GITNUX MARKETDATA REPORT 2024
Smart Irrigation Industry Statistics
The global smart irrigation industry is projected to grow at a compound annual growth rate of 17.2% from 2021 to 2028.
Statistic 1
"By 2020, the smart irrigation market was valued approximately at USD 1.8 billion globally."
Statistic 2
"It is projected that by 2025, the smart irrigation industry will hit nearly USD 2.5 billion."
Statistic 3
"Around 68% of the global freshwater withdrawals are directed towards irrigation."
Statistic 4
"Weather-based irrigation controllers market is expected to grow at the highest CAGR from 2020 to 2025."
Statistic 5
"Europe is estimated to be the second-largest market of smart irrigation, following North America."
Statistic 6
"The Asia Pacific smart irrigation market will grow over 20% CAGR from 2020 to 2026."
Statistic 7
"The agriculture smart irrigation controller systems is projected to serve an opportunity of USD 647.7 million by 2021."
Statistic 8
"Smart sprinkler irrigation systems market was worth USD 442.7 million in 2020."
Statistic 9
"Drip irrigation accounted for 39.9% of share in 2019 in irrigation systems market."
Statistic 10
"The Middle East and Africa (MEA) smart irrigation market is expected to grow at a CAGR of 18.6% during 2020–2030."
Statistic 11
"Hardware and devices are estimated to hold a larger share in the smart irrigation market in 2020."
Statistic 12
"Sales of smart irrigation have primarily been underpinned by adoption in commercial buildings."
Statistic 13
"Public awareness campaigns encouraging water conservation are estimated to positively affect the market's growth."
Statistic 14
"Latin America is projected to be the fastest-growing region in the agriculture irrigation machinery market."
Statistic 15
"Very small Aperture Terminal (VSAT) technology is expected to witness growth at over 15% CAGR up to 2026."
Statistic 16
"In 2019, surface irrigation technology accounted for over 30% share in the smart irrigation market."
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