The report titled “COVID-19 Impact on Smart Irrigation Market” sheds a concentrated focus on the Smart Irrigation industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market.
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The Smart Irrigation Market is estimated to be worth USD 1.0 Billion in 2020 and projected to reach USD 2.1 Billion by 2025, at a CAGR of 15.3%.
Top Companies Profiled in the Smart Irrigation Market:
- Rain Bird Corporation
- The Toro Company
- Hunter Industries
- Manna Irrigation
- Stevens Water Monitoring Systems
The market for controllers estimated to dominate the market during the forecast period
The controllers are the core components in an automated agriculture systems and the market for it is estimated to doniate the market during the forecast period. The adoption of these controllers by the large commercial farms has resulted in the huge demand as well as the developments in the field of IoT in agriculture has automated the controllers to a large extent.
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The market for agriculture applications estimated to grow at highest CAGR during the forecast period
The non-agriculture application hold a major chunk of share in the smart irrigation market however the use of smart irrigation systems in the agriculture has been on the rise with a substantial growth prospects. The rising concerns to feed the growing population and focus on sustainable development has led to the use of precision irrigation to provide optimum inputs.