Smart Irrigation Market Size, Revenue Analysis, Industry Outlook, Forecast, 2022-2030

The most recent market research study from Emergen Research is focused on the global Smart Irrigation Market and offers in-depth analysis of all of its key segments. The size of the market, the rate of revenue growth, industry statistics, revenue splits by regional markets, gross margins, production costs, and product portfolios are all included in reports about the global Smart Irrigation market. The most significant drivers, opportunities, trends, challenges, supply and demand ratios, production and consumption patterns, stringent regulatory frameworks, and a wide range of micro- and macro-economic aspects are also highlighted in the research. The writers of the research have included Smart Irrigation industry estimates and qualitative and quantitative appraisals.

Some of the most crucial parts of this study that shed light on the fiercely competitive climate of the market are the SWOT analysis and Porter's Five Forces Analysis. The research presents a thorough study of the global Smart Irrigation market, comprising North America, Europe, Latin America, Asia Pacific, and the Middle East Africa. This paper looks at other important characteristics of regional markets in addition to the drivers and restraints of revenue growth, production and consumption patterns, shifting consumer tastes, and strict regulatory standards.

The global smart irrigation market size reached USD 1,476.3 Million in 2021 and is expected to register a revenue CAGR of 15.2% during the forecast period, according to latest analysis by Emergen Research. Increasing development of smart cities and increasing need to save water and reduce related expenses are key factors projected to support market revenue growth between 2022 and 2030. In addition, increasing need for water management for the future will drive revenue growth of the market.Smart irrigation refers to the use of advanced technologies and connected devices and equipment to monitor, analyze, and control operations in smart agriculture. Water wastage is a serious issue in the agricultural and non-agricultural industries. Better water management methods are required to alleviate the problem. Smart irrigation is an ideal solution to the problem as it will reduce the need for human supervision or intervention, which will aid in transforming the system from static and manual to dynamic and intelligent. This will enable monitoring and regulating the watering process as per need, which will result in more efficient water usage and cost efficiency.

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The paper provides accurate analysis of the COVID-19 impact on the Smart Irrigation market and updated information regarding the ongoing COVID-19 epidemic. The impact of COVID-19 on the market and its key segments is highlighted in the report. According to the analysis, one of the key factors for the market's likely fall in the upcoming years is the present pandemic. The pandemic has had a significant impact on business, which has negatively changed demand trends and market dynamics. The pandemic's financial challenges have slowed down corporate growth across the board and impacted international supply lines. The paper also assesses how COVID-19 may affect the Smart Irrigation market in the future.

Target Audience of the Global Smart Irrigation Market Report:

Key Market Players
Investors
Venture capitalists
Small- and medium-sized and large enterprises
Third-party knowledge providers
Value-Added Resellers (VARs)
Global market producers, distributors, traders, and suppliers
Research organizations, consulting companies, and various alliances interested in this sector
Government bodies, independent regulatory authorities, and policymakers

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Major Geographies Analyzed in the Report:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Leading companies operating across the global Smart Irrigation market:

Toro Manufacturing LLC, Netafim, Ltd., Hunter Industries, Inc., Rain Bird Corporation, Galcon Controller Agricultural Cooperative Society, Ltd., Telsco Industries, Inc., Hydropoint Data System, Inc., Rachio, Inc., Stevens Water Monitoring Systems, Inc., and Banyan Water, Inc

Segments Covered in this report are:

System Type Outlook (Revenue, USD Million; 2019–2030)
- Sensor-based
- Weather-based

Component Outlook (Revenue, USD Million; 2019–2030)
- Sensors
- Controllers
- Water Flow Meters
- Others

Application Outlook (Revenue, USD Million; 2019–2030)
- Agricultural
- Non-Agricultural
- Others

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Additional information offered by the report:

In addition to a comprehensive review of the global Smart Irrigation market, the study offers a close examination of the various market trends seen at the local, national, and international levels.

The study goes into detail on the size and share of the global Smart Irrigation market as it relates to the key geographic areas.

It carries out exact cost analysis, micro- and macroeconomic indicator analysis, and market growth forecast analysis.

It also provides a thorough explanation of the top market competitors' corporate profiles.

Valuable Market Insights:

The report highlights the latest trends observed in the consumption pattern of each regional segment.

Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.

The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Smart Irrigation market.

The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

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