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Irrigation Automation Market Expected To Trigger A Revenue To $8.96 Billion By 2027 | Grand View Research, Inc.

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Irrigation Automation Market Expected To Trigger A Revenue To $8.96 Billion By 2027 | Grand View Research, Inc.

October 15
14:21 2020
Irrigation Automation Market Expected To Trigger A Revenue To $8.96 Billion By 2027 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global irrigation automation market size was valued at USD 2.65 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 16.8% from 2020 to 2027.

The global irrigation automation market size is anticipated to reach USD 8.96 billion by 2027, expanding at a CAGR of 16.8% from 2020 to 2027, according to a new report by Grand View Research, Inc. Government subsidies and incentives in the form of low-interest loans for implementing automated irrigation systems are expected to increase usage of these systems in the forthcoming years. Also, government projects such as smarter irrigation for profit led by the Rural Industries Research and Development Corporation (RIRDC), the Cotton Research and Development Corporation (CRDC), and Department of Agriculture and Water Resources assist farmers and commercial irrigation system providers to save time and water by adopting smart automated irrigation systems.

Furthermore, the Australian Federal, State, and Territory Governments have facilitated the automation of irrigation infrastructures such as improvements in on-farm irrigation hardware and distribution channels. This has led to more efficient water usage and some of the water saved is being used for environmental purposes. Moreover, improved irrigation methods are likely to have a long-term impact on saving water resources. Consequently, the use of communication sensors and remote sensing networks are evolving in the irrigation sector, which is expected to improve water usage patterns worldwide.

To Know More About Irrigation Automation Market, Access Sample Report @ https://www.grandviewresearch.com/industry-analysis/irrigation-automation-market/request/rs1

North America irrigation automation market size, by component, 2016 - 2027 (USD Million)

Increasing awareness among farmers about the advantages of adopting irrigation automation systems is a strong contributor to market growth. However, factors such as high cost associated with the installation of an irrigation system and lack of suitable infrastructure might impede the market growth over the forecast period. Furthermore, expanded penetration of solar-powered irrigation systems due to its low fuel costs and minimum maintenance requirement is likely to aid the market expansion at a strong rate over the next few years.

Irrigation Automation Market Report Highlights

l  The market is anticipated to witness substantial growth during the forecast period due to increasing water scarcity instances and shifting trend towards mechanization of agricultural processes across the globe

l  The time-based automation type segment accounted for the largest revenue share in 2019, owing to associated benefits such as control of the irrigation process, less labor cost, and less amount of fuel used, among others

l  The sensor segment is projected to exhibit significant growth during the forecast period from 2020 to 2027, owing to the benefits offered such as access to real-time soil moisture level and temperature data

l  The drip irrigation segment accounted for the largest revenue share in 2019 and is also anticipated to continue its dominance over the forecast period due to factors such as less water consumption ability, lower cost of drip systems, and longer life span

l  The non-agricultural segment led the market and accounted for the largest revenue share in 2019, owing to the upsurge in the number of golf courses, sports grounds, pastures, gardens, residential, and turf and landscapes across the globe

l  Asia Pacific dominated the market and accounted for over 22% revenue share in 2019, owing to the presence of the vast agricultural lands, strong government support, and lowering water levels in river basins

 Global irrigation automation market share, by application, 2019 (%)

Browse Details of Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/irrigation-automation-market

Irrigation Automation Market Segmentation

Grand View Research has segmented the global irrigation automation market based on automation type, component, irrigation type, application, and region:

Irrigation Automation Type Outlook (Revenue, USD Million, 2016 – 2027)

  • Time-based
  • Volume-based
  • Real-time-based
  • Computer-based Control System

Irrigation Automation Component Outlook (Revenue, USD Million, 2016 – 2027)

  • Controllers
  • Sensors
  • Valves
  • Sprinklers
  • Others

Irrigation Automation Irrigation Type Outlook (Revenue, USD Million, 2016 – 2027)

  • Sprinkler Irrigation
  • Drip Irrigation
  • Surface Irrigation
  • Others

Irrigation Automation Application Outlook (Revenue, USD Million, 2016 – 2027)

  • Agricultural
    • Open Fields
    • Greenhouses
  • Non-Agricultural
    • Golf Courses
    • Residential
    • Sports Grounds
    • Others

Irrigation Automation Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia

List of Key Players of Irrigation Automation Market

  • The Toro Company
  • Hunter Industries
  • Valmont Industries Inc.
  • Rain Bird Corporation
  • Jain Irrigation Systems
  • Lindsay Corporation
  • Netafim
  • Galcon
  • Rubicon Water
  • Nelson Irrigation

Key Topics Covered 

Table of Content

Chapter 1. Methodology and Scope
                    1.1. Market Segmentation & Scope
                    1.2. Market Definitions
                    1.3. Information Procurement
                         1.3.1. Purchased Database
                         1.3.2. GVR’s Internal Database
                         1.3.3. Secondary Sources & Third-Party Perspectives
                         1.3.4. Primary Research
                    1.4. Information Analysis
                         1.4.1. Data Analysis Models
                    1.5. Market Formulation & Data Visualization
                    1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segmental Outlook
Chapter 3. Market Variable, Trends & Scope
                    3.1. Irrigation Automation Market Trends
                         3.1.1. Technology Trends
                         3.1.2. Buyer Trends
                         3.1.3. Supplier Trends
                         3.1.4. Regulatory Trends
                    3.2. Irrigation Automation Market Dynamics
                         3.2.1. Market Driver Analysis
                         3.2.2. Market Opportunity Analysis

…. continue

Browse Related Reports :
Micro Irrigation Systems Market
By Product (Sprinkler, Drip, Central Pivot, Lateral Move), By Crop, By Application, By Region, And Segment Forecasts, 2016 – 2025:

https://www.grandviewresearch.com/industry-analysis/micro-irrigation-systems-industry

Micro and Mechanized Irrigation Systems Market By Product (Sprinkler, Drip, Central Pivot, Lateral Move), By Crop (Plantation Crops, Orchard Crops, Field Crops), By Application, By Region, And Segment Forecasts, 2018 – 2025:

https://www.grandviewresearch.com/industry-analysis/micro-mechanized-irrigation-systems-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/irrigation-automation-market


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