How Do Technological Advancements Drive Smart Irrigation Market?

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Smart Irrigation Market Revenue Estimation and Growth Forecast Report

In 2021, the smart irrigation market size accounted for $1,404.4 million, and it is expected to reach $4,495.0 million, growing at a rate of 13.8% from 2021 to 2030. The rise in research and development activities and the increased adoption of smart irrigation systems. Countries with extreme weather conditions massively use irrigation systems, considering their energy efficiency, driving the market growth. The surge in implementation of remote sensing technologies in irrigation systems, such as smartphones and IoT devices, is boosting the market.

The sensor-based controller systems demand is likely to grow in the near future, dominating the smart irrigation market. The agriculture industry is the key driver for the surge in sensor-based controller systems’ usage to increase crop productivity and save water. It controls the data of sensors such as soil, temperature, rain, moisture and humidity sensors deployed on the field and facilitates the analyses. Therefore, sensor-based controller systems do not rely on weather station data and are more preferred.

The controller category contributed $562.9 million to the smart irrigation market revenue last year. The increased demand for smart irrigation controllers market is resulting in market growth, attributed to the efficacy of the irrigation operations and integration of cloud solutions. The rise in the population, leading to the insufficiency of resources such as food and water, demands advanced solutions to increase crop production. Here, smart irrigation systems supported by government initiatives play a crucial role in catering to the need with enhanced productivity and cost-effective irrigation solutions.

Farmers and residents can utilize irrigation systems remotely, accessing the 5G Network and Communication Technologies. Traditional hardware systems are replaced by wireless data transmission technologies facilitating mobility, convenience, and other associated advantages. The wireless networks facilitate communication to irrigation systems by utilizing radio frequency technologies. The 5G technology has a great potential to penetrate the agriculture sector order, as it improvises the complete value chain, attributed to advanced monitoring of soil and crop and livestock management.

The largest smart irrigation market revenue generator is a non-agricultural category under the application segment. It is expected to follow the same trend in the near future. The trend of smart cities worldwide leads to increased demand for water management systems in both commercial and residential projects. The expansion of concrete infrastructure leading to reduced green areas has become a major concern in preserving green spaces. Therefore, the demand for smart irrigation systems is expected to grow.

North America captured a significant share of approximately 36.1% of the smart irrigation market, attributed to the rise in disposable income of people and rapid urbanization. The remote access facilitated by smartphones and other technological devices in Canada and the U.S. leads to market penetration. It is resulting in a surge of their wide acceptance of golf courses, sports grounds and residential areas, besides agriculture fields. The IoT integration in smart irrigation systems enables the detection of soil moisture levels, automatic irrigation of crops, and tracking of land conditions.

Thus, the technological advancements leading to IoT and cloud technologies integration facilitating the remote access of smart irrigation devices leads to a market boom.

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