The Europe Smart Irrigation Market is expected to witness market growth of 13.9% CAGR during the forecast period (2021-2027).
Smart irrigation systems help in monitoring soil conditions, weather, and plant water usage to automatically change the schedule of watering. Such systems are utilized in the golf course, agriculture, and residential sectors. Factors like the accessibility of the latest features in irrigation systems and the growing penetration of automated monitoring systems in the agriculture sector are estimated to bolster the growth of the smart irrigation market.
Since many countries are majorly focusing on the usage of renewable water resources for agricultural activities, the demand for smart irrigations solutions to prevent excess water usage is expected to create lucrative opportunities for the regional market players. In addition, as per European Parliament, as marginal water productivity reduces with the rising level of water supply, more water productivity was witnessed in rain-fed cultivation and smart irrigation.
Additionally, European Parliament also suggested the usage of smart irrigations as it evaluates the field and assesses the condition of the irrigation site through different controllers and sensors to determine the level of water required on the field. All these determinants is expected to fuel the growth of the regional smart irrigation market over the forecast period.
The Germany market dominated the Europe Smart Irrigation Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $213 million by 2027. The UK market is estimated to grow at a CAGR of 12.7% during (2021 - 2027). Additionally, The France market is expected to experience a CAGR of 15.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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:
By Type
- Climate Based
- Sensor Based
By Component
- Controllers
- Sensors
- Meters
- Others
By End Use
- Agriculture
- Golf Course
- Residential
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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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Table of Contents
Companies Mentioned
- 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.
Methodology
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