Smart Irrigation Market [2022] | Size, Share, Growth Rate, Company Profiles, Demand, Key Finding, Revenue and Gross Margin, Market Drivers, Opportunities, Challenges and Risks Factors Analysis by 2031

Kenneth Research, in its repository of market research reports, has recently added a report on Smart Irrigation Market that emphasizes the latest trends, key opportunities, drivers, and challenges associated with the growth of the market during the forecast period, i.e., 2022 – 2031. The Smart Irrigation Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Smart Irrigation Market products.

The Final Report will cover the impact analysis of COVID-19 on this industry:

Download Sample of This Strategic Report:

The Smart Irrigation Market in North America is anticipated to grow significantly owing to the presence of several key players in the region, along with the increasing need of the organizations in the nation to run on a strong ICT infrastructure.

According to Verified Market Research, The Global Smart Irrigation Market was valued at USD 686.2 million in 2017 and is projected to reach USD 2,077.8 million by 2025, growing at a CAGR of 15.41% from 2018 to 2025.

What is Smart Irrigation?
A smart irrigation systems monitor weather, soil conditions, plant water use, and weather. These systems have features such as the ability to automatically adjust watering schedules in order to ensure that watering occurs at the right time and at the right length of time. An important feature of smart irrigation is the controller. Smart irrigation systems use site data or weather in order to determine the timing and the length of time of watering. Smart irrigation has purposes in both agricultural as well as non-agricultural applications.

Global Smart Irrigation Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
There are several benefits to smart irrigation such as the saving of time as well as money and for the meeting of specific landscape needs through the optimization of water levels. Factors such as the cost of the smart irrigation system as well as the potential of error in the systems are restraining the growth of the smart irrigation market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Smart Irrigation Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Smart Irrigation Market Competitive Landscape
The “Global Smart Irrigation Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Stevens Water Monitoring Systems, Galcon, Rachio, Weathersmatic,Hunter Industries, Netafim, Rain Bird Corporation, The Toro Company, Hydropoint and Banyan Water. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.

Global Smart Irrigation Market , By Component
• Controllers
• Sensors
• Water Flow Meters
• Others
Global Smart Irrigation Market , By System Type
• Weather-Based Controller Systems
• Sensor-Based Controller Systems
Global Smart Irrigation Market, By Application
• Agricultural
• Nonagricultural
o Residential
o Golf Courses
o Turf and Landscape
o Others
Global Smart Irrigation Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Latin America
o Brazil
• Rest of the World

Request For Full Report:

About Us
Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.

Contact Us
Name: Kenneth research
Phone: +1 313 462 0609Oncology Information System Market
Diagnostic Catheter Market
Immunotherapy Drugs Market
Animal Antibiotics and Antimicrobials Market
Sugar-Based Excipients Market

Leave a Reply

Your email address will not be published. Required fields are marked *