Summary Street market The automatic irrigation:
The automatic irrigation market is expected to arrive to about 9,365.02 million dollars By 2030, at CAGR of 5.3% Between 2022 and 2030.
Agriculture is the main occupation of many all over the world. Despite the existence of other sectors, the existence of agriculture shows the security levels of farmers. Farming involves many tasks. When the automation system is introduced in agriculture, it helps the farmers to earn more income. The irrigation process can be automatic, when the water, soil and weather conditions are monitored systematically. This type of automation can be done by installing controllers and sensors. When things are automated and controlled, water waste is also controlled. The introduction of IoT based systems in agriculture has bought new changes in agriculture and the farmer can benefit from it.
Market segmentation Automatic watering Overview l:
can be segmented The automatic irrigation market Based on the components, type, application, end use and region. According to the component category, the market is divided into sprinklers, valves, controllers and sensors. Based on category type, the market is segmented into volume-based, time-based, real-time-based, and computer-based. The sectors like land management, water resource management and groundwater management come under the application category. The segments under the end user category are – agricultural and non-agricultural. According to the regional category, the market is divided into North America, Europe, Asia-Pacific and rest of the world.
Competitive Analysis:
The market includes tier 1, tier 2 and local players. Tier-1 and Tier-2 players have reached across the globe with diverse product portfolios. Companies such as Toro (USA), Hunter Industries (USA) and NPM (Israel) dominate the global automatic irrigation market due to brand reputation, product differentiation, financial stability, strategic developments and diverse regional presence. The players focus on investing in research and development. Furthermore, they adopt strategic growth initiatives, such as expansion, product launches, joint ventures and partnerships, to strengthen their market position and capture a large customer base.
Prominent players in the global automatic irrigation market include Toro (USA), Hunter Industries (USA), Netafim (Israel), Stevens Water Monitoring Systems Ltd. (USA), and Lamont Industries Ltd. (USA) b), Lindsey Corporation (USA), Jane Irrigation Systems Ltd. (India), Hydropoint Data Systems Ltd. (USA), Nelson Irrigation (USA) and Glacon (Israel).
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Regional view:
The beef segment of the component category dominates the market. The reason for this is the increase in demand for semi-automatic systems such as volume-based and time-based systems. According to the category type, the time-based segment contributes maximum to the market share. Time-based systems help control labor costs, the irrigation process and fuel consumption. A time-based system allows the farmer to monitor crops regularly. According to the end-user category, the non-agricultural sector is using automated systems. Gardens, golf courses, residential purposes, pastures, lawns and sports fields are some examples of the non-agricultural segment. According to the regional category, North America dominates the market followed by the Asia-Pacific region.
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development the industry:
The global analysis of the surgical irrigation market states that the market is expected to reach USD 9365.02 million at a CAGR of 5.3% by the end of 2028. Adoption of new technologies creates new challenges and opportunities for automation service providers. Although the systems are very helpful, their installation cost becomes a burden on the local farmer and therefore hinders the growth of the market. A developed country can afford the cost of such automatic irrigation systems, but in an undeveloped country, the local farmer will not be able to install such automatic services even though they are very beneficial. The adoption of organic farming practices has created new opportunities for market growth . Any research and development activity requires a huge investment. Focusing on sponsoring the research and development activities will provide good information that may benefit the growth of the market. The progress of the market has given rise to strategies such as collaborations, partnerships, expansions, joint ventures, mergers and acquisitions among key players that provide automatic irrigation systems.
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