Variable Rate Irrigation (VRI) Market Increasing demand for food due to expanding global population
The global Variable Rate Irrigation (VRI) Market size was robust in 2021 and is expected to register a steady revenue CAGR over the forecast period. One of the key factors driving market revenue growth is increased consumption of the material from industrial applications such as restaurants, clinics, commercial complexes, and others. They are used to cover the inside and outside of buildings, as well as to create ornamental and aesthetic glass mosaics. Porcelain tiles are bits of glass that have been molded into uniform forms. They have grown in popularity as field and accent tiles in recent years. This trend can be linked to recent technological advancements as well as the intrinsic features of tiles, notably their ability to impart strong color and reflect light, as well as their water resistance. These reasons are driving revenue growth of the market during the forecast period.
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Top Leading Players:
- WaterForce
- Valley Irrigation
- IQ Irrigation
- Crop Quest
- Agricultural Construction, Inc.
- CropMetrics
- Cropaia
Major Factors Driving Revenue Growth of the Global Variable Rate Irrigation Market:
VRI technology can reduce pumping for irrigation, which in turn reduces Greenhouse Gas (GHG) emissions and saves energy. It also reduces runoff and deep percolation of the water below the root zone, which minimizes chances of over irrigation and enables maintaining of crop quality. Matching of water rates with variable water holding capacities of areas within a filed can lead to water savings and reduced water wastage. VRI systems can improve whole-field crop water productivity, can enable implementation of precision agriculture, and reduce non-point source pollution, and these factors are boosting adoption of VRI systems and are expected to contribute to revenue growth of the market over the forecast period.
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Variable Rate Irrigation (VRI) Market Upcoming Growth:
Anticipated Expansion of the Variable Rate Irrigation (VRI) Market:
The Variable Rate Irrigation (VRI) market is poised for significant growth in the near future. This expansion is expected to be driven by several factors that contribute to the adoption and demand for VRI technology.
One of the primary drivers of market growth is the increasing need for efficient water management in agriculture. With growing concerns over water scarcity and the sustainability of irrigation practices, there is a growing emphasis on precision irrigation techniques like VRI. VRI enables farmers to apply water precisely where and when it is needed, optimizing water usage and minimizing wastage.
Another factor fueling the growth of the VRI market is the advancements in technology. The development of sophisticated irrigation systems, sensor technologies, and data analytics tools has made VRI more accessible and effective. These technological advancements enable farmers to gather real-time data on soil moisture levels, crop water requirements, and weather conditions, allowing them to make data-driven decisions and tailor irrigation strategies accordingly.
Segments covered in the report:
System Type Outlook (Revenue, USD Million; 2019-2030)
- Speed Control
- Zone or Nozzle Control
Irrigation System Type Outlook (Revenue, USD Million; 2019-2030)
- Central Pivot
- Lateral Move
Pivot System Outlook (Revenue, USD Million; 2019-2030)
- Zone VRI
- Sector VRI
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