Global Irrigation Automation Market Size, Share, Growth Analysis, By Type(Sprinkler Irrigation and Drip Irrigation), By End-User(Agricultural Farms, and Golf Courses) - Industry Forecast 2024-2031

Global Irrigation Automation Market size was valued at USD 4.07 billion in 2022 and is poised to grow from USD 4.76 billion in 2023 to USD 16.59 billion by 2031, growing at a CAGR of 16.9% during the forecast period (2024-2031).

Increased water scarcity and the tendency toward mechanization of agricultural processes are predicted to cause a major surge in demand for agricultural products worldwide. Unpredictable rainfall patterns and an increasing water problem are making traditional agricultural irrigation methods unworkable, necessitating the deployment of sophisticated irrigation techniques in agriculture around the world. Irrigation system automation has grown in popularity in recent years because it can function with little to no human intervention, saving money on labor costs, water waste, and ongoing supervision. Compared to conventional irrigation systems, more efficient resource management is now possible because to the integration of feedback-based techniques into automated systems.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Irrigation Automation Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the Market size includes the following details: The key players in the Market were identified through secondary research, and their Market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top Market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Irrigation Automation Market Segmental Analysis

The Global Irrigation Automation market is segmented by type, end-user, and region. Based on type, the market can be segmented into sprinkler irrigation, and drip irrigation. Based on end-user, the market is segmented into agricultural farms, and golf courses. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers of the Global Irrigation Automation Market

An important factor propelling the worldwide irrigation automation market is the rising frequency of water constraint and irregular rainfall patterns. In these circumstances, conventional agrarian irrigation systems are losing their efficacy, which is driving up demand for sophisticated irrigation methods. Compared to conventional irrigation systems, more efficient resource management is now possible because to the integration of feedback-based techniques into automated systems. Global demand for innovative irrigation systems is also being driven by the need to increase irrigation efficiency and the growing emphasis on water conservation.

Restraints in the Global Irrigation Automation Market

The high initial cost of these systems' installation and upkeep is one of the main factors impeding the worldwide irrigation automation industry. Hardware parts like sprinklers, controllers, sensors, and valves can be very expensive. Furthermore, hiring qualified workers for these systems' installation, upkeep, and operation raises the entire cost. Market expansion may also be hampered by farmers' ignorance of the advantages of modern irrigation methods and how economical they are in comparison to more conventional irrigation systems.

Market Trends of the Global Irrigation Automation Market

The growing use of precision irrigation techniques, which give farmers access to real-time information on crop requirements, weather patterns, and soil moisture levels, is a significant trend in the worldwide irrigation automation industry. This helps farmers increase crop yields and quality while maximizing water use and minimizing waste. The potential of precision irrigation systems to deliver precise water distribution and minimize water usage by up to 50% has led to their increasing popularity. Examples of these techniques include drip irrigation and micro-sprinklers. The effectiveness and efficiency of precision irrigation systems are also being improved by developments in sensor and control technologies, which is propelling market expansion even further.