The North American smart irrigation market size is projected to reach USD 542.41 million in 2024 and expected to reach USD 1119.73 billion by 2029, estimated to be growing at a CAGR of 15.6% from 2024 to 2029.
The 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 the 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.
Expanding farming operations costs, 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, a lack of awareness regarding the potential benefits of smart irrigation solutions and high implementation cost are the restraining the growth of the market.
The Smart Irrigation market was dominated by North America. With the increasing concern for water conservation and to minimize the wastage of resources, the governments in North America are actively propagating the use of smart irrigation systems for residential and non-residential use.
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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