North America Smart Irrigation Market Share and Future Competition...

North America Smart Irrigation Market Share and Future Competition till 2033: SPER Market Research

Posté 2024-07-08 04:58:31

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Smart irrigation systems are an important part of precision agriculture since they use cutting-edge technology. These help to change the watering schedule automatically by monitoring weather, soil conditions, and plant water usage. These systems are employed in agricultural areas, golf courses, and private residences. Smart irrigation technologies, like traditional watering technology, use preprogrammed schedules and timers. Controllers and sensors serve as the foundation for smart irrigation solutions. There are two sorts of controllers: climate and soil moisture. Sensors include soil moisture, rain freeze, and wind sensors.

According to SPER Market Research, ‘North America Smart Irrigation Market Size- By Component, By System Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the North America Smart Irrigation Market is estimated to reach USD 2014.62 million by 2033 with a CAGR of 15.81%.

Drivers: The North American smart irrigation sector is being propelled by rising demand for effective water management and conservation solutions. With growing concerns about water scarcity and environmental sustainability, there is a critical need for smart irrigation systems that improve water efficiency while avoiding waste. Furthermore, government initiatives and regulations encouraging sustainable irrigation practices are moving the industry forward. These projects promote the use of smart irrigation technology, which increases crop productivity while saving water. Furthermore, technological advancements such as the Internet of Things (IoT) and data analytics are increasing irrigation system efficiency, resulting in market development.

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Restraints: Smart irrigation systems have various disadvantages, one of which is the expensive initial installation and maintenance expenses. Some end users, particularly small farms and landscaping enterprises, may find the costs excessive. Another hurdle is potential consumers' lack of awareness and understanding about the benefits of smart irrigation. Expanding the market will necessitate educating individuals and raising awareness of the benefits of these technologies. Interoperability and integration issues among various smart irrigation components may potentially impede seamless operation and adoption.

Impact of COVID-19 on North America Smart Irrigation Market

The smart irrigation market in North America was significantly impacted by the COVID-19 pandemic. A number of the region's governments imposed stringent lockdowns in response to the new coronavirus outbreak, which caused supply chain disruptions and a decline in the market for intelligent irrigation systems. The market for smart irrigation was mostly driven by large-scale agricultural projects, but many of these were postponed, which resulted in delayed installations and decreased sales. Therefore, in 2020 and 2021, the COVID-19 pandemic hindered the growth of the smart irrigation market in North America. But the epidemic also brought attention to how crucial intelligent irrigation systems are to minimising human interaction and guaranteeing water efficiency, which sparked more interest in the sector.

North America Smart Irrigation Market Key Players:

The United States has the largest share of the North American smart irrigation market due to the huge number of companies offering smart irrigation products and solutions. Canada is the second most dominant country in the smart irrigation industry, owing to increased product adoption and technological improvements. Major players in the market are Orbit Irrigation Products LLC, HydroPoint, The Toro Company, Rain Bird Corporation, Rachio inc, NETAFIM, Galcon, Weathermatic, HUNTER INDUSTRIES, and Others.

Our in-depth analysis of the North America Smart Irrigation Market includes the following segments:

By Component :