Revenue from Irrigation Automation Market to Increase Significantly in the Future by Size, Share, Segments, and Forecast to 2028

The global irrigation automation market size is expected to reach USD 11.28 Billion in 2028 and register a steady revenue CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing initiatives of governments related to water conservation and rising deployment and installation of irrigation automation systems in various countries across the globe. Governments are focusing intently on reducing water wastage, which is an issue that primarily arises due to imprecise nature of irrigation water distribution systems.

The irrigation automation industry is being propelled forward by a number of factors. For starters, water scarcity and the need for sustainable water management practises have become global challenges. Farmers can save water by delivering tailored irrigation based on actual crop needs and environmental conditions using automation. This not only addresses water scarcity, but it also promotes environmentally friendly agriculture practises.

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Another motivating element is the agricultural industry's labour scarcity. Many regions are suffering from a scarcity of trained agricultural labour. Irrigation automation alleviates this problem by reducing the requirement for physical labour. Monitoring, scheduling, and modifying irrigation can all be done by automated devices, minimising the need for human labour.

Technological improvements are also contributing to the growth of the irrigation automation market. Sensors, remote sensing technology, and data analytics have improved the efficiency and cost-effectiveness of irrigation automation systems. Real-time data collection paired with advanced analytics allows farmers to make informed decisions and apply accurate irrigation plans, resulting in better water management and crop output.

The Internet of Things (IoT) is also changing processes and efficiency across the agriculture domain and supporting growers in overcoming challenges such as addressing water deficiencies and limited availability of arable land, while aid governments in meeting rising global food demand. Farmers are utilizing different controlled and monitoring systems in order to increase crop yield with the help of automation based on IoT. These irrigation automation systems are expected to become more efficient and cost-effective owing to rapid advancements in IoT technologies.

Competitive Outlook:

The global Irrigation Automation market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Irrigation Automation market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Companies profiled in the global Smart Water Management market:

Netafim, Lindsay Corporation, Valmont Industries, The Toro Company, Jain Irrigation Systems, Hunter Industries, Rain Bird, HydroPoint Data Systems, Weathermatic, and Nelson Irrigation.

Driving Factors

Water Scarcity and Depleting Resources: As water becomes a scarce and precious resource, effective water management is critical. Farmers can save water by using irrigation automation to provide tailored irrigation depending on crop needs and environmental conditions.

Increasing Food Demand: As the world's population grows, so does the demand for food. Farmers must optimise their irrigation practises in order to meet these needs in a sustainable manner. Automation technology contributes to this goal by assuring accurate water application, eliminating water waste, and increasing crop yields.

Labour Shortages: There is a severe scarcity of skilled agricultural labour in several areas. Irrigation automation provides a solution by reducing the need for physical labour, as automated systems can monitor, schedule, and modify irrigation autonomously.

Rapid advances in sensor technology, remote sensing, and data analytics have made irrigation automation systems more efficient and cost-effective. Farmers can use these tools to collect real-time data, make informed decisions, and apply accurate irrigation schemes.

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Key Highlights presented in the report:

• In September 2019, YAMIT Filtration and The Toro Company entered into a strategic partnership to offer advanced irrigation filtration systems for greenhouse and agricultural operations. The partnership is expected to make TORO the sole supplier of YAMIT’s industry-leading filtration solutions in Canada, United States, and Mexico.
• Time-based segment accounted for largest revenue share in 2020. Rising need to apply water in the necessary quantity at the right time has resulted in increasing utilization of time-based systems.
• Drip irrigation segment revenue is expected to expand at a rapid CAGR during the forecast period. Subsurface drip irrigation prevents wastage of water due to runoff and evaporation, which is resulting in its increasing utilization owing to rising awareness among growers regarding the importance of water conservation.
• Controllers segment accounted for a significantly large revenue share in the global irrigation automation market in 2020. Increasing demand for timers or volume-controlled metering valves used to limit the flow of water is expected to boost revenue growth of the controllers segment going ahead.
• Agricultural segment accounted for largest revenue share in the irrigation automation market in 2020. Integration of smart technologies in agricultural activities and rising utilization of sensor network technology are key factors boosting segment revenue growth.
• Asia Pacific accounted for largest revenue share contribution to the global irrigation automation market in 2020. Increasing initiatives by governments regarding conservation of water and installation of irrigation automation systems is expected to continue to boost growth of the Asia Pacific irrigation automation market.
• North America is expected to register a significantly robust revenue share during the forecast period. Presence of technologically advanced systems and solutions in the agriculture sector and automated water systems in countries in the region is expected to continue to drive growth of the North America irrigation automation market during the forecast period. Presence of major players in countries in the region is also contributing to market revenue growth.

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Major Geographies Analyzed in the Report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Emergen Research has segmented the global irrigation automation market on the basis of automation type, irrigation type, component, end-use, and region:

Automation Type Outlook (Revenue, USD Billion; 2018–2028)

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

Irrigation Type Outlook (Revenue, USD Billion; 2018–2028)

• Drip Irrigation
• Sprinkler Irrigation
• Surface Irrigation

Component Outlook (Revenue, USD Billion; 2018–2028)

• Sensors
• Controllers
• Sprinklers
• Valves
• Others  

End-use Outlook (Revenue, USD Billion; 2018–2028)

• Agricultural
• Non-agricultural

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