The global Smart Irrigation Controllers Market will be worth USD 732.7 Million by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing scarcity of water. Increasing government initiatives regarding water conservation have resulted in the growing need for enhanced irrigation controller. The growing implementation of information communication technologies and the internet of things is expected to drive the growth of smart irrigation controllers over the forecast period.
In addition, the study on the Smart Irrigation Controllers market for the forecast period, 2020 – 2027 quantifies the share occupied by the prominent players of the industry and enlightens the business owners from the fast-growing investment pockets and competitive landscape. Furthermore, the industry is classified into various segments with a detailed assessment of each and every aspect such as gross margin, profits, import and export status and others. All vital statistics are presented with the help of charts, tables and graphic images, which can be easily incorporated into any business presentation.
The increasing penetration rate of smartphones in the emerging economies offers growth opportunities for the future as some of the smart irrigation controller providers are delivering voice assistance service based automated scheduling for irrigation. The increasing usage of smartphones by the farmers will help them obtain information on weather change and Climate data. The emergence of smart cities in developing economies is expected to increase the adoption of smart irrigation controllers.
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Key Highlights From The Report
In August 2019, Lindsay Corporation, a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, launched new customer-driven irrigation solutions such as, Next Gen Zimmatic ® Controllers, Zimmatic® 9520PL, and Zimmatic® 9500HS, which are expected to help farmers improve productivity and conserve resources.
The Weather-based controller segment held the largest market share of 59.6% in 2019. The increasing need to adjust the watering schedule based on local weather conditions has increased the adoption of the Weather-based controllers by the large scale commercial farms.
Agricultural Industry is forecasted to grow with the fastest CAGR of 15.4% over the forecast period. Agricultural applications such as open field and greenhouses are increasingly adopting smart irrigation controllers to enhance crop quality and reduce water usage.
The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the increasing government initiatives regarding water conservation.
Key participants include The Toro Company, Lindsay Corporation, Valmont Industries, Rain Bird Corporation, Hunter Industries, Netafim, HydroPoint Data Systems, Weathermatic, Rachio Inc., and Nelson Irrigation Corporation, among others.
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Type Outlook (Revenue, USD Million; 2017-2027)
Weather-based controllers
Soil-based controllers
End Users Outlook (Revenue, USD Million; 2017-2027)
Agriculture Industry
Non-Agriculture Industry
Regional Outlook (Revenue, USD Million; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
Table of Content
Chapter 1. Methodology & Sources
1.1. Smart Irrigation Controllers Market Definition
1.2. Smart Irrigation Controllers Market Research Scope
1.3. Smart Irrigation Controllers Market Methodology
1.4. Smart Irrigation Controllers Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Smart Irrigation Controllers Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Smart Irrigation Controllers Market Segmentation & Impact Analysis
Continued…
