Key Market Players:
Key players in the global market include The Toro Company (US), Hunter Industries (US), Valmont Industries Inc. (US), Rain Bird (US), Jain Irrigation Systems (India), Lindsay Corporation (US), Netafim (Israel), Galcon (Israel), Rubicon Water (Australia), Weathermatic (US), Nelson Irrigation (US).
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The water scarcity and a decrease in annual precipitation in the Asia Pacific region is projected to drive the growth of the Irrigation automation market
The Asia Pacific region accounted for the largest share of the market in 2019. The reducing water levels in river basins of the Asia Pacific region along with increased awareness among farmers about the benefits related to the adoption of semi-automated and automated irrigation systems are some of the factors driving the growth of the market.
By irrigation type, drip irrigation segment is estimated to account for a larger market share, in terms of value, in 2020
Most developing countries across the globe make use of irrigation technologies, such as sprinklers and drip irrigation. The automation of drip irrigation has become increasingly popular due to higher consistency in yields, reduced power usage as compared to sprinkler irrigation, the possibility of being used in smaller pieces of land, and higher efficiency in the application of fertilizers with little or no leaching.
By components, controllers segment is estimated to account for a larger market share, in terms of value, in 2020
The irrigation automation market, based on components, is segmented into controllers, valves, sensors, sprinklers, and other components, which include pressure gauges, monitoring devices, and flow meters. Controllers hold the largest share as they are the central unit of the entire irrigation automation system and are also the costliest component. The increased demand for semi-automatic systems, such as time-based and volume-based systems, in developing countries, has led to an increase in demand for simple controllers across the globe.
By automation type, time-based irrigation automation system is projected to account for a larger market share in 2020
The market for irrigation automation, based on automation type, has been segmented into time-based, volume-based, real-time feedback, and computer-based irrigation control systems. Since developing countries majorly use irrigation automation systems for agricultural lands, the need for semi-automated irrigation systems, which would allow timely intervention at different irrigation stages, and is cost-effective remains high. Due to these factors, the time-based segment is projected to account for the largest share in the irrigation automation market.
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