Revolutionizing Agriculture: The Smart Irrigation Market Takes Center Stage with Increased Demand for Efficient Water Management
The smart irrigation market is projected reach to grow USD 2.3 billion by 2026 growing at a CAGR of 14.9 % during the forecast period. Some of the major factors driving the smart irrigation market growth includes active participation of governments in providing rebates and subsidies to enhance the adoption of smart irrigation technology, increasing awareness among farmers regarding the benefits of the adoption of smart irrigation, and increased crop yield with minimum wastage of water and fertilizers.
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With the goal of minimising waste and optimising efficiency,
smart irrigation refers to the use of technology to manage and control the
watering of crops and landscapes. The market for smart irrigation is expanding
quickly due to factors such water shortage, rising food production demand, and
the requirement for effective water management.
Smart irrigation systems use various technologies, such as
sensors, weather monitoring, and data analysis, to determine the exact amount
of water needed for specific crops and soil conditions. These systems also
allow for remote control and monitoring of irrigation, reducing the need for
manual labor and increasing the efficiency of water usage.
The need for intelligent irrigation systems is growing as
water scarcity becomes a significant issue in many areas. The market for smart
irrigation is expanding as a result of the movement towards sustainable
agriculture and the requirement to boost food production.
Governments and organizations around the world are investing
in smart irrigation solutions, recognizing the need to improve water management
and reduce waste. The smart irrigation market is expected to continue its
strong growth in the coming years, offering companies in this industry a unique
opportunity to provide innovative and sustainable solutions to a growing
problem.
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Asia Pacific is an emerging market for smart irrigation and
is expected to witness the fastest growth in the forecast period. Key countries
in Asia Pacific are China, Japan, Australia, India, Singapore, and Indonesia.
These countries have started various programs and groups to promote the growth
of modern agricultural techniques, which would directly benefit the smart
irrigation market. Australia and China have been leading the market in Asia
Pacific.
News also Covered: https://www.prnewswire.com/news-releases/smart-irrigation-market-worth-2-3-billion-by-2026--exclusive-report-by-marketsandmarkets-301434867.html
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