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Precision Irrigation Market worth $6.29 billion by 2029 - Exclusive Report by MarketsandMarkets™

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=137052497 Download PDF Brochure:   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=137052497 Browse in-depth TOC on "Precision Irrigation Market" 554 – Tables 61 – Figure 411 – Pages Based on sensors, the fertigation sensors is growing at a higher CAGR in the precision irrigation market during the forecast period. The demand for fertigation sensors in precision irrigation is...
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The demand for fertigation sensors in precision irrigation is expected to increase significantly due to their crucial role in optimizing nutrient delivery and water use. These sensors help farmers monitor and adjust nutrient levels in real-time, leading to higher and better resource efficiency. As sustainable agriculture gains importance, fertigation sensors offer precise control over fertilizer use, reducing waste and environmental harm. Compared to traditional sensors like soil moisture and temperature gauges, fertigation sensors meet the rising need for integrated nutrient management, making them crucial for modern farming practices.

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For precision irrigation to maximize water use and boost crop yields, artificial intelligence (AI) and machine learning are essential because they analyze vast amounts of data from sensors, weather forecasts, and soil conditions. These technologies allow farmers to make real-time decisions, applying water only when and where it's necessary, which reduces waste and improves efficiency. With their ability to recognize patterns and adapt over time, AI and machine learning are set for significant growth in the precision irrigation market, surpassing other technologies like IoT, GIS, and cloud computing due to their superior predictive capabilities.

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North America region dominated the precision irrigation market in 2023. This dominance was due to the modern farming techniques and significant investments in irrigation technologies. Prominent manufacturers such as Hunter Industries Inc. (US), RainBird Corporation (US), Valmont Industries Inc. (US), and The Toro Company (US) are based in this region. These manufacturers promote innovation and make precision irrigation solutions more accessible. A July 2023 article by the non-governmental organization Food and Water Watch reported that drought, exacerbated by climate change and poor water management, is having a severe impact on New Mexico , with industrial agriculture using over 80% of the state's freshwater resources. This heavy reliance on irrigation, along with challenges like water scarcity and strict regulations, encourages farmers to adopt more efficient methods like precision irrigation.

The report profiles key players such as Valmont Industries, Inc. (US), NETAFIM ( Israel ), Hunter Industries Inc. (US), The Toro Company (US), Rain Bird Corporation (US), Lindsay Corporation (US), Rivulis ( Israel ), HydroPoint (US), REINKE MANUFACTURING CO., INC. (US), AZUD ( Spain ), T-L Irrigation (US), and Mahindra Irrigation ( India ).

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Report by Component (Emitters/Drippers, Drip Tubes/Drip Mainlines, Filters & Fertilizer Injectors, Fittings & Accessories, Pressure Pumps, and Valves), Crop Type, Application, Emitter/Dripper Type, & Region - Global Forecast to 2029

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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