Market Overview
In 2023, the smart irrigation market was estimated at USD 1,492.8 million. The Smart Irrigation Market is expected to increase from USD 1,733.1 million in 2024 to USD 4,984.2 million by 2030, with a compound annual growth rate (CAGR) of 14.3% over the forecast period.

Smart irrigation systems monitor weather, soil, and water conditions by automating the irrigation system with controllers, sensors, and meters, making it efficient, data-driven, and cost-effective. Adopting an intelligent irrigation system can prevent different errors by utilizing controllers that help evaluate and detect problems with real-time monitoring of the irrigation system, allowing farmers to take corrective action. The adoption of IoT-based architecture, as well as government tight water conservation rules, are driving growth in the smart irrigation industry.

Smart irrigation systems have gained popularity in recent years as an alternative to traditional irrigation systems. This is primarily due to advancements in communication technology, which have made it easier for farmers and other stakeholders to monitor and regulate irrigation systems. Such a transition has been considerably aided by the widespread use of mobile phones, particularly internet connections. Mobile phones have thus become a must-have item for farmers, as they can now obtain critical information on weather conditions, soil, and crop conditions through some of the applications designed for mobile phones.

Market Segment insights
This study categorizes the Global Smart Irrigations market by component type, which includes controllers, sensors, water flow meters, and others.
This study divides the Global Smart Irrigations market into two segments based on system type: weather-based controller systems and sensor-based controller systems.
This study divides the Global Smart Irrigations market into two segments based on application: agricultural and non-agricultural.

Regional insights
The study focuses on markets in North America, Europe, Asia, the Middle East, and Africa. In 2023, North America held the largest market share. The smart irrigation market in North America has grown significantly because to government initiatives, technical improvement, and the demand for sustainable farming methods.

Smart irrigation is gaining traction in Europe as the demand for effective water management in agriculture grows. Farmers have been able to better manage their water supply, save money, and increase yields thanks to advanced technologies such as sensors, weather forecasts, and data analysis.

Rapid urbanization and shortage of water are driving the growing demand for effective irrigation systems in Asia-Pacific. Smart irrigation to optimize water resources has become a vital activity in current fine farming in Asia and the Pacific.

Major Players
The market’s major companies include The Toro Company, Netafim, Hunter Industries, Rain Bird Corporation, HydroPoint, Rachio, Banyan Water, RainMachine - Green Electronics LLC, ET Water (Jain Irrigation, Inc.), Galcon, Weathermatic, Skydrop, Delta-T Devices, and Scotts Miracle-Gro.