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17.2% CAGR For Smart Irrigation Market Growth 2022 Driven by Increasing Concern for Water Conservation

The smart irrigation market based on region will reach $1,504.6 million by 2022 and grow at a CAGR of 17.2% during the forecast period. The major driving factors for the smart irrigation market are increasing demand for food production and increasing concern for water conservation. North America dominated the global smart irrigation market in 2015. The North America region has shown a progressive growth for the protection of the environment and planned use of natural resources. The U.S. is the largest market for smart irrigation. The municipalities in the U.S. and water agencies are offering rebates on smart irrigation and water-efficient irrigation components. Sensors are expected to hold the largest share of the smart irrigation market by 2022. Efficient utilization of sensor helps to enhance the productivity and profitability of land and crop. Complete report on smart irrigation market spread across 175 pages, profiling 10 companies and supported with 95 tables and 52 figures is now available at http://www.rnrmarketresearch.com/smart-irrigation-market-by-irrigation-controller-weather-based-controllers-and-sensor-based-controllers-hardware-and-network-components-application-and-geography-global-forecast-to-2022-market-report.html .

The market in Asia-Pacific is expected to grow at the highest CAGR in the smart irrigation market between 2016 and 2022. The major drivers for the growth of the smart irrigation market in the APAC region include increasing shift of climatic conditions, reduction in the wastage of water, and others. Agriculture, turf and landscape, residential, landscaping and ground care are the preferred application areas for smart irrigation in this region.

Weather-based controller held the largest share of the smart irrigation market segmented on the basis of irrigation controller in 2015. It predefines the irrigation water requirement on the basis of weather conditions, soil type, slope, soil moisture, so as cut the wastage of water. It takes input on weather conditions and irrigates land accordingly. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=539782 .

Non-agriculture held the largest share of the market segmented on the basis of application in the smart irrigation market in 2015. Non-agriculture application includes residential, turf and landscape, golf course, and others. Measuring soil moisture and maintaining the right amount of water in the soil is important in the non-agricultural application as it helps to minimize the wastage of water and others resources.

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (20%), Tier 2 (45%) and Tier 3 (35%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level (50%), Director Level (35%) and others (15%) from various key organizations operating in the global smart irrigation market. The primary interviews were conducted worldwide covering regions such as North America (49%), Europe (17%), APAC (17%), and RoW (17%).

The major players in smart irrigation market include Rain Bird Corporation (U.S.), The Toro Company (U.S.), Hunter Industries (U.S.), Netafim (Israel), and HydroPoint (U.S.). The geographic segmentation covers five major regions of the world, namely, North America, South America, Europe, Asia-Pacific, and Rest of the World (RoW). Priced at $4650 for a single user PDF, Inquire Before Buying on “Smart Irrigation Market by Irrigation Controller (Weather-Based Controllers and Sensor-Based Controllers), Hardware and Network Components, Application, and Geography - Global Forecast to 2022” research report can be requested at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=539782 .

On a related note, another research titled Smart Agriculture Market Global Forecast to 2022 says, the smart agriculture market will reach $18.45 billion by 2022, at a CAGR of 13.8% between 2016 and 2022. Precision farming held the largest share of the market segmented on the basis of application in the Smart agriculture market in 2015. The market in Asia-Pacific is expected to grow at the highest CAGR in the Smart agriculture market on the basis of geography between 2016 and 2022. Companies like Deere & Company (U.S.), Trimble Navigation Ltd. (U.S.), Ag Junction (U.S.), Raven Industries Inc. (U.S.), and AGCO Corporation (U.S.) have been profiled in this 145 pages research report available at http://www.rnrmarketresearch.com/smart-agriculture-market-by-hardware-and-network-platform-gps-gnss-devices-sensor-monitoring-systems-and-smart-detection-systems-network-elements-service-software-application-and-geography-global-forecast-to-2022-market-report.html .

Explore more reports on Electronics market at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/electronics .

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