North America 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
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the North America Smart Irrigation Market
Market Report Description
The North America Smart Irrigation Market would witness market growth of 13.5% CAGR during the forecast period (2021-2027).
With the introduction of advanced technologies and devices in agricultural sector, governments are taking initiatives to educate and train people for the optimum usage of smart irrigation systems. In addition, sport sector is also using smart irrigation devices to water fields and grounds such as golf course owners are deploying smart irrigation technology to reduce their water consumption. Also, the capability of smart irrigation systems to alter themselves as per watering schedules would attract more customers towards its usage.
The strong agriculture sector of the US and other countries of the region along with the high adoption of advanced smart irrigation solutions would support the regional smart irrigation system. According to the US Department of Agriculture, 19.7 million full and part-time jobs were given by the agricultural and food sectors, which make it 10.3 percent of total U.S. employment. In addition, the US agriculture sector is expanding at a gradual pace, which would create more demand for smart irrigation technologies. Along with that, various government agencies of the region are initiating training programs for farmers to offer more technical knowledge about the operations of smart irrigation controllers.
The US market dominated the North America Smart Irrigation Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $926.5 million by 2027. The Canada market is estimated to witness a CAGR of 16.1% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 15.1% 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 U.S., Mexico, Canada, and Rest of North America.
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
- Rest of North America
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.
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free