Smart Irrigation Solutions Market

What Investment Opportunities Will Emerge in the Smart Irrigation Market to Be Worth $10.2 Billion by 2030?

Smart IrrigationMarket2023-2030 Meticulous Research has recently released a comprehensive report titled Smart Irrigation Market by Type (Weather Based, Soil Moisture Based), Component (Monitoring, Controlling, Connectivity, Software), Irrigation Type (Sprinkler, Drip, Surface, Pivot), End Use, and Geography - Global Forecast to 2030.' Request for Sample Report: https://www.meticulousresearch.com/request-sample- report/cp_id=5685? The report highlights that the smart irrigation market is expected to reach a valuation of $10.2 billion by 2030, expanding at a CAGR of 22.4% between 2024 and 2030. Key drivers for this growth include the increasing need for water efficiency and conservation, government policies promoting sustainable agriculture, and the rising demand for soil moisture monitoring in agricultural, landscaping, and gardening applications. Additionally, the integration of advanced technologies such as IoT sensors, Wi-Fi, and GPS into irrigation systems further propels market growth, creating new opportunities for smart irrigation solutions. Challenges in the Market Despite the positive outlook, the high cost of installation and the lack of water infrastructure in developing regions are noted as significant barriers to market growth. These factors limit the adoption of smart irrigation systems in certain areas, particularly in regions where infrastructure development lags behind. Segment Analysis by Type Smart irrigation systems are categorized based on two main types: weather-based and soil moisture-based irrigation. By 2024, the soil moisture-based irrigation segment is expected to dominate the market due to its ability to measure soil moisture levels and adjust irrigation schedules accordingly. This technology enhances water use efficiency and supports healthier plant growth, making it a popular choice for both small-scale residential landscapes and larger managed areas. Irrigation Type Insights When analyzed by irrigation type, the report identifies that sprinkler irrigation will continue tohold the largest market share in 2024, driven by its widespread use in both agricultural and non-agricultural settings. Factors such as growing urbanization, the expanding population, and the increasing number of gardens, sports fields, and lawns all contribute to this segment's growth. Meanwhile, the drip irrigation segment is Page 1 of 3 Meticulous Research| sales@meticulousresearch.com

Smart IrrigationMarket2023-2030 expected to experience the fastest growth rate, owing to its suitability for food crop cultivation and its ability to reduce water consumption while increasing crop yields. Component Insights In terms of components, the monitoring segment is projected to lead the market, with increasing deployments of sensors used for monitoring and regulating irrigation systems. These sensors enable the efficient management of water resources by providing real-time data on soil and plant conditions, which helps optimize water usage and ensures long-lasting performance. End-Use Insights The smart irrigation market is segmented into agricultural and non-agricultural applications. By 2024, non-agricultural uses, including sports fields, golf courses, and gardens, are expected to command the largest market share. The increased adoption of Wi-Fi-enabled irrigation controllers, along with smartphone management capabilities, is helping drive demand in this sector. These advanced systems ensure efficient water management for various landscapes, improving the sustainability of non-agricultural irrigation practices. Geographical Outlook Regionally, North America is expected to maintain its leading position in the smart irrigation market in 2024, owing to a high demand for lawn and garden equipment, the large number of sports fields, and widespread adoption of smart irrigation controllers. Meanwhile, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period, fueled by factors such as government support for modern irrigation methods, population growth, and the increasing need to enhance agricultural productivity and reduce water waste. Key Industry Players Prominent companies in the smart irrigation market include Netafim Ltd. (Israel), The Toro Company (U.S.), Lindsay Corporation (U.S.), Rain Bird Corporation (U.S.), and Valmont Industries, Inc. (U.S.). These key players are driving innovation and market expansion through the integration of advanced technologies and sustainable practices. Buy Now:https://www.meticulousresearch.com/Checkout/17191833? About Meticulous Research Page 2 of 3 Meticulous Research| sales@meticulousresearch.com

Smart IrrigationMarket2023-2030 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 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