The rapid growth of the smart
irrigation market can be attributed to various factors, such as the
increasing adoption of smart irrigation devices, and sensing and monitoring
devices by farmers. It is also expected that the cost of smart irrigation
technology will decrease in the next couple of years, mainly because of the
declining prices of major hardware components. As a result, the smart
irrigation market is expected to witness high growth during the forecast
period.
The report profiles key players such as The Toro Company
(US), Netafim (Israel), Hunter Industries (US), Rain Bird Corporation (US),
HydroPoint (US), Rachio (US), Banyan Water (US), Rain Machine (US), ET Water
(US), Galcon (Israel), Weathermatic (US), Blossom (US), Skydrop (US), Delta-T
Devices (UK), Calsense (US), AquaSpy (US), Soil Scout (Finland), Caipos
(Austria), Acclima (US), and Rain Machine (US).
Controllers to hold largest market share during forecast
period
Controllers are expected to hold the largest market share
owing to the increasing adoption of these devices for automatic irrigation
scheduling in applications such as agriculture, residential and commercial
property, lawns and gardens, and landscaping. Smart controllers use weather and
sensor data to automatically adjust irrigation schedules to any environmental
changes. Smart controllers have additional features, such as multiple programs
to allow different watering frequencies for different types of plants, rain
delay settings, input terminals for sensors such as rain/freeze and soil
moisture, and remote operation.
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Nonagricultural application to account for larger share
of smart irrigation market in 2018
The growing importance of efficient watering practices and
irrigation solutions for nonagricultural applications, such as residential,
turf and landscape, and golf courses, is a major factor driving the growth of
this market.
Americas to hold largest share of smart irrigation market
during forecast period
The Americas is expected to hold the largest share of the
smart irrigation market during 2018–2023. Countries such as the US and Canada
in the Americas are the early adopters of smart irrigation technologies, which
is the major reason for the high market share of this region in the smart
irrigation market. The Americas has the highest number of smart irrigation
systems installed at farms, residential landscapes, and golf courses. Farmers
or growers in this region are increasingly adopting advanced irrigation systems
and equipment such as smart controllers, sensors, and water flow meters.
