The global irrigation automation market accounted for a value of USD 2.3 billion in 2019 and is projected to register growth at a CAGR of 16.2% during forecast period.
COVID-19 has impacted the irrigation automation. The pandemic have serious impacts on food industry. The irrigation sector provides jobs to many people across rural areas, it has made farmers shift to water saving sustainable practices, it allows production of critical systems and provides livelihood to poor people worldwide. The unavailability of labor has contributed in decline of market growth. The delivery of services and supply chains has been disrupted due to lockdown and certain restriction of travel. This drip irrigation system will foresee decline during the forecast period due to global pandemic.
For more details, visit: Global Irrigation Automation Market By Irrigation Type (Drip Irrigation, Sprinkle Irrigation, Others), By System (Automatic & Semi-Automatic), By End-Users (Lawns, Others), By Automation Type, By Region, Forecast & Opportunities to 2026
The demand and adoption for smart technologies for agriculture activities is increasing. The government is adopting measures in order to promote the conservation of water. The smart technologies help in effective irrigation and it very convenient. Farmers are adopting these technologies widely and this drives growth in irrigation automation market during forecast period.
On the basis of irrigation type, the irrigation automation market is segmented into drip irrigation, sprinkle irrigation and surface irrigation. The drip irrigation segment is estimated to dominate the market during forecast period. The automated drip irrigation systems have 10 years or higher life span. These systems have higher efficiency rate than others which makes it widely adopted by farmers. The demand for automated drip irrigation systems is increasing and this drives growth in drip irrigation segment during forecast period.
On the basis of irrigation type, the irrigation automation market is segmented into automatic and semi automatic. The automatic systems segment is estimated to register growth at highest CAGR during forecast period. The automated irrigation systems involves less human intervention and save time. This system helps in water conservation and the adoption of such system is highly increasing in agriculture. This system also used for non-agriculture application in countries such as Canada, Italy, US, China and Spain. This drives growth in automatic system during forecast period.
On the basis of end-users, the irrigation automation market is segmented into agriculture, greenhouses, open fields, non-agriculture, lawns, golf courses and sports ground. The non-agriculture segment is estimated to be fastest growing segment during forecast period. The number golf courses and other sports complexes are increasing around the world and this requires irrigation system for watering such complexes for sports. The adoption of irrigation systems is widely increasing in the on-agriculture activities and this drives growth in non-agriculture segment during forecast period.
Asia-Pacific region accounted for largest market share in 2019 and it estimated to maintain its dominance in irrigation automation market during forecast period. There is a presence of vast land for agriculture and major population earn from agriculture market. The climatic conditions are rapidly changing which are affecting crops and this increases requirement for advanced technologies for irrigation and other agriculture purposes. The need for reducing water wastage is increasing in this region and the automated technologies can help in achieving this. The automated irrigation tools helps in irrigating fields without wasting water as the level of water resources are lowering in this region. This drives growth in Asia-Pacific region in irrigation automation market during forecast period.
The key market players in irrigation automation industry are Netafim, Lindsay Corporation, Valmont Industries Inc., The Toro Company, Jain Irrigation Systems, Hunter Industries, Rain Bird, Hydropoint Data Systems, Weathermatic, Nelson irrigation, Calsense, Galcon, Rubicon Water, Irritec S.P.A, Mottech Water Solutions Ltd., Growlink, Ranch Systems and Blurain.
- What are the expected industry trends over the next three to five years?
- Which of the irrigation automation type is likely to lead by 2026?
- Which of the end-user segments is expected to have the maximum potential to during the forecast period?
- Which region is going to have the highest smart meters market share by 2026?
- What are different organic and inorganic strategies implemented by companies to gain increased market share?