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)
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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