New York, NY -- (SBWIRE) -- 05/31/2019 -- Latest Survey on Intelligent Irrigation System Market
As per 2016 UN estimates, the global population is expected to reach 9.3 billion by 2050. Its combined impact with urbanization and the growing middle class is bound to generate high demand for sustainable food; the current food production will need to double by 2050 to meet the global demand. Smart and intelligent irrigation solutions in agriculture will prove instrumental in meeting these goals by optimizing agricultural practices.
With increasing advancements in sensor technologies, intelligent irrigation systems of the future are becoming more effective. Even in domestic end-uses such as gardens, parks, and schoolyards, intelligent irrigation has been witnessing increasing adoption. Intelligent irrigation has completely changed conventional farming's dependence on monsoon conditions. Technologically-advanced products in the intelligent irrigation systems market have been leading to enhanced yields in agricultural produce. The forecast presented in the report suggests that the intelligent irrigation market is estimated to grow at a CAGR of 14.5% during the forecast period.
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The global intelligent irrigation system market accounted for over USD 595.5 million in 2017 and is expected to grow at a CAGR of 13.00% during the forecast period, 2019–2026.
Global Intelligent Irrigation System Market Report (Industry Analysis, Applications, Growth, Trends) and Future Forecast (2016-2026) is the latest report published by Straits Research which is committed to delivering details of the Intelligent Irrigation System industry.
Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across the various regions where the Intelligent Irrigation System industry is growing steadily. The report has taken a deep dive into the market and has extracted the data from secondary and primary sources.
Some of the major players covered in this study on the global intelligent irrigation system market are Rain Bird Corporation (U.S.), Libelium (Spain), Netafim (Israel) HydroPoint (U.S.), The Toro Company (U.S.), AquaSpy (U.S.), Aquacell Systems (Australia), Baseline Inc. (U.S.), Hortau (U.S.), and Hunter Industries (U.S.).
The Intelligent Irrigation System Market is segmented into different sections such as by type, by application, by end users, and by regions. The report about the Intelligent Irrigation System industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters are models are used which include SWOT analysis, Porters five force model, and pestle analysis.
Development in technology and innovations have created an educated workforce which ultimately witnessed in increasing per capita income and this particular factor has positively impacted on the growth of the Intelligent Irrigation System market since the past few years.
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Market Segmentation:
By Type, Soil Moisture-Based Irrigation Systems, Weather-Based Irrigation Systems, ,
By Component, Controller System, Soil Moisture Sensor, Rain/Freeze Sensor, Flow Management Solution, Others,
By Application, Water Resource Management, Soil Management, Ground Water Management
The competitive landscape:
The competitive landscape of the Intelligent Irrigation System market is a highly crucial section of the report that creates a firm portrait of the market's key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.
Why purchase this report?
Historical inferences, findings & analysis of the Intelligent Irrigation System market from 2016 to 2018
Projections and performance forecast analysis for the future from 2019 to 2026
Production and consumption point of view (POV) analysis
Intelligent Irrigation System Market drivers, restraint and opportunity analysis, to define Intelligent Irrigation System market dynamics covering industry, regulatory, innovation, technological & pricing trends
Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Intelligent Irrigation System market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.
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