Variable Rate Irrigation Market Trend Analysis and Future Growth Prospects to 2030
The global Variable Rate Irrigation Market is exhibited strong growth in 2021 and is projected to maintain a steady revenue growth rate throughout the forecast period. Factors such as the increasing global population's demand for food, growing concerns about natural ecosystems and sustainable groundwater, a focus on efficient water management, and the utilization of efficient sprinkler irrigation systems are expected to fuel the growth of the market. VRI systems play a crucial role in enhancing water productivity by precisely delivering specific water volumes, thereby preventing over or under irrigation and improving crop yield. By increasing profitability, conserving water and energy, enhancing farm efficiency, and reducing nutrient leaching, VRI systems offer various advantages that drive their adoption in water-scarce areas and farms located in arid regions. These factors are anticipated to contribute significantly to the growth of the global VRI market in the future.
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Variable Rate
Irrigation Market Segments:
The Variable Rate Irrigation market can be categorized based
on system type and irrigation system type. In terms of system type, two key
categories can be identified: speed control and zone or nozzle control. Speed
control systems regulate the speed of water application, while zone or nozzle
control systems focus on adjusting the water flow at specific zones or nozzles
within the irrigation system.
When considering the irrigation system type, there are two
main categories: central pivot and lateral move. Central pivot systems involve
a pivoting arm that rotates around a central point, delivering water to crops
in a circular pattern. Lateral move systems, on the other hand, move laterally
across the field, providing water in a straight line.
Within the pivot system category, there are two outlooks to
consider: zone VRI and sector VRI. Zone VRI refers to the implementation of
variable rate irrigation at the zone level, allowing for precise water
application based on the specific needs of each zone. Sector VRI, on the other
hand, involves dividing the field into sectors and applying varying water rates
to each sector, based on its specific requirements.
Overall, these different system types and irrigation system
types within the VRI market offer various options for farmers and growers to
optimize their irrigation practices, ensuring efficient water usage and
improved crop yield.
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Variable Rate
Irrigation Market Strategic Developments:
- In
January 2020, CropX, which is a leading global soil sensing and
agricultural analytics company, announced the acquisition of CropMetrics,
which is a prominent provider of cloud-based, precision-irrigation tools
based in Nebraska, to strengthen its presence in the U.S. market.
Variable Rate
Irrigation Market Competitive landscape:
In the global Variable Rate Irrigation market, there are
several key players that contribute to its growth and development. These
companies include WaterForce, Valley Irrigation, IQ Irrigation, Crop Quest,
Agricultural Construction, Inc., CropMetrics, and Cropaia.
WaterForce is a prominent player in the VRI market, offering
innovative irrigation solutions and technologies. Their expertise lies in
providing efficient water management systems that optimize irrigation practices
for enhanced crop yield and resource conservation.
Valley Irrigation is another significant player in the VRI
market. They specialize in manufacturing and distributing advanced irrigation
equipment, including center pivot and linear irrigation systems. Their
solutions focus on improving water distribution accuracy and ensuring precise
water application.
IQ Irrigation is a company known for its expertise in
precision irrigation technology. They offer intelligent irrigation systems that
utilize data-driven approaches to optimize water usage and maximize crop
productivity. Their solutions incorporate advanced sensors and automation
technologies for efficient irrigation management.
Crop Quest is a key player in the VRI market, providing
comprehensive agronomy services and precision agriculture solutions. Their
offerings include VRI systems that enable farmers to optimize water application
based on crop needs and field conditions, resulting in improved water use
efficiency.
Agricultural Construction, Inc. is recognized for its
expertise in constructing and installing irrigation systems, including VRI
systems. They provide customized irrigation solutions tailored to the specific
requirements of farms and ensure effective water management practices.
CropMetrics is a company that focuses on precision
irrigation management. They offer VRI solutions that utilize advanced data
analytics and remote sensing technologies to deliver precise water application,
thereby improving crop health and yield.
Cropaia is a player in the VRI market that specializes in
agricultural technology and digital farming solutions. They provide VRI systems
that leverage data-driven insights and artificial intelligence algorithms to
optimize irrigation practices, enabling farmers to achieve sustainable and
efficient water use.
These companies play vital roles in driving the growth and
advancement of the global VRI market, offering innovative technologies and
solutions that contribute to efficient water management, improved crop
productivity, and sustainable agricultural practices.
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