North America Smart Irrigation Market Size, Share, and COVID-19 Impact Analysis, By Component Type (Controllers and Sensors, Flow Meters, Water Management Software, and Weather-Based Sensors), By Application (Precision Agriculture, Residential Landscaping, Commercial Landscaping, Golf Courses, and Public and Municipal Landscaping), and North America Smart Irrigation Market Insights, Industry Trend, Forecasts to 2033.

Industry: Agriculture

RELEASE DATE Oct 2024
REPORT ID SI6568
PAGES 260
REPORT FORMAT PathSoft

North America Smart Irrigation Market Insights Forecasts to 2033

  • The North America Smart Irrigation Market Size was valued at USD 627.08 Million in 2023.
  • The Market is Growing at a CAGR of 15.8% from 2023 to 2033
  • The North America Smart Irrigation Market Size is Expected to Reach USD 2718.08 Million by 2033

 

North America Smart Irrigation Market

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The North America Smart Irrigation Market is Anticipated to Reach USD 2718.08 Million by 2033, growing at a CAGR of 15.8% from 2023 to 2033.

 

Market Overview

Smart irrigation systems are an essential component of precision agriculture because they incorporate cutting-edge technology. These assist in changing the watering schedule automatically by monitoring weather, soil conditions, and plant water consumption. These systems are used in agricultural settings, golf courses, and private homes. Smart irrigation solutions, like traditional irrigation technologies, rely on preprogrammed schedules and timers. Controllers and sensors are the foundation of smart irrigation solutions. There are two types of controllers: climate-based and soil moisture controllers. Examples of sensors include soil moisture, rain freeze, and wind sensors. One advantage of smart irrigation technology is that it saves water while maintaining a healthy and appealing landscape. The North American smart irrigation industry is rapidly expanding as a result of the rising demand for efficient water management in agriculture and landscaping. Smart irrigation systems are increasingly being used to improve water efficiency, eliminate waste, and boost agricultural output.

 

Report Coverage

This research report categorizes for the North America smart irrigation market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America smart irrigation market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America smart irrigation market.

 

North America Smart Irrigation Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 627.08 Million
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :15.8%
2033 Value Projection:USD 2,718.08 Million
Historical Data for:2019-2022
No. of Pages:260
Tables, Charts & Figures:125
Segments covered:By Component Type, By Application
Companies covered:: Viridix Ltd., Orbit Irrigation Products LLC, HydroPoint, The Toro Company, Rain Bird Corporation, Rachio inc., NETAFIM, Galcon, Weathermatic, HUNTER INDUSTRIES, Banyan Water, Inc., Stevens Water Monitoring Systems Inc., Valmont Industries, Inc., The Scotts Company LLC, AquaSpy, Soil Scout Oy, Jain Irrigation, Inc., and Others
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

Controls, sensors, and water flow meters make up a smart irrigation system. They enable farmers and other end users to access, track, and control any inch of land, regardless of size, potentially making farming and other end-use easier. Smart irrigation systems, on the other hand, have enormous potential for automating the entire irrigation system and increasing output by controlling land environmental parameters like moisture, temperature, and humidity. This automation is made possible by using controllers, sensors, and other water-saving irrigation system replacement components. The adoption of IoT technology in agricultural and related industries, as well as the convergence of various control duties, are expected to drive the North America smart irrigation market.

 

Restraining Factors

Smart irrigation devices communicate using a variety of interfaces, technologies, and protocols. Nonetheless, the lack of standardization may result in data falsification and complicate system integration.

 

Market Segmentation

 

The North America smart irrigation market share is classified into component type and application

 

  • The controllers and sensors segment is expected to hold the largest market share through the forecast period.

The North America smart irrigation market is segmented by component into controllers and sensors, flow meters, water management software, and weather-based sensors. Among these, controllers and sensors segment is expected to hold the largest market share through the forecast period. Because these devices are critical for effective water management and conservation, they help to optimize irrigation techniques by considering variables such as weather, soil moisture levels, and plant water requirements.

 

  • The precision agriculture segment is expected to dominate the North America smart irrigation market during the forecast period.       

Based on the application, the North America smart irrigation market is divided into precision agriculture, residential landscaping, commercial landscaping, golf courses, and public and municipal landscaping. Among these, the precision agriculture segment is expected to dominate the North America smart irrigation market during the forecast period. Precision agriculture refers to the use of new technology to improve irrigation methods in farming and agricultural operations.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America smart irrigation market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Viridix Ltd.
  • Orbit Irrigation Products LLC
  • HydroPoint
  • The Toro Company
  • Rain Bird Corporation
  • Rachio inc.
  • NETAFIM
  • Galcon
  • Weathermatic
  • HUNTER INDUSTRIES
  • Banyan Water, Inc.
  • Stevens Water Monitoring Systems Inc.
  • Valmont Industries, Inc.
  • The Scotts Company LLC
  • AquaSpy
  • Soil Scout Oy
  • Jain Irrigation, Inc.
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

 

  • In April 2022, Viridix Ltd. announced the launch of its most advanced Precision Irrigation System. Viridix's Gen3 new system integrates with remote monitoring and irrigation control solutions, resulting in a ground-breaking autonomous irrigation solution.

 

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the North America smart irrigation market based on the below-mentioned segments:

 

North America Smart Irrigation Market, By Component

  • Controllers and Sensors
  • Flow Meters
  • Water Management Software
  • Weather-Based Sensors

 

North America Smart Irrigation Market, By Application

  • Precision Agriculture
  • Residential Landscaping
  • Commercial Landscaping
  • Golf Courses
  • Public and Municipal Landscaping

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