Global Smart Irrigation Market Is Expected to Reach USD 1561 Million by Forecast to 2022

Pune, Maharashtra -- (SBWire) -- 04/14/2017 --Market Highlights:

In this fast growing environment, companies are increasing investments in internet of things (IoT), and innovation. In Smart irrigation market innovation is a key driver. In this changing environment with an increase of demands of efficient water management, intelligent use of water and others there is a need of adopting the Smart irrigation systems. The increasing focus of government in building smart cities is predicted to drive smart irrigation demand as it is an integral part of the smart city projects.

The Smart Irrigation Market is growing rapidly over 17% of CAGR and is expected to reach at USD 1561 million by the end of forecast period.

Major Key Players:
-Hydro Point (U.S.)
-Rain Bird Corporation (U.S.)
-Toro Company (U.S.)
-Hunter Industries (U.S.)
-Baseline Inc. (U.S.) AquaSpy (U.S.)
-Hortau (U.S.)
-Libelium (Spain)
-Aquacell Systems (Australia)

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Smart irrigation Market Segmentation:

The Smart irrigation Market has been segmented on the basis of type, component and application. On basis of type the Smart irrigation consists of weather-based irrigation system and soil-based irrigation system. The study indicates that weather based irrigation system would grow at a highest rate in the smart irrigation market by the forecast period. Whereas based on components segment, Smart irrigation systems consists of sensors, water network meters and others. The sensors are expected to have the largest market share in the smart irrigation market.

The prominent players in the Smart irrigation market are- HydroPoint (U.S.), Rain Bird Corporation (U.S.), The Toro Company (U.S.), Hunter Industries (U.S.), Baseline Inc. (U.S.) AquaSpy (U.S.), Hortau (U.S.), Libelium (Spain), Aquacell Systems (Australia) among others.

Market Research Analysis:

Market Research Future Analysis shows that that developments in smart city concept result in the demand for efficient water management which results in significant growth of Smart irrigation market. The major benefits of Smart irrigation are it can optimize water levels based on things such as soil moisture and weather predictions, reduce annual water usage at a high rate and others. These factors are responsible for the increase the Smart irrigation market.

Regional Analysis:

The regional analysis of Smart irrigation market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. North America region is expected to dominate in the Smart irrigation market by the forecast period owing to the increasing concern for water conservation and to minimize the wastage of resources by the governments in North America.

The study reveals that government initiatives towards smart irrigation in North America region is driving the smart irrigation market in this region. Asia-Pacific countries like China, Japan, India and Korea are expected to show a sudden hike in the smart irrigation market. The study reveals that Asia-Pacific region would evolve as the fastest growing region in the smart irrigation market.

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Intended Audience:
-OEMs
-Landscape maintenance personnel
-End users
-Technology investors
-Technology developers
-Irrigation consultants
-Sensor manufacturers

Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation

List of Tables
Table 1 Smart Irrigation Market, By Component
Table 2 Smart Irrigation Market, By Application
Table 3 Smart Irrigation Market, By Type
Table 4 Smart Irrigation Market, By Regions

List of Figures
Figure 1 Research Network Solution
Figure 2 Smart Irrigation Market: By Component (%)
Figure 3 Smart Irrigation Market: By Application (%)
Figure 4 Smart Irrigation Market: By Type (%)

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