Skip to main content

Smart Irrigation Systems Market to Reach US$ 1,192 Mn by 2022: Credence Research

According to a new market research report published by Credence Research “Smart Irrigation Systems Market  (Sensors, Flow Meters, Smart Detection; Agriculture (Farms and Greenhouses), Non-agriculture (Sports Grounds, Landscapes & Turfs and Residential)) - Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 - 2022”, the global smart irrigation systems market stood at US$ 410 Mn in 2015 and is estimated to expand with a CAGR of 15.7% from 2016 to 2022.
Market Insights:
Smart irrigation refer to advanced irrigation systems that incorporate various sensors and network components for better efficiency. The traditional irrigation systems such as sprinklers and drip irrigation systems are connected with a network of sensors and smart detection devices. The prime motive behind the advent of smart irrigation systems is to enhance the overall water efficiency of irrigation systems. The sensor network is the most important component of the smart irrigation system and is designed to monitor various parameters including rain, soil moisture, temperature and water flow. Thus, the sensors segment accounts for the largest share, in terms of revenue, of the overall smart irrigation systems market.
The smart irrigation systems market is largely spurred by the rising population coupled with food requirement worldwide. According to the United Nations, the world population is expected to cross the 8 Bn mark by 2030. This would further result into higher food production. Consequently, the adoption of more efficient and convenient irrigation systems is expected to increase significantly in the coming years resulting into higher demand for smart irrigation systems. Nevertheless, the most significant hindrance for the market is the high cost of the smart irrigation network. As a result, these systems are currently used in non-agriculture segments such as residential, sports grounds and others.
Competitive Insights:
Major companies operating in the smart irrigation systems market are Netafim Ltd., The Toro Company, Hunter Industries, Inc., Baseline, Inc. and others. The market is fragmented in nature with various players striving to provide smart irrigation systems. Most of the companies emphasize on developing advanced sensor networks and better remote operation. Companies also provide additional kits that can be incorporated in the existing irrigation systems making the overall ‘smart’ irrigation system. Majority of the smart irrigation system providers are located in North America.
Key Trends:
  • Smart drip irrigation systems through chemigation and fertigation
  • Smart sprinkler irrigation systems
  • Focus on large untapped markets such as China and India
  • Development of smarter sensor networks with precise moisture monitoring
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Smart Irrigation Systems Market
2.2 Global Smart Irrigation Systems Market, By Component
2.3 Global Smart Irrigation Systems Market, By Application
2.4 Global Smart Irrigation Systems Market, By Geography
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290
Labels:

Comments

Post a Comment

Popular posts from this blog

Commercial Avionics Market To Reach US$ 30.7 Bn By 2025: Credence Research

According to a new market research report published by Credence Research “ Commercial Avionics Market  (By System Type– Flight Control and Management Systems, Display Suites, Radio Tuning and Communication Systems, In-flight Entertainment Systems; By Channel: Forward Fit and Retrofit; By Aircraft Type: Fixed Wing and Rotary Wing) - Growth, Future Prospects, Competitive Analysis and Forecast 2017 - 2025”, the global commercial avionics market was valued at US$ 16.7 Bn in 2016 and is expected to grow at a CAGR of 7.1% during the forecast period from 2017 to 2025. The complete report is available at  http://www.credenceresearch.com/report/commercial-avionics-market Market Insights Commercial avionics industry has witnessed sustainable growth in the recent on account of various factors such as continued demand for commercial aircrafts across the world. However, with technological advancements and rise of stringent norms towards to the use of advanced electronics in aircraf...
Post a Comment
Read more

Opioid Induced Constipation Drugs Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016–2022: Credence Research

The latest market report published by Credence Research “ Global Opioid Induced Constipation Drugs Market  - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016-2022,” the opioid induced constipation drugs market was valued at USD 1,933.2 Mn in 2015, and is expected to reach USD 2,779.24 Mn by 2022, expanding at a CAGR of 4.6% from 2016 to 2022; where North America is has the largest market share. Browse the full report at  http://www.credenceresearch.com/report/opioid-induced-constipation-oic-drugs-market Market Insights Opioids affect the gastrointestinal tract by increasing the required time for moving stool from the gastric system. Opioids also partially paralyze the digestive system thus leaving food remains in the GI tract for a longer time period. They also reduce digestive secretions and the urge to defecate. According to this report, North America is the largest OIC drugs market and is valued at USD 794.5 Mn in 2015. North A...
Post a Comment
Read more

Steam Boiler Systems Market - Growth, Future Prospects and Competitive Analysis, 2017–2025

According to the latest report published by Credence Research, Inc. “ Steam Boiler Systems Market  - Growth, Future Prospects and Competitive Analysis, 2017-2025,” the global steam boiler systems market was valued at US$ 12.24 Bn in 2016, and is expected to reach US$ 20.05 Bn by 2025, expanding at a CAGR of 5.5% from 2017 to 2025. Browse the full report at  http://www.credenceresearch.com/report/steam-boiler-systems-market Market Insights The global market for steam is anticipated to progress at a moderate growth rate. Steam boilers are used across several industries as generators to produce power. Steam boiler systems, based on their types are classified into water tube boilers, fire tube boilers and super heaters. Among these, water tube boilers have emerged as the largest segment in the base 2016 and is anticipated to retain its dominance through the forecast period. Water tube boilers are majorly used in high pressure...
Post a Comment
Read more