Global Smart Irrigation Market Research Report by Forecast to 2022
Pune, Maharashtra -- (SBWIRE) -- 05/04/2017 -- Market Highlights:
Smart irrigation refers to the use of landscape irrigation controllers and devices which reduce water use by monitoring and using real time information about the site conditions as a basis for irrigation scheduling. Smart irrigation is basically intelligent use of water. As the population grows, limited water sources strain to keep up with demand. Apart from it the cost of water and the power to move it is rising annually therefore there is a desperate need for smart irrigation.
The study reveals that the traditional systems have many drawbacks, they supply two or three times the amount of water actually required for the landscape. The latest innovation in irrigation is the smart sprinkler controller, a device that gives your plants the right amount of water for the time of year, climate and weather.
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.
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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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.
- Landscape maintenance personnel
- End users
- Technology investors
- Technology developers
- Irrigation consultants
- Sensor manufacturers
Table of Contents
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure
List of Tables
Table 1 Smart Irrigation Market, By Component
Table 2 Smart Irrigation Market, By Application
List of Figures
Figure 1 Research Network Solution
Figure 2 Smart Irrigation Market: By Component (%)
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