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Smart Irrigation Market Trends

Report ID: GMI5992
Published Date: Jun 2023
Report Format: PDF

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Smart Irrigation Market Trends

A prominent trend in the smart irrigation industry is the adoption of wireless connectivity standards. Smart irrigation systems can overcome the challenges of distance, power consumption, and compatibility by adopting the standardized wireless connectivity protocols such as LoRaWAN, NB-IoT, and Sigfox. These protocols ensure interoperability among different devices & vendors, allowing for seamless integration and the scalability of smart irrigation networks. The use of standardized protocols simplifies the deployment & management of smart irrigation systems across diverse environments, enhancing their effectiveness & reliability.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of smart irrigation was worth more than USD 1.4 billion in 2022 and is projected to grow at over 12% CAGR over 2023-2032, driven by the increasing incidences of water scarcity and droughts worldwide, creating the need for efficient water management in agriculture and infrastructure.

The climate-based segment held around 10.5% market share in 2022 and is set to depict a modest growth rate through 2032, owing to the rising demand for irrigation solutions which offer real-time weather data and evapotranspiration rates.

Asia Pacific held around 20% revenue share of the market in 2022, due to the robust agricultural sector and growing engagement in agriculture & farming activities.

AquaSpy, Blossom, CALSENSE, ETwater (by Jain Irrigation Systems), Galcon Ltd., Green IQ, Hortau Inc., HUNTER INDUSTRIES, Hydrawise (by Hunter Industries), HydroPoint Data System, NETAFIM are among the leading firms in the market.