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Latin America Smart Irrigation Market Research Report - Segmentation By Irrigation Controller, Hardware And Network Component, Application, and Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027.

Published: March, 2023
ID: 4334
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Smart Irrigation Market Size (2022 - 2027)

Latin America Smart Irrigation Market was worth USD 110.47 million in 2021 and estimated to be growing at a CAGR of 17.1%, to reach USD 225.35 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.

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

LATAM Smart Irrigation Market - By irrigation Controller:

  • Weather based controllers

  • Sensor based controllers

LATAM Smart Irrigation Market - By Hardware and Network component:

  • Sensor
  • Water/flow meter
  • Smart detection system

LATAM Smart Irrigation Market - By Application:

  • Agriculture
  • Non-agriculture

LATAM Smart Irrigation Market - By Geography:

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

  • Argentina
  • Brazil
  • Mexico

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)

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