Smart irrigation is one solution to deal with the aforementioned problems. Smart irrigation is basically a combination of different techniques and technologies. A variety of sensors that monitor parameters such as temperature, soil moisture, humidity, rain and so on are an essential part of smart irrigation. Apart from the critical applications of smart irrigation, this technology is also being incorporated for residential use along with commercial setups such as parks, golf courses, landscaping, among others. While this market is driven by very strong factors, there are, as is always the case, several factors inhibiting the growth of the smart irrigation market. Lack of awareness in the developing countries and the high initial investment required are some hurdles that need to be overcome.
The smart irrigation market is expected to experience a healthy double-digit growth rate and cross the $1 billion mark by 2022.
Smart Irrigation Market
The Smart Irrigation market can be segmented on the basis of type of sensors as
Rain Sensor Flow Sensor, Wind Sensor, Temperature Sensor, Humidity Sensor, Soil Moisture Sensor and Others
Amongst all the possible application areas for smart irrigation, agriculture, being the most critical, will account for the maximum share of the overall market during the forecast period. In terms of applications, the Smart Irrigation market has been segmented across the following
Agriculture, Greenhouses, Golf Courses, Parks, Residential, Landscaping and Others
North America currently accounts for the largest share of the smart irrigation market, with Europe coming second. Governments in the developed world are investing significant amount of funds in R&D efforts for smart irrigation. However, with the population explosion that is happening in the Asia Pacific region, it will exhibit the highest growth rate during the forecast period covered in this report. The market has been segmented based on the following geographies
North America, South America, APAC, Europe, Middle East and Africa
Following are just a few of the companies that are operating in the smart irrigation market
Calsense, Baseline Inc., Rain Bird Corporation, Galcon and Rachio Inc.
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2. Executive Summary
3. Smart Irrigation - Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User Profiling
3.2.3. Top 5 Financials Analysis
4. Smart Irrigation - Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Attractiveness of the Smart Irrigation Market
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. Smart Irrigation Market - Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunities Analysis
5.4. Product/Market Life Cycle Analysis
5.5. Suppliers and Distributors
6. Smart Irrigation Market- By Sensor Type:
6.1. Rain Sensor
6.2. Flow Sensor
6.3. Wind Sensor
6.4. Temperature Sensor
6.5. Humidity Sensor
6.6. Soil Moisture Sensor
7. Smart Irrigation Market- By Application:
7.3. Golf Courses
8. Smart Irrigation Market- By Geography:
8.2. Global Study
8.3.1. North America
9. Market Entropy
9.1. New Product Launches
9.2. M&As, Collaborations, JVs and Partnerships
10. Company Profiles
10.1. Rain Bird Corporation
10.2. Baseline Inc.
10.4. Treasury Metals Inc.
10.5. Hunter Industries
10.6. Rachio Inc.
10.9. The Toro Company
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
11.3. Research Methodology
11.5. Compilation of Expert Insights