The market for irrigation automation is estimated at USD 4.2 billion in 2022; it is projected to grow at a CAGR of 17.2% to reach USD 9.2 billion by 2027. The increased mechanization and adoption of smart technologies for agricultural activities, government initiatives to promote water conservation, and growth in awareness among farmers about the benefits of adopting irrigation automation are driving the market growth
The irrigation automation market consists of a few globally established players such Lindsay Corporation(US), Jain Irrigation Systems Ltd. (India), The Toro Company (US), Valmont Industries Inc. (US), Netafim (Israel), and Rain Bird (US) among others. Product innovations, agreements, collaborations, and partnerships were the dominant strategy adopted by the key players, followed by expansions and new product launches. These strategies helped the companies in increasing their presence across the globe. The expansions were the most used strategy by key players in the irrigation automation market. Recent product launches and agreements were carried out by companies such as The Toro Company (US), Valmont Industries Inc. (US), Rain Bird (US), in an attempt to upgrade and expand existing facilities. Some other leading players in the irrigation automation market Netafim (Israel), Jain Irrigation Systems Ltd. (India), Irrigation Automation Systems Inc (US), Signature Controls Systems, Inc. (US),
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Lindsay Corporation (US), is a one of the leading player in the irrigation automation market with an extensive global presence. It is one of the leaders in the agriculture automation industry that offers products for both automatic and semi-automatic irrigation automation products with components including controllers and sensors. The company majorly operates in two segments, namely, irrigation and infrastructure. The irrigation solutions include irrigation systems, remote irrigation management & scheduling technology, irrigation consulting & designs, and industrial Internet of things (IIOT) solutions under various brand names, such as Zimmatic, Growsmart technology, Watertronixcs, FieldNET, Perrot, IRZ, and Lakos.
The company’s FieldNET platform is widely used in more than 50 countries. It offers remote monitoring and control capabilities that can be integrated into a grower’s irrigation tools and systems. The company has its production and sales operations in Brazil, France, China, Turkey, and South Africa, as well as distribution and sales operations in the Netherlands, Australia, and New Zealand serving the key South American, European, Chinese, African, Russian, Ukrainian, the Middle East, Australian, and New Zealand markets.
Jain Irrigation Systems Inc. (India) is a leading agribusiness enterprise present in the entire value chain. It operates under four segments, namely, hi-tech agri input products, plastic division, agro-processing division, and other business divisions. The hi-tech agri inputs products comprise micro & sprinkler irrigation systems and tissue culture. The company provides digital irrigation solutions for plants under the brand name of JainLogic, a combination of software and hardware that provide effective irrigation automation processes. JainLogic is an amalgam of digital-tech solutions, which fulfill precision agriculture and irrigation management requirements. It includes monitoring & control devices, software applications, and real-time analytical intelligence & prediction analysis for decision support systems.
Irrigation Automation Market by System (Automatic, Semi-automatic), Component (Controllers, Valves, Sprinklers, Sensors, Other components), Irrigation Type (Sprinkler, Drip, Surface), Automation Type, End-Use and Region - Global Forecast to 2027
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