Report cover image

Global Precision Irrigation Market Size Study, by Type (Sprinkler Irrigation, Drip Irrigation), Component (Controllers, Sensors, Water Flow Meters), Technology Type, End Use, and Regional Forecasts 2024-2034

Publisher Factview Research
Published Jun 27, 2025
Length 285 Pages
SKU # FAVR20179402

Description

The Global Precision Irrigation Market is valued at approximately USD 4.12 billion in 2024 and is poised to expand at a significant CAGR of 6.69% from 2024 to 2034. Precision irrigation represents an innovative leap in agricultural technology, aimed at optimizing water usage by delivering precise amounts of water and nutrients to crops. This transformative approach to irrigation not only addresses the increasing challenges of water scarcity but also enhances crop productivity, promoting sustainable agricultural practices. With rising awareness about resource conservation and growing global food demand, precision irrigation systems are increasingly seen as a vital solution for modern farming.

The market's robust growth is underpinned by multiple factors, including the adoption of advanced technologies such as Internet of Things (IoT), artificial intelligence, and sensors in irrigation systems. These advancements enable real-time monitoring of soil moisture, weather conditions, and crop requirements, allowing farmers to make data-driven decisions that maximize yield while conserving resources. Governments and private organizations are increasingly investing in smart irrigation technologies, offering subsidies and incentives to farmers to adopt these systems. However, high initial costs and technical complexities associated with precision irrigation systems could hinder widespread adoption, particularly in developing regions.

A pivotal driver of this market is the integration of components like controllers, sensors, and water flow meters, which form the backbone of precision irrigation solutions. These components enhance operational efficiency, minimize wastage, and enable scalable implementation across diverse agricultural setups. Furthermore, as sustainability takes center stage in agricultural practices, precision irrigation is evolving to support precision fertilization and integrated pest management, offering a comprehensive approach to resource optimization.

Regionally, North America leads the precision irrigation market, driven by its strong technological ecosystem and proactive government initiatives supporting smart farming solutions. The United States has emerged as a pioneer in adopting these technologies, backed by robust R&D and favorable regulatory frameworks. Europe follows closely, with countries like Germany and France investing heavily in sustainable agricultural practices. Meanwhile, the Asia-Pacific region is witnessing the fastest growth, fueled by increasing agricultural activities, growing population, and government programs addressing water efficiency and food security challenges. Latin America and the Middle East & Africa are also gaining traction, leveraging precision irrigation technologies to mitigate water scarcity issues and enhance agricultural output.

Major market players included in this report are:
  • Netafim Ltd.
  • Jain Irrigation Systems Ltd.
  • Lindsay Corporation
  • The Toro Company
  • Valmont Industries, Inc.
  • Hunter Industries
  • Rain Bird Corporation
  • Rivulis Irrigation
  • T-L Irrigation Co.
  • CropMetrics LLC
  • Hortau Inc.
  • Nelson Irrigation Corporation
  • Reinke Manufacturing Co., Inc.
  • Precision Irrigation Systems, Inc.
  • Irritec S.p.A.
The detailed segments and sub-segment of the market are explained below:

By Type
  • Sprinkler Irrigation
  • Drip Irrigation
By Component
  • Controllers
  • Sensors
  • Water Flow Meters
By Technology Type

By End Use

By Region:

North America
  • U.S.
  • Canada
Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia-Pacific
Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa
Years considered for the study are as follows:
  • Historical Year: 2022
  • Base Year: 2024
  • Forecast Period: 2024 to 2034
Key Takeaways:
  • Market estimates and forecasts for 10 years from 2022 to 2032.
  • Annualized revenue and regional-level analysis for each market segment.
  • Comprehensive insights into geographical landscapes with country-level market breakdowns.
  • Competitive analysis featuring key players and their strategies.
  • Evaluation of market dynamics, including drivers, challenges, and opportunities.
  • Strategic recommendations for market penetration and growth.

