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Top 5 Countries in Precision Irrigation Market: Spotlight on U.S., India, and China

Industry revenue for Precision Irrigation is estimated to rise to $10.3 billion by 2035 from $3.8 billion of 2023. U.S., India, and China are the top 3 markets and followed by Israel and Australia. These major five combinely holds substantial demand share and compounded annual sales growth of market players in these countries are expected to range between 6.4% and 9.1% annually for period 2024 to 2035.

 

Industry Leadership and Strategies

 

North America  and Asia-Pacific  are the two most active and leading regions in the market. With challenges like high initial costs and limited technical knowledge, Precision Irrigation market’s eco system , is expected to evolve & expand further. Companies such as Netafim, Jain Irrigation Systems, Lindsay Corporation, Rivulis, Toro Company, Valmont Industries, Rain Bird Corporation, Hunter Industries, Nelson Irrigation, Irritec, T-L Irrigation and DripWorks are well placed in the market.

 

Below table analyse the details of major applications, leading players and their strategies.

 

Application

Leading Providers

Strategic Initiatives

Agriculture

Netafim, Jain Irrigation Systems, Lindsay Corporation

Expansion of IoT-based systems for precision agriculture

Greenhouses

Rivulis, Toro Company, Valmont Industries

Development of advanced sensors for greenhouse irrigation

Landscaping

Rain Bird Corporation, Hunter Industries

Emphasis on water conservation strategies through smart controllers

 

Industry Opportunities

 

Emergence of Data-Driven Farming: Incorporation of Big data analytics into precision irrigation systems brings opportunities for market players. This smart incorporation of technologies could improve water utilization and boost crop productivity.

 

Expansion into Developing Markets: With the increasing adoption of farming methods in developing nations, there exists a notable potential for expansion within the precision irrigation sector.

https://datastringconsulting.com/downloadsample/precision-irrigation-market-research-report

About DataString Consulting

 

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

 

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataString’s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.

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