by Fairfield Market Research, a leading research firm, has conducted preliminary research that suggests a promising growth outlook for the global irrigation automation market in the coming years. The market is expected to witness significant expansion, driven by factors such as real-time feedback systems and concerns over water scarcity.
Real-time Feedback Systems Transforming Irrigation Automation
The global irrigation automation market is experiencing a transformation, with a focus on real-time feedback systems. These systems allow farmers to make irrigation decisions based on current plant requirements, enhancing efficiency and reducing expenses associated with pesticide application and irrigation. Sensor-based irrigation networks send real-time data to irrigation management software, enabling precise irrigation scheduling. This segment is expected to dominate the market throughout the forecast period.
Addressing Water Scarcity Through Automation
Water scarcity has become a critical issue, particularly in regions like India. The governments initiatives, such as the Micro-Irrigation Fund (MIF) under the Pradhan Mantri Krishi Sinchayee Yojna (PMKSY), have spurred the adoption of micro-irrigation technologies. Subsidies for drip irrigation systems and the development of web-based applications for customized micro-irrigation systems have further contributed to water conservation efforts.
North Americas Emphasis on Natural Resource Preservation
In North America, natural resource preservation has gained prominence, with the adoption of irrigation automation systems being the highest. Water conservation programs, like the WaterSense plan by the US EPA, promote efficient water usage across various sectors. The growing awareness among consumers about the benefits of automation and increased disposable income are driving the markets growth.
A Bright Future for Global Irrigation Automation Market
The global irrigation automation market is poised for growth as it aligns with the increasing demand for advanced technologies and products. Automation enhances consumers quality of life by saving time, reducing costs, and streamlining the irrigation process. Governments worldwide are actively supporting such initiatives, further boosting the adoption of irrigation automation.
Competitive Landscape
Key players in the irrigation automation market include Netafim (Israel), Jain Irrigation Systems Ltd. (India), Lindsay Corporation (US), Rain Bird (US), The Toro Company (US), Valmont Industries, Inc. (US), Hunter Industries (US), Weathermatic (US), and HydroPoint Data Systems (US).
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/irrigation-automation-market
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This press release first seen on Brilad
COMTEX_442320028/2840/2023-10-23T08:21:13
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No journalist was involved in the writing and production of this article.