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Irrigation Automation Market Size

Report ID: FBI 2658

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Published Date: May-2024

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Format : PDF, Excel

Market Outlook:

Irrigation Automation Market size crossed USD 3.35 Billion in 2023 and is predicted to reach USD 11.15 Billion by end of the year 2032, growing at over 14.3% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 3.35 Billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

14.3%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 11.15 Billion

19-23 x.x %
24-32 x.x %
Irrigation Automation Market

Historical Data Period

2019-2023

Irrigation Automation Market

Largest Region

North America

Irrigation Automation Market

Forecast Period

2024-2032

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Market Dynamics:

Growth Drivers & Opportunity:

1. Increasing demand for water conservation and efficiency in agriculture, leading to the adoption of automated irrigation systems.

2. Advancements in technology, such as IoT and AI, enabling precise and real-time monitoring and control of irrigation processes.

3. Government initiatives and policies promoting the use of smart irrigation solutions to improve crop yield and reduce water usage.

4. Growing awareness among farmers about the benefits of automation in irrigation, driving the market for smart irrigation products and services.

Industry

Report Scope

Report CoverageDetails
Segments CoveredIrrigation Type, Automation Type, End User
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledThe Toro Company, Netafim, Rubicon Water, Galcon, Valmont Industries, Nelson Irrigation, Jain Irrigation Systems, Rain Bird, Hunter Industries, and Lindsay

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1. High initial investment and installation costs associated with automated irrigation systems, limiting adoption among small and medium-sized farmers.

2. Lack of skilled labor and technical know-how to operate and maintain sophisticated irrigation automation technologies.

3. Concerns regarding data security and privacy in connected irrigation systems, leading to reluctance among some farmers to embrace automation.

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Irrigation Automation Market Size & Share, By Irri...

RD Code : 24