Smart irrigation industry: A research & innovation vision for 2024
July 13, 2018
Smart Irrigation Market Report, By Irrigation Control, Component, Application and Geography - Global Market Share, Trend Analysis & Forecast Up To 2024
Smart irrigation is a technique used to provide a water delivering schedule to the crops and ensure all the crops have enough water for their healthy growth, to reduce the amount of water wasted in irrigation, and to minimize the economic cost for the users. It is an automated irrigations system with electronic sensors and its control with smartphones.
Moreover, this technology helps to measure and maintain temperature and soil humidity using temperature and humidity sensors.
The global market is estimated and forecasted in terms of revenue (USD million) generated by the smart irrigation market from 2019 to 2024. The smart irrigation market is majorly driven by rising concern toward wastage of water resource and increasing government focus towards water conservation. Innovation in farming techniques coupled with technological development in the irrigation field robust the growth of the smart irrigation market. However, high installation and maintain ace cost associated with the smart irrigation and lack of awareness about the technological advancement in developing countries are the prominent factors hindering the growth of the market.
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The report analyses the global smart irrigation market based on irrigation controller, component, application and geography. Based on irrigation controller, the smart irrigation market is segmented into sensor-based controllers and weather-based controllers. Among the major types of irrigation controller, the sensor-based controllers held the largest market share in 2017. Sensor based system offer more benefits when compared to weather-based controllers as it is more reliable, accurate and helps to measure the level of moisture in the air which facilitates appropriate temperature management.
Based on components, the smart irrigation market is bifurcated into sensors, water/ flow meter and smart detection system. The sensors are further divided into wind sensor, flow sensor, rain/freeze sensor, soil moisture sensor, temperature sensor and fertigation sensor. Likewise, the fertigation sensors are further categorised into EC sensor and PH sensor. In 2017, The sensors segment dominated the market and is expected to maintain its dominance over the forecast period. The largest share is attributed to the characteristics and benefits offered by the sensor including appropriate and relevant information collection related to soil, temperature and humidity. Moreover, it helps in management of water logging and land infertility.