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Global smart irrigation market to reach $1,504.6 mn by 2022
May. 9, 2016
According to the report of "Smart Irrigation Market Global Forecast to 2022",the smart irrigation market based on irrigation controllers and hardware & network components is expected to reach USD 1,504.6 Million by 2022 and to grow at a CAGR of 17.2% during the forecast period.
The base year used for this study is 2015 and the forecast period is between 2016 and 2022. This report provides a detailed analysis of the smart irrigation market on the basis of irrigation controllers, hardware and network components, application, and regions.
The base year used for this study is 2015 and the forecast period is between 2016 and 2022. This report provides a detailed analysis of the smart irrigation market on the basis of irrigation controllers, hardware and network components, application, and regions.
Smart irrigation is also called technology-oriented irrigation or precision irrigation. Application of technology and tools in irrigation has led to minimized use of water for irrigating the same land and enhanced productivity of land and yield. Irrigation Controllers in smart irrigation function according to the weather conditions, it shuts off automatically in case of rain, wind, and others. It functions as an important tool to estimate and apply right amount of irrigation water at right place, at right time to enhance the productivity of land and crop.
The smart irrigation ecosystem comprises hardware and network components providers, irrigation controllers’ manufacturers, sensors manufacturers, components, OEMs, research organizations, distributors and suppliers, and end users such as Rain Bird Corporation (U.S.), The Toro Company (U.S.), Hunter Industries (U.S.), Netafim (Israel), HydroPoint (U.S.), Baseline Inc. (U.S.), and others.
Source: MarketsandMarkets (M&M)
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