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Global Smart Irrigation Systems Market 2018-2022

Global Smart Irrigation Systems Market 2018-2022

About this market

With the increasing adoption of irrigation drones, there is a growing demand for smart irrigation systems. One of the latest trends in the global smart irrigation systems market is the rise in adoption of drones by farmers for irrigation as these drones are equipped with hyperspectral or thermal sensors, which allow them to identify parts of the field that dry and require water. The use of smart irrigation systems with drones can change the agricultural process to a more efficient one, allowing farmers to track the land and property at all times. Technavio’s analysts have predicted that the smart irrigation systems market will register a CAGR of almost 16% by 2022.Market Overview

Growing focus on optimal water use

Vendors in the market are developing products to reduce the wastage of water in the agricultural sector. Smart irrigation systems offer various benefits pertaining the optimal use of water resources which is driving the growth of the market.

Lack of electricity supply and appropriate infrastructure

Globally, almost 13% of the population struggles to receive access to electricity daily and most of these population resides in underdeveloped countries in Africa and Asia which limits the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the smart irrigation systems market during the 2019-2023 period, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Hunter Industries and HydroPoint Data Systems, the competitive environment is quite intense. Factors such as increasing adoption of irrigation drones and the growing focus on optimal water use, will provide considerable growth opportunities to smart irrigation system companies. Hunter Industries, HydroPoint Data Systems, NETAFIM, Rain Bird, and The Toro Company are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report - Global Smart Irrigation Systems Market 2018-2022

Technavio recognizes the following company as the key player in the global smart irrigation systems market: Hunter Industries, HydroPoint Data Systems, NETAFIM, Rain Bird, and The Toro Company.

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the increasing adoption of irrigation drones. One of the latest trends in the global smart irrigation systems market is the rise in adoption of drones by farmers for irrigation as these drones are equipped with hyperspectral or thermal sensors, which allow them to identify parts of the field that dry and require water.”

According to the report, one driver influencing this market is the growing focus on optimal water use. Vendors in the market are developing products to reduce the wastage of water in the agricultural sector. Smart irrigation systems offer various benefits pertaining the optimal use of water resources which is driving the growth of the market.

Further, the report states that one challenge affecting this market is the lack of electricity supply and appropriate infrastructure. Globally, almost 13% of the population struggles to receive access to electricity daily and most of these population resides in underdeveloped countries in Africa and Asia which limits the growth of the market.

Companies Mentioned

Hunter Industries

HydroPoint Data Systems

NETAFIM

Rain Bird

The Toro Company

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Global smart agriculture market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global smart irrigation systems market – Market size and forecast 2017-2022 ($ mn)
      • Table Global smart irrigation systems market – Year over year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by technology
    • Segmentation by technology
      • Table Global smart irrigation systems market by technology – Market share 2017-2022 (%)
    • Comparison by technology
      • Table Comparison by technology
    • Soil moisture-based controller – Market size and forecast 2017-2022
      • Table Global smart irrigation systems market by soil moisture-based controller – Market size and forecast 2017-2022 ($ mn)
      • Table Global smart irrigation systems market by soil moisture-based controller – Year over year growth 2018-2022 (%)
    • Weather-based controller – Market size and forecast 2017-2022
      • Table Global smart irrigation systems market by weather-based controller – Market size and forecast 2017-2022 ($ mn)
      • Table Global smart irrigation systems market by weather-based controller – Year over year growth 2018-2022 (%)
    • Market opportunity by technology
      • Table Market opportunity by technology
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global smart irrigation systems market by region – Market share 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas – Market size and forecast 2017-2022
      • Table Smart irrigation systems market in Americas – Market size and forecast 2017-2022 ($ mn)
      • Table Smart irrigation systems market in Americas – Year over year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table Smart irrigation systems market in EMEA – Market size and forecast 2017-2022 ($ mn)
      • Table Smart irrigation systems market in EMEA – Year over year growth 2018-2022 (%)
    • APAC – Market size and forecast 2017-2022
      • Table Smart irrigation systems market in APAC – Market size and forecast 2017-2022 ($ mn)
      • Table Smart irrigation systems market in APAC – Year over year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Adoption of irrigation drones
    • Growing inclination toward robots in agriculture
    • Investment opportunities in smart irrigation
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Hunter Industries
      • Table Hunter Industries overview
      • Table Hunter Industries – Business segments
      • Table Hunter Industries – Organizational developments
      • Table Hunter Industries – Key offerings
      • Table Hunter Industries – Key customers
    • HydroPoint Data Systems
      • Table HydroPoint Data Systems overview
      • Table HydroPoint Data Systems – Business segments
      • Table HydroPoint Data Systems – Organizational developments
      • Table HydroPoint Data Systems – Key offerings
      • Table HydroPoint Data Systems – Key customers
    • NETAFIM
      • Table NETAFIM overview
      • Table NETAFIM – Business segments
      • Table NETAFIM – Organizational developments
      • Table NETAFIM – Key offerings
      • Table NETAFIM – Key customers
    • Rain Bird
      • Table Rain Bird overview
      • Table Rain Bird – Business segments
      • Table Rain Bird – Organizational developments
      • Table Rain Bird – Key offerings
      • Table Rain Bird – Key customers
    • The Toro Company
      • Table The Toro Company overview
      • Table The Toro Company – Business segments
      • Table The Toro Company – Organizational developments
      • Table The Toro Company – Geographic focus
      • Table The Toro Company – Segment focus
      • Table The Toro Company – Key offerings
      • Table The Toro Company – Key customers
  • Appendix
    • List of abbreviations
  • Explore Technavio

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