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Smart Irrigation Market Achieves USD 2.5 Billion in 2023, Eyes 15% CAGR Surge Until 2030

Smart Irrigation Market Achieves USD 2.5 Billion in 2023, Eyes 15% CAGR Surge Until 2030

In-Depth Analysis of the Global Smart Irrigation Market: 2024-2030 Forecasts

According to the latest findings by MarkNtel Advisors, The Global Smart Irrigation Market size was valued at USD 2.5 Billion in 2023 and is estimated to grow at a CAGR of around 15% during the forecast period, i.e., 2024-30. The report provides an in-depth analysis of crucial aspects such as market trends, size, forecasts, growth factors, challenges, and competitor assessments. Conducting a thorough examination of the Smart Irrigation Market, the report offers insights into recent developments and presents an overview of the market landscape.

Smart Irrigation Market Segmentation Analysis:

Our research report meticulously explores the Smart Irrigation Market, breaking it down into these key segments: By Irrigation Technology (Sprinkler Irrigation, Centre-pivot Irrigation, Drip Irrigation, Micro-Irrigation, Irrigation drones), By Component (Climate based Controllers, Soil moisture Sensor controllers, Weather-based controllers, Sensor-based controllers, Rain/freeze sensors, Wind sensors, Flow sensors) By End-User (Residential Lawns/Gardens, Agricultural Lands, Golf courses, Sport Stadiums), and others. Each segment, along with its subdivisions, undergoes a detailed breakdown to offer a comprehensive understanding of the market dynamics.

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Geographical Coverage:

Our research report on the Smart Irrigation Market offers comprehensive coverage across different regions, including North America, South America, Europe, The Middle East & Africa, Asia-Pacific. It provides detailed information on growth potential in each country and region, offering valuable insights for market stakeholders to strategically plan future operations and investments.

Global Smart Irrigation Market Driver:

The Diminishing Cost of Sensors & Controllers Used in the System – Manufacturers supplying low-cost sensors have promoted the easy availability of sensors worldwide. These sensors, including soil moisture, rain/free, fertigation, and flow sensors, can be easily attached to the nodes, simultaneously making an irrigation system highly efficient and affordable.

Along similar lines, several latest sensors, such as leaf water stress monitoring sensors, multi-level soil moisture sensors, or water salinity monitoring sensors, designed primarily by using copper coils and other pocket-friendly materials, have already been introduced by the key manufacturers to cut down the exorbitant cost and meet the consistent demand of the under-developed nations. Thus, the cost-effectiveness of sensors and controllers encourages farmers to opt for such advanced techniques in a bid to attain efficient irrigation systems, thereby making a substantial contribution in enhancing the Smart Irrigation Market size.

View Full Report [Including Description + TOC] – https://www.marknteladvisors.com/research-library/global-smart-irrigation-market.html

Competitive Landscape of Smart Irrigation Market

The Smart Irrigation market witnesses’ fierce competition driven by the participation of both foreign and domestic companies. Considerable investments in Research and Development (R&D) have led to multiple innovations in the market. Companies with a global reach exert significant influence over the Smart Irrigation market, and it is anticipated that several international players will expand their global presence in the coming years. To maintain competitiveness amidst rivals, vendors must prioritize the development of new technologies and strive to stay ahead of imminent breakthroughs. The report underscores key players in the market, namely:

  • Rain Bird Corporation
  • Calsense
  • Galcon
  • Weathermatic
  • Cultyvate
  • Hydropoint
  • Netafirm
  • Stevens Water Monitoring Systems
  • CropX
  • Ecozen Solutions
  • Water Bit
  • AquaSpy

Sent Customized Report Inquiry – https://www.marknteladvisors.com/query/request-customization/global-smart-irrigation-market.html

Common Queries:

  1. What is the current trajectory of cost and profit estimations in the Smart Irrigation Industry?
  2. How do factors like supply and consumption shape the landscape of the industry?
  3. In what ways do import and export considerations impact the dynamics of the Smart Irrigation Industry?
  4. Which technological advancements are anticipated to shape the future of the Smart Irrigation Market?
  5. Who are the noteworthy players highlighted in the Smart Irrigation Market research report?
  6. What are the anticipated USD valuations and the CAGR for the forecasted years?

About Us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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