Global Smart Irrigation Market

What Are The 5 Takeaways From The Smart Irrigation Market Overview 2024

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033



The Business Research Company’s Smart Irrigation Global Market Report 2024 offers crucial insights into the smart irrigation market help businesses analyse and build stronger strategies.



Rapid Growth and Future Projections

  • The smart irrigation market has experienced swift growth, reaching $1.61 billion in 2023.
  • Expected growth to $1.87 billion in 2024 at a CAGR of 16.2%.
  • Anticipated expansion to $3.36 billion by 2028 with a CAGR of 15.8%.
  • Driving factors include climate change impact, population growth, water resource management, cost savings, and increasing adoption in landscaping.



Smart Cities Propel The Smart Irrigation Market

  • Smart cities contribute significantly to the growth of the smart irrigation market.
  • Efficient watering solutions gain importance for non-agricultural practices in smart cities.
  • The rise in smart city projects, growing by 14% in 2020, is expected to increase further in 2023 and 2024.
  • Major companies in the market include AquaSpy Inc., Calsense, Galcon Ltd., Hunter Industries Inc., among others.



Redefining The Smart Irrigation Market With Precision Irrigation

  • Precision irrigation system adoption reshapes the smart irrigation market.
  • Precision irrigation allows targeted application of water and nutrients at the right time and quantity.
  • Viridix’sRooTense, launched in April 2022, is an AI-based precision irrigation system providing real-time data and autonomous decision-making capabilities.
  • Lindsay Corporation’s acquisition of FieldWise LLC in July 2023 strengthens its position in the smart irrigation and AgTech markets.



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Lindsay Corporation’s Strategic Acquisition Of Fieldwise LLC Strengthens Smart Irrigation Portfolio

  • In July 2023, Lindsay Corporation acquired FieldWise LLC to enhance its smart irrigation and AgTech market presence.
  • The acquisition expands Lindsay Corporation’s solutions, serving a broader customer base with an enlarged distribution network.
  • FieldWise LLC specializes in subscription-based, precision irrigation solutions, aligning with Lindsay Corporation’s strategic goals.



Market Segmentation The smart irrigation market is segmented based on:

  1. Type: Climate-Based, Sensor-Based.
  2. Technology: Evapotranspiration, Soil Moisture.
  3. Component: Sensors, Controllers, Water Flow Meters, Software, and Other Components.
  4. End User: Agriculture, Golf Course, Residential, and Other End Users.



Regional Insights

  • North America led the smart irrigation market in 2023, showcasing significant market share.
  • The region’s dominance attributed to advanced technological adoption, climate concerns, and agricultural practices.



Future Trends and Challenges

  • IoT and Big Data Integration: Increasing reliance on IoT and big data for enhanced efficiency and decision-making.
  • Technological Advancements: Continuous innovation in smart irrigation technologies for improved performance.
  • Wireless Connectivity: Growing emphasis on wireless solutions for ease of installation and operation.
  • Integration with Weather Data: Utilizing real-time weather data for more accurate irrigation planning.
  • Remote Monitoring and Control: Adoption of remote monitoring and control capabilities for efficient irrigation management.
  • Industry-Specific Solutions: Tailoring smart irrigation solutions to specific industry needs.



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The Smart Irrigation Global Market Report 2024 provides a comprehensive outlook of the smart irrigation market for the historic years (2010 -2021) and ten years forecast (2023 – 2032).The smart irrigation market forecast offers a thorough analysis onsmart irrigationmarket size, smart irrigation market share,prominent players and their strategies.



The Table Of Content For The Smart Irrigation Market Include:
1. Smart Irrigation Market Executive Summary
2. Smart Irrigation Market Segments
3. Smart Irrigation Market Size And Smart Irrigation Market Growth Rate
4. Key Smart Irrigation Market Trends
5. Major Smart Irrigation Market Drivers
25. Key Mergers And Acquisitions In The Smart Irrigation Market
26. Top Smart Irrigation Companies
27. Smart Irrigation Market Opportunities And Strategies
28. Smart Irrigation Market, Conclusions And Recommendations
29. Appendix



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