising global food demand. Farmers are utilizing different controlled and monitoring systems in order to increase crop yield with the help of automation based on IoT. These irrigation automation systems are expected to become more efficient and cost-effective owing to rapid advancements in IoT technologies.
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The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Irrigation Automation market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
Key Players Profiled in the Report are:
Netafim, Lindsay Corporation, Valmont Industries, The Toro Company, Jain Irrigation Systems, Hunter Industries, Rain Bird, HydroPoint Data Systems, Weathermatic, and Nelson Irrigation
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Irrigation Automation market expected to boost the growth of the industry in the coming years.
Irrigation Automation Market Segmentation:
Automation type Outlook (Revenue, USD Billion; 2018–2028)
- Volume-based
- Time-based
- Computer-based Control System
- Real-time-based
Irrigation type Outlook (Revenue, USD Billion; 2018–2028)
- Drip Irrigation
- Sprinkler Irrigation
- Surface Irrigation
Component Outlook (Revenue, USD Billion; 2018–2028)
- Sensors
- Controllers
- Sprinklers
- Valves
- Others
Key Questions Answered in the Report:
What is the growth rate of the Irrigation Automation market? What is the anticipated market valuation of Irrigation Automation industry by 2027?
What are the key growth driving and restraining factors of the Irrigation Automation market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Irrigation Automation industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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