The Irrigation Automation Market is Anticipated to Witness High Growth Owing to Increased Need for Water Conservation
Irrigation automation refers to the process of using automated systems and modern technologies to regulate irrigation processes such as water distribution and management without human intervention. The systems use tools like sensors, controllers, valves and smart irrigation technologies along with software and web applications to automatically monitor soil moisture, weather, evapotranspiration rates and automate watering schedules accordingly. This helps optimize water usage for agricultural fields and landscapes. The need to conserve water and utilize it efficiently amid growing water scarcity across regions is driving increased adoption of irrigation automation.
The Global irrigation automation market is estimated to be valued at US$ 4.8 Bn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period 2024-2031.
Key Takeaways
Key players operating in the irrigation automation market are The Toro Company, Hunter Industries, Valmont Industries Inc., Rain Bird Corporation, Jain Irrigation Systems. The prominent players are focusing on new product launches and mergers & acquisitions to strengthen their market presence.
The rising awareness about benefits of irrigation automation systems such as water conservation and high crop yields presents significant growth opportunities in both developing and developed markets. Governments across regions are also supporting adoption of these systems through various schemes to curb water wastage from conventional irrigation practices.
Global expansion remains a key strategy for leading players. They are leveraging the opportunities in developing countries in Asia Pacific and Latin America through partnerships with local players and setting up manufacturing units to cater to the rising demand. This is also helping them lower production costs.
Market Drivers
Increasing instances of droughts and water scarcity globally has propelled the need for more efficient irrigation practices. Automation facilitates up to 30-50% water savings compared to manual irrigation methods. This remains a key driver.
Advanced technologies used in irrigation automation such as IoT, AI and wireless communications have made the systems more affordable and user-friendly. This is encouraging wider adoption across farms.
Market Restraints
Higher initial capital costs compared to conventional irrigation systems act as a major adoption barrier, especially for smallholder farmers in price-sensitive markets.
Lack of adequate support infrastructure and skilled workforce in underdeveloped regions hampers the effective implementation and use of these systems.
Segment Analysis:
Sprinkler irrigation dominates the irrigation automation market as it is commonly used for agriculture, commercial, and residential landscapes. Within sprinkler irrigation, the in-ground sprinklers sub-segment dominates owing to its ability to water larger areas compared to other types. Above-ground portable sprinklers are also gaining popularity for lawns and gardens due to their flexibility. In agriculture, automation of center pivot and lateral move irrigation systems is growing as they help optimize water usage through centralized control and monitoring.
Global Analysis:
The irrigation automation market is witnessing significant growth in Asia Pacific owing to increasing awareness about water conservation techniques and favorable government policies promoting automation in agriculture. Countries like India and China are adopting center pivot and lateral move irrigation systems to increase crop yield from limited land areas.
In North America and Europe, the residential and commercial landscape sub-segments are major revenue generators due to growing demand for outdoor aesthetic appeal and water management regulations. Central & South America is also emerging as a lucrative region due to initiatives to increase farm productivity through irrigation technology upgradation.
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What Are The Key Data Covered In This Irrigation Automation Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the Irrigation Automation 's growth between 2024 and 2031.
:- Accurate calculation of the size of the Irrigation Automation and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- Irrigation Automation Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market's competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of Irrigation Automation vendors
About Author:
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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