The irrigation automation market size is projected to reach US$ 14.27 billion by 2031 from US$ 4.78 billion in 2023. The market is expected to register a CAGR of 14.6% in 2023–2031. The rising need for high-quality crop yield and increasing adoption of sustainable farming is likely to remain a key irrigation automation market trend.
The irrigation automation market is growing at a rapid pace due to the growing awareness related to the benefits provided by irrigation technologies and the acceptance of precise agriculture instruments and techniques. The market is expanding steadily, driven by the growing demand for smart agriculture technologies. Moreover, technological advancements and government initiatives to promote irrigation automation are providing lucrative opportunities for market growth.
Irrigation automation uses instruments or equipment to operate various irrigation systems and alter the flow of water from bays. Irrigation automation includes the combination of numerous hardware, such as sensors, valves, controllers, sprinklers, and others, to build an automated system used for both agricultural and non-agricultural applications. Significant benefits provided by irrigation automation, such as time-saving, cost-effectiveness, resource optimization, and others, are driving the market.
Farmers are becoming more aware of automated irrigation technologies associated with the high labor and electricity costs. Irrigation technologies provide significant benefits to the users, such as water conservation, process automation, and cost-saving, among others are driving the market. These benefits increase awareness among farmers, which surges the adoption of irrigation technologies. These technologies support farmers in decreasing daily electricity use, as well as reducing in time and effort spent on irrigation. Moreover, farmers were able to reduce the amount of farm trips through automation, resulting in lower labor expenditures. The installation of an automated irrigation system improves agricultural precision by determining the exact volume of water and irrigation time. This precision reduces crop losses for farmers and boosts total productivity.
The majority of farmers in underdeveloped nations employ conventional irrigation systems (surface irrigation), which is a time-consuming process. This encourages the governments of various nations to take favorable initiatives to promote irrigation automation, which is expected to create opportunities in the market. Many governments in developing nations such as India, China, Brazil, the US, France, and other African countries offer grants for the purchase of drip and sprinkler systems in order to increase the efficiency of their irrigation systems. Moreover, strict policies that encourage the use of sprinkler and drip irrigation systems help farmers to adopt technologically developed systems on their farms, such as acquiring and reinstalling farm irrigation devices (sprinklers and drip irrigation systems). These factors are creating significant growth opportunities for the market during the forecast period.
Key segments that contributed to the derivation of the irrigation automation market analysis are automation type, irrigation type, component, system, and end-user.
The geographic scope of the irrigation automation market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
In terms of revenue, Asia Pacific accounted for the largest irrigation automation market share, due to the presence of vast agricultural land and favorable government support. The market is anticipated to expand in the near future, attributed to rapid changes in climate conditions and the growing need for reducing waste wastage. Moreover, technological advancements and the development of advanced irrigation systems are boosting the market during the forecast period.
The regional trends and factors influencing the Irrigation Automation Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Irrigation Automation Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 4.78 billion |
Market Size by 2031 | US$ 14.27 billion |
Global CAGR (2023 - 2031) | 14.6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Automation Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Irrigation Automation Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Irrigation Automation Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The irrigation automation market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for irrigation automation and strategies:
The “Irrigation Automation Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
The global irrigation automation market was estimated to be US$ 4.78 billion in 2023 and is expected to grow at a CAGR of 14.6% during the forecast period 2023 - 2031.
The growing awareness related to the benefits provided by irrigation technologies and the acceptance of precise agriculture instruments and techniques are the major factors that propel the global irrigation automation market.
The rising need for high-quality crop yield and increasing adoption of sustainable farming to play a significant role in the global irrigation automation market in the coming years.
The key players holding majority shares in the global irrigation automation market are Galcon Ltd., Hunter Industries Inc., Irritec S.p.A, Jain Irrigation Systems Ltd., and Lindsay Corporation.
The global irrigation automation market is expected to reach US$ 14.27 billion by 2031.
The incremental growth expected to be recorded for the global irrigation automation market during the forecast period is US$ 9.48 billion.