How Is Technology Reshaping The Smart Irrigation Industry?
"Smart Irrigation Market (Component Type - Smart Irrigation Controller System, Soil Moisture Sensor, Rain or Freeze Sensor, Water Management Platform, Flow Management Solution and Other Sensors; End-user - Agri Professionals, Commercial Properties, Communities, Education & Play Grounds, Government, Architect & Specifiers, and Other End-users; Solution Type - Smart Irrigation Management, Leak & Flow Management, Water Budget Management, Drought Compliance Management, and Other Solutions) Future Scenario 2018- 2026 " released by TMR covers:
The integration of "smart" technologies in irrigation systems helped the agriculture industry in overcoming the shortcomings of traditional irrigation practices. By offering a variety of advantages, smart irrigation systems and solutions are being adopted in several parts of the world. Agriculturists and farmers, in particular, are promoting smart irrigation technologies on the grounds their key role in optimizing the usage of water. From checking the soil moisture levels to prepping up for changing weather conditions, a range of sensors and wireless communication technologies are lined together for facilitation smart irrigation. The advantage of these technologies remains long-terms as every drop of water saved with the help of smart irrigation amounts for a significant contribution to the global water conservation.
With advancements in sensor technologies, smart irrigation systems of tomorrow are becoming more effective in controlling the usage of water. Even in domestic end-uses such as schoolyards, government parks and community botanical gardens, smart irrigation is witnessing a steadfast adoption. Smart irrigation has commendably changed the status quo of how farming was solely dependent on favorable weather conditions. New products entering the global smart irrigation market are transforming the irrigation practices, and thereby boosting the agricultural produce to a considerable extent
The global smart irrigation market has been segmented on the basis of end use into education and play grounds, agri-professionals, communities, commercial properties, architect and specifiers, and others. Among these, agri-professionals segment is expected to register a healthy growth rate in the next few years. This segment is considered to hold a major share of the market in the coming few years. On the other hand, the architect and specifiers and communities segments are estimated to register a healthy growth rate in the coming few years.
Research and Developments to Drive Global Smart Irrigation Market
The rising demand for food production and the reduction in the wastage of resources are considered as the key factors that are projected to encourage the growth of the global smart irrigation market in the next few years. In addition to this, the growing need for water conservation is projected to accelerate the growth of the overall market in the next few years. On the flip side, the lack of awareness among consumers regarding the smart irrigation and the high initial cost of installation are the factors that are likely to hamper the growth of the smart irrigation market in the next few years. Nonetheless, the continuous advancements and innovations in the communication technology and the adoption of irrigation drones are projected to offer potential growth opportunities for the market players in the coming few years.
The insights presented here are from a research study Smart Irrigation Market by TMR