LAMEA Smart Irrigation Market By type (Climate based and Sensor based), By Component (controllers, sensors, Meters, and Others), By End Use (agricultural, Golf Course, Residential, and Others), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Market Report Description
The Latin America, Middle East and Africa Smart Irrigation Market would witness market growth of 15.3% CAGR during the forecast period (2021-2027).
Smart irrigation system offers real-time management of watering units coupled with enhancing land fertility, reducing water logging, and identifying any potential risks of natural hazards. In contrast with traditional irrigation controllers that work on a planned schedule, a smart irrigation system works on the basis of sensor inputs. Owing to this, smart irrigation systems are highly used in open-field agricultural lands, greenhouses, landscapes, turfs, and others. Additionally, the advent of the latest technologies like the Internet of things (IoT), big data, and many others is anticipated to augment the growth of the smart irrigation market over the forecast period.
There are numerous governments that are making plans for the implementation of advanced irrigation systems in fields. For instance, the Iranian agriculture ministry has implemented a plan for deploying advanced or smart irrigation systems in the farmlands across the country in the next few years. Some countries in the African region including Kenya, Ethiopia, Mali, Niger, Morocco, and South Africa are also increasing their focus on implementing advanced irrigation technologies and solutions to promote water conservation. These aspects would augment the growth of the regional smart irrigation market over the forecast period.
The Brazil market dominated the LAMEA Smart Irrigation Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $66.7 million by 2027. The Argentina market is anticipated to grow at a CAGR of 16.2% during (2021 - 2027). Additionally, The UAE market would witness a CAGR of 14.7% during (2021 - 2027).
Based on type, the market is segmented into Climate based and Sensor based. Based on Component, the market is segmented into controllers, sensors, Meters, and Others. Based on End Use, the market is segmented into agricultural, Golf Course, Residential, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Toro Company, Valmont Industries, Inc., Orbia Advance Corporation (Netafilm Ltd.), Hunter Industries, Inc., Jain Irrigation Systems Limited, Galcon Ltd., Telsco Industries, Inc. (Weathermatic), Stevens Water Monitoring Systems, Inc., Banyan Water, Inc., and AquaSpy, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Climate Based
- Sensor Based
By End Use
- Golf Course
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- The Toro Company
- Valmont Industries, Inc.
- Orbia Advance Corporation (Netafilm Ltd.)
- Hunter Industries, Inc.
- Jain Irrigation Systems Limited
- Galcon Ltd.
- Telsco Industries, Inc. (Weathermatic)
- Stevens Water Monitoring Systems, Inc.
- Banyan Water, Inc.
- AquaSpy, Inc.
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