Global Automatic Irrigation Market | Size, Sales, Growth Rate , Competition Landscape And Forecast 2027
Automatic Irrigation Market Overview:
The purpose of this research is to provide a detailed analysis of the Automatic Irrigation market by segment and geography. The report goes into great detail about the primary factors influencing the Automatic Irrigation market's growth. The research also includes a comprehensive assessment of the market's value chain.
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Global Automatic Irrigation Market was worth US$ 2.80 Bn. in 2020 and total revenue is expected to grow at a rate of 18.5% CAGR from 2021 to 2027, reaching almost US$ 9.19 Bn. in 2027.
To get the final quantitative and qualitative data, all possible components influencing the markets covered by this research study were studied, thoroughly researched, validated by primary research, and evaluated. Market size is predicted for top-level markets and sub-segments, and the influence of inflation, economic downturns, regulatory and policy changes, and other variables is taken into account when estimating market size. This data is collated and presented in this study, together with comprehensive contributions and analysis from companies.
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights applied to each section based on usage rate and average sale price are used to determine percentage splits, market shares, and segment breakdowns. The percentage adoption or usage of the provided market Size in the relevant area or nation is used to determine the country-wise splits of the overall market and its sub-segments.
In February 2020, Rain Bird introduced the ESP-LXIVM series controllers, which offer large, challenging sites improved water management capabilities, diagnostics, and a slew of brand-new features.
As a result of increasing water scarcity and a global movement toward mechanising agricultural processes, the market is probably going to experience slight demand growth. The use of conventional agrarian irrigation methods is severely constrained by growing water scarcity and unpredictable rainfall patterns, which has increased global demand for improved irrigation systems. Except for surveillance, irrigation automation systems run with little to no assistance from operators. Additionally, these systems lessen the need for ongoing monitoring, personnel costs, and water waste.
The market is further divided into Time-based, Volume-based, Real-time-based, and Computer-based Control Systems based on the type of automation. With more than 30% of global revenue in 2019, the time-based automation type segment dominated the market. The high percentage is primarily caused by benefits like total control over irrigation, cheaper labour, and less fuel consumption, among others. The user can control, intervene, and monitor crops at various irrigation stages at regular intervals thanks to the time-based automation system. The time-based approach is therefore better suited to increase harvest productivity.
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Market leaders are identified through primary and secondary research, and market revenue is calculated by primary and secondary research. Primary research included in-depth interviews with important thought leaders and industry professionals such as experienced front-line personnel, CEOs, and marketing managers, while secondary research included an analysis of the top manufacturers' quarterly and financial performance. Secondary data is used to establish worldwide market percentage splits, market shares, growth rates, and breakdowns, which are then cross-checked against primary data.
The major players covered in the Automatic Irrigation market report are
• Jain Irrigation Systems
• Rain Bird
• The Toro Company
• Hunter Industries
• Lawn genie
• Nelson Irrigation
• The Toro Company
• Valmont Industries Inc.
• Rain Bird Corporation
• Rubicon Water
• Nelson Irrigation
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Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Automatic Irrigation Market:
The COVID-19 pandemic has impacted industries such as aerospace and military, agriculture, autos, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among others. COVID-19 has had an influence on the Automatic Irrigation market as a whole, as well as the growth rate in 2019-2020, as the impact of COVID-19 has spread. Our most recent questions, views, and market information are vital to the Automatic Irrigation industry's firms and associations.
Key Questions Answered in the Automatic Irrigation Market Report are:
- Which segment grabbed the largest share in the Automatic Irrigation market?
- What was the competitive scenario of the Automatic Irrigation market in 2021?
- Which are the key factors responsible for the Automatic Irrigation market growth?
- Which region held the maximum share in the Automatic Irrigation market in 2021?
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