Home Press Releases Irrigation Automation Market Size Worth $14.6 Billion By 2030 | CAGR: 16.87%

Irrigation Automation Market Size Worth $14.6 Billion By 2030 | CAGR: 16.87%

The global irrigation automation market size is expected to reach USD 14.6 billion by 2030, according to a new study by Polaris Market Research. The report “Irrigation Automation Market Share, Size, Trends, Industry Analysis Report, By Compound (Controllers, Sensors, Valves, Sprinklers, and others); By Automation Type; By Application; By Application; By Region; Segment Forecast, 2022 – 30” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The increasing farmer awareness towards the availability of advanced and automated irrigation techniques along with the rising number of government initiatives and campaigns to support water conservation across the world, are key major factors projected to drive the growth of the global market throughout the forecast period.

 

Furthermore, high utilization of smart technologies helps to monitor the weather change, soil conditions, watering schedule, and level of water, which is further expected to show an upsurge in the demand for advanced and innovated irrigation techniques worldwide.

 

For instance, in February 2021, new flow detection basket filter by the Rain Bird announced its new facility to ease in measurement, and interconnected pressure regulation in the compressed solution. This applies to both commercial and residential irrigation systems for better monitoring of irrigation performance to maintain optimum amount of water to have desired outcomes.

 

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Moreover, the need for water conservation acts like a vital force that significantly increases the use of irrigation automation techniques by the farmers coupled with a positive push from government of several bodies in the form of various subsidies on the purchase of sprinkler and drip systems, thus the adoption of irrigation automation is likely to have significant growth over the coming years. For instance, from 2015, in India, farmers are eligible for a subsidy of around 35-40% on the purchase of drip irrigation systems for their farms and better productivity under the Pradhan Mantri Krishi Sinchayee Yojana.

 

Irrigation Automation Market Report Highlights

  • Controllers segment accounted significant growth in 2021, and is anticipated to retain its position over the study period due to the rise in demand for semi-automatic systems across the globe.
  • Time-based segment held the largest revenue share in 2021, which is accelerated by the several types of benefits of this system like full control of the irrigation process and fewer fuel requirements.
  • Non-agricultural registered a high CAGR over the study period due to the extensive rise in the number of golf courses, gardens, residential, and sports grounds coupled with the ability to control the water volume remotely.
  • North America is witnessing fastest growth during the forecast period on account of the increasing adoption of automated irrigation systems coupled with the several types of government initiatives to promote the conservation of water in the region.
  • The global market is highly consolidated in nature owing to the presence of many large market players with global presence such as Rain Bird Corporation, Valmont Industries Inc., Jain Irrigation Systems, Lindsay Corporation, and Stevens Water Monitoring Systems Inc.

 

Polaris Market Research has segmented the Irrigation Automation market report based on component, automation type, application, and region:

 

Irrigation Automation, Component Outlook (Revenue – USD Billion, 2018 – 2030)

  • Controllers
  • Sensors
  • Valves
  • Sprinklers
  • Others

Irrigation Automation, Automation Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Time-based
  • Volume-based
  • Real time-based
  • Others

Irrigation Automation, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • Agricultural
  • Non-Agricultural

Irrigation Automation, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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