Asia Pacific Smart Irrigation Market

Asia Pacific Smart Irrigation Market Size (2022 - 2027)

Asia Pacific Smart Irrigation Market was worth USD 350.94 million in 2021 and estimated to be growing at a CAGR of 17.9%, to reach USD 619.68 million by 2026.

Smart irrigation system is an automated system which provides plants the exact water when it’s required without any manual intervention. It automatically adjusts the watering schedule based on various real-time parameters including water content of the plant, wind speed, wind direction and local weather data. It has numerous advantages including environmental sustainability, reduced labor cost, and less water usage.

Market Drivers and Restraints

Expanding farming operations cost, increasing government initiatives to promote water conservation and growing importance to increase farm profit by utilizing automated irrigation solutions are the major factors driving the smart irrigation market.  Also, increasing need to monitor and control the water requirements of the field due to inadequate rainfall and water are further expected to fuel the growth of the market. However, lack of awareness regarding the potential benefits of smart irrigation solutions and high implementation cost are the restraining the growth of the market.

Market Segmentation

APAC Smart Irrigation Market - By Irrigation Controller:

• Weather based controllers

• Sensor based controllers

APAC Smart Irrigation Market - By Hardware and Network Component:

• Sensor

• Water/flow meter

• Smart detection system

APAC Smart Irrigation Market - By Application:

• Agriculture

• Non-agriculture

APAC Smart Irrigation Market - By Region:

On the basis of geography, the market is analysed under various regions namely

• China

• India

• Japan

• Australia

• South Korea

Asia Pacific is expected to grow at the highest CAGR due to growing interest on technology based agriculture practices and continuous focus to improve agricultural productivity.

Major Key Players:

Some of the prominent vendors in the smart irrigation market, include Hunter Industries, Rain Bird Corporation, Netafim, HydroPoint Data Systems, Inc., Rachio Inc., The Toro Company, Calsense, Galcon, Blossom and Green Electronics LLC (RainMachine)