Industry Analysis

CRI Report: smart irrigation market to reach $2,747.80 million in 2026

The global smart irrigation market is estimated to reach $2,747.80 million in 2026, reveals the premium market intelligence study by Our Research Team. The study also highlights that the market is set to witness a CAGR of 13.69% during the forecast period 2021-2026.

A major factor driving the global smart irrigation market is the emergence of smart farming and smart irrigation technologies, and it is expected that the demand for smart irrigation models is going to increase. Therefore, the decreasing cost of components acts as a driver for the adoption of smart irrigation tools and techniques in the market.

This report will help with the following objectives:

• The report covers product, application, and regional market estimations for the smart irrigation market.
• Extensive competitive benchmarking of the top 15 players has been done to offer a holistic view of the global smart irrigation market landscape.

According to Rakhi Tanwar, Principal Analyst, Our Research Team, “The smart irrigation market is expected to be a great replacement for the conventional irrigation practices. Through an adoption of smart irrigation technologies and implementation of governments’ initiatives, the global issue of water wastage and meeting sustainability guidelines can be met.”

Key Companies Operating in the Market

Key players in the global smart irrigation market analyzed and profiled in the study involve smart irrigation product manufacturers that provide controllers, sensors, and other systems. Moreover, a detailed competitive benchmarking of the players operating in the global smart irrigation market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Some key players operating in the global smart irrigation market are Banyan Water, Inc., Caipos GmbH, Calsense, ET Water Systems, Inc., Galcon, Hunter Industries, HydroPoint, Jain Irrigation, Inc., Netafim, Orbit Irrigation Products LLC, Rachio inc., and Rain Bird Corporation.

Key Questions Answered in the Report

• What is the estimated global smart irrigation market size in terms of revenue for the forecast period 2021-2026, and what is the expected compound annual growth rate (CAGR) during the forecast period 2021-2026?
• What are the key trends, market drivers, and opportunities in the market about the smart irrigation market?
• What are the major restraints inhibiting the growth of the global smart irrigation market?
• What kinds of new strategies are being adopted by the existing market players to strengthen their market position in the industry?
• What is the competitive strength of the key players in the smart irrigation market based on the analysis of their recent developments, product offerings, and regional presence?
• What is the competitive benchmarking of the key smart irrigation companies in the agriculture market based on the analysis of their market coverage and market potential?
• What is the market share analysis in each segment expected to record during the forecast period, along with the growth percentage? The segments are as follows:
o Product, including component (controller, sensor, water flow meter, and others), by system (weather-based controller system and sensor-based controller system), and by business model (irrigation-as-a-product and irrigation-as-a-service)
o Application, including (agricultural and non-agricultural), by agricultural (open field and plant factory), by non-agricultural (residential, golf course and sports grounds, and turf and landscape)
o Region, including North America, the U.K., Europe, Asia-Pacific, China, Middle East and Africa, and South America
• What is the type of players operating in the market ecosystem of smart irrigation, and what is their significance in the global market?
Buy the report: Smart Irrigation Market – A Global and Regional Analysis: Focus on Application, Product, and Country-Wise Analysis – Analysis and Forecast, 2021-2026

    Request a sample