Selbyville, Delaware, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Automated Irrigation Systems market was valued at USD 4.2 billion in 2023 and is projected to be worth USD 16.7 billion by the end of 2032, as per a recent study by Global Market Insights Inc.
Technological advancements, particularly in IoT, sensors, and cloud-based platforms, are reshaping automated irrigation systems. With IoT, farmers gain real-time oversight and control of their irrigation, leading to optimized water use and heightened efficiency. Sophisticated sensors deliver accurate data on soil moisture, weather, and crop requirements, ensuring timely irrigation. Cloud platforms further enhance this by allowing remote management and data analytics, empowering farmers to make informed decisions and boost productivity. These technologies also enable predictive maintenance and seamless integration with other smart farming solutions, underscoring their appeal and driving market growth. In June 2024, TECH-INNOV made strides in Niger, unveiling its "Wahaless Smart Farming" initiative. This advanced system, featuring the Tele-Irrigation 2.0 tool, emphasizes optimized water usage.
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The automated irrigation systems industry is classified into automation type, component, irrigation, application, and region.
The automated irrigation systems market categorizes automation types into time-based, volume-based, real-time feedback, and computer-based control. In 2023, time-based systems held a dominant market share of over 34%, with projections surpassing USD 5.9 billion by 2032. This dominance stems from their simplicity, cost-effectiveness, and user-friendliness. Operating on pre-set schedules, these systems cater to a diverse audience, spanning from small residential users to expansive agricultural fields.
The automated irrigation systems market segments applications into agricultural fields, greenhouses, residential, commercial, golf courses, and more. In 2023, agricultural fields commanded approximately 43% of the market share. This dominance is attributed to the pressing need for efficient water management in extensive farming. Automated systems not only optimize water use but also bolster crop yields and curtail wastage. Furthermore, global food demand, water scarcity challenges, and a push towards sustainable farming will amplify the segment growth.
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In 2023, North America automated irrigation systems market held a significant share of over 36%, with forecasts suggesting it will exceed USD 6.2 billion by 2032. The region's emphasis on advanced agricultural practices has fostered both water conservation awareness and technological innovations. The U.S. stands at the forefront, buoyed by hefty investments in agricultural technology and governmental backing for sustainable practices. The nation's commitment to curbing water waste and amplifying crop productivity also serves as a catalyst for market expansion.
Automated Irrigation Systems Market Players
Companies including Lindsay Corporation, Valmont Industries, Inc., The Toro Company, Netafim Ltd., Hunter Industries, Rain Bird Corporation, Jain Irrigation Systems Ltd., Weathermatic, Hydropoint Data Systems, Inc., Nelson Irrigation Corporation are some firms working in automated irrigation systems industry.
The automated irrigation systems market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) from 2021 to 2032, for the following segments:
Market, By Automation Type
- Time-based
- Volume-based
- Real-time feedback
- Computer-based control
Market, By Component
- Controlle
- Smart controllers
- Programmable controllers
- Climate-based controllers
- Soil moisture-based controllers
- Sensors
- Soil moisture sensors
- Rain sensors
- Temperature sensors
- Weather sensors
- Valves
- Electric valves
- Manual valves
- Solenoid valves
- Sprinklers and emitters
- Fixed sprinklers
- Rotary sprinklers
- Micro-sprinklers
- Drip emitters
- Pumps
- Others
Market, By Irrigation
- Sprinkler irrigation
- Drip irrigation
- Surface irrigation
- Subsurface irrigation
Market, By Application
- Agricultural fields
- Greenhouses
- Residential
- Commercial
- Golf courses
- Others
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
