Smart Irrigation Solutions Market
According to Meticulous Researchu00ae, the smart irrigation market is set to grow at a 22.4% CAGR from 2024 to 2030, culminating in a market value of $10.2 billion by 2030.n
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What Factors Are Driving the Smart Irrigation Market to Be Worth $10.2 Billion by 2030?
Smart IrrigationMarket2023-2030 According to the latest publication from Meticulous Research , the Smart Irrigation Market is on a strong growth trajectory, projected to reach $10.2 billion by 2030, driven by a robust CAGR of 22.4% from 2024 2030. This growth is largely fueled by increasing needs for water efficiency and conservation, heightened government policies promoting sustainable agriculture, and the rising demand for soil moisture monitoring across various sectors such as agriculture, landscaping, and gardening. Request for Sample Report: https://www.meticulousresearch.com/request-sample- report/cp_id=5685? Technological Integration and Opportunities The incorporation of advanced technologies like IoT sensors, Wi-Fi, and GPS in irrigation controllers is creating significant opportunities for market expansion. The adoption of weather and sensor-based controllers is also expected to drive growth, as these technologies enhance water management and resource efficiency. Challenges to Market Growth Despite the positive outlook, the smart irrigation market faces challenges, including high installation costs and inadequate water infrastructure in developing regions, which could impede market growth. Market Segmentation Meticulous Research has segmented the smart irrigation market by type, component, irrigation type, end use, and geography. This segmentation allows for a detailed analysis of market trends and competitor strategies. Type-Based Segmentation The market is divided into weather-based and soil moisture-based irrigation types. In 2024, soil moisture-based irrigation is anticipated to hold the largest market share. This method, utilizing sensors to measure soil moisture and adjust irrigation accordingly, is favored for its cost-effectiveness, ease of use, and ability to provide continuous, accurate measurements. Irrigation Type Segmentation In terms of irrigation types, the market includes sprinkler, drip, surface, and pivot irrigation. Sprinkler irrigation is expected to dominate the market in 2024 due to its Page 1 of 3 Meticulous Research| sales@meticulousresearch.com
Smart IrrigationMarket2023-2030 widespread use in both agricultural and non-agricultural settings, driven by factors such as urbanization and the growing number of lawns and sports grounds. Component-Based Segmentation The smart irrigation market is also segmented by components into monitoring, controlling, connectivity, and software. Monitoring components are projected to lead the market share in 2024, thanks to their role in accurately regulating irrigation based on soil and weather conditions, which leads to significant water savings. End Use Segmentation The market is divided into agricultural and non-agricultural end uses. The non- agricultural segment is forecasted to hold the largest share in 2024, driven by the high number of golf courses, sports grounds, and gardens, particularly in developed countries. Smart irrigation systems with Wi-Fi capabilities are increasingly popular in these sectors. Geographical Insights Geographically, North America is expected to lead the market in 2024, driven by high demand for lawn and garden equipment and the widespread presence of golf courses and sports grounds. Conversely, Asia-Pacific is projected to experience the highest CAGR due to the growing adoption of modern irrigation techniques and strong governmental support. Key Players Key players in the smart irrigation market include Netafim Ltd. (Israel), The Toro Company (U.S.), Lindsay Corporation (U.S.), and Rain Bird Corporation (U.S.), among others. These companies are instrumental in advancing smart irrigation technology and expanding market presence. Buy Now:https://www.meticulousresearch.com/Checkout/17191833? About Meticulous Research Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium Page 2 of 3 Meticulous Research| sales@meticulousresearch.com
Smart IrrigationMarket2023-2030 market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 Meticulous Research| sales@meticulousresearch.com
