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Irrigation Automation Market Growth Key Players Analysis: Sizing Up Success and Forecasted Trends

Submitted by Yogi on Tue, 01/09/2024 - 21:32

The Irrigation Automation Market Growth was valued at USD 4.17 billion in 2022 and is projected to reach USD 15.01 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 17.37% during the forecast period from 2023 to 2030.

In recent years, the irrigation automation market has witnessed substantial growth, and this trend is expected to continue in the coming years. The market's value, which stood at USD 4.17 billion in 2022, is anticipated to soar to USD 15.01 billion by 2030. This remarkable growth can be attributed to the increasing adoption of automated irrigation systems across various industries.

Automated irrigation systems have gained significant popularity due to their ability to enhance water efficiency, reduce labor costs, and optimize crop yields. These systems utilize advanced technologies such as sensors, controllers, and communication devices to monitor and regulate the irrigation process. By automating irrigation, farmers and agricultural businesses can ensure precise water delivery, tailored to the specific needs of their crops, resulting in improved productivity and resource management.

Furthermore, the rising global population and the subsequent surge in food demand have placed immense pressure on the agricultural sector. To meet these growing demands, farmers are increasingly turning to irrigation automation as a means to maximize their crop production. This shift towards automated systems not only enables farmers to achieve higher yields but also minimizes water wastage, making it an environmentally sustainable solution.

Geographically, the irrigation automation market is witnessing significant growth across various regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Factors such as favorable government initiatives, technological advancements, and the need for efficient water management are driving the market's expansion in these regions.

In conclusion, the irrigation automation market is poised for substantial growth in the coming years. With its ability to enhance water efficiency, reduce labor costs, and optimize crop yields, automated irrigation systems have become a preferred choice for farmers and furthermore, the increasing awareness about the environmental impact of traditional irrigation methods and the growing adoption of smart farming techniques are expected to further fuel the demand for irrigation automation systems.

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KEY MARKET SEGMENTATION

By System

Automatic
Semi-automatic
By Component

Controllers
Sensors
Valves
Sprinklers
Others
By Automation Type

Time-based
Volume-based
Real-time-based
Computer-based Control System
By Irrigation Type

Sprinkler Irrigation
Drip Irrigation
Surface Irrigation
Others
By Application

Agricultural
Non-Agricultural

Key Players

The major players are Valmont Industries Inc., Hunter Industries, Rain Bird Corporation, Lindsay Corporation, Toro Company, Galcon, Jain Irrigation Systems, Netafim, Rubicon Water, Nelson Irrigation, Weathermatic, and others in the final report.

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Table of Contents

Introduction
Research Methodology
Market Dynamics
Impact Analysis
Value Chain Analysis
Porter’s 5 forces model
PEST Analysis
Irrigation Automation Market Segmentation, By System
Irrigation Automation Market Segmentation, By Component
Irrigation Automation Market Segmentation, By Automation Type
Irrigation Automation Market Segmentation, By Irrigation Type
Irrigation Automation Market Segmentation, By Application
Regional Analysis
Company Profile
Competitive Landscape
USE Cases and Best Practices
Conclusion

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