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Irrigation Automation Market Growth, Size, and Share

04.12.2023 · Posted in Business News Article, Press Release

The global irrigation automation market size is projected to grow from USD 4.2 billion in 2022 to USD 9.2 billion by 2027, recording a compound annual growth rate (CAGR) of 17.2% during the forecast period. Increasing government support to mechanize agriculture especially in the developing countries, adoption of smart irrigation technologies, and need for water conservation are some of the key factors promoting the growth of market during the forecast period.

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There are various benefits associated with the adoption of automated irrigation at the farm level. With the increase in the cost of labor and electricity, the awareness of farmers about automated irrigation technologies has increased. In Australia, several trials have been conducted to provide benefits to farmers by using automated irrigation systems. Most farmers noticed a significant drop in the daily power consumption and reduced time and effort toward the irrigation process. Through automation, farmers were able to reduce the number of visits to farms, which helped decrease labor costs. The installation of an automated irrigation system also improves precision in agriculture as it determines the exact volume of water and the time of the irrigation process. This precision helps lower crop losses faced by farmers and improves the overall yield.

Real-time feedback is the method of making irrigation decisions based on the real-time demand for plants. With real-time feedback systems, farmers can get real-time data on the various stages of irrigation on their field through laptops or mobile phones. Real-time feedback systems have benefitted farmers by reducing irrigation costs, crop losses, production time, and pesticide application while improving yield and quality. With the increasing problem of water scarcity, the need for irrigation efficiency is growing. A sensor-based irrigation network sends real-time data from the fields to the irrigation management software, which decides the irrigation schedule. The segment is anticipated to maintain its dominant position throughout the forecast period.

The drip irrigation segment dominated the market in 2021. Drips provide root-to-root irrigation and the highest level of water conservation. Although these systems are less cost-effective, they offer a life span of about ten years once installed. Developed countries such as the US, Canada, the UK, and Germany uses drip irrigation for agricultural purposes. In India and China, the state and national government irrigation projects use drip systems due to their low maintenance and efficiency.

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North America has shown progressive growth in the conservation of natural resources. The adoption rate of irrigation automation systems is the highest in North America due to the various initiatives taken up by the local government in this region for water conservation. For instance, in 2006, the US EPA came up with a water conservation plan known as WaterSense to ensure the water usage across industries meet required standards and is used efficiently. This initiative observes the water-saving efficiency of various companies’ different products and rates them accordingly. WaterSense partners with irrigation professionals, homebuilders, manufacturers, retailers and distributors, and utilities to encourage innovation in manufacturing and support sustainable jobs across America. EPA issued a few specifications to recognize certification programs for irrigation professionals in system design, maintenance and installation, and system auditing. Initiatives like these encourage consumers to conserve water and adopt sustainable irrigation practices.

Key players in this market include Netafim (Israel), Lindsay Corporation (US), The Toro Company (US), Jain Irrigation Systems (India), Valmont Industries Inc. (US), Rain Bird (US), Galcon (Israel), BACCARA (Israel), Hunter Industries (US), Irritec S.p.A (Italy), Superior (US), Weathermatic (US), Nelson Irrigation (US), Calsense (US), HydroPoint Data Systems (US), and Rubicon Water (Australia). These players in this market are focusing on increasing their presence through mergers & acquisitions, and partnerships. The irrigation automation companies have a strong presence in North America, and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

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