Table of Contents

285 Pages
Chapter 1. Global Precision Irrigation Market Executive Summary
1.1. Global Precision Irrigation Market Size & Forecast (2024-2034)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Type
1.3.2. By Component
1.4. Key Trends
1.5. Recession Impact
1.6. Investment Analysis
1.7. Investment Rationale
1.8. Analyst Recommendation & Conclusion
Chapter 2. Global Precision Irrigation Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Precision Irrigation Market Dynamics
3.1. Market Drivers
3.1.1. Adoption of Advanced Technologies like IoT, AI, and Sensors in Irrigation Systems
3.1.2. Increasing Global Food Demand and Need for Resource Conservation
3.1.3. Government Investments and Incentives for Smart Irrigation Technologies
3.2. Market Challenges
3.2.1. High Initial Costs of Precision Irrigation Systems
3.2.2. Technical Complexities and Lack of Expertise in Developing Regions
3.3. Market Opportunities
3.3.1. Integration with Precision Fertilization and Pest Management
3.3.2. Growing Demand in Emerging Economies due to Water Scarcity
3.3.3. Development of Affordable Solutions for Small-scale Farmers
Chapter 4. Global Precision Irrigation Market Industry Analysis
4.1. Porter’s Five Forces Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s Five Forces Model
4.1.7. Porter’s Five Forces Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Precision Irrigation Market Size & Forecasts by Type 2024-2034
5.1. Segment Dashboard
5.2. Global Precision Irrigation Market: By Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.2.1. Sprinkler Irrigation
5.2.2. Drip Irrigation
Chapter 6. Global Precision Irrigation Market Size & Forecasts by Component 2024-2034
6.1. Segment Dashboard
6.2. Global Precision Irrigation Market: By Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.2.1. Controllers
6.2.2. Sensors
6.2.3. Water Flow Meters
Chapter 7. Global Precision Irrigation Market Size & Forecasts by Technology Type 2024-2034
7.1. Segment Dashboard
7.2. Global Precision Irrigation Market: By Technology Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
Chapter 8. Global Precision Irrigation Market Size & Forecasts by End Use 2024-2034
8.1. Segment Dashboard
8.2. Global Precision Irrigation Market: By End Use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
Chapter 9. Global Precision Irrigation Market Size & Forecasts by Region 2024-2034
9.1. North America Precision Irrigation Market
9.1.1. U.S. Precision Irrigation Market
9.1.1.1. By Type Breakdown Size & Forecasts, 2024-2034
9.1.1.2. By Component Breakdown Size & Forecasts, 2024-2034
9.1.2. Canada Precision Irrigation Market
9.1.2.1. By Type Breakdown Size & Forecasts, 2024-2034
9.1.2.2. By Component Breakdown Size & Forecasts, 2024-2034
9.2. Europe Precision Irrigation Market
9.2.1. UK Precision Irrigation Market
9.2.1.1. By Type Breakdown Size & Forecasts, 2024-2034
9.2.1.2. By Component Breakdown Size & Forecasts, 2024-2034
9.2.2. Germany Precision Irrigation Market
9.2.2.1. By Type Breakdown Size & Forecasts, 2024-2034
9.2.2.2. By Component Breakdown Size & Forecasts, 2024-2034
9.2.3. France Precision Irrigation Market
9.2.3.1. By Type Breakdown Size & Forecasts, 2024-2034
9.2.3.2. By Component Breakdown Size & Forecasts, 2024-2034
9.2.4. Spain Precision Irrigation Market
9.2.4.1. By Type Breakdown Size & Forecasts, 2024-2034
9.2.4.2. By Component Breakdown Size & Forecasts, 2024-2034
9.2.5. Italy Precision Irrigation Market
9.2.5.1. By Type Breakdown Size & Forecasts, 2024-2034
9.2.5.2. By Component Breakdown Size & Forecasts, 2024-2034
9.2.6. Rest of Europe Precision Irrigation Market
9.3. Asia-Pacific Precision Irrigation Market
9.3.1. China Precision Irrigation Market
9.3.1.1. By Type Breakdown Size & Forecasts, 2024-2034
9.3.1.2. By Component Breakdown Size & Forecasts, 2024-2034
9.3.2. India Precision Irrigation Market
9.3.2.1. By Type Breakdown Size & Forecasts, 2024-2034
9.3.2.2. By Component Breakdown Size & Forecasts, 2024-2034
9.3.3. Japan Precision Irrigation Market
9.3.3.1. By Type Breakdown Size & Forecasts, 2024-2034
9.3.3.2. By Component Breakdown Size & Forecasts, 2024-2034
9.3.4. Australia Precision Irrigation Market
9.3.4.1. By Type Breakdown Size & Forecasts, 2024-2034
9.3.4.2. By Component Breakdown Size & Forecasts, 2024-2034
9.3.5. South Korea Precision Irrigation Market
9.3.5.1. By Type Breakdown Size & Forecasts, 2024-2034
9.3.5.2. By Component Breakdown Size & Forecasts, 2024-2034
9.3.6. Rest of Asia-Pacific Precision Irrigation Market
9.4. Latin America Precision Irrigation Market
9.4.1. Brazil Precision Irrigation Market
9.4.1.1. By Type Breakdown Size & Forecasts, 2024-2034
9.4.1.2. By Component Breakdown Size & Forecasts, 2024-2034
9.4.2. Mexico Precision Irrigation Market
9.4.2.1. By Type Breakdown Size & Forecasts, 2024-2034
9.4.2.2. By Component Breakdown Size & Forecasts, 2024-2034
9.4.3. Rest of Latin America Precision Irrigation Market
9.5. Middle East & Africa Precision Irrigation Market
9.5.1. Saudi Arabia Precision Irrigation Market
9.5.1.1. By Type Breakdown Size & Forecasts, 2024-2034
9.5.1.2. By Component Breakdown Size & Forecasts, 2024-2034
9.5.2. South Africa Precision Irrigation Market
9.5.2.1. By Type Breakdown Size & Forecasts, 2024-2034
9.5.2.2. By Component Breakdown Size & Forecasts, 2024-2034
9.5.3. Rest of Middle East & Africa Precision Irrigation Market
Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
10.1.1. Netafim Ltd.
10.1.2. Jain Irrigation Systems Ltd.
10.1.3. Lindsay Corporation
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. Netafim Ltd.
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financial (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Market Strategies
10.3.2. Jain Irrigation Systems Ltd.
10.3.3. Lindsay Corporation
10.3.4. The Toro Company
10.3.5. Valmont Industries, Inc.
10.3.6. Hunter Industries
10.3.7. Rain Bird Corporation
10.3.8. Rivulis Irrigation
10.3.9. T-L Irrigation Co.
10.3.10. CropMetrics LLC
10.3.11. Hortau Inc.
10.3.12. Nelson Irrigation Corporation
10.3.13. Reinke Manufacturing Co., Inc.
10.3.14. Precision Irrigation Systems, Inc.
10.3.15. Irritec S.p.A.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
________________________________________

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us