Thailand Smart Irrigation Market size is projected to grow at a CAGR of 8.7% during 2024-2030

Greenhouse Segment of Agriculture based on application held the highest revenue share of Thailand Smart Irrigation Market-6Wresearch

In 2023, the greenhouse segment in the Thailand smart irrigation market holds a larger percentage due to the growing adoption of controlled-environment agriculture, which demands precise irrigation systems for higher crop yields and efficient water use.

According to 6Wresearch, Thailand Smart Irrigation Market size is projected to grow at a CAGR of 8.7% during 2024-2030. Thailand smart irrigation market has grown significantly in recent years, driven by an expansion of the agriculture sector, increasing adoption of IoT technologies, as well as government initiatives such as the National Water Resources Management Strategy and Thailand 4.0. Furthermore, traditional irrigation methods, which waste about 30% of water, are gradually being replaced with smart irrigation systems to improve productivity and resource efficiency as water scarcity is estimated to hit Thailand hard by 2025. Additionally, the integration of IoT, sensors, automation, and data analytics further promote the efficient water management and improved agricultural output, further fueling the smart irrigation systems in Thailand.

Looking ahead, the Thailand smart irrigation market is set for continued growth, supported by technological advancements and digital innovations. By 2030, these technologies are expected to generate USD 79.5 billion in revenue.

According to Sumit, Senior Research Analyst, 6Wresearch, the non-agricultural sector dominates the Thailand smart irrigation market due to rising urbanization, increased use in residential lawns, public parks, golf courses, and commercial spaces, driven by water conservation efforts and smart city initiatives.

Thailand Smart Irrigation Market (2024-2030) report provides an in-depth analysis with 21 figures and 5 tables, covered in 71 pages. The report thoroughly covers market by type, by material, by shape and by end-user. Thailand Smart Irrigation Market outlook report provides an unbiased and detailed analysis of the on-going Thailand Smart Irrigation Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.