Global Irrigation Automation Market Overview
The key driver impacting the irrigation automation market is the augmented mechanization and high adoption of smart technologies for agricultural activities. It is due to escalating water crisis together with unpredictable rainfall patterns. For instance, the water crisis is the 5th global risk in terms of impacting society as per the world economic forum report. FAO estimated that irrigated food production would augment by more than 50% by 2050, and the amount of water withdrawn by agriculture can be raised by 10%. It is when making the availability of improved irrigation practices and high yields. As per the International Water Management Institute, agriculture presents around 70% of worldwide water withdrawals. It is continually competing with industrial, domestic, and environmental uses for a scant water supply. In an effort to fix this ever-increasing problem, there is a need for more effective and advanced methods of water management and irrigation management. Moreover, the advancement in irrigation techniques leads to reduced water wastage, labor expenses, and constant monitoring of irrigation automation systems contributes to the irrigation automation market's growth in the coming years.
According to Value Market Research, the global irrigation automation market size was valued at around USD 2750 million in 2020 and is estimated to grow at a CAGR of about 16.5% during the forecast period 2021 to 2027.
The numerous governments that support the installation of irrigation automation systems and take initiatives to promote water conservation globally are estimated to augment irrigation automation needs in the forecast period. For example, in September 2019, the Western Australia Government provided up to 600 rebates rebate for Waterwise weather smart irrigation controller to Perth’s residential customers. On 1st July 2015, the Indian government has started Pradhan Mantri Krishi Sinchai Yojana (PMKSY) with the ‘Har Khet Ko Paani’ motto to offer end-to-end solutions in the irrigation supply chain viz. water sources, distribution network, and farm-level applications. However, the high costs related to the installation may hamper the market in the long run. Also, the lack of technical knowledge among users negatively impacts the market. The current industry trends, such as the increasing adoption of modern techniques for irrigation in developing countries and growing awareness among farmers about the benefits of automated irrigation technologies, are expected to offer new market opportunities for the key players.
The irrigation automation market is vast, with many local and global players. The irrigation automation market is extensive, with many international and regional players. The key market leaders follow several strategies to improve their market statuses, such as extending product portfolio, amalgamation, contracts, acquisitions, product upgrades to enlarge their market share across the globe. The important players studied in the report are The Toro Company, Valmont Industries Inc., Hunter Industries, Jain Irrigation Systems, Netafim, Rubicon Water, Lindsay Corporation, Rain Bird Corporation, Galcon, and Nelson Irrigation.
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In this research report, the irrigation automation market is segmented by automation type, components, irrigation type, application, and region.
Analysis by Automation Type:
By automation type, the report is categorized into time-based, volume-based, real-time-based, and computer-based control systems. Time-based dominates the automation type segment with over 30% share in 2020. It is due to the enormous benefits associated with the time-based automation, such as complete control on the irrigation process, less labor cost, and less amount fuel used, etc. Moreover, the time-based automation system enables the user to intervene, control, and monitor crops at a regular time interval on different irrigation stages, thus contributes to the growth of the time-based automation type segment in the forecast period.
Analysis by Components:
By diagnosis, the report is categorized into controllers, sensors, valves, and sprinklers, and others. Controllers dominate the diagnosis segment with over 30% share in 2020. It is due to the high demand for semi-automatic systems, such as time-based systems and volume-based systems, which has led to a rise in demand for controllers in the whole market. Moreover, controllers assist in providing the necessary amount of water at the right time according to the desired schedule. It also directs the complete irrigation process, which aids to fetch real-time data about the soil, weather, and plant, which creates a high demand for controllers in the irrigation process.
Analysis by Irrigation Type:
By Irrigation Type, the report is categorized into sprinkler irrigation, drip irrigation, surface irrigation, and others. Drip irrigation dominates the irrigation type segment with over 35% share in 2020. It is due to the system’s long life span (ten years) system’s which makes it durable and highly efficient in operating, resulting in higher consistency in yields. Moreover, efficient means of irrigation across the globe due to less water consumption ability and lower cost of drip systems contribute to the increased market demand in the forecast period.
Analysis by Application:
By application, the report is categorized into Agricultural and Non- agriculture. Agricultural dominates the application segment with over 59% share in 2020. It is due to the use of automation irrigation saves time and labor, which makes large farmers and agricultural parks adopt this technology. Moreover, the mounting cost of water and electricity and increasing awareness of climate change have encouraged home gardeners and greenhouse owners to implement tools and methods for increasing production efficiency. Thus, contribute to the increased market demand from the agricultural sector in the forecast period.
Analysis by Region:
In the regional outlook of the global Irrigation automation market, the Asia Pacific region dominates globally with a 25% market share in the forecast period. It is due to the presence of vast agricultural lands, and rapidly changing climatic conditions, and advancement in irrigation instruments. The strong government support, with the growing need for dipping wastage of water, is adding growth to the regional market. Moreover, reduced water levels in the region's river basins force farmers to adopt sensor-based irrigation systems, thus contributing to market growth across the Asia Pacific.
Market Segmentation covered in the Report:
By Automation Type
- Computer-based Control System
By Irrigation Type
- Sprinkler Irrigation
- Drip Irrigation
- Surface Irrigation
- Golf Courses
- Sports Grounds
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.