The increased mechanization and adoption of smart technologies for agricultural activities, government initiatives to promote water conservation, and the growing awareness among farmers about the benefits of adopting irrigation automation are some of the factors driving the growth of the market.
The global irrigation automation market size is estimated to account for a value of USD 2.8 billion in 2020 and is projected to grow at a CAGR of 18.5% from 2020, to reach a value of USD 6.7 billion by 2025. The increasing instances of drought and water scarcity across the globe demand more efficient usage of water. The rising demand for agricultural products has led to the mechanization of farm processes, including irrigation.
The irrigation automation market witnessed significant growth due to factors such as stringent government rules regarding agricultural water levels, increasing water wastage in the form of evaporation, and farm runoff. Key players in the market include The Toro Company (US), Hunter Industries (US), Valmont Industries Inc. (US), Rain Bird (US), Jain Irrigation Systems (India), Lindsay Corporation (US), Netafim (Israel), Galcon (Israel), Rubicon Water (Australia), Weathermatic (US), Nelson Irrigation (US), Mottech Water Solution Ltd (Israel), Avanijal Agri Automation Pvt Ltd. (India), Calsense (US), Water Bit (US), and Hydropoint Data Systems (US), Ranch Systems (US), Grow Link (US), Irritec S.P.A (Italy), Blurain (India), Growgreen Irrigation Systems (India), Novagric (Spain), Hortau (US), Tevatronic (Italy), and Dorset Group B.V (Netherlands). These major players have been focusing on new products, services, and technology launches to improve their offerings to the market.
Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=60266313
Scope of the Report
Based on Sytem:Asia-Pacific is projected to grow at the highest CAGR during the forecast period
The increased awareness among farmers about the benefits related to the adoption of semi-automated and automated irrigation systems, along with reducing water levels in river basins of the Asia Pacific region, are some of the factors driving the growth of the market. The change in precipitation pattern is compelling farmers to use sensor-based irrigation systems to take better-informed decisions.
Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=60266313
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Collagen Peptides Market worth $795 million by 2025
Food & beverage manufacturers have started using collagen peptides increasingly as an ingredient in a wide range of products. Also, with biotechnological advancement, collagen peptides have found its use in various biomedical applications. The versatile nature of collagen peptides makes it useful in the pharmaceutical industry for the production of orally administrative medicines.
Pea Starch Market is Expected to Reach $203 Million by 2026
Growth in the demand for pea starch in the end-user application industries is driving the market growth of pea starch. Further, increase in the demand for gluten-free products is also a major factor resulting to the rise in the demand for pea starch.
Shrink Plastic Film Market is Estimated to Grow $3.0 billion by 2025
Based on type, the shrink plastic film market for beverage multipacks is dominated by the unprinted shrink plastic film segment.
