The global Irrigation Automation market size is expected to be worth around US$ 8.95 billion by 2027, according to a new report by Vision Research Reports.
The global Irrigation Automation market size was valued at US$ 2.66 billion in 2019 and is anticipated to grow at a CAGR of 16.9% during forecast period 2020 to 2027.
Growth Factors
Government subsidies and incentives in the form of low-interest loans for implementing automated irrigation systems are expected to increase usage of these systems in the forthcoming years. Also, government projects such as smarter irrigation for profit led by the Rural Industries Research and Development Corporation (RIRDC), the Cotton Research and Development Corporation (CRDC), and Department of Agriculture and Water Resources assist farmers and commercial irrigation system providers to save time and water by adopting smart automated irrigation systems.
Furthermore, the Australian Federal, State, and Territory Governments have facilitated the automation of irrigation infrastructures such as improvements in on-farm irrigation hardware and distribution channels. This has led to more efficient water usage and some of the water saved is being used for environmental purposes. Moreover, improved irrigation methods are likely to have a long-term impact on saving water resources. Consequently, the use of communication sensors and remote sensing networks are evolving in the irrigation sector, which is expected to improve water usage patterns worldwide.
Increasing awareness among farmers about the advantages of adopting irrigation automation systems is a strong contributor to market growth. However, factors such as high cost associated with the installation of an irrigation system and lack of suitable infrastructure might impede the market growth over the forecast period. Furthermore, expanded penetration of solar-powered irrigation systems due to its low fuel costs and minimum maintenance requirement is likely to aid the market expansion at a strong rate over the next few years.
Report Highlights
The time-based automation type segment led the market and accounted for more than 31% of the global revenue in 2019. The high share is primarily attributable to the benefits such as full control of the irrigation process, less labor cost, and less amount of fuel used, among others. The time-based automation system allows the user to control, intervene, and monitor crops at a regular interval of time at different irrigation stages. Therefore, the time-based system is more adapted for the productivity of the harvest.
The controller segment led the market and accounted for more than 31% of the global revenue share in 2019. The high share of the segment is attributable to the increasing demand for semi-automatic systems, including volume-based and time-based systems, which has led to a rise in demand for controllers in the overall market. Controllers help in providing the required amount of water at the right time according to the desired schedule. Also, controllers direct the entire irrigation process, directed by sensors that help fetch real-time data about the weather, soil, and plant, directly affecting the irrigation process.
The sensors segment is expected to emerge as the fastest-growing segment registering a CAGR of around 17% from 2020 to 2027. Sensors help in gaining real-time soil moisture levels and determining irrigation needs. Sensors improve connectivity and access real-time data via an installed app or a web-based interface to irrigators on their smartphones. Furthermore, with precise soil moisture temperature and measurement predicted solutions through sensors, dripping systems and sprinklers can work simultaneously with automated technology, thereby resulting in higher productivity with a minimal manual workforce. Therefore, the factors mentioned above are anticipated to support the sensor segment growth over the forecast period.
The drip irrigation type segment led the irrigation automation market and accounted for more than 34% of the global revenue share in 2019. The segment is anticipated to continue its dominance over the forecast period due to the system’s long life span of almost ten years. This makes it a durable irrigation system with high operating efficiency, resulting in higher consistency in yields. Also, drip irrigation systems eliminate water wastage in terms of field run-off and evaporation. Moreover, factors such as less water consumption ability and lower cost of drip systems are other key factors that drive the segment growth. Therefore, the drip irrigation system is considered the most efficient means of irrigation across the globe except in some Asia Pacific countries, including Japan and China, where high water demanding crops like rice are sown.
The sprinkler irrigation type segment is projected to exhibit a significant CAGR of more than 17% from 2020 to 2027. Sprinkler helps in moving water over vast distances, thereby improving water consumption efficiency. Also, sprinklers can be incorporated with weather-based intelligent systems, which respond precisely to the real-time weather conditions and are supported by smartphones, offering full control of the irrigation process to the operator. Moreover, the benefits of safety, convenience, and aesthetics provided by the sprinkler irrigation system are the other factors increasing their demand in the overall market.
The non-agricultural application segment is expected to emerge as the fastest-growing segment registering a CAGR of around 17.4% from 2020 to 2027. The growth is attributable to the upsurge in golf courses, sports grounds, pastures, gardens, residential, and turf and landscapes across the globe. The irrigation automation systems ensure on-time watering with the required amount of water in these non-agricultural applications while decreasing the water bills. Also, automatic irrigation systems in golf courses allow the growers and owners to modify the irrigation based on time or volume and control it remotely.
The agricultural application was the largest segment and accounted for more than 58% of the global revenue in 2019. Agriculture is one of the key occupations in several regions. This factor is anticipated to fuel the growth of the segment. Also, standardized and low production cost makes it affordable for consumers in emerging countries of Latin America and Asia Pacific. The use of automation irrigation saves time and labor. Therefore, this technology is preferred by large farmers and agricultural parks across the globe.
The Asia Pacific region dominated the market with a revenue share of over 27% in 2019. Furthermore, the region is anticipated to continue its dominance over the forecast period due to factors such as the presence of the vast agricultural lands, rapidly changing climatic conditions, strong government support, increased need for reducing wastage of water, and advancement in irrigation instruments. Also, lowering water levels in the region's river basins is forcing people towards sensor-based irrigation systems.
The North America region is projected to exhibit a significant CAGR of around 16.8% from 2020 to 2027. The growth is characterized primarily by the presence of key market participants in the region such as The Toro Company; Valmont Industries Inc.; Rain Birds; Lindsay Corporation; and Nelson Irrigation Corporation. Strict government regulations for reducing water footprint, especially in the U.S., are expected to boost the market growth. The Middle East and Africa region is also anticipated to witness a notable growth as automated irrigation systems have significantly strengthened the green revolution in Israel.
Key Players
The Toro Company
Hunter Industries
Valmont Industries Inc.
Rain Bird Corporation
Jain Irrigation Systems
Lindsay Corporation
Netafim
Galcon
Rubicon Water
Nelson Irrigation
Market Segmentation
Automation Type Outlook
Time-based
Volume-based
Real-time-based
Computer-based Control System
Component Outlook
Controllers
Sensors
Valves
Sprinklers
Others
Irrigation Type Outlook
Sprinkler Irrigation
Drip Irrigation
Surface Irrigation
Others
Application Outlook
Agricultural
Open Fields
Greenhouses
Non-Agricultural
Golf Courses
Residential
Sports Grounds
Others
Regional Outlook
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Russia
Asia Pacific
China
India
Japan
Australia
South America
Brazil
Argentina
Middle East & Africa
South Africa
Saudi Arabia
The Irrigation Automation market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Irrigation Automation market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Irrigation Automation market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Irrigation Automation market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Irrigation Automation market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Irrigation Automation capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Irrigation Automation by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Irrigation Automation market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Irrigation Automation market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Irrigation Automation market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Irrigation Automation industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Irrigation Automation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Irrigation Automation market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Irrigation Automation market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Irrigation Automation market. These factors have benefited the growth of the global market for Irrigation Automation. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Irrigation Automation. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Irrigation Automation are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers