According to a new market research report published by Credence Research ?Smart Irrigation Systems Market  (Sensors, Flow Meters, Smart Detection; Agriculture (Farms and Greenhouses), Non-agriculture (Sports Grounds, Landscapes & Turfs and Residential)) - Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 - 2022?, the global smart irrigation systems market stood at US$ 410 Mn in 2015 and is estimated to expand with a CAGR of 15.7% from 2016 to 2022.

The complete report is available at http://www.credenceresearch.com/report/smart-irrigation-systems-market

Market Insights:

Smart irrigation refer to advanced irrigation systems that incorporate various sensors and network components for better efficiency. The traditional irrigation systems such as sprinklers and drip irrigation systems are connected with a network of sensors and smart detection devices. The prime motive behind the advent of smart irrigation systems is to enhance the overall water efficiency of irrigation systems. The sensor network is the most important component of the smart irrigation system and is designed to monitor various parameters including rain, soil moisture, temperature and water flow. Thus, the sensors segment accounts for the largest share, in terms of revenue, of the overall smart irrigation systems market.

The smart irrigation systems market is largely spurred by the rising population coupled with food requirement worldwide. According to the United Nations, the world population is expected to cross the 8 Bn mark by 2030. This would further result into higher food production. Consequently, the adoption of more efficient and convenient irrigation systems is expected to increase significantly in the coming years resulting into higher demand for smart irrigation systems. Nevertheless, the most significant hindrance for the market is the high cost of the smart irrigation network. As a result, these systems are currently used in non-agriculture segments such as residential, sports grounds and others.

Competitive Insights:

Major companies operating in the smart irrigation systems market are Netafim Ltd., The Toro Company, Hunter Industries, Inc., Baseline, Inc. and others. The market is fragmented in nature with various players striving to provide smart irrigation systems. Most of the companies emphasize on developing advanced sensor networks and better remote operation. Companies also provide additional kits that can be incorporated in the existing irrigation systems making the overall ?smart? irrigation system. Majority of the smart irrigation system providers are located in North America.

Key Trends:

• Smart drip irrigation systems through chemigation and fertigation
• Smart sprinkler irrigation systems
• Focus on large untapped markets such as China and India
• Development of smarter sensor networks with precise moisture monitoring

The complete report is available at http://www.credenceresearch.com/report/smart-irrigation-systems-market

Irrigation is the application of controlled amounts of water to plants at needed intervals. Irrigation helps grow agricultural crops, maintain landscapes, and revegetate disturbed soils in dry areas and during periods of less than average rainfall. Irrigation also has other uses in crop production, including frost protection, suppressing weed growth in grain fields and preventing soil consolidation. In contrast, agriculture that relies only on direct rainfall is referred to as rain-fed or dry land farming.

Irrigation systems are also used for cooling livestock, dust suppression, disposal of sewage, and in mining. Irrigation is often studied together with drainage, which is the removal of surface and sub-surface water from a given area. Irrigation canal in Osmaniye, Turkey Sprinkler irrigation of blueberries in Plainville, New York, United States

Irrigation has been a central feature of agriculture for over 5,000 years and is the product of many cultures. Historically, it was the basis for economies and societies across the globe, from Asia to the Southwestern United States. Source: Wikipedia

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