Market Size – USD 965.8 million in 2019, Market Growth – CAGR of 15.5%, Market Trends –Development of smart cities across several countries in the world
The global Smart Irrigation Market will be worth USD 2,877.9 Million by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the increasing adoption of IoT based smart irrigation devices by farmers and growers to produce healthier crops. The growing implementation of information communication technologies and IoT is expected to drive market growth over the forecast period. The cost benefits gained due to the usage of automated irrigation infrastructure are among the key driving factors of the industry.
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Key Highlights From The Report
Emergen Research has segmented the global Smart Irrigation Market on the basis of System Type, Component, Application, and region:
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)
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Key Factors influencing market remuneration:
Table of Content
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Smart Irrigation Market Segmentation & Impact Analysis 4.1. Smart Irrigation Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Growing need for efficient irrigation system 4.2.2.2. Rising R&D for the development of new technologies 4.2.2.3. Increasing government initiatives regarding water conservation 4.2.2.4. Convenience of remote access and innovation in technology 4.2.3. Market restraints analysis 4.2.3.1. High technological cost of the system 4.2.3.2. High cost for implementation of the system in fragmented land owned by the same entity 4.2.3.3. Lack of skillsets and technical knowledge among farmers 4.2.3.4. Present challenging economic conditions due to the pandemic 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
Chapter 5. Smart Irrigation Market By System Type Insights & Trends, Revenue (USD Million), Volume (Kilo Tons) 5.1. System Type Based Dynamics & Market Share, 2019 & 2027 5.1.1. Sensor-based system 5.1.2. Weather-based system
Chapter 6. Smart Irrigation Market By Component Insights & Trends Revenue (USD Million), Volume (Kilo Tons) 6.1. Component Dynamics & Market Share, 2019 & 2027 6.1.1. Sensors 6.1.2. Controllers 6.1.3. Water Flow Meters 6.1.4. Others (Wireless communication equipment, routers, gateways)
CONTINUED…!!
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