Irrigation Automation Market To Reach USD 11.28 Billion By 2028, Says Emergen Research
The global irrigation automation market size is expected to reach USD 11.28 Billion in 2028 and register a steady revenue CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing initiatives of governments related to water conservation and rising deployment and installation of irrigation automation systems in various countries across the globe. Governments are focusing intently on reducing water wastage, which is an issue that primarily arises due to imprecise nature of irrigation water distribution systems.
Rising government investment on promoting technological advancements in conventional agrarian irrigation techniques is expected further to boost growth of the irrigation automation system market during the forecast period. Collaborations with IT companies for the purpose of deployment of automation in irrigation systems, which would allow state government authorities to release and control the flow of irrigated water remotely, based on real-time demand from farmers is such areas.
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The Global Irrigation Automation Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Irrigation Automation Market studies the market scenario to offer growth projections for the Irrigation Automation industry for the forecast period of 2021-2028.
The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
Key players in the market include Netafim, Lindsay Corporation, Valmont Industries, The Toro Company, Jain Irrigation Systems, Hunter Industries, Rain Bird, HydroPoint Data Systems, Weathermatic, and Nelson Irrigation.
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Emergen Research has segmented the global irrigation automation market on the basis of automation type, irrigation type, component, end-use, and region:
Automation Type Outlook (Revenue, USD Billion; 2018–2028)
Computer-based Control System
Irrigation Type Outlook (Revenue, USD Billion; 2018–2028)
Component Outlook (Revenue, USD Billion; 2018–2028)
End-use Outlook (Revenue, USD Billion; 2018–2028)
Some Key Highlights from the Report
In September 2019, YAMIT Filtration and The Toro Company entered into a strategic partnership to offer advanced irrigation filtration systems for greenhouse and agricultural operations. The partnership is expected to make TORO the sole supplier of YAMIT’s industry-leading filtration solutions in Canada, United States, and Mexico.
Time-based segment accounted for largest revenue share in 2020. Rising need to apply water in the necessary quantity at the right time has resulted in increasing utilization of time-based systems.
Drip irrigation segment revenue is expected to expand at a rapid CAGR during the forecast period. Subsurface drip irrigation prevents wastage of water due to runoff and evaporation, which is resulting in its increasing utilization owing to rising awareness among growers regarding the importance of water conservation.
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Regional Bifurcation of the Irrigation Automation Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report addresses the following key points:
The report estimates the expected market size from 2021-2028
The report provides a forecast of market drivers, restraints, and future opportunities for the Irrigation Automation market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
Key Questions Addressed in the Report:
Who are the leading players in the Irrigation Automation industry?
Which region is expected to dominate the market in the coming years?
What are the key applications of Irrigation Automation?
Which segment is expected to garner traction during the coming years?
What are the key strategies adopted by leading players in the market?
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