Precision Irrigation Market set to rise $6.8 billion by 2030, as Adoption of smart farming technologies hits transformation ground


Posted January 27, 2025 by datastring

Industry revenue for Precision Irrigation is estimated to rise to $10.3 billion by 2035 from $3.8 billion of 2023. The revenue growth of market players is expected to average at 8.7% annually for the period 2023 to 2035.
 
According to a recent research, Industry revenue for Precision Irrigation is expected to rise to $6.8 billion by 2030 from $3.8 billion of 2023. The revenue growth of industry players is estimated to average at 8.7% annually for period 2023 to 2030. Growing end-industry applications in major countries like U.S., India and China, is driving the market demand high.

Research Study analyse the new revenue pockets, emerging markets, competition landscape, opportunities & niche insights for Technology (Smart Irrigation Controllers, Sensors, Flow Meters, Others), Type (Drip Irrigation, Sprinkler Irrigation, Micro-Irrigation) and Component (Hardware, Software, Services).

Access the detailed report here - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐ฉ๐ซ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง-๐ข๐ซ๐ซ๐ข๐ ๐š๐ญ๐ข๐จ๐ง-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

North America and Asia-Pacific are the two most active and leading regions in the market. In the Asia Pacific region there is a focus on cost solutions in the market; companies such as Jain Irrigation Systems and Rivulis are aiming to make precision irrigation technologies affordable and accessible to small and medium sized farms in the area. The increasing government backing, for agriculture is also influencing the competitive environment in this region.

With challenges like high initial costs and limited technical knowledge, Precision Irrigation marketโ€™s eco system is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including Brazil, South Africa and Egypt for revenue diversification and TAM expansion. The rise of farming technologies, like artificial intelligence (AI) sensors and drones is transforming how irrigation is managed and driving the growth of the market.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ

The Precision Irrigation market is characterized by intense competition, with a number of leading players such as Netafim, Jain Irrigation Systems, Lindsay Corporation, Rivulis, Toro Company, Valmont Industries, Rain Bird Corporation, Hunter Industries, Nelson Irrigation, Irritec, T-L Irrigation and DripWorks. These players are pushing & penetrating the market with their strategies.
๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐๐จ๐ฐ๐ง๐ฅ๐จ๐š๐๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž/๐ฉ๐ซ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง-๐ข๐ซ๐ซ๐ข๐ ๐š๐ญ๐ข๐จ๐ง-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐’๐ญ๐ซ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ 

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated January 27, 2